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Toledo Blade
Toledo Blade (toledoblade.com) has great Chrysler news, photos, videos and more
Wednesday, Jan 7
Chrysler to remain mum on financial info
The U.S. Treasury, trying to stave a collapse of the companies, pledged as much as $17.4 billion to Chrysler and Detroit-based General Motors Corp. on Dec. 19. Chrysler got $4 billion on Jan. 2 and must show by Feb. 17 how it will return to viability. Cerberus spokesman Peter Duda declined to comment.
Friday, Jan 2
GM gets $4B loan; U.S. to give more soon
A $4 billion loan for Chrysler LLC may not be finalized until early next week. In exchange for the aid, GM and Chrysler must carry out drastic restructuring plans or face bankruptcy. Chrysler had warned that it could have collapsed early this year.
Sunday, Dec 28
Amid clouds, some brightness: Jeep suffers slowdown as solar firms grow
After tumultuous congressional hearings, General Motors Corp. and Chrysler LLC got a lifeline of $13.4 billion from President Bush, and Ford Motor Co. is a candidate for standby financing if needed. Jeep stands to lose about 850 workers because of the elimination of a second shift at one of i...
Friday, Dec 26
Next year critical for Michigan's chances of survival
Will there even be a domestic auto industry a year from now? The government has supplied General Motors and Chrysler with bridge loans that should enable them to survive through March 31. Like everyone, he breathed a sigh of relief when President Bush agreed to give Chrysler and General Mo...
Monday, Dec 22
Weekend in review: Best stories, multimedia
Thousands of workers like Richard Nearhood and Nancy Malosh left their jobs Friday at Chrysler LLC's Toledo Jeep Assembly complex - some for a month, others for what will be far longer. For even on the day that President Bush threw a lifeline to struggling domestic automakers - $17.4 billio...
Friday, Dec 19
Relief bittersweet for Jeep workers leaving their jobs
I think it will be just enough to help us hold on," said Clayton Akers, who works at the Toledo Jeep factory, which makes Jeep Liberty and Dodge Nitros. Right now, thousands of workers from Chrysler, Ford Motor Co., and General Motors Corp. are laid off, either temporarily or permanently, as t...
Friday, Dec 12
Chrysler says cash nearing minimum level for operation
Chrysler is privately held, with 80.1 percent owned by New York private equity firm Cerberus Capital Management LP. It is seeking $7 billion in government loans as it tries to survive the recession and the worst U.S. auto sales slump in 26 years.
Wednesday, May 16
Eye on the Jeep prize
WHATEVER becomes of the Chrysler automotive group after its just-announced divorce from Daimler AG, Toledo and its workers should come out ahead for a fundamental reason: The Jeep brand is Chrysler's most valuable asset.
