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0Cerberus could align GMAC and Chrysler Financial 1179523020
No one knows yet what Cerberus is going to do with Chrysler. However, the possibilities probably include quite a few things that wouldn't be normally expected in the car business -- such as GMAC and Chrysler Financial working closely together. Cerberus hasn't made any mention of such, yet -- that ...
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Wagoner cuts pay by 25% to aid turnaround, well kind of 1177774920
When possible, we like to cross-reference stories with other news sources before we report on them, and we've found this to be even more important when the topic at hand is hard data. When we came across a Reuters' story proclaiming that GM CEO Rick Wagoner was taking a 25-percent pay cut beginning ...
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