Chrysler hopes to refinance, pay off government debt
DETROIT — Chrysler CEO Sergio Marchionne says the company will try to refinance its government loans this year as it prepares for an initial public stock offering. He says the company can post a net...
View ArticleChrysler turns first profit since bankruptcy
DETROIT — Chrysler has turned its first profit since leaving bankruptcy two years ago. The company reported first-quarter net income of $116 million and revenues of $13.1 billion today. The profit is a...
View ArticleChrysler to sever U.S. government ties
DETROIT — Chrysler Group, newly profitable and confident in its revamped products, will soon sever its ties with the U.S. government after most, but not all, of the bailout loans it got two years ago...
View ArticleAmericans bought more cars and trucks in 2011
DETROIT — Americans bought more cars and trucks last year, inspired by easier credit, an improved economy and the desire to replace aging vehicles that got them through the Great Recession. Sales rose...
View ArticleTop Private Companies: Automotive
The top two local dealers, Premier Automotive Group and Ray Brandt Automotive and Collision Centers, combined for $814.5 million in revenue last year, a 17.6 percent spike over 2011.
View ArticleChrysler hopes to refinance, pay off government debt
DETROIT — Chrysler CEO Sergio Marchionne says the company will try to refinance its government loans this year as it prepares for an initial public stock offering. He says the company can post a net...
View ArticleChrysler turns first profit since bankruptcy
DETROIT — Chrysler has turned its first profit since leaving bankruptcy two years ago. The company reported first-quarter net income of $116 million and revenues of $13.1 billion today. The profit is a...
View ArticleChrysler to sever U.S. government ties
DETROIT — Chrysler Group, newly profitable and confident in its revamped products, will soon sever its ties with the U.S. government after most, but not all, of the bailout loans it got two years ago...
View ArticleAmericans bought more cars and trucks in 2011
DETROIT — Americans bought more cars and trucks last year, inspired by easier credit, an improved economy and the desire to replace aging vehicles that got them through the Great Recession. Sales rose...
View ArticleTop Private Companies: Automotive
The top two local dealers, Premier Automotive Group and Ray Brandt Automotive and Collision Centers, combined for $814.5 million in revenue last year, a 17.6 percent spike over 2011.
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