The carmaker, which filed for bankruptcy protection two weeks ago, sent letters to 789 of its 3,200 American dealers revoking their franchises.
Chrysler Plans To Shut One Quarter Of Its U.s. Dealers
By NICK BUNKLEY, New York Times
Thu, 05/14/2009 - 8:18am
RELATED ARTICLES
- Ford shareholders reject stock proposal
Ford Motor Co. shareholders are again rejecting a proposal to dilute the Ford family's control over the company. At its annual meeting in Wilmington, Del., Thursday, Ford said 67 percent of shareholders voted against the proposal to make each Ford share worth one vote. More - AP Source: Fiat mulls IPO after buying Chrysler
The head of Italian automaker Fiat is considering a plan to hold a public stock offering after the company buys 100 percent of Chrysler, according to a person briefed on the matter. More - Ford Profit Rises on Strong North American Sales
The automaker, which continues to struggle overseas, posted first-quarter net income of $1.6 billion, beating Wall Street expectations. More - Chinese Auto Market Shifts Toward Larger Cars
Auto buyers in what is the world’s largest car market are shifting away from compacts and subcompacts and buying more midsize cars and sport utility vehicles. More - Judge denies $20M severance deal for AMR CEO
A federal bankruptcy judge has at least temporarily blocked a proposed $20 million severance payment for the CEO of American Airlines as part of the company's merger with US Airways. The judge ruled Thursday that the proposed payment to CEO Tom Horton exceeded limits that Congress set for bankruptcy cases in 2005. More
BING NEWS:
- A Beleaguered Gentleman: Speaker Mike Johnson
The sky is cloudless and blue on a warm April afternoon as a cheerful Mike Johnson, seated on a beige couch next to an unlit fireplace in an office still new to him, contemplates his demise, ...
04/20/2024 - 7:57 pm | View Link - IMF chief quotes Churchill as she warns of global chaos
The head of the International Monetary Fund has urged countries to cut debt and slash red tape to revive growth as she warned the world was becoming more vulnerable to economic shocks.
04/18/2024 - 6:19 am | View Link - Nifty on path to retracting the rise it has witnessed from 22,710 to 22,776. How to trade next week
The domestic benchmark indices traded on a weak note on Friday, tracking subdued global market cues and ahead of the beginning of the Q4 earnings season with TCS slated to post March quarter earnings ...
04/12/2024 - 3:40 am | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more