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.
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.
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 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.
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.