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Study: 'Successful' auto bailout of GM, Chrysler saved millions of jobs, $284B in personal income

2013-12-09 18:49:43| Automakers - Topix.net

The Center for Automotive Research study - called " The Effect on the U.S. Economy of the Successful Restructuring of General Motors" - found that the controversial 2008-2009 bailout, saved 2.6 million jobs in 2009 alone and $284.4 billion in personal income was preserved over 2009-2010.

Tags: personal jobs auto study

 

PPG Receives Clearcoat Approvals from Chrysler

2013-12-04 06:00:00| Coatings World Breaking News

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Canadian auto sales up 6.5 per cent, Chrysler sees biggest jump of Big Three

2013-12-04 00:21:37| Auto Dealers - Topix.net

TORONTO, Cananda - Canadian sales of cars and trucks were up 6.5 per cent from a year ago, according to data Tuesday compiled by DesRosiers Automotive Consultants Light vehicle sales totalled 133,860 in November, up from 125,730, with both Ford and Chrysler selling the most vehicles, at 19,660 and 19,071 respectively.

Tags: three big auto sales

 

Chrysler Seems Hesitant about IPO UAW, Board & Banks Mull Price

2013-12-03 17:50:16| AutomotiveDigest.com - Automotive Industry News

Chrysler's board keeps moving the IPO date up; now it is sometime in 2014. Somehow, Chrysler management seems to be waiting for an ideal time to offer more stock to  investors and to accomplish the complete control and management by Fiat and the illustrious Mr. Marchionne. As the Board, the IRS, and the Chrysler banks keep mulling and valuing the IPO price and plan, dealers -- particularly Chrysler-Fiat dealers -- can gather more insight and detail right here.The Article Chrysler Seems Hesitant about IPO UAW, Board & Banks Mull Price appeared first on Automotive Digest.

Tags: price board banks chrysler

 

Chrysler US sales rise 16 percent in November

2013-12-03 15:57:33| Auto Dealers - Topix.net

Chrysler's U.S. sales rose a surprising 16 percent in November, a sign that the auto industry is on track to beat strong sales numbers from a year ago.

Tags: november sales percent rise

 

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