Shawn Morgan

Chrysler’s U.S. Advanced-Vehicle Loan May Lose to Disaster Aid

Chrysler Group LLC and plug-in car battery supplier A123 Systems Inc. may not receive some or all of the U.S. Energy Department loans they’re seeking to produce more fuel-efficient vehicles, under a proposal the House is scheduled to debate today.

Fiat's Chrysler Said to Seek Bank Loans Before Stock Offering

Chrysler Group LLC, the U.S. automaker run by Fiat SpA, has contacted banks about borrowing money before a possible initial public offering next year, two people familiar with the effort said.

Fiat Chief Marchionne Says Chrysler Added 1,600 Jobs Since Late Last Year

Chrysler Group LLC, the automaker controlled by Fiat SpA , has added more than 1,600 jobs since late last year as it develops new vehicles, Chief Executive Officer Sergio Marchionne said.

UAW's King Says Workers Must Share in U.S. Automakers' Turnaround

United Auto Workers President Bob King said union members’ sacrifices allowed U.S. automakers to survive and that workers deserve to share in the industry’s new prosperity.

U.S. Automakers, UAW Explore Expanding Profit Sharing

General Motors Co ., Ford Motor Co. and Chrysler Group LLC, in advance of next year’s labor contract negotiations, are exploring with the United Auto Workers changes that could give workers a bigger piece of growing profits.

Obama Campaigns to Gain Car Industry Bailout Credit at Ohio Chrysler Plant

As President Barack Obama tours a Chrysler Group LLC assembly line in Ohio today, gaining political credit for the automobile industry’s government-aided turnaround may be as challenging as returning U.S. carmakers to profitability.

Chrysler Posts $116 Million First-Quarter Profit as Vehicle Sales Rise

Chrysler Group LLC reported first- quarter net income of $116 million, its first since emerging from bankruptcy reorganization in 2009, as U.S. sales of its Dodge and Jeep vehicles increased.

Chrysler Plans to Buy Auto-Transport Trucks to Bypass Teamsters, UAW Says

Chrysler Group LLC, heading into labor negotiations with the United Auto Workers, is planning to purchase trucks for use by non-union workers to transport its cars and trucks, the UAW’s top leader said.

Obama Says Government Bailout Aid Saved Auto Industry From ‘Free Fall’

President Barack Obama said the bailout of the auto industry has been vindicated by the resurgence of Chrysler Group LLC and General Motors Co. and the addition of jobs making vehicles across the country.

Chrysler CEO Says `Successful Transformation' Is Under Way

Chrysler Group LLC, the U.S. automaker operated by Fiat SpA , has laid the “groundwork for a successful transformation,” the companies’ chief executive officer said today.

Yen Rebounds as Silver Slides While S&P 500 Fluctuates

U.S. Stocks Little Changed After Four-Week S&P 500 Rally

Yen Rises Most in 3 Weeks as Amari Signals Concern; Kiwi Gains

Paulson to Maverick Bet on Housing With Junk Insurers

Microsoft Updates Xbox as Apple to Facebook Gain in Games