November 26, 2008
Cerberus Capital Management, L.P. ("Cerberus"), one of the world's leading private investment firms, issued the following statement in response to Daimler's press release disseminated this morning.
November 18, 2008
Chrysler Financial Canada announced today it will restructure its operations to reduce costs and maximize efficiencies. Through this restructuring, the company will consolidate its current business operations in Calgary, Montreal and Windsor into its Toronto facility by May 1, 2009.
November 18, 2008
Mr. Chairman, members of the Committee, I appreciate this opportunity to address the current economic and financial crisis, the impact it is having on the automotive industry, and the need for immediate action.
November 16, 2008
As the U.S. Congress considers support for the domestic automobile industry, a select group of Chrysler's U.S. dealer network will visit Capitol Hill on Tuesday, November 18 and Wednesday, November 19, to discuss their concerns regarding the impact of the global financial and liquidity crisis in their communities across the country.