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REPORT: Chrysler pursuing clause to award Fiat $35 million if deal falls apart

Think Fiat's getting a pretty sweet deal with Chrysler? The Italian automaker is, after all, gaining a 20% stake in the troubled American automaker, plus local manufacturing capacity and access to its dealer networks, all without paying a thin dime. Not a bad deal, but Chrysler's hard at work trying to make it sweeter. Emerging reports suggest that if the deal between Fiat and Chrysler were to fall apart, Chrysler would be obligated to pay Fiat $35 million in severance fees. Chrysler is currently pursuing the clause in the courts administering ... Read more →

BREAKING: Chrysler Group reveals details of union worker buyouts

This afternoon the Chrysler Group and the UAW released a statement revealing details of the early retirement and separation programs that will help the automaker reach its goal of shedding 13,000 ...

Automaker Smackdown: Hyundai vs. Toyota

So, you're Hyundai. You badly covet more market share in the US, and your targets are Honda and Toyota. What would be better than to hire a defector from the other team? It's even better when the ...

REPORT: Chrysler pursuing clause to award Fiat $35 million if deal falls apart 7 months ago on Autoblog

Think Fiat's getting a pretty sweet deal with Chrysler? The Italian automaker is, after all, gaining a 20% stake in the troubled American automaker, plus local manufacturing capacity and access to its dealer networks, all without paying a thin dime. Not a bad deal, but Chrysler's hard at work ...

BREAKING: Chrysler Group reveals details of union worker buyouts 2 years ago on Autoblog

This afternoon the Chrysler Group and the UAW released a statement revealing details of the early retirement and separation programs that will help the automaker reach its goal of shedding 13,000 jobs. Two-thousand jobs being eliminated are salaried positions, and we brought you details on those ...

Automaker Smackdown: Hyundai vs. Toyota 3 years ago on Autoblog

So, you're Hyundai. You badly covet more market share in the US, and your targets are Honda and Toyota. What would be better than to hire a defector from the other team? It's even better when the defector brings along plenty of top-secret information to share. That's just what engineer Bruce ...








Autoblog Podcast #157: Mike Levine trucks along with us.

Mike Levine from PickupTrucks.com joins Chris, Sam, and Dan this week and gets a chance to talk about cars, too! 

 
 

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