Showing posts with label Chrysler. Show all posts
Showing posts with label Chrysler. Show all posts
Saturday, October 31, 2009

Canada Ford plant to shutdown in 2011, layoff 1,400 jobs

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US automaker Ford Motor Co. will shutter one of its manufacturing plants in Canada in 2011, a move that will cut 1,400 jobs, the Canadian Au...
Thursday, February 12, 2009

Will General Motors layoff 10,000 salaried jobs?

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General Motors Corp. said on Tuesday it will cut 10,000 salaried jobs, citing the need to restructure itself with a government deadline loom...
Sunday, January 4, 2009

Chrysler gets $4-billion loan from US govt

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Chrysler LLC said on Friday it has received an initial $4 billion emergency loan from the US government. "This initial loan will allow ...
Saturday, January 3, 2009

Will US Treasury mull Citi-style rescues to auto giants?

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The US Treasury Department has given itself free rein in deciding the rescues of companies in the finance and auto sectors, according to two...
Thursday, January 1, 2009

General Motors gets first tranche of US loan

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General Motors Corp received its first multibillion dollar loan installment from the US Treasury Department Wednesday night, right in time t...
Wednesday, December 31, 2008

GM cuts financing costs; GMAC expands lending

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General Motors Corp and its financing affiliate GMAC on Tuesday announced programs to make it easier for car and truck buyers to get financi...
Saturday, December 20, 2008

Finally bailout approved: Automakers to get $17.4 bn

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Citing danger to the national economy, the Bush administration approved an emergency bailout of the US auto industry on Friday, offering $17...
Saturday, December 13, 2008

General Motors calls on UK Govt to rescue it

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General Motors, which employs 5,500 people around the UK, is in talks with the British government to secure cash to allow it to continue ope...
Tuesday, December 9, 2008

General Motors India to hire 500 people

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Even as companies are giving pink slips to employees as a result of the global meltdown, GM India is increasing its employee strength from t...
Sunday, December 7, 2008

Will the $15b-loan bail out help US auto industry?

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Facing massive job losses, the White House and congressional Democrats are working to provide about $15 billion in loans to prevent Detroit’...