Kevin Krolicki

Will Detroit's cash crisis kill the electric car?

By Kevin Krolicki and Nichola Groom LOS ANGELES (Reuters) - Call it an economic and environmental murder mystery in the making: Will a cash-strapped Detroit kill the electric car -- again? Stung by an association with...

Will Detroit's cash crisis kill the electric car?

Call it an economic and environmental murder mystery in the making: Will a cash-strapped Detroit kill the electric car -- again? Stung by an association with gas-guzzling SUVs and pushed to the brink of failure by plunging...

UAW chief says U.S. carmakers need urgent loan

DETROIT (Reuters) - U