ChryslerBuyout


Chrysler offers new round of less attractive buyouts to hourly workers

With the February 17th deadline for proving its long-term viability looming, Chrysler LLC has reportedly launched a new round of buyouts for hourly workers. Word comes from an unidentified United Auto Workers official that Chrysler hopes to off load an unknown number of workers eligible for retirement and replace them with new hires that would earn half as much ($14/hr instead of $28) and receive half as many benefits. Unfortunately for those veteran workers who didn't take the automaker's buyout offer last year, the new round reportedly ... Read more →

Chrysler stops talks with Nissan/Renault in favor of GM Chris Shunk

If Cerberus is ever going to shed itself of Chrysler, it looks like a deal will happen with soon-to-be former rival General Motors. Automotive News is reporting that no further talks have been ...

Chrysler offers new round of less attractive buyouts to hourly workers 10 months ago on Autoblog

With the February 17th deadline for proving its long-term viability looming, Chrysler LLC has reportedly launched a new round of buyouts for hourly workers. Word comes from an unidentified United Auto Workers official that Chrysler hopes to off load an unknown number of workers eligible for ...

Chrysler stops talks with Nissan/Renault in favor of GM 1 year ago on Autoblog

If Cerberus is ever going to shed itself of Chrysler, it looks like a deal will happen with soon-to-be former rival General Motors. Automotive News is reporting that no further talks have been scheduled between Nissan/Renault and the Auburn Hills-based automaker, as Cerberus has determined that the ...






Autoblog Podcast #156: Paukert comes back for more! 

Chris, Dan, and Editor Paukert chat and give each other grief. Merriment ensues.

 
 

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