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Chrysler's CEO sees sale to Fiat closing Friday

Chrysler's CEO sees sale to Fiat closing Friday

Robert Nardelli, Chrysler's departing chairman and chief executive, said he expects the sale of the bulk of Chrysler's assets to a group headed by Italy's Fiat Group SpA to close Friday, assuming the judge overseeing the automaker's bankruptcy protection case approves the deal.

 

Hungry Fiat Now Wants Opel

Hungry Fiat Now  Wants Opel

The Italian carmaker that just took over Chrysler is in talks to buy GM's European operations.

 

Chrysler, Fiat Make Progress

Union concessions moves the deal between the U.S. and Italian automakers closer to reality.

 

Obama admin says still seeks Chrysler-Fiat deal

The Obama administration remains focused on bringing Chrysler and Fiat into a working partnership, a U.S. official said on Thursday, dismissing a news report that the U.S. car-maker faced imminent bankruptcy.

 

Chrysler says it has framework for Fiat alliance; GM's new leaders take charge

The moves come less than an hour after Obama tells the two carmakers to take another stab at redesigning their companies, a requisite for receiving more federal funds.

Less than an hour after President Obama said a major overhaul was needed to save the auto industry, Chrysler announced that it had formed the framework of an alliance with Fiat, while at General Motors Corp., new leaders took charge after the chairman was forced to step down

 

Chrysler, Fiat Hook Up

Chrysler, Fiat Hook Up

The struggling American auto maker Chrysler, owned by the private equity firm Cerberus Capital Management, signed an agreement with Fiat on Tuesday that would give the Italian car maker a 35% stake in the company.

 

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