Skip to main content

old carco

  • 0
    REPORT: Old Carco (read: "Bad Chrysler") to not repay $4B in TARP loans
    1261067460

    Before Fiat and prior to bankruptcy, the old Chrysler, LLC needed $4 billion just to keep the doors open. The Bush Administration came through with the company-saving cash at the 11th hour, keeping the Pentastar solvent long enough to make it to bankruptcy court. Chrysler was reportedly given $15 ...

  • 0
    REPORT: 'Old' Chrysler defaulting on loan obligations
    1252444800

    Before there was a Motors Liquidation Co, post-bankruptcy GM's hived-off shelter for useless assets, there was Old Carco LLC. That's the company Chrysler built to house its useless assets, and unsurprisingly, it doesn't have good news for unsecured creditors. Old Carco was left with liabilities ...

  • 0
    Chrysler to expand product liability claims after all
    1251469860

    When Chrysler sought bankruptcy protection on April 30, the Obama administration insisted that one of the conditions of its Chapter 11 filing were that all product lawsuits against the Pentastar were the responsibility of "Old Carco LLC." In other words, anyone in litigation with Chrysler as a ...

Loading

Loading
Autoblog iPhone App
Shop for a vehicle