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Mulally Makes Millions – Marchionne Zip – for 2011

Ford CEO Alan Mulally received a $58.3 million stock bonus for his efforts in turning around the number two U.S. automaker. But despite its own corporate turnaround, Chrysler provided no compensation...

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Chrysler Back – Minus Dirty Harry – With New “Halftime in America Ads”

Chrysler's roundly applauded "Halftime in America" ad campaign is back - albeit without Clint Eastwood. As TheDetroitBureau.com reports, a new series of spots, collectively titled "Second Half," air...

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Chrysler Delivers Best Earnings in 13 Years

Chrysler is "maintaining its focus," says CEO Sergio Marchionne, after announcing $473 million in first-quarter earnings -- its biggest quarterly profit in 13 years and more than the marker earned in...

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Chrysler Seeking New Finance Partner

Chrysler doesn't want to ally with Ally. The Detroit maker wants to end the marriage forced on it during its federal bailout and line up an alternative finance partner. More from TheDetroitBureau.com.

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Romney: I Saved Auto Industry by Opposing Bailout

GOP presidential contender Mitt Romney has tried to benefit from opposition to the auto bailout - but now wants credit for its success. In an interview, the son of the former head of American Motors...

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Auto Bailout Cost Now Upped to $25 Billion

American taxpayers could wind up losing as much as $25 billion on the 2008 – 2009 automotive bailout, according to a new report, a figure that has increased by 15% since an earlier forecast, in large...

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Survey: Many New Car Buyers Think General Motors Will Have to File Bankruptcy...

A new report from an automotive industry newsletter says nearly a quarter of all potential car buyers are concerned that General Motors will file for bankruptcy again within the next few years. CNW...

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Auto Industry Helped Tilt Vote Towards Obama

Even as analysts pour over the data trying to get a clear understanding of what led President Barack Obama to victory on Tuesday, there’s a growing sense that the auto industry played a significant...

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It’s Chrysler’s Turn to Save Fiat

It's Chrysler's turn to save Fiat from financial disaster, Sergio Marchionne, the CEO of both makers, revealed. He made his comments during the announcement of a major expansion at Chrysler that will...

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Auto Bailout Loss Estimate Dips – Still Likely to Top $20 bil

With General Motors’ stock rising by as much as 60% since last summer, the long-term cost of the 2009 auto industry bailout has shrunk substantially – but would still top $20 billion at the current GM...

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Tesla, Chrysler Get into Sniping Match

It began with a seemingly innocuous statement from Tesla Motors but has quickly escalated into a spitting match with Detroit’s third-largest automaker, Chrysler. Which automaker really was first to pay...

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Chrysler Gets Creative to Bolster Bottom Line

The Chrysler Group has found a creative way to bolster its bottom line, shaving millions off the interest costs it will pay for the loan that helped it pay off its 2009 bankruptcy bailout....

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Fiat Completes Chrysler Takeover

The news comes a day later than originally promised but after establishing their alliance nearly five years ago, suburban Detroit-based Chrysler Group is now a wholly-owned subsidiary of Fiat SpA....

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Government Lost $9.26 Billion Saving Auto Industry

The U.S. government lost less than $10 billion rescuing the auto industry, which was four times less than some estimates. The Treasury initially estimated the loss would be $44 billion, but revised it...

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