-
Recent Posts
- Nissan Shareholders Elect 7 Independent Directors Out of 11
- BMW Group Power BEV – A Regulation Forced Car
- IndyCar – Honda Powered Rossi Dominates Road America
- Ford and Austin Launch Mobility Challenge Program
- Giant Porsche Recall for Unintentional Rollaways
- Roadkill Nights – Drag Racing Back on Woodward Avenue
- Walmart Guilty of Violating the Foreign Corrupt Practices Act
- UAW Post Chattanooga Loss Calls for Labor Law Reviews
- Renault, Nissan Ink Deal with Waymo on Driverless Mobility
- Trade Wars: Commerce Finds Dumping, Countervailable Subsidies of Chinese and Thailand Propane Cylinders
- EU Passenger Car Sales off -2.1% Through May 2019
- FAA Issues Waiver for Drones with Parachutes, New Supersonic Rulemaking, 737 Max Modifications Still Stalled
- LMP1 Repeat – Toyota Second Straight Win at Le Mans
- Aston Martin On GTE Pole, Ford 2nd, Corvette 3rd at Le Mans
- Ford Recalls 1.2M Explorer Models and Others for Defects
News from PR Newswire
Recent Comments
- David Schwietert on Trump Tariffs on Mexico – Job Destroying Taxes on Workers
- U.S. Army Maj. Gen. Chuck Swannack on Speedway Motorsports Ownership Scuffle Underway
- David Lafferty on Three Common Teen Driver Mistakes Lead to Fatal Crashes
- François-Xavier Demaison on Volkswagen ID. R Ready for Nordschleife Record Attempt
- Reuters - Ghosn's Wife on Ghosn – Muzzled – Bites Back After Nissan Board Ouster
Archives
Meta
Tag Archives: overhaul
Chrysler Pays Back Taxpayers. Fiat Now Firmly in Control
The historic bailout differs this time around in what’s left and more importantly who owns it – along with the familiar, nagging question, can Chrysler make it? The new Chrysler Group is now firmly, irrevocably in the hands of Fiat, an Italian multinational firm, which has a global fight in front if it as it too competes to survive in an automobile business dominated by much stronger competitors. Continue reading
Posted in auto news, economy, news analysis, results, transportation
Tagged auto bailouts, auto bankruptcies, auto informed, auto news, autoinformed, autoinformed.com, automotive news, car czar, chrysler, Chrysler bankruptcy, geithner, general motors, iacocca, Ken Zino, marchionne, obama, overhaul, steven rattner
Leave a comment
Ex Car Czar Rattner Settles Bribery Charges for $10 Million
Steven Rattner, the Obama Administrations’ former “car czar,” has settled bribery charges in New York by paying a $10 million fine and agreeing to banishment from appearing before any public pension fund within the State of New York for five years. … Continue reading