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Analysts: GM would need cash to acquire Chrysler
For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash as part of the deal. Lots of it, according to industry analysts.
Activities:2008 Automakers Downturn Source:(AP)
2008-10-11
Source: Chrysler, GM discuss merger, acquisition
General Motors Corp., Chrysler LLC and Cerberus Capital Management LP have held preliminary talks about a merger or an acquisition of Chrysler by GM, according to a person familiar with the talks.
Activities:2008 Automakers Downturn Source:(AP)
2008-10-11
GM shares tumble 31 percent to 58-year low
Shares of General Motors Corp. lost nearly one-third of their value Thursday, plunging to their lowest level in more than 58 years after Standard & Poor's said the automaker's credit could fall further into junk status due to the "rapidly weakening state" of the global automotive market.
Nations:U.S. Activities:2008 Automakers Downturn Source:(AP)
2008-10-09
Nikkei dives 9.4 percent, biggest 1-day fall since '87
The Nikkei average plunged 9.4 percent on Wednesday, its biggest drop since the 1987 stock market crash, as growing fears of a global recession led investors to wipe $250 billion off the value of Tokyo shares.
Nations:Japan India Russia Activities:2007 Global Credit Crunch Japanese Markets Source:(Reuters)
2008-10-08
Asian markets mixed after Australia's big rate cut
SEOUL, South Korea – Asian stocks were mixed Tuesday as a big interest rate cut in Australia helped spur recoveries in several regional markets, sparking hopes that other central banks will lower rates to help loosen the global credit crunch.
Nations:Australia South Korea Japan France Activities:Asian Markets 2007 Global Credit Crunch
2008-10-07
| Headlines |
- Analysts: GM would need cash to acquire Chrysler 2008-10-11
- Source: Chrysler, GM discuss merger, acquisition 2008-10-11
- GM shares tumble 31 percent to 58-year low 2008-10-09
- Nikkei dives 9.4 percent, biggest 1-day fall since '87 2008-10-08
- Asian markets mixed after Australia's big rate cut 2008-10-07
- People Love Angry-Faced Cars 2008-10-06
- Credit markets to Washington: Bailout isn't enough 2008-10-03
- Tight credit, financial chaos slam auto sales 2008-10-01
- Bush approves $25 billion loan package for auto makers 2008-09-30
- Asia, Europe markets sink after Wall Street plunge 2008-09-05
- August auto sales fall; some say worst may be over 2008-09-03
- Fed: Slow growth, still-high prices hit economy 2008-09-03
- NASCAR puts Kyle Busch, Carl Edwards on probation 2008-08-27
- Toyota announces price hikes to offset soaring costs 2008-08-25
- Car buyers' satisfaction with US brands stumbles 2008-08-19
- Texas test case for candidates' energy plans 2008-08-06
- Japan's Toyota unveils next-generation scooter 2008-08-04
- Jobless rate highest in 4 years, payrolls drop 2008-08-02
 US auto sales slump to 16-year low in July 2008-08-01- GM to cut 15 pct of US, Canadian salaried workers 2008-07-30
- Toyota lowers 2008 global sales target 2008-07-28
- Consumers change buying habits, but will it last? 2008-07-20
- Oil prices tumble in biggest weekly drop ever 2008-07-18
- GM Cuts Costs to Stop Its Cash Burn 2008-07-17
- Volkswagen Waltzes Into Tennessee 2008-07-17
- German auto makers get on board the electric bandwagon 2008-07-13
- Japan's Inflation Conundrum 2008-07-11
- Toyota announces US manufacturing changes 2008-07-10
- Labor bureau: Japanese man, 45, died of overwork 2008-07-09
- Japan's Denso studying using algae to absorb emissions 2008-07-09
- Nissan plans electric cars in Portugal 2008-07-09
- GM shares fall below $10 for first time since 1954 2008-07-02
- Honda grows while US auto industry falters 2008-07-02
- General Motors holds off Toyota as June sales fall 2008-07-01
- U.S. auto giants race to go small 2008-06-25
- NHRA driver Scott Kalitta killed in crash in NJ 2008-06-22
- Chrysler takes aim at GM with hybrid SUV prices 2008-06-18
- Honda rolls out new zero-emission car 2008-06-16
- Innovative Germans let others make the profits 2008-06-15
- Toyota says to produce new hybrid battery next year 2008-06-15
- At least 6 dead, 8 missing in Japan's 7.2 quake 2008-06-14
- Video shows bystanders ignoring hit-and-run victim 2008-06-05
- J.D. Power: Vehicle quality improves industrywide 2008-06-04
- Auto sales plunge, drag market down in May 2008-06-03
- Kyle Busch wins 4th Cup race this season at Dover 2008-06-01
- Toyota set to cut U.S. sales forecast 2008-06-01
- Volkswagen, Sanyo to develop lithium-ion batteries 2008-05-28
- Honda's CEO gears up for next hybrid race 2008-05-25
- Toyota building $192M green-car battery plant 2008-05-23
Matches Shown: | 1-50 | 51-100
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| Most-viewed |
- Credit markets to Washington: Bailout isn't enough 2008-10-03
- GM shares tumble 31 percent to 58-year low 2008-10-09
- Automakers view China as one of the top markets in world 2008-04-20
- People Love Angry-Faced Cars 2008-10-06
- Bush approves $25 billion loan package for auto makers 2008-09-30
- Asian markets mixed after Australia's big rate cut 2008-10-07
- Japan says China quake to cause economic damage 2008-05-13
- Global car makers in drive for China market at key Shanghai show 2007-04-21
- Nikkei dives 9.4 percent, biggest 1-day fall since '87 2008-10-08
- German auto makers get on board the electric bandwagon 2008-07-13
- Asia, Europe markets sink after Wall Street plunge 2008-09-05
- At least 6 dead, 8 missing in Japan's 7.2 quake 2008-06-14
- Calif. sues EPA over greenhouse gas regs 2008-01-02
- Honda robots pair up to lend a hand 2007-12-11
- New Hitachi robot rolls around, crashes 2007-11-21
- Source: Chrysler, GM discuss merger, acquisition 2008-10-11
- Judge rejects automakers' emissions suit 2007-12-12
- "30 Rock" rolls ads into story lines 2007-11-28
- GM strike impact felt across borders, talks resume 2007-09-25
- No new talks planned on Koreans 2007-08-14
- Sometimes, Consumer Reports errs, too 2007-01-20
- August auto sales fall; some say worst may be over 2008-09-03
- Japan's Toyota unveils next-generation scooter 2008-08-04
- Consumers change buying habits, but will it last? 2008-07-20
- Honda grows while US auto industry falters 2008-07-02
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