UPI Related News
NEW YORK, Nov. 20 (UPI) -- GMAC Financial Services said Thursday it had applied to the U.S. Federal Reserve for bank holding company status, a step toward securing federal aid.
DETROIT, Nov. 2 (UPI) -- Cerberus Capital Management LP, owner of Chrysler, has halted talks on a possible partial acquisition by Renault-Nissan, The Detroit News reports.
DETROIT, March 8 (UPI) -- Chrysler LLC will close its auto design studio in Carlsbad, Calif., a company spokesman said.
DETROIT, Dec. 22 (UPI) -- Chrysler Chief Executive Officer Robert Nardelli has denied reports the Detroit automaker is in a financial crisis, saying it's solid.
DETROIT, Nov. 21 (UPI) -- GMAC Financial Services Corp. is exploring selling parts of its embattled Residential Capital Corp. mortgage arm, the U.S. financing company said Wednesday.
LONDON, Nov. 21 (UPI) -- Northern Rock PLC shares closed down 13 percent Wednesday after the struggling British bank said it received a takeover bid proposal below its market value.
DETROIT, Oct. 31 (UPI) -- Chrysler LLC plans to cut at least 1,000 salaried workers to match the U.S. automaker's shrinking domestic market share, a published report said Wednesday.
NEW YORK, Oct. 30 (UPI) -- Cerberus Capital Management LP dropped its $6.2 billion offer for Affiliated Computer Services Inc. Tuesday, the U.S. private-equity firm said in a letter.
DETROIT, Oct. 10 (UPI) -- The United Auto Workers reached a tentative contract with Chrysler for its U.S. facilities, union officials announced Wednesday.
DETROIT, Oct. 7 (UPI) -- Negotiators at Chrysler LLC said they remain optimistic about reaching a contract deal with the United Auto Workers union.
