Tag Archive for 'bankruptcy'Chrysler to buy Sterling Heights plant February 19th, 2010 by DaveAdmin
The current Chrysler Group LLC has reached an agreement with the “Old Carco” to buy the Sterling Heights assembly plant, where the Dodge Avenger and Chrysler Sebring are made. The selling price is $20 million, at the high end of estimates of the plant’s worth, with the sellers likely taking advantage of Chrysler’s need for [...] Share
Visteon asks court for $34.5 million for executive bonuses February 19th, 2010 by Bill Cawthon
Bob Lutz is complaining about the underpaid executives at GM and now, even as it slashes its retirees’ benefits, bankrupt Visteon wants to hand out millions of dollars in bonuses. Former Chrysler bankruptcy moves forward January 21st, 2010 by DaveAdmin
The old Chrysler, Old Carco or Chrysler LLC (as opposed to Chrysler Group LLC), has had its bankruptcy process moved forward as Judge Arthur Gonzalez approved the company’s disclosure statement and voting process for liquidation. Chrysler sues over revised state dealer laws January 1st, 2010 by Bill Cawthon
Chrysler Group is suing the states of Illinois, Maine and North Carolina, along with John Kroger, the Attorney General of Oregon. The suits allege that those states have revised their dealer laws in a manner that violates the U.S. Constitution and U.S. bankruptcy law. Supreme Court dismisses Indiana challenge December 14th, 2009 by DaveAdmin
Indiana’s treasurer was dealt a final defeat by the United States Supreme Court, which dismissed three state pension funds’ challenge to the sale of 20% of Chrysler (escalating to 35% of Chrysler) to Fiat. Former Chrysler loses $344 million in July September 22nd, 2009 by Bill Cawthon
Old Carco, LLC, the company formed to manage and liquidate the assets abandoned after the formation of Chrysler Group LLC, lost $344 million in July, according to a filing in New York bankruptcy court. It reported about $2 million in revenue, mostly from charges to the new Chrysler Group for operating facilities licensed to the [...] Share |
You are currently browsing the Allpar Chrysler, Dodge, and Jeep News news archives for 'bankruptcy' tag. Longer entries are truncated. Click the headline of an entry to read it in its entirety. |
Allpar covers all Chrysler and related vehicles* with news, performance tips, forums, histories, repairs, racing, and more. Use the menus on top of the pages!
Cars - Engines - History - Forums - Repairs - Reviews - Other car reviews - Us - Terms of Service - News - Random link -
Corrections/Additions
Please read the terms of use! * Mopar, Dodge, Jeep, Chrysler, HEMI, and certain other names are trademarks of Chrysler, LLC. We are not Chrysler. We are not responsible for the consequences of actions taken based on this site and make no guarantees regarding validity or applicability of information or advice. The Webmaster is not an expert. Copyright © 1998-2000, David Zatz; copyright © 2001-2010, Allpar LLC. All rights reserved.
Allpar's Chrysler, Dodge, and Jeep news is powered by WordPress . Subscribe to our RSS feed
This blog uses the cross-linker plugin developed by Web-Developers.Net
SEO Powered by Platinum SEO from Techblissonline