Chrysler

Sort by

    • The Cerberus-Chrysler deal: The case for public ownership of the auto industry

      Posted by Sandyenglish

      With the sale of Chrysler Corporation to the private equity firm Cerberus Capital Management, the most powerful Wall Street financial interests are in position to press ahead with their plans for a radical restructuring and downsizing of the North American auto industry. The buyout—the first by a private equity firm of a major auto producer—threatens the jobs and livelihoods of Chrysler’s 80,000 workers in the US and Canada and sets a precedent for an intensified attack on all autoworkers.

      Post a comment

    • Detroit Says Gas Likely To Remain at $3-$4/Gallon

      Posted by Jon from New York Times

      "The Chrysler Group, which depends more heavily on sales of pickup trucks and sport utility vehicles than any other Detroit automaker, said Monday that it expected gasoline prices to remain at $3 to $4 a gallon for the rest of this decade." In other news, Detroit admits sun likely to rise again tomorrow.

      Post a comment

« Previous1Next »


What is

NewsCloud?

» The most important stories from around the Web all in one place

» Gathered and ranked by a community of passionate readers surfing the Web 24 hours a day

» Ready to share: email stories, post news to your blog and keep up with your friends

Learn more



  • Just Said
  • Top Posters
  •  

  1. There are no comments at this time.

  • Just Said
  • Top Posters
  •  

    There are no top posters for this section at this time.

  • Popular Topics