Chrysler May Sell Viper — The Brand

Bob Nardelli, Chrysler’s Chairman and CEO, stated this morning that the company has "been approached by third parties who are interested in exploring future possibilities for Viper," according to Automotive News. Apparently, rather than just dropping Viper, Chrysler is now “exploring strategic options” for the Viper… » 8/27/08 11:20am 8/27/08 11:20am

Out With The Old, In With The Cheap: 18,657 GM Employees Take Buyouts

General Motors reported Thursday that 18,657 U.S. hourly workers — almost a quarter of its blue-collar employees — have taken buyout offers originally offered in February. By clearing out more expensive experienced workers, GM can fill the vacancies with less-expensive, lower-paid employees thanks to a deal negotiated… » 6/20/08 11:20am 6/20/08 11:20am