Detroit’s orphan cars
CNN Money - But cooler heads with longer memories may recall that earlier efforts by Ford, as well as General Motors and Chrysler, to import cars made elsewhere have ended badly for the companies, their dealers and especially the customers. Want some examples
An Independent Chrysler? No, But A Smaller One
Forbes - Despite denials from headquarters in Germany, rumors keep popping up in Europe that DaimlerChrysler is about to sell or spin off its American Chrysler operations. This talk helped move its DCX stock past $63 recently. What is going on? Well, American
Report: Chrysler May Cut 10,000 Jobs
Smart Money - NEW YORK -(Dow Jones)- As many as 10,000 Chrysler Group employees could lose their jobs and at least three plants may face closure under the company’s cost-savings plan that is to be made public next week, the Detroit Free Press reports on its Web
Chrysler To Detroit: We ve Got Good News And Bad News (UPDATE)
Industrial Distribution - Chrysler Group will announce a restructuring plan on February 14 that is likely to include the closure of one of the two Mack Engine manufacturing plants on Detroit s east side. An assembly plant is also expected to close in Newark, Del., resulting
German shares AFX at a glance outlook
Forbes - DaimlerChrysler AG might also move after reports that the the company’s Chrysler arm plans to slash at least 10,000 hourly jobs and close plants in Newark, Del., and Detroit. On the TecDAX, Pfeiffer Vacuum is expected to open higher after the company
Chrysler plans to cut 10,000 jobs: report
Reuters - DETROIT (Reuters) - DaimlerChrysler AG’s Chrysler Group plans to cut more than 10,000 factory jobs and close at least two plants to return the U.S-based unit to profitability, the Detroit News said on Monday. A secret restructuring plan dubbed