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Media preview day at the North American International Auto Show

Chrysler CEO Bob Nardelli speaks outside of the Cobo center at the debut of the updated Ram 1500 during the 2008 North American International Auto Show in Detroit January 13, 2008. (UPI Photo/Mark Cowan)

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Chrysler seeks bankruptcy; teams with Fiat

NEW YORK, April 30 (UPI) -- U.S. automaker Chrysler LLC Thursday said it has filed for Chapter 11 bankruptcy in New York and reached an accord to partner with Italian automaker Fiat SpA.

Chrysler receives promised $4 billion loan

AUBURN HILLS, Mich., Jan. 3 (UPI) -- Chrysler LLC says it has received the $4 billion that the U.S. Treasury agreed to loan the struggling U.S. automaker in December.

Chrysler boss promises 'to be accountable'

DEARBORN, Mich., Dec. 19 (UPI) -- Chrysler LLC Chief Executive Officer Bob Nardelli pledged Friday to be accountable for the $4 billion the U.S. automaker will get in a federal emergency loan.

White House extends autos $17.4B

WASHINGTON, Dec. 19 (UPI) -- U.S. President George Bush announced $17.4 billion in loans for U.S. automakers, saying he needed to protect citizens from further economic difficulties.

Chrysler to cut 5,000 white collar jobs

AUBURN HILLS, Mich., Oct. 24 (UPI) -- Chrysler LLC said Friday it would trim its white-collar and supplemental staff by 25 percent with voluntary layoffs beginning in November.

Detroit automakers see slowdown

DETROIT, June 22 (UPI) -- Detroit's automakers face a dire sales year because of rising gas prices and a slowing national economy, analysts say.

Chrysler expected to trim slow-sellers

DETROIT, Oct. 18 (UPI) -- U.S. carmaker Chrysler is expected to announce it is dropping some slow-selling models and looking for ways to cut back on dealerships.

Embattled Home Depot CEO resigns

ATLANTA, Jan. 3 (UPI) -- Home Depot Inc. Chairman Bob Nardelli has left the U.S. home-improvement retailer, taking a $210 million severance package with him, the company said Wednesday.

Home Depot buys Chinese peer

BEIJING, Dec. 13 (UPI) -- Home Depot Inc., the world's largest home improvement retailer, said Wednesday it is buying a Chinese peer in a deal set to close within days.

Home Depot paying $3.47B for Hughes Supply

ATLANTA, Jan. 10 (UPI) -- Atlanta-based Home Depot, the world's largest home improvement retailer, will pay $3.47 billion to buy Hughes Supply Inc.

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