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GM saw Chrysler as credit booster
GM saw Chrysler as credit booster
NEW YORK, June 15 (UPI) -- An unlikely merger between U.S. auto giants General Motors Corp. and Chrysler LLC was seen mostly as a way to raise capital from banks, court records show.
Treasury rejects GM's plan to help Delphi
WASHINGTON, April 28 (UPI) -- The U.S. Treasury rejected two General Motors Corp. attempts to ensure that parts-supplier Delphi Corp. would keep parts flowing to the automaker.
Automakers' merger would face hurdles
DETROIT, Oct. 20 (UPI) -- A proposed merger between U.S. auto giants General Motors and Chrysler would run into high hurdles from regulators, an antitrust attorney said.
Job losses likely in a GM-Chrysler merger
DETROIT, Oct. 12 (UPI) -- Detroit could suffer another significant blow if the merger of Chrysler and General Motors becomes a reality, sources told the Detroit Free Press.
Union to lose experience in layoffs
DETROIT, May 28 (UPI) -- The United Auto Workers is planning for the retirement of more than 30,000 members from Detroit automakers and the loss of dues and leadership.
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