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Ford to offer 300 million shares of common stock

Filed under: UAW/Unions,FordContinue reading Ford to offer 300 million shares of common stock Ford to offer 300 million shares of common stock originally appeared on Autoblog on Tue, 12 May 2009...

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Ford completes transfer of retiree healthcare to VEBA, makes extra $500M payment

Filed under: UAW/Unions,FordContinue reading Ford completes transfer of retiree healthcare to VEBA, makes extra $500M payment Ford completes transfer of retiree healthcare to VEBA, makes extra $500M...

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Autoblog Podcast #160 - Analyst Jim Hall raises the Podcast IQ

Filed under: Government/Legal,Podcasts,Detroit Auto Show,Ford,GM,Mercedes-Benz,Porsche,Toyota,Lancia,Technology,Concept Cars,Electric,Hybrid,LuxuryClick above for the Autoblog Podcast in iTunes, RSS...

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Report: Ford assures workers of bonuses if targets are met

Filed under: Earnings/Financials,UAW/Unions,FordThe latest musical theme for Ford workers and shareholders could be Junior Mafia's "Get Money." The Blue Oval just told its salaried employees that 2010...

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GM to buy back $2.1 billion of Preferred Stock, improve financial position

Filed under: Earnings/Financials,Government/Legal,UAW/Unions,GMGeneral Motors has just announced a series of actions intended to improve its financial position and make it more attractive to investors...

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UAW trust demands Fiat pay $342M for Chrysler shares

Filed under: Government/Legal,UAW/Unions,Chrysler,FiatLast month, we brought you the latest news in a rather tenuous ordeal between Fiat and the United Auto Workers over the future of the Italian...

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Fiat pondering swallowing rest of Chrysler, US IPO

Filed under: Earnings/Financials,Government/Legal,UAW/Unions,Chrysler,FiatAt the moment, Fiat is in court with the United Auto Workers, waiting for the justice system to provide some guidance on a...

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Treasury poised to sell off 30 million more GM shares

Filed under: Earnings/Financials,Government/Legal,UAW/Unions,GMThe next step in the US Treasury's efforts to eliminate its financial interests in General Motors will involve the sale of 30 million...

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Fiat ups Chrysler stake by 3.3%, inches closer to full control

Filed under: Earnings/Financials,Chrysler,FiatFiat is one step closer to completing a merger with Chrysler after exercising an option to acquire an additional 3.3 percent of the Auburn Hills-based...

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Court ruling to delay Fiat's Chrysler buyout?

Filed under: Government/Legal,FiatWe've already reported on the attempts of Fiat to purchase the remaining 41.5-percent stake in Chrysler, currently owned by the United Auto Workers' VEBA healthcare...

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Chrysler IPO to be filed as early as this week

Filed under: Government/Legal,Chrysler,FiatAn initial public offering for the Chrysler Group could happen this week, following Sergio Marchionne's comments to Financial Times in London, according to a...

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Chrysler stays IPO until 2014

Filed under: Earnings/Financials,Government/Legal,UAW/Unions,Chrysler,FiatThere will not be a Chrysler IPO in 2013. Fiat, according to a report from Forbes, has announced that it will not be able to...

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Fiat and UAW back at negotiating table over Chrysler stake

Filed under: Earnings/Financials,UAW/Unions,Chrysler,FiatWe knew there'd be no Chrysler IPO before the end of this year, but Fiat is determined to get the best run going into 2014 and is back at the...

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Fiat buying rest of Chrysler in $4.35 billion deal, IPO avoided

Filed under: Earnings/Financials,Chrysler,FiatChrysler will now become a wholly owned member of the Fiat family, as it's been announced that the 41.46-percent stake in the Auburn Hills, MI-based...

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Marchionne completed Fiat-Chrysler deal from a Florida beach

Filed under: Government/Legal,Chrysler,FiatSergio Marchionne is the CEO of Fiat, which as you may have heard, has finally worked up a deal to finish acquiring the Chrysler Group after months of...

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Chrysler purchases remaining shares from VEBA Trust, announces funding plan

Filed under: Earnings/Financials,UAW/Unions,Chrysler,FiatIt's official: The Detroit Three is now The Detroit Two and The Fiat Subsidiary, Chrysler. Both the Italian carmaker and The Pentastar...

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Fiat Chrysler posts $690M Q1 loss

Filed under: Earnings/Financials,Chrysler,FiatIf there is one thing that should be remembered when looking at quarterly and annual earnings, it's that the headline numbers rarely tell the whole story...

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Detroit 3 and UAW could create healthcare pool

Filed under: UAW/Unions,Chrysler,Fiat,Ford,GMThe Big Three and UAW are negotiating on a way to reduce ballooning healthcare costs by possibly creating a pool among the active workers at Ford, GM, and...

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UAW agrees to suspend Jobs Bank, postpone VEBA contributions

Filed under: Government/Legal,UAW/UnionsWhile Ford, General Motors and Chrysler all submitted plans to Congress yesterday that detail how much sacrifice they're willing to make in order to secure...

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Ford's new deal with UAW gets wages down to $55/hour

Filed under: Earnings/Financials,Plants/Manufacturing,UAW/Unions,FordTwo years ago when Ford was negotiating a new contract with the UAW, the automaker was paying its union workers the oft-bandied...

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REPORT: UAW's majority stake in Chrysler doesn't necessarily translate to...

Filed under: UAW/Unions,ChryslerThe reworked contract between Chrysler and the United Auto Workers cedes 55% of Pentastar stock to the worker's retiree health care fund. That has lead to speculation...

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