Chrysler, Cerberus deal could very well be closed today. And with it, the DaimlerChrysler chapter. Next chapter, the Chryslerberus chapter, may start tomorrow. [Freep]
According to the Detroit News Wolfgang Bernhard's about to become the Chrysler chairman. People "familiar with…
Sub-prime loan meltdown causing Cerberus buy-out debt financing of Chrysler to "hit the skids." Still, they're not expecting an impact on the sale closing date. [Times Online]
According to James Suroweiki, writing in The New Yorker, Chrysler's woes lie not in oft credited health care…
Tom LaSorda says the Cerberus deal is close to done. Well, one would think it would be, right? [Reuters.ca]
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Cerberus hates the Senate fuel economy proposal, just like a real automaker. [Detroit News]
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In addition to the CAFE-talk yesterday, John Snow of Cerberus claims he is totally "committed to Chrysler." But umm, didn't both Schrempp and Zetsche say the same thing? [NYT] Read more
Tower Automotive just got the $1 Billion OK for sale to Cerberus. [Detroit News]
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If you didn't make it to the Detroit Economic Club for the luncheon, John Snow of Cerberus supports CAFE standards. Also, they had chicken. [Detroit News] Read more
I know DaimlerChrysler's claimed they sold the 'merican half of the business for $7.4 billion, but according to…
New Jerseyite Pal-o'-tha-Jalop Jeff Musical likes to go out tooling around in his Audi A4. In fact, we're pretty…
The chieftain of the UAW was asked this morning by a local Detroit radio station whether the UAW was prepared to…
The most recent AT&T-Apple ad for the iPhone shows just how much iPhone users are ready and waiting to care about…
We've just heard the Chinese automaker Chery's halting the deal with DaimlerChrysler to build Chrysler-brand…
So far, the best news of the day comes to us from the pages of the Freep who report that the iconic Pentastar logo…
ABC's Good Morning America knows that Cerberus isn't a car company, so they're quick to point the obvious fact out…
More news from the top on the de-Americanization of the German-American hybrid. Chrysler CEO, Tom Lasorda has…
Hot on the heels of the announcement that the merger of equals will become a…