Auto Industry Chrysler Financing 
Green Car Congress
MARCH 19, 2009
While the President’s Task Force on the Auto Industry continues to review restructuring plans submitted by General Motors and Chrysler, the US Department of the Treasury announced an Auto Supplier Support Program that will provide up to $5 billion in financing to US-based suppliers.
Green Car Congress
MARCH 30, 2009
In a statement livecast on the Internet by the White House, President Barack Obama said that neither of the restructuring plans submitted by GM and Chrysler “ goes far enough to warrant substantial new investment. ”. Chrysler, the President said, is “ more challenging ”. Earlier post.). President Obama. President Obama.
Green Car Congress
MAY 27, 2019
Fiat Chrysler Automobiles N.V. Groupe Renault also has a well-established and profitable financing business (RCI Banque). delivered a non-binding letter to the Board of Groupe Renault proposing a combination of their respective businesses as a 50/50 merger. The combined business would sell approximately 8.7 million vehicles annually.
The Truth About Cars
APRIL 14, 2025
Red is a great color for many Italian cars, but the problem for Maserati is that it has been seeing the color more in its finances than on an exciting new car. Maserati also has to contend with trends impacting the auto industry as a whole, including shifting EV demand and softening buyer enthusiasm for expensive exotic cars.
Green Car Congress
JANUARY 4, 2012
In its “2012 Outlook: US Auto Manufacturers and Suppliers”, Fitch assigns the industry a Positive Rating, expecting the credit profiles of the US OEMs and auto suppliers to generally strengthen in 2012, assuming that global economic conditions do not weaken materially from current trends.
Green Car Congress
MARCH 14, 2009
The economic impact of a General Motors or Chrysler bankruptcy is being debated across the country. Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry. Further, the government may be suffering from the early stages of bailout fatigue. Laura Marcero.
Cars That Think
JANUARY 6, 2025
Its almost been a religion that its EVs or bust, so lets not fool around with hybrids or hydrogen, says Michael Dunne , CEO of Dunne Insights , a leading analyst of Chinas auto industry. EREVs now make up nearly a third of the nations plug-in-hybrid sales, according to Bloomberg New Energy Finance.
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