Posts Tagged ‘chrysler’

Quote of the Day: It’s Not a Bailout, It’s a Loan Edition

4, Sep 2009

This has nothing to do with Chrysler Group. Chrysler spokesman Shawn Morgan on Bloomberg’s revelation that the Department of the Treasury has sent a notice of default to Old CarCo (AKA Bad Chrysler) for $3.34B worth of bailout “loans.” Surprised? You shouldn’t be.


Morgan Aeromax Coupe – Back To The Future

1, Sep 2009

Morgan Aeromax Coupe – Back To The Future Morgan Aeromax Coupe The Malvern Hills are a step back in time, a scenic taste of Old World England, full of elderly folk bussed in to enjoy Mother Nature and, perhaps, an arts and crafts shop. Today is a different day though, as their lasting memory would not be the lovely scones or scenic views. It would be the bone-shaking noise of a high-strung V8 blasting past them at what could be described as unreasonable speed in what could reasonably be described as a spaceship on wheels. Photo Gallery: Morgan Aeromax Coupe – Limited Edition – European Car Magazine Read More | Digg It | Add to del.icio.us


Was This Car Made for China?

27, Aug 2009

More fodder for the “Chrysler adjusts to life as a Marchionnian pawn” file, as Reuters reports that the Chrysler C-platform may be headed to China. Yes, anyone who’s ever driven a Caliber, Compass or Patriot will have a joke at the ready, as ChryCo’s compact threesome already ooze that “straight outta Tianjin” flava. Maybe Fiat


Chrysler Creditors Given Green Light to Sue Daimler

14, Aug 2009

The Freep reports that Chrysler bankruptcy judge Arthur Gonzalez has given creditors permission to sue Daimler for diverting $9 billion from the automaker two years ago. Gonzalez only put one restriction on the suit: creditors may not use government funds for the effort. According to the Freep report, the suit is being brought by “AutoNation


Frankfurt motor show 2009 A-Z news and previews

13, Aug 2009

CAR’s full preview of the 63rd IAA: new cars galore


Quote of the Weekend: Never Bite Off More Than Your Three Heads Can Chew Edition

10, Aug 2009

“We were too optimistic on timing. Maybe what we should have done was not bought it.” Cerberus Capital honcho Steve Feinberg in a New York Times takedown on his private equity bid to turn Chrysler around. Ya think? So where did The Old New Chrysler go wrong? Was it simply “one of the investments made at


Chrysler Victims Group Launches Attack Ad [No Audio]

30, Jul 2009

The Ad Hoc Committee of Consumer Victims of Chrysler is a group of litigants left claimless by a federal bankruptcy judge’s fiat, when Chrysler jettisoned “old Chrysler’s” product liability. Quietly into that long good night they will not go. Earlier this week, the group attempted to hand-deliver a protest letter to Chrysler CEO Sergio Marchionne prior


Hammer Time: Kibbutznik

23, Jul 2009

I must have been a kibbutznik in a past life. Whenever I buy something of value, I never have the urge to keep it. Perhaps it’s due to too many bouts of suburbia. A neighborhood with twenty lawnmowers, twenty The Lion King videos, and fifty to seventy vehicles seems to be a bit too much.


YSE Car of the Week: 2005 Lotus Elise

18, Jul 2009

This week’s Your Shitty Economy (YSE)™ Car of the Week: the 2005 Lotus Elise. Somewhere along the line responsibility took over your life, leaving no room in the garage for fifty-thousand dollar track toys. It’s amazing how five years and $5,000 a year in depreciation can help rationalize the need for a weekend toy.


House Passes Dealer Restoration

17, Jul 2009

Your automotive industry bailout probably just became a little more expensive. Automotive News [sub] reports that the House of Representatives has passed a spending bill including provisions to reinstate dealers culled during GM and Chrysler’s restructuring. The measure now moves to the Senate, where 24 co-sponsors of a similar bill should have little problem rounding



top