The U.S. government expects Chrysler to spend one to two months in bankruptcy under a plan announced on Thursday. But how is that possible? View original post here: How Chrysler bankruptcy is different Read More →
Union workers at Chrysler and General Motors have long lamented that they could run the automakers better than management. Now they’ll get their chance. Here is the original post: Autoworkers as managers recalls airlines’ plight Read More →
Marchionne revived a sickly Fiat, but can he do the same for Chrysler, the smallest of Detroit’s “Big Three” and North America’s most sickly automaker? Original post: Can Marchionne’s magic work at Chrysler? Read More →
Filed under: Government/Legal , Chrysler, LLC. , Earnings/Financials President Obama has just concluded a televised press conference where he announced that Chrysler will indeed head into Chapter 11 bankruptcy proceedings almost immediately. As part...
The results of the American Le Mans Series race at Long Beach on April 18 will stand after ALMS sanctioning body IMSA upheld the decision of the race director. Original post: ALMS: Long Beach results stand after IMSA upholds Highcroft penalty: Read More →
Filed under: Government/Legal , Chrysler, LLC. , Earnings/Financials , FIAT Building on speculation that first leaked yesterday is word this morning that a pair of Obama administration officials have told The Associated Press that Chrysler will indeed...
The FIA announced Thursday its plans for a Formula One budget cap in 2010. Originally posted here: Formula One: FIA sets budget cap for 2010: Read More →
Talks between Chrysler LLC’s lenders and the Treasury Department to cut the automaker’s $6.9 billion in secured debt and keep it out of bankruptcy protection have disintegrated, a source says. More: Chrysler edges toward bankruptcy Read More →
If the government takes a majority stake in General Motors, will it end up taking the wheel, too? Here is the original: Will GM soon stand for ‘Government Motors?’ Read More →
Chrysler battled on several fronts to meet a midnight deadline Thursday for the struggling automaker to produce a satisfactory restructuring plan or be forced to file for bankruptcy. See more here: Time short for Chrysler to avoid bankruptcy Read More →
How ironic that General Motors is launching the excellent Chevrolet Cruze compact sedan just as the parent company faces the question of its very survival. Here is the original: Cruze in control: Chevy’s next compact is a huge step in the right...
The city of Seattle and Nissan North America said Tuesday they will work together to promote the development of an electric car charging network in Seattle. Original post: Seattle, Nissan in electric vehicles pact Read More →
A1 GP has canceled the eighth round of its 2008-09 season, scheduled to take place in Mexico City on May 22-24, as a consequence of the swine flu outbreak in the country. Read the original here: Swine Flu causes cancellation of A1 GP race in Mexico: Read More →
Along with the USGPE project and those under consideration by Lola Cars International and Prodrive, the iSport International GP2 Series team is evaluating a Formula One entry next season. Go here to read the rest: Formula One: iSport GP2 team eyes 2010...
The Brawn GP Formula One team, which has won three of the year’s first four races, is evaluating an offer of full title sponsorship from Richard Branson, the owner of the Virgin Group. See original here: Brawn GP on the verge of title-sponsorship...
It doesn’t get pushed out of shape and it’s pretty easy to steer, but you can still get rubber in the first three or four gears. Read the rest here: Hurst your Hemi: Muscle-car icon makes a modern muscle car: Read More →
The McLaren-Mercedes Formula One team received a suspended three-race ban–essentially probation–when the FIA World Motor Sport Council convened Wednesday in Paris to decide on the team’s punishment for lying to the Australian Grand Prix...
With one day left to go before its deadline, Chrysler LLC’s chief executive said Wednesday that the automaker is making progress toward meeting the U.S. restructuring plan. Excerpt from: Nardelli says Chrysler is making progress Read More →
Tunerzine.com’s Jonathan Rosenberger captured some awesome footage of continuous drifts at the Formula D Long Beach Qualifying event. Vehicles included in the video: RX-7, RX-8, Nissan 240, AE86 Corolla, Scion tC, Chevy Corvette, Subaru WRX...
General Motors Corp.’s Saturn brand will be either sold off or phased out by the end of this year. Earlier announcements said that it would have been at least 2 years before Saturn would technically “go anywhere”. Saturn’s General...
