cerberus chrysler


REPORT: If Chrysler goes down, it could cost Daimler $1 billion

Nerves are frazzled in Stuttgart over the troubles facing Chrysler. Let's not forget that Daimler still has a skin in the Chrysler game, and while everyone natters and frets about whether or not Fiat will prove to be the Savior Of Auburn Hills, execs are also thinking about the worst-case scenario in the halls of Daimler. According to the Detroit Bureau, Bodo Uebber, Daimler's Chrysler guy, reported recently that concerned shareholders are rightfully nervous, as Daimler could be stuck with a $1 billion liability if Chrysler ist kaput. ... Read more →

More rumors of a Chrysler sale, bankruptcy Jeremy Korzeniewski

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 ...

REPORT: Cerberus sells more than half of Chrysler and GMAC, Chrysler denies John Neff

UPDATE: Chrysler just released the following statement: "Cerberus has not reduced or made any changes to its equity stakes in GMAC or Chrysler since the closing of either transaction. Cerberus ...

Next Chrysler 300 gets evolutionary exterior, "huge leap" in interior Dan Roth

When the Chrysler 300 dropped on an unsuspecting public in 2004, it was all crisp edges and upright stance, with a bulldog face to help drive home the message of urgent thrust delivered by a reborn ...

Former Chrysler design god Tom Gale joins Cerberus advisory team Chris Tutor

Looks like Cerberus is getting the Chrysler band back together. Automotive News reports (sub. required) that the latest former Chrysler exec to come back is Tom Gale. You probably remember Gale as ...

Reports say Cerberus chosen as Chrysler buyer 2 years ago on Autoblog

It was only hours ago we reported that Cerberus looked more likely than Magna to buy Chrysler. Now The Detroit News is reporting the firm may have already been chosen as the preferred buyer and an announcement could come as early as Monday. Reuters and The Wall Street Journal say negotiations are ...

Cerberus may be only serious bidder for Chrysler 2 years ago on Autoblog

Less than a week ago, we brought you a report saying Magna is the only serious bidder for Chrysler and that Cerberus was brought in to make it look like more parties were interested in buying. According to the Associated Press, if the plan was to throw reporters off the scent, it worked. The ...






Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

 
 

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