7 Articles
Ex-Chrysler head Bob Nardelli to chair Dunder Mifflin Ohio paper company

We haven't heard much from Bob Nardelli since he and his Cerberus buddies rode off into the sunset last year in the wake of the Chrysler bankruptcy. Having proved pretty conclusively that he and his team were incapable of running a large automotive enterprise, Nardelli has apparently managed to climb back on the horse to try again at a slightly smaller enterprise, albeit in a different industry.

Nardelli apologizes for mistakenly saying plant will remain open

There are some things about which you never want to misspeak. Your wife's birthday, your child's age and we can now add plant closings to that list. On the day Chrysler LLC filed for Chapter 11 bankruptcy, CEO Robert Nardelli was on the phone with Wisconsin Gov. Jim Doyle and the state's congressional delegates. During the call, Nardelli was asked if the state's plant in Kenosha that

Chrysler values Fiat partnership at $10 billion

In an email to employees, Chrysler Corp. CEO Bob Nardelli has valued his company's potential partnership with Fiat at around $10 billion. That number is comprised of things like the cost of developing new vehicles that Chrysler would incur on its own, but should pocket in a tie-up with Fiat, which would provide the Auburn Hills-based automaker with ready made small cars to sell. Selling Chrysler-ba

GM's Wagoner heading to Congress in Malibu Hybrid

Click above for a high-res gallery of the 2008 Malibu Hybrid

Damage Control: Nardelli clarifies "operational bankruptcy" quote

Chrysler LLC CEO Bob Nardelli learned the hard way recently that you never, ever use the term "bankruptcy" in any context whatsoever when in polite company. In a meeting with employees earlier this month, Nardelli was asked if the automaker was bankrupt, to which he replied, "Technically, no. Operationally, yes. The only thing that keeps us from going into bankruptcy is the $10 billion

Nardelli says Chrysler in a financial jam

Chrysler Chief Executive Robert Nardelli tells a grim tale for the automaker's 2007 financial report. He has informed employees that the company is barreling towards a substantial loss this year. Bankruptcy would be imminent without $10 billion recently received from investors during the Cerberus acquisition. The company is in dire need of increased cash holdings. Nardelli hopes to sell off $1 billon in assets,

BREAKING: Former Home Depot chief Bob Nardelli to be Chrysler's new Chairman and CEO

That Wolfgang rumor? It appears that we can file it under "not accurate." The new chief executive of Chrysler LLC will not be the former wunderkind. Instead, former Home Depot CEO Robert Nardelli will assume the top spot in Auburn Hills, according to reports in both the New York Times and Wall Street Journal. Chosen by Cerberus because of his turnaround expertise, Nardelli will repo