Ford (F) nailed it big time and came out with stellar earnings. Given the supposed weakness of GM and Chrysler they put their mark on the wall. The US market will continue to be problematic and most of the profit gains have come from cost reduction. The one area they are not really explaining is th ... Read more

Chrysler is in deep trouble. It is deep enough that analysts and the media have questioned whether it has enough cash to make it through a turnaround, especially in a harsh auto sales enviroment in the US. The head of Fiat who now runs Chrysler as well gave a sign that the problems at Chrysler are [ ... Read more

The Nine C’s of Leadership Compiled By Bill Willard Contributing Author The Issue Remember Lee Iacocca? The guy who rescued Chrysler Corporation from itself?  Well, he's 82 now and has a new book: Where Have All The Leaders Gone? (Scribner, $26). What follows is ... Read the ful ... Read more

From the NY Times: Deal Is Set on Chrysler Debt That May Avert Bankruptcy The Treasury Department has worked out a preliminary agreement with Chrysler’s largest secured creditors ... Chrysler has about $6.9 billion in secured debt owned by big banks such as Citigroup and JPMorgan Chase and a ... Read more

The car czar is a joke, a way to get a few billion dollars to GM (GM) and Chrysler while they move their companies in better shape for certain Chapter 11 filings. The two car companies are not likely to get what they want from the UAW, suppliers, and creditors without some kind of fight. Wh ... Read more