Autoblog http://www.autoblog.com Autoblog http://www.blogsmithmedia.com/www.autoblog.com/media/feedlogo.gif Autoblog http://www.autoblog.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[REPORT: GM pursuing Chrysler for repayment of Two-Mode Hybrid development]]>http://www.autoblog.com/2009/06/23/report-gm-persuing-chrysler-for-repayment-of-two-mode-hybrid-de/http://www.autoblog.com/2009/06/23/report-gm-persuing-chrysler-for-repayment-of-two-mode-hybrid-de/http://www.autoblog.com/2009/06/23/report-gm-persuing-chrysler-for-repayment-of-two-mode-hybrid-de/#commentsFiled under: , , , , , ,



Our friends at PickupTrucks.com are reporting that General Motors has filed documents in court in an attempt to get "New" Chrysler to honor its full pre-bankruptcy debt of $531,275 (of which Chrysler has so far only agreed to pay back about a third) for work on the sophisticated Two-Mode hybrid powertrain that was jointly developed by the two American automakers along with Daimler and BMW.

Chrysler and General Motors have both filed for Chapter 11 protection from creditors, which allows the automakers to renegotiate - or in many cases completely cancel - past contracts that are no longer desirable. It seems that Chrysler's contract with The General, which is supplying the hybrid transmissions to Chrysler, has yet to be picked up by New Chrysler.

This case is a bit more intriguing than most - such as Chrysler's canceled contract with Cummins for light-duty diesel engines for the Ram pickup - as it pits General Motors across the courtroom and on the other side of bankruptcy negotiations. We suspect that New Chrysler may be keen to pick up its old tab since the automaker is still planning to use the Two-Mode Hybrid technology for future vehicles, starting with the 2010 Dodge Ram, though possibly with more favorable terms.

[Source: PickupTrucks.com]

REPORT: GM pursuing Chrysler for repayment of Two-Mode Hybrid development originally appeared on Autoblog on Tue, 23 Jun 2009 19:28:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>chryslerchrysler 2-modechrysler bankruptcychrysler contractchrysler gmchrysler gm contractchrysler hybridchrysler two modechrysler two-modeChrysler2-modeChryslerBankruptcyChryslerContractChryslerGmChryslerGmContractChryslerHybridChryslerTwo-modeChryslerTwoModegmgm 2-modegm two modegm two-modeGm2-modeGmTwo-modeGmTwoModegreenTue, 23 Jun 2009 19:28:00 EST http://www.autoblog.com/feed/19076009/article-comments.xml http://www.autoblog.com/feed/2009/06/23/report-gm-persuing-chrysler-for-repayment-of-two-mode-hybrid-de/19076009/article-detail.xml 19076009 http://www.blogcdn.com/www.autoblog.com/media/2009/06/hemi_two_mode_thumbnail.jpg http://www.blogcdn.com/www.autoblog.com/media/2009/06/hemi_two_mode.jpg <![CDATA[Autoblog Podcast #125]]>http://www.autoblog.com/2009/04/29/autoblog-podcast-125/http://www.autoblog.com/2009/04/29/autoblog-podcast-125/http://www.autoblog.com/2009/04/29/autoblog-podcast-125/#commentsFiled under: , , , , , , , ,


Click above for the Autoblog Podcast in iTunes, RSS or listen now!

We're up to a buck and a quarter, and Episode #125 of the Autoblog Podcast is nearly a half-hour of value. Chris, Sam, and Dan jump in and cover a slew of recent topics. To start, Sam recounts his recent drive in a Cruze-based Volt mule. We turn our attention to Ford's stupid mileage tricks with a Fusion Hybrid before moving on to the honoring of Aston Martin's One77 at the Villa D'Este Concorso D'Eleganza. Of course, a big ol' whack of time is taken up by talk about industry happenings, both at GM and Chrysler, before we wrap up by answering some excellent questions from listeners. Hang in there for the full show, and as always, drop us a line at podcast at autoblog dot com, and don't forget our Twitter feed

Follow the jump to subscribe to the Autoblog Podcast in iTunes, add the show to your RSS aggregator... or listen to it right now!

Continue reading Autoblog Podcast #125

Autoblog Podcast #125 originally appeared on Autoblog on Wed, 29 Apr 2009 18:55:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>aston martinaston martin one-77AstonMartinAstonMartinOne-77autoblog podcastAutoblogPodcastchrsyler fiatChrsylerFiatchrysler bankruptchrysler bankruptcychrysler creditorschrysler gmChryslerBankruptChryslerBankruptcyChryslerCreditorsChryslerGmcruse voltCruseVoltfeaturedgm bankrupgm bankruptcygm bankruptcy june 1GmBankrupGmBankruptcyGmBankruptcyJune1one77voltvolt driveVoltDriveWed, 29 Apr 2009 18:55:00 ESTAutoblog Podcast #125Autoblog1:26 http://www.autoblog.com/feed/1532300/article-comments.xml http://www.autoblog.com/feed/2009/04/29/autoblog-podcast-125/1532300/article-detail.xml 1532300 http://www.blogcdn.com/www.autoblog.com/media/2008/07/autoblog-podcast_thumbnail.jpg http://www.blogcdn.com/www.autoblog.com/media/2008/07/autoblog-podcast.jpg <![CDATA[GM, Chrysler holding merger talks again? Or not...]]>http://www.autoblog.com/2008/12/18/gm-chrysler-holding-merger-talks-again-or-not/http://www.autoblog.com/2008/12/18/gm-chrysler-holding-merger-talks-again-or-not/http://www.autoblog.com/2008/12/18/gm-chrysler-holding-merger-talks-again-or-not/#commentsFiled under: , , , , , ,



