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News Source
The Guardian (UK)
The Guardian (UK) (00.html) has great Chrysler news, photos, videos and more
Monday, Nov 16
GM upbeat in spite of $1.2bn loss
Over the last 12 months, GM and its smaller rival, Chrysler, have been devastated by the sharpest slump in US car sales since the second world war. Detroit's manufacturers have struggled to compete with nimble Asian competitors and with a shift in motorists' preferences towards smaller...
Tuesday, Dec 30
US expands auto industry bail-out with $6bn for GM's finance arm
The new measures come on top of a $17.4bn lifeline handed to GM and Chrysler earlier this month. The former industrial giants were on the brink of collapse that would have caused hundreds of thousands of job losses. Of the total, $13.4bn in short-term loans was earmarked for GM.
