Archive for August, 2007
Friday, August 31st, 2007
DaimlerChrysler AG transferred an 80.1 percent stake in Chrysler to New York-based Cerberus, one of the world's largest private equity firms, in a $7.4 billion deal. The German automaker retained a 19.9 percent interest in the new company, Chrysler LLC.
"After months of uncertainty, then ...
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Friday, August 31st, 2007
Chrysler Group signed a deal Wednesday with China's biggest automaker, Chery, to launch a low-cost production venture that could export the first Chinese-made cars to the United States.
The first cars will reach Latin America or Eastern Europe within a year and models should ...
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Friday, August 31st, 2007
Chrysler loses money for DaimlerMercury News: AUBURN HILLS, Mich. - Chrysler lost money in the second quarter, its last under the wing of German automaker DaimlerChrysler, its former parent said Wednesday.
Muscle Car Wars: Dutch Auto Site Reports Cerberus To Deny Dodge Challenger To Europe, Limit Supply In US We didn?t ...
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Friday, August 31st, 2007
The eight banks underwriting the [pound]11bn takeover of Alliance Boots by KKR and the retailer's deputy chairman Stefano Pessina failed to syndicate [pound]5.1bn of senior debt, with sources close to the deal citing market conditions.
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Friday, August 31st, 2007
Peter Duda, a Cerberus spokesman, said Tuesday that the Federal Trade Commission made its decision before the end of a standard 30- day review.
Early termination of an FTC review typically signifies there will be no conditions placed on the deal. The FTC declined to ...
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Friday, August 31st, 2007
Charger burnout
A Charger does a burnout leaving the Chrysler car show.
Author: BURNSURVIVOR725
Keywords: dodge charger burnout
Added: August 30, 2007
Thu, 30 Aug 2007 01:50:17 -0700Man charged with killing momA Brunswick man was arrested Thursday and later charged with murder in the slaying of his mother.
Fri, 31 Aug 2007 05:00:01 GMTGate to ...
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Thursday, August 30th, 2007
The board of the reorganized Chrysler LLC elected Nardelli as chairman and chief executive, according to a person familiar with the decision. The person spoke on condition of anonymity because the appointment was to be officially announced today.
Nardelli, who became chief executive of The ...
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Thursday, August 30th, 2007
Ford's sales were down 12 percent for the year. The company said one bright spot was sales of crossover vehicles, which were up 40 percent for the month thanks to new entries like the Ford Edge and Lincoln MKX.
DaimlerChrysler AG said its U.S. sales ...
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Thursday, August 30th, 2007
2007 Labor Day Festival calendarGrand opening of Design 99, 10022 Joseph Campau 2 p.m. - Greg Kowalski will do a slide presentation and signing of his new book, "Hamtramck: The World War II Years" at the library.
Thu, 30 Aug 2007 17:40:24 GMTOpen Question: Engine Building 1967 383 Mopar/Dodge/Plymouth/Chrysler ???
Putting together ...
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Thursday, August 30th, 2007
Former Treasury Secretary John Snow, who is chairman of Cerberus Capital Management LP, said the U.S. auto industry is poised for a turnaround.
"We want to be there to help the turn and benefit our investors from the turn," he told the Detroit Economic Club.
...
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