12.Sep.2009 Chrysler Is Done Building Engines: W/Hyundai & Mitsubishi
Something happened last week with Chrysler – something that all of us have been expecting and that is that Chrysler Group LLC actually bought out its former partners in the way of building engines. Mitsubishi and Hyundai were the two partners that would build the engines for any Chrysler cars and trucks, however – Chrysler [...]
14.Jun.2009 Automotive Task Force: No More Bailout for the Detroit Big Three
The automotive task force formed by the administration of President Barack Obama to help in the restructuring of Chrysler and GM has declared that it will no longer be putting out money for the Detroit three amid criticism that the bailout is a clear move toward socialism.
The federal government has released around $80 billion of [...]