Can this really be happening all over again? Weeks after merger talks between Chrysler and GM seemed to implode, the companies may be talking about hooking up again, according to the Wall Street Journal. General Motors Corp. and Chrysler LLC have reportedly stepped back into the negotiation room after Chrysler owner Cerberus Capital Management LP said that maybe, just maybe, it's willing to give up some ownership in the Pentastar. In fact, it may be that Cerberus has started this latest round of talks to show Washington it's willing to play nice with the other kids to secure part of a $14 billion rescue package that's on the table.

Nevertheless, GM spokesman Tony Cervone woke up this morning and immediately denied that merger talks between the two weakest Detroit automakers have resumed, saying only that GM's stance on the merger is the same as it was in November.

We talked about this the last time a merger was mentioned, but consolidating these two automakers would most likely lead to massive layoffs and more than a few plant shutdowns, plus the elimination of a lot of Chrysler models. There is too much capacity and overlap between the two companies' product lineups, but with money running low for both of them, merging could still be made a condition of receiving federal assistance.

[Source: Wall Street Journal via The Globe and Mail, Marketwatch]

GM, Chrysler holding merger talks again? Or not... originally appeared on Autoblog on Thu, 18 Dec 2008 10:58:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>cerberuscerberus capital managementCerberus Chrysler GMCerberusCapitalManagementCerberusChryslerGmchrysler gmchrysler gm mergerChryslerGmChryslerGmMergergm chryslergm chrysler mergerGmChryslerGmChryslerMergerThu, 18 Dec 2008 10:58:00 EST http://www.autoblog.com/feed/1404951/article-comments.xml http://www.autoblog.com/feed/2008/12/18/gm-chrysler-holding-merger-talks-again-or-not/1404951/article-detail.xml 1404951 http://www.blogcdn.com/www.autoblog.com/media/2008/12/gmchryslerlove_opt_thumbnail.jpg http://www.blogcdn.com/www.autoblog.com/media/2008/12/gmchryslerlove_opt.jpg <![CDATA[Chrysler CEO Nardelli responds to GM announcing merger talks are off]]>http://www.autoblog.com/2008/11/07/chrysler-ceo-nardelli-responds-to-gm-announcing-merger-talks-are/http://www.autoblog.com/2008/11/07/chrysler-ceo-nardelli-responds-to-gm-announcing-merger-talks-are/http://www.autoblog.com/2008/11/07/chrysler-ceo-nardelli-responds-to-gm-announcing-merger-talks-are/#commentsFiled under: , ,

Chrysler LLC just released a statement from Bob Nardelli in which the CEO responds, in a way, to General Motors' third quarter earnings report. In the report, GM acknowledged that it had "recently explored the possibility of a strategic acquisition". While not citing Chrysler by name, we all know the strategic acquisition in question is the Auburn Hills-based automaker currently owned by private equity group Cerberus Capital Management. Nardelli responds by comically not confirming that his company was GM's target, reiterating for the umpteenth time that Chrysler doesn't talk about its business dealings with other companies because they often lead nowhere, like in this case we suppose. Of course, though his response confirms nothing, its mere existence confirms everything. All Nardelli does say is that Chrysler will continue to explore "multiple strategic alliances" that will aid its own turnaround effort. Carlos Ghosn, the prominent figurehead of Nissan/Renault whose companies were also on the short list of merger partners for Chrysler, should check his voicemail right about now.

Check out Nardelli's statement in his own words after the jump.

[Source: Chrysler, LLC]

Continue reading Chrysler CEO Nardelli responds to GM announcing merger talks are off

Chrysler CEO Nardelli responds to GM announcing merger talks are off originally appeared on Autoblog on Fri, 07 Nov 2008 15:28:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bob nardelliBobNardellichrysler gmchrysler gm mergerChryslerGmChryslerGmMergerFri, 07 Nov 2008 15:28:00 EST http://www.autoblog.com/feed/1365715/article-comments.xml http://www.autoblog.com/feed/2008/11/07/chrysler-ceo-nardelli-responds-to-gm-announcing-merger-talks-are/1365715/article-detail.xml 1365715 http://www.blogcdn.com/www.autoblog.com/media/2008/11/chrysler_logo_brillant_thumbnail.jpg http://www.blogcdn.com/www.autoblog.com/media/2008/11/chrysler_logo_brillant.jpg -1 2