Cars
As soon as it became known that General Motors suspended its acquisition efforts of its equally financially troubled cross-town rival (click here for details), Reuters broke a news story saying that the Chrysler LLC owner Ceberus Capital Management has had talks with Hyundai about a potential buyout of the U.S. automaker's Jeep brand. However, Cerberus wants to sell the Chrysler Group as a whole (Dodge, Chrysler and Jeep), but if worse comes to worst, then everything is possible. The report also said that Cerberus plans to restart talks with other interested parties including the Renault-Nissan Group.
- Change Of Plans For Chrysler Group, Will Eliminate Duplicate Models, Hints At U.s. Market Delta
The product plan brewing continues over at the Fiat Group – Chrysler LLC alliance. Following the recent news on the Jeep and Alfa Romeo brands, the group's CEO Sergio Marchionne offered new details on Chrysler LLC's strategy. In an interview...
- Daimler Agrees To Give Up Its 19.9% Stake In Chrysler
Mercedes-Benz's parent company Daimler has reached an agreement with Cerberus to let go of its remaining 19.9% stake in Chrysler LLC and write off a $1.5 billion loan that went to the American automaker in 2007. The new agreement will help Chrysler...
- Gm Terminates Merger Talks With Chrysler Llc
As well as reporting its gloomy financial results for the third quarter of 2008, General Motors today also announced that its ending at talks with Cerberus Capital Management LP for the possible acquisition of the Chrysler Group. While the American automaker...
- Rumorville: Renault-nissan Seeking To Buy 20% Of Chrysler Llc
Another day, another Chrysler LLC rumor. This time the Detroit News is reporting that the Renault-Nissan alliance has made a proposal to obtain a 20 percent stake in Chrysler LLC from Cerberus. Citing sources familiar with the matter, the newspaper said...
- Chrysler In Preliminary Merger Talks With Gm
According to separate reports in The New York Times and The Wall Street Journal, two of the most iconic and troubled.... names in the American industry, General Motors and Chrysler LLC, have been in preliminary talks the past month or so concerning a...
Cars
Report: Chrysler in Talks with Hyundai and Renault-Nissan
As soon as it became known that General Motors suspended its acquisition efforts of its equally financially troubled cross-town rival (click here for details), Reuters broke a news story saying that the Chrysler LLC owner Ceberus Capital Management has had talks with Hyundai about a potential buyout of the U.S. automaker's Jeep brand. However, Cerberus wants to sell the Chrysler Group as a whole (Dodge, Chrysler and Jeep), but if worse comes to worst, then everything is possible. The report also said that Cerberus plans to restart talks with other interested parties including the Renault-Nissan Group.- Change Of Plans For Chrysler Group, Will Eliminate Duplicate Models, Hints At U.s. Market Delta
The product plan brewing continues over at the Fiat Group – Chrysler LLC alliance. Following the recent news on the Jeep and Alfa Romeo brands, the group's CEO Sergio Marchionne offered new details on Chrysler LLC's strategy. In an interview...
- Daimler Agrees To Give Up Its 19.9% Stake In Chrysler
Mercedes-Benz's parent company Daimler has reached an agreement with Cerberus to let go of its remaining 19.9% stake in Chrysler LLC and write off a $1.5 billion loan that went to the American automaker in 2007. The new agreement will help Chrysler...
- Gm Terminates Merger Talks With Chrysler Llc
As well as reporting its gloomy financial results for the third quarter of 2008, General Motors today also announced that its ending at talks with Cerberus Capital Management LP for the possible acquisition of the Chrysler Group. While the American automaker...
- Rumorville: Renault-nissan Seeking To Buy 20% Of Chrysler Llc
Another day, another Chrysler LLC rumor. This time the Detroit News is reporting that the Renault-Nissan alliance has made a proposal to obtain a 20 percent stake in Chrysler LLC from Cerberus. Citing sources familiar with the matter, the newspaper said...
- Chrysler In Preliminary Merger Talks With Gm
According to separate reports in The New York Times and The Wall Street Journal, two of the most iconic and troubled.... names in the American industry, General Motors and Chrysler LLC, have been in preliminary talks the past month or so concerning a...