Being Bob Nardelli: One Year At The Top Of Chrysler

The Detroit News reports today on the marriage of Chrysler and Cerberus Capital Management, which took place one year ago this week. Robert Nardelli, former head of Home Depot, beat out Tom LaSorda and Wolfgang Bernhard for the top job at the new Chrysler, joining an already troubled automaker just at the edge of what… » 8/05/08 2:00pm 8/05/08 2:00pm

Merrill Lynch "Car Wars" Report Claims Cerberus Readying Chrysler For…

The new Dodge Challenger is hitting showrooms. The 2009 Dodge Ram launch is scheduled for fall. But it's the sounds of silence after that when it comes to product. What's going on? One influential industry study, the Merrill Lynch "Car Wars" report (yes, that's it's real name), states Chrysler's lack of new product… » 6/30/08 10:00am 6/30/08 10:00am

Iacocca Arrives At Chrysler As Bankruptcy Rumors Swirl; Time Travel…

Former chairman Lee Iacocca gave a closed pep rally to Chrysler employees yesterday in Auburn Hills, once again sharing the stage with a K-car, a minivan...and rumors of Chrysler's imminent bankruptcy. While current CEO Bob Nardelli was praising Iacocca as "Chrysler's most dynamic leader" and "a great American,"… » 6/27/08 10:30am 6/27/08 10:30am

Careful With That Axe, Nardelli: Chrysler June Sales Plummet

As further evidence that Cerberus bit off far more than it expected with its purchase of Chrysler last fall, an internal memo revealed to the Free Press shows that the last few months have been even worse than Chrysler expected. In fact, June numbers are showing an industry-wide disaster looming, with total U.S.… » 6/18/08 1:20pm 6/18/08 1:20pm