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Chrysler Sterling Heights plant open through '11-UAW

Chrysler will keep open through 2011 its Sterling Heights, Michigan, plant near Detroit that it had once planned to close at the end of 2010, a United Auto Workers vice president said on Thursday

Old Chrysler plan earmarks nothing for TARP repay: filing

The U.S. Treasury will not recover any portion of the $3.7 billion still outstanding in loans it made to automaker Chrysler under the Troubled Asset Relief Program, according to the terms of a plan filed with bankruptcy court on Tuesday.

US high court orders Chrysler sale appeal dismissed

The U.S. Supreme Court ordered a lower court to dismiss a legal challenge by three Indiana pension funds to the government-backed sale of bankrupt automaker Chrysler LLC to a group led by Italian carmaker Fiat SpA.

New pay limits for second set of AIG, Citi, GM employees

The new restrictions covering the most of the 26 to 100 most highly compensated employees at bailed out firms AIG, Citigroup, GM and GMAC were issued today by President Obama's Pay Czar Stephen Feinberg.

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GM, Chrysler propose to resolve dealer claims

General Motors Co and Chrysler proposed steps on Thursday to resolve complaints from terminated dealerships and head off potential congressional intervention.

U.S. auto sales edge up, led by Hyundai boom

U.S. auto sales edged higher in November, led by an outsized gain for Hyundai Motor Co and mixed results for rivals in a trend automakers said pointed to a grudging recovery in the U.S. economy.

Fiat CEO says plans unchanged, output rise possible

Fiat SpA Chief Executive Sergio Marchionne hinted that government targets of a boost in production to 900,000 vehicles a year in Italy were achievable, but said he still planned to end car output at a Sicily plant.

PREVIEW-U.S. Nov auto sales to show slow recovery

Major automakers are expected to report flat U.S. auto sales for November from a year ago -- another sign the industry is on the mend after a bruising downturn that forced extensive restructuring early this year.

U.S. November auto sales to show slow recovery

Senators seek answers on auto dealer closures

Nearly two dozen members of the U.S. Senate sought answers on Friday from General Motors and Chrysler on efforts to resolve complaints from dealers who lost business with the car companies.

Chrysler launches incentives on 2010 models

Chrysler Group LLC on Friday launched a year-end sale for nearly all of its 2010 model year vehicles with zero percent financing or up to $4,000 cash to draw customers during the typically slower winter months.

Fiat cannot keep all Italy plants open-CEO

Fiat SpA may have to close factories in Italy, given sharp falls in auto sales which have changed the sector dramatically, Chief Executive Sergio Marchionne said on Friday.

Chrysler could lose more than 100 U.S. dealerships

More than 100 Chrysler Group LLC U.S. dealerships face possible closure if they cannot reach new financing deals with GMAC Financial Services or another lender, people involved in the process said on Thursday.

Exclusive: GM must pay debt, make money before IPO

General Motors should focus on making money and repaying U.S. Treasury loans before turning to public markets to sell the taxpayer's stake in the automaker, a senior government official said.

U.S. government wants fast-track GM IPO: Bloom

The Obama administration wants a fast-track initial public offering of General Motors Co GM.UL shares to reduce its majority stake in the automaker, a senior official said.

Exclusive: U.S. government wants fast-track GM IPO: Bloom

The Obama administration wants a fast-track initial public offering of General Motors Co shares to reduce its majority stake in the automaker, a senior official said.

A123 sets up new business unit to focus on autos

Lithium-ion battery maker A123 Systems is increasing its focus on the automotive market, creating a new business unit led by a former auto parts executive.

Obama admin pay czar open to lateral pay offers

The Obama administration's pay czar said on Thursday his compensation rulings will allow General Motors Co and Chrysler Group to retain talent but is willing to consider lateral offers to hire new executives.

Pay czar open to lateral pay offers

FACTBOX-Details of Chrysler's turnaround plan under Fiat

Fiat SpA Chief Executive Sergio Marchionne on Wednesday delivered a long-awaited plan intended to turn around Chrysler over the next five years.

Chrysler offers revival plan but skeptics remain

Chrysler's new boss offered an ambitious outlook for the automaker on Wednesday, saying it would more than double sales, roll out a dozen new models built on Fiat platforms and pay back debt to U.S. taxpayers over the next five years.

Ford meeting informally with UAW on costs

Ford Motor Co will continue meeting informally with United Auto Workers leaders to discuss labor issues following the rejection of concessions by U.S. rank-and-file workers, a top executive said on Wednesday.

Details of Chrysler's turnaround plan under Fiat

Fiat SpA Chief Executive Sergio Marchionne on Wednesday delivered a long-awaited plan intended to turn around Chrysler over the next five years.

Chrysler not burning cash, sees savings -Fiat CEO

Chrysler is making an operating profit and building cash, the No. 3 U.S. automaker's boss told reporters and industry executives on Wednesday as he unveiled a five-year plan to turn the company around.

Chrysler pitches turnaround plan

The mood in the global automotive industry has shifted to cautious optimism, marked by the unveiling on Wednesday of Chrysler's turnaround plan and General Motors' plan to keep its Opel unit.

GM sees October sales bounce, Chrysler plunges

General Motors posted its first monthly sales increase in nearly two years on Tuesday as a rebound in industrywide U.S. auto sales in October pointed toward a gradual recovery for the battered sector.