In pictorial form, the 10 biggest turkeys in the history of the ruined US carmaker
Chrysler
The long, winding road to a US turnaround
If the US recession somehow peters out this year, it will be nothing short of a miracle, writes Irwin Kellner.
The brave new post-Detroit world
The slimmed-down automaker set to emerge in GM’s wake finally calls time on the industrial era.
US autoworkers confront the awful truth
The traditional lure of a well-paid full-time job on the assembly line has all but dried up in the United States.
Saving Detroit, but what about creditors’ rights?
The US government, keen to protect workers, is providing taxpayers’ cash to keep GM and Chrysler afloat. But in its haste it has vilified creditors and ridden roughshod over their legitimate claims.
Fiat-Chrysler outsources the boss
The real lesson from the Fiat-Chrysler deal is what companies can gain from sourcing top management abroad.
Workers sack the boss at Chrysler
The union has taken control of Chrysler, emerging with a 55% stake in the firm following its bankruptcy filing.
GM and Chrysler have ‘Oliver Twist’ moment
The automaker begging bowl is again being passed around Washington, with General Motors and Chrysler asking for an extra $US21 billion from the Obama administration, says Glenn Dyer.
US car sales on highway to hell
The US car industry is in deeper dispair at the start of 2009 than it was at the end of 2008, writes Glenn Dyer.
Chrysler shuts up shop for a month
Chrysler has joined General Motors in trying to take some control of its destiny by shutting down for Christmas, writes Glenn Dyer.
US on the road to somewhere else
In the US, plunging car sales means fewer cars, less trips and less deaths on the nation’s roads, writes Glenn Dyer.
Detroit demands new $US34 billion bailout
America’s car sales slump deepened in November and the industry is now teetering on the brink of total collapse, writes Glenn Dyer.
Is General Motors too big to fail?
General Motors is staring at failure unless the US government decides it is too big to fail. Which way the new administration go, asks Glenn Dyer.
Global car-makers routed. Will Australia follow them into the ditch?
The credit crisis has remade the world financial system. Now it’s remaking global car manufacturing, which will cause plenty of problems for Australia. By Glenn Dyer.
US car industry woes now spreading to Europe
US consumers have stopped buying cars and office staff are being cut from the GM payroll. Now signs of a slump are emerging in Europe, reports Glenn Dyer.
The credit crisis is killing the US car industry
As far as the flow on effects from the credit crisis go, US carmakers and retailers are suffering almost as badly as the banks. By Glenn Dyer.
