Chrysler sale

Despite Reuters reports of Hyundai's interest in Chrysler and specifically the Jeep brand, Hyundai has gone on record denying it. We've grown accustomed to automakers giving the arbitrary "no comment" response when the rumormill swirls with corporate takeover talk, but Hyundai has flat-out denied ...

The latest rumors regarding Cerberus-owned Chrysler and its possible sale point to the breakup of Chrysler's assets, and in particular its brands. General Motors may be interested in bits and pieces of its cross-town rival, but perhaps not the entire automaker. Jeep is considered Chrysler's most ...

Despite the fact that Chrysler shares are no longer sold on the stock market, rumors regarding the company's financial standing continue to haunt the number three domestic auto manufacturer in America. Last week, rumors regarding the negative cash flow were so rampant, a company spokesperson went ...

Chrysler's spinoff from its German parent and the subsequent sale to Cerberus Capital Management was announced back in May, but the deal was only given final approval from the European Commission yesterday. Despite the latest episode, we're unlikely to see things finalized until at least the third ...

The enhanced version of Autoblog Podcast #66 is finally here, and it broght some pictures to the audio party. In part one, we talk Cerberus' purchase of the American icon turned German property Chrysler. In part two of podcast #66 we finished up the Chrysler talk, then we covered quite a bit of ...

The last time that Chrysler was on the brink around the turn of the century, Dieter Zetsche and Wolfgang Bernhard came over from Germany to try and right the ship and seemed to have succeeded at least for a time. Then Bernhard was recalled to the mother ship in Stuttgart where he ruffled former CEO ...

Last week we told you that DaimlerChrysler's Rüdiger Grube was heading to New York to visit with potential suitors for the Chrysler Group. And it appears he was a man on a mission. It seems that a close source has told news outlets that a sale could be wrapped up by as early as May. Although ...

Is DaimlerChrysler deliberately snubbing Kirk Kerkorian? Word has it the company is sending one of its top executives to New York to meet with potential buyers, but Kirk isn't on the list. Kerkorian, as you may know, has already made a $4.5 billion offer for Chrysler.According to the Wall Street ...

DaimlerChrysler CEO Dieter Zetsche has told a German newspaper that DCX is not committed to separating from the Chrysler Group and may end up staying as a single company when all is said and done. He also stated the Chrysler is not on the auction block to all potential bidders. Rather, Daimler is ...