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0Report: Nardelli "laments all the time" that Cerberus lost Chrysler 1317673860
The Detroit News reports that former Chrysler CEO Bob Nardelli believes that the Obama Administration didn't need to hand the automaker to Fiat in order for the company to continue on. Instead, Nardelli says that a private equity firm could have easily taken the reins and steered the company back ...
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Ex-Chrysler head Bob Nardelli to chair
Dunder MifflinOhio paper company 1276698540We haven't heard much from Bob Nardelli since he and his Cerberus buddies rode off into the sunset last year in the wake of the Chrysler bankruptcy. Having proved pretty conclusively that he and his team were incapable of running a large automotive enterprise, Nardelli has apparently managed to ...
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Congressional letter alleges Nardelli and Chrysler failed to disclose more lucrative offer for Viper 1244224740
In a letter from California Congressman Darrell Issa to Chrysler's Bob Nardelli, the Auburn Hills executive is charged with failing to disclose information regarding the sale of the Dodge Viper line. According to the letter obtained by Autoblog from a source close to the situation, the Republican ...
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BREAKING: Marchionne confirmed as post-bankruptcy Chrysler CEO 1241709300
After weeks of speculation, Fiat confirmed today that its CEO, Sergio Marchionne, will assume the same role with Chrysler once it exits bankruptcy. According to statements from the Obama administration, Chrysler could emerge from "surgical bankruptcy" in as little as 30 to 60 days, after which ...
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REPORT: Fiat's Marchionne could replace Nardelli as Chrysler CEO in management shake-up royale 1239643620
If you were surprised by the "resignation" of GM chief Rick Wagoner late last month, get used to the idea. Chrysler reportedly has some major management changes in store as well, including a new seven-member executive board including representatives from Fiat and the Obama administration's ...
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That was fast: Chrysler and Fiat agree on
partnershipframework of a global alliance 1238435280Not long after the President concluded his televised press conference today, Chrysler released a statement saying that it and Fiat have already reached an "agreement on a framework of a global alliance". The President announced that the U.S. government would supply Chrysler with sufficient capital ...
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BREAKING: Bush greenlights $17.4 billion Auto Rescue/Bailout package 1229697120
President George W. Bush will doubtlessly be remembered for many things things, but his parting legacy may yet be his eleventh-hour pledge of $17.4 billion in low-interest loans to General Motors and Chrysler (Ford Motor Company has said it does not require relief at this time).The funding will ...
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Nardelli: New fuel efficient model might be out next year 1217606280
Click above for high-res gallery of the Dodge Hornet conceptBesides the introduction of the Dodge Challenger, there has been very little good news coming out of Chrysler lately. Sales are down 22% for the year due to a lineup that's still heavy on trucks and SUVs, but there may be some help on the ...
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Chrysler cutting 1,000 white collar workers 1216851720
Chrysler is losing money by the truck-load, and its vehicles aren't selling, so common sense dictates that team Pentastar was going to start making cuts soon. That time is now, when Chrysler notified workers that it would be cutting 1,000 white collar workers. Chrysler spokesman David Elshoff told ...
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Nardelli returns to work after back injury 1213030920
Chrysler LLC chief Bob Nardelli is back to work after being laid up with a bad back the past couple of weeks, and here we didn't even know he was hurt. Some bloggers we are. Nardelli's injury didn't require surgery, and the Chrysler CEO worked from home while getting the rest needed to tend to ...

