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Filed under: Etc. , Chrysler , DaimlerChrysler , Dodge , Ford Chrysler and Ford have been at the top of the headlines all year long for various reasons, with Ford continuing to slim down by selling off its PAG brands, while Chrysler got dumped by Daimler and went private at the hands of Cerberus Capital Management. 2008 looks to be an equally interesting year in the auto industry, and a recent article in Fortune by senior editor Alex Taylor III suggests that a merger between Chrysler and Ford could be in the cards for the coming year. Talk about your haymakers. Much of the speculation regarding Chrysler surrounds how Cerberus intends to get itself out from under the prolific paperweight that is the Pentastar. Financial types still feel Cerberus is out to make a quick buck, and that long-term ownership is highly unlikely. We're no big business experts, but it looks to us as though the three headed dog has a very limited list of potential buyers out there, so throwing a blind-folded dart...
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Filed under: Chrysler , DaimlerChrysler , Dodge , Jeep , UAW/Unions A UAW leadership-approved contract between GM and the UAW is only a couple days from a rank and file vote deadline, so the UAW has begun negotiations with its next target, Chrysler LLC. The Cerberus-owned automaker is looking for a similar deal to what GM received, plus the same wage/benefit breaks GM and Ford received the past couple years. Chrysler feels it was slighted then when the UAW denied DCX its wish to even the playing field with Ford and GM when those companies got a benefit break, so that may be a big hurdle. Since Chrysler LLC doesn't have to deal with stockholders or a board, the Auburn Hills-based company can play its cards closer to the vest than others. Analysts are eager to learn if the new, privately-owned Chrysler will follow suit in talks, or try to go in a different direction. Since GM has laid the framework for Chrysler and Ford labor contracts, we're hoping Chrysler and the UAW can come to a quick...
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Filed under: Government/Legal You might recall about this time last year, California State Attorney General Bill Lockyer filed a lawsuit in Northern California's U.S. District Court asserting that automakers selling vehicles in the Golden State were liable...
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Filed under: Economy , Chrysler , DaimlerChrysler , Dodge , Misc. Auto Shows Information is more than scant, but Chrysler will be kicking off the 2008 Woodward Dream Cruise by pulling the wraps off a new vehicle later this morning. Not just any new vehicle...
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