Car manufacturers and the iPhone generation

628 More

Earning the right to be successful

610 More

Knowledge is power

713 More

Selling cars – it’s all about timing

1,005 More

Truemag

  • Home
  • About
  • Advertise
  • Archives
  • Contact
  • Subscribe

Chrysler reaches cost-cutting union deal

BBC News reports that Chrysler has reached an outline cost-cutting deal with its main US union as it continues efforts to restructure the business before a key deadline.

The US government has told the carmaker it will be given a further $6bn (£4bn) of vital state loans if the restructuring is completed by 30 April.

Without the extra funds Chrysler may have to enter bankruptcy protection.

The government is also demanding that Chrysler refinances its debts and secures an alliance with Italy’s Fiat. Full story…

Apr 27, 2009In51der
  • Fiat and Chrysler complete deal
  • Chrysler’s sale to Fiat approved
  • Lenders objecting to Chrysler bankruptcy plan
  • Details of Chrysler bankruptcy deal revealed
  • Chrysler ‘to enter bankruptcy protection’
  • Chrysler on the brink
  • Don't be seduced by the monthly paymentVW considers move for Porsche
    In51der

    Motor Trade Insider - Bridging the gap between the customer and the Motor Trade

    13 years ago Manufacturers, Newsitaly40
    Most viewed
    Top 100 UK Dealer Groups
    39,744 views
    The car sales process and the “9 point plan”
    11,807 views
    webuyanycar review – They will buy any car but beware of the asterisk
    6,188 views
    Most commented
    Car sales and the power of silence…
    25 Comments
    Car dealers still not prepared to play the “we buy any car” game
    23 Comments
    A Traders Tale – Part Four
    22 Comments
    Win a pre-loaded Ipod Shuffle!
    19 Comments
    Bargain of the Week – StreetKa 1.6i Luxury
    14 Comments

    Auto Transport

    About MTI

    Motor Trade Insider
    is written by people working actively in the motor trade for people on the inside and people on the outside.

    Our aims
    Build a bridge between consumers and the trade, create Interesting and informative content, break down barriers and create better understanding, expose bad practices and rip-offs and promote outstanding products and service.
    Have something to say?
    We are always looking for experienced writers who can write good original quality posts on motor-trade-insider.com. Please contact us if you would like us to consider you. Make sure you give us details of your own blog or a link to some articles you have written.
    2017 © Motor Trade Insider
    Truemag theme by StrictThemes