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Chrysler To Be Handed To Cerberus DaimlerChrysler, the world's second largest producer of luxury cars and manufacturer of high quality Mercedes window motors has announced recently that the first quarter profit that they obtain is more t... Similar Editorial : by Martin Haworth. | Source : BMW 3 Series
Labor Leaders Argue Over Chrysler Sale To Cerberus Labor leaders in the United States and Canada have opposing views whether DaimlerChrysler AG's sale of a majority stake of its American division Chrysler Group to the Cerberus Capital Management LP, a private equity firm, will protect the jobs of auto workers and their retirement benefits.... Similar Editorial : by Joe Thompson. | Source : BMW 3 Series
Cerberus Offered Best Terms - Zetsche In the bidding contest against the Blackstone Group and Canada's Magna International Inc., Cerberus offered the best terms, DaimlerChrysler AG CEO Dieter Zetsche divulged. The proposal private-equity firm Cerberus Capital Management is offering covers a swift deal and the least risks to the Ger... Similar Editorial : by Lauren Woods. | Source : Best Car Wax
Dcx To Sell Chrysler For $7.4b The DaimlerChrysler AG said Monday that it will sell 80.1 percent of its American luxury arm Chrysler Group to private equity firm Cerberus Capital Management LP for $7.4 billion. The deal is aimed at unwinding a troubled 1998 merger that was primarily intended to create a global auto leader.... Similar Editorial : by dennis james. | Source : BMW 3 Series
Magnas Deal With Russian Firm Wont Affect Chrysler Bid Magna Chairman Frank Stronach earlier announced a billion-dollar-plus partnership with a Russian auto magnate but said the deal would have no bearing on his bid for DaimlerChrysler AG's Chrysler Group.Stronach said he expects Daimlerto choose a prospective buyer for Chrysler before ... Similar Editorial : by Mike. | Source : BMW SUVs
The Audi Quattro Golf Cup The Audi the luxury unit of Volkswagen, maker of top-of-the-line VW Golf parts will hold the Audi Quattro Cup at the Millenium Lakes Golf and Country Club in Trincity on June 2. As a price the winner will get the $... Similar Editorial : by Matthew C. Keegan. | Source : Mazda Sports Cars
Guaranteed Fuel Saving Tips To Save Money If you have filled up your vehicle lately, you have noticed how exorbitant the fuel prices are these days. In fact, as the price continues to creep toward $3.00 a gallon and even more, many people are unable to actually fill their tank. Instead, they put in $20 here or $40 there in an effort to... Similar Editorial : by teahupoo. | Source : Better Fuel Efficiency
Chrysler Bidding Heats Up The Chrysler Group bidding continues to elicit an overwhelming hype and scorching heat in the automotive industry. Lately, suitors of the ailing American division of DaimlerChrysler AG have given their bids. And the second round of 'refined' bids is expected to be offered this week at the hi... Similar Editorial : by Glady Reign. | Source : Jaguar XK
Uaw Weighs Bid For Chrysler The United Auto Workers (UAW) is reviewing a long shot proposal from a group of Chrysler Group workers in Toledo who are thriving employee ownership of the ailing American division of DaimlerChrysler AG.The "Employee Buyout Committee," a group composed of about 25 hourly workers, i... Similar Editorial : by dennis james. | Source : Jaguar XK
Uaw Working To Take 70 Percent Stake In Chrysler The United Auto Workers is studying a long list of proposals from a group of Chrysler workers in Toledo who are pushing for employee ownership of the "for sale" automaker. 25 hourly workers who call themselves the "Employee Buyout Committee" is proposing for workers to take 70 percent st... Similar Editorial : by Greg Reid. | Source : Volvo Cars
Chrysler To Build New Engine Plant In Trenton DaimlerChrysler AG's Chrysler Group is pretty serious with its turnaround plan. According to sources familiar with the plan, Chrysler is expected to announce its plan and strategy to build a new plant in Trenton this Wednesday. The plant will manufacture the next generation of V6 engines codena... Similar Editorial : by Kraig Johanssen. | Source : Volvo Cars
Chrysler To Build New Plants And Upgrade Three Others Amidst the controversies not to mention the billion dollar losses that DaimlerChrysler AG’s Chrysler Group is facing it still plans to build two new plants in Michigan and upgrade three others. The said plan is to be formally announced late Wednesday morning includes a new $700 mil... Similar Editorial : by Valerie Garner. | Source : Volvo Cars
Kirk Kerkorian Bidding For Chrysler Ag Kirk Kerkorian an American billionaire and president/CEO of Tracinda Corporation, a private holding company based in Beverly Hills, California---has already filed his bid for Chrysler amounting to $4.5 billion. Mr. Kerkorian vision is to create a partnership with both labor and management sharin... Similar Editorial : by Glady Reign. | Source : Volvo Sales
Kerkorian Envisions True Partnership With Uaw Kirk Kerkorian, the American billionaire and CEO of Tracinda Corporation, envisions a "true partnership" with the United Auto Workers (UAW). The aim of the billionaire is to foster equal sharing in the "risks and rewards" of his $4.5 billion bid to buy the Chrysler Group. In a statement made... Similar Editorial : by Thomas Cutler. | Source : Volvo Sales
Bids For Chrysler Group On Table Two of the nation’s biggest private equity firms have finally tendered their formal bids to acquire the ailing Chrysler Group from German automaker DaimlerChrysler AG. The Blackstone Group and the Cerberus Capital Management are just two of the companies that have expressed their desire to pur... Similar Editorial : by Zeke Gervis. | Source : Nissan Murano