Deal

Details about the deal announced this morning between the Chrysler Group and United Auto Workers union have surfaced, and it's apparent that the smaller, less financially stable automaker has given away the least compared to similar deals already struck with the UAW by cross-town rivals General ...

Contract negotiations between General Motors and the United Auto Workers have led to a tentative agreement on a new labor deal, pending ratification by membership. Specifics of the four-year contract, agreed upon last night at around 11:00 PM, have not been released, but in an official ...

The Mercedes-Benz Baltimore vehicle process center has secured a five-year contract to inspect, process, and repair pre-delivery BMW and Mini vehicles arriving in the United States. It's a deal that makes economic sense for both companies, say that automakers. BMW models currently arrive in ...

The deal has been signed, but the cash still hasn't changed hands. In a nutshell, that's where the share transfer agreement between GM and Swedish manufacturer Koenigsegg sits. Those close to the deal say the two companies have agreed on a ...

The sale of Chrysler's assets to Fiat have been delayed by Supreme Court Justice Ruth Bader Ginsburg after three Indiana state pension funds lost their case in New York and filed papers with the highest court the land. Early reports indicate that this is only a temporary stay, with Ginsburg saying ...

The April 30th deadline to reorganize looms larger by the second, and Chrysler is scrambling to make deals that could theoretically help it stave off a bankruptcy filing next week. For that to happen. Chrysler needs to get concessions from labor unions and lenders that make the financial situation ...

It may be time to stop holding your breath. The planned deal between Chrysler LLC and the Chery Automobile Company to bring a Chrysler-badged Chery to our shores seems to be completely over... no, really this time. While there was nothing inherently wrong with the concept of importing the small ...

In a move that will help both ailing automakers, General Motors and Ford are holding discussions about sharing engine and powertrain technologies. Although neither company will officially acknowledge the liaisons, the meetings have been going on for more than a month, according to sources. ...

Click on the image above for our high-res Hyundai Genesis gallery To lure buyers towards the all-new 2009 Hyundai Genesis luxury sedan, the Korean automaker is aggressively pricing lease programs. Traditional Hyundai customers choose to lease about 10-12 percent of the time. The Genesis, ...

Word out of Frankfurt from the Financial Times Deutschland is that BMW is in talks to sell engines and transmissions to both General Motors and Fiat. All three companies have declined to officially comment. The news is interesting, but not surprising. You may recall that GM has been selling ...