Tag Archive for 'nardelli'

Auto execs shoot their companies in the foot

November 19th, 2008 • by David Zatz

The Detroit Three CEOs stood before Congress today to plead their case. They insisted that their companies could not declare bankruptcy and survive, as posturing small-town-values hypocrite Senator Shelby insisted they should go bankrupt so they could put their retirees into poverty, break their promises to vendors and banks (putting many of them into bankruptcy), [...]

Tags: automakers, banks, cars, chrysler, economy, loans, nardelli, toyota.
Cars and stuff,Chrysler Corp,GM

8 Comments

Fallout for Chrysler from Cerberus and GM

October 21st, 2008 • by David Zatz

General Motors and Chrysler may or may not merge. At this point, though, both will be weaker from the rumors that have been flying. Analysts and journalists have been fairly unanimous in their belief that neither company deserves to live. The jobs of tens of thousands of people – hundreds of thousands when suppliers are [...]

Tags: Bailout, Cerberus, chrysler, daimlerchrysler, GM, GMAC, merger, nardelli, press, takeover.
Chrysler Corp,Post-DCX

16 Comments

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