Cars
It's been two years since Bob Nardelli stepped down as Chrysler CEO while the company was still owned by private equity firm Cerberus Capital Management LP, for which he still works, but the 63-year-old exec still has the hots for the Detroit carmaker.
- Spied: The Truly All-new 2015 Chrysler 200 Filmed On The Road
When Fiat grabbed the helms of Chrysler in 2009, the Detroit automaker was still trying to recover from its divorce with Daimler and a short fling with American private equity firm Cerberus Capital Management, L.P. which lead to bankruptcy, so immediately...
- Daimler Stops Talks With Cerberus On 19.9% Chrysler Stake
*Update: Cerberus Statement Added After the Jump Divorces always seem to end in the most bitter ways. Mercedes-Benz's parent company Daimler issued an edgy statement today in concern of the negotiations with private equity firm Cerberus for the sale...
- 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...
- Chrysler Llc To Completely Shut Down For Two Weeks In July!
We can’t say that we weren’t expecting surprise moves from Chrysler LLC’s new owner Cerberus Capital Management LP, but to shut down the entire company for two weeks in July during the period when it usually closes only its assembly...
- Chrysler Appoints Former “home Depot†Chief, Bob Nardelli As New Ceo, Lasorda Remains As Vp
Following Friday’s announcement on the completion of Chrysler Group’s sale to Cerberus Capital Management, the newly formed car group dubbed “Chrysler LLC†announced today that it appointed the controversial former Home Depot...
Cars
Former Chrysler CEO Nardelli Says Cerberus Could Have Saved the Automaker
It's been two years since Bob Nardelli stepped down as Chrysler CEO while the company was still owned by private equity firm Cerberus Capital Management LP, for which he still works, but the 63-year-old exec still has the hots for the Detroit carmaker.
During an interview with The Detroit News on the sidelines of a recent Dow Jones conference in New York, Nardelli said that the Obama administration didn’t have to give Chrysler away to Fiat as he believes Cerberus could have done a better job of saving the automaker.
Read more »- Spied: The Truly All-new 2015 Chrysler 200 Filmed On The Road
When Fiat grabbed the helms of Chrysler in 2009, the Detroit automaker was still trying to recover from its divorce with Daimler and a short fling with American private equity firm Cerberus Capital Management, L.P. which lead to bankruptcy, so immediately...
- Daimler Stops Talks With Cerberus On 19.9% Chrysler Stake
*Update: Cerberus Statement Added After the Jump Divorces always seem to end in the most bitter ways. Mercedes-Benz's parent company Daimler issued an edgy statement today in concern of the negotiations with private equity firm Cerberus for the sale...
- 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...
- Chrysler Llc To Completely Shut Down For Two Weeks In July!
We can’t say that we weren’t expecting surprise moves from Chrysler LLC’s new owner Cerberus Capital Management LP, but to shut down the entire company for two weeks in July during the period when it usually closes only its assembly...
- Chrysler Appoints Former “home Depot†Chief, Bob Nardelli As New Ceo, Lasorda Remains As Vp
Following Friday’s announcement on the completion of Chrysler Group’s sale to Cerberus Capital Management, the newly formed car group dubbed “Chrysler LLC†announced today that it appointed the controversial former Home Depot...