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REPORT: Chrysler unlikely to pay back most recent $4.5 billion gov't loan
Repayment of the $4.5 billion life-line in U.S. and Canadian loans that a federal bankruptcy court allowed yesterday is "highly unlikely," according to Ron Manzo, a top company adviser. To Chrysler's bankruptcy legal team, that is not the issue. Urging the court "to let this company live," automaker attorney Corinne Ball said "the survival of Chrysler's business is at stake in these proceedings, as is the fate of hundreds of suppliers and thousands of Chrysler dealers around the country." In other related developments: Chrysler's salaried ... Read more →
Ford might increase cuts in slow economy Damon Lavrinc
Mark "the Mullet" Fields dropped some small ordinance during an interview with the Wall Street Journal today, saying that if the slow U.S. economy puts the automaker at risk of not meeting its ...
Koenigsegg is in debt, but not circling the drain Damon Lavrinc
There are a number of hurdles to overcome when playing to people's egos, adrenal glands and pocket books. When combing the three into a cohesive, four-wheeled package, the task is even more daunting. ...
Recent Ford bond issues to pay out record returns Eric Bryant
From all appearances, Ford Motor Company feels it will need a well-baited hook in order to attract investors to its most recent issue of bonds. As such, the Blue Oval crew is offering $2.5 billion ...
FCC lobbied by debt collectors to allow auto-dialing of mobile phones Joel Arellano
According to the Washington Post, debt collectors are lobbying the Federal Communications Commission (FCC) to again use automated dialers to contact mobile phones of debtors. Previously, collectors ...
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REPORT: Chrysler unlikely to pay back most recent $4.5 billion gov't loan 7 months ago on Autoblog
Repayment of the $4.5 billion life-line in U.S. and Canadian loans that a federal bankruptcy court allowed yesterday is "highly unlikely," according to Ron Manzo, a top company adviser. To Chrysler's bankruptcy legal team, that is not the issue. Urging the court "to let this company live," automaker ...
Ford might increase cuts in slow economy 2 years ago on Autoblog
Mark "the Mullet" Fields dropped some small ordinance during an interview with the Wall Street Journal today, saying that if the slow U.S. economy puts the automaker at risk of not meeting its financial goals for the next two years, it may increase the rate at which it will cut costs. To quote ...
Koenigsegg is in debt, but not circling the drain 2 years ago on Autoblog
There are a number of hurdles to overcome when playing to people's egos, adrenal glands and pocket books. When combing the three into a cohesive, four-wheeled package, the task is even more daunting. Although Koenigsegg has only been in the business for five years, it knows that troubles don't end ...
Recent Ford bond issues to pay out record returns 3 years ago on Autoblog
From all appearances, Ford Motor Company feels it will need a well-baited hook in order to attract investors to its most recent issue of bonds. As such, the Blue Oval crew is offering $2.5 billion with rates as high as 10.75 percent - a record for the company. Analysts state that this is ...
FCC lobbied by debt collectors to allow auto-dialing of mobile phones 3 years ago on Autoblog
According to the Washington Post, debt collectors are lobbying the Federal Communications Commission (FCC) to again use automated dialers to contact mobile phones of debtors. Previously, collectors could use such technology but were banned back in 2003 as part of the FCC’s crackdown on ...
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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