Judge denies Chrysler retirees’ motion
NEW YORK — A bankruptcy judge on Thursday denied a request from a group representing Chrysler LLC’s retired white collar workers to appoint an official retiree committee to take part in the automaker’s bankruptcy proceedings.
Chrysler moves to eliminate 789 of 3,200 dealers
NEW YORK — Chrysler LLC wants to eliminate roughly a quarter of its 3,200 U.S. dealerships by early next month, saying in a bankruptcy court filing Thursday that the network is antiquated and has too many stores competing with each other.
Chrysler salaried retirees ask for committee
NEW YORK — A group representing Chrysler’s retired salaried workers is asking the judge overseeing the automaker’s Chapter 11 proceedings to appoint an official committee of retirees, citing concerns about the future of their benefits.
Bailout redux: Repaid money could go back to banks
NEW YORK — After acing their “stress tests,” some big banks are rushing to raise capital and return billions in federal bailout money. But don’t expect it to replenish government coffers.
Chrysler Notebook: Judge OKs deal with GMAC
NEW YORK — Developments from Tuesday’s Chrysler bankruptcy hearing:
Judge OKs deal to make GMAC top Chrysler lender
NEW YORK — A bankruptcy judge on Tuesday ruled that GMAC Financial Services can become Chrysler LLC’s preferred lender, potentially sending a slew of new business to the financing company and ensuring that Chrysler’s dealers will have access to the loans they need to stay in business.
Experts say GM bankruptcy is almost inevitable
DETROIT — For General Motors Corp., the task at hand is so difficult that experts say a Chapter 11 bankruptcy filing is all but inevitable.
Experts say GM bankruptcy almost inevitable
DETROIT — For General Motors Corp., the task at hand is so difficult that experts say a Chapter 11 bankruptcy filing is all but inevitable.
Auto suppliers urge lawmakers to protect base
WASHINGTON — Auto suppliers said Friday they are in crisis and may be forced out of business by temporary factory shutdowns at General Motors Corp. and Chrysler LLC.
Group drops fight against Chrysler plan
NEW YORK — The group of dissident Chrysler bond holders challenging Chrysler LLC’s government-backed restructuring plans, said Friday that it is dropping its court fight.
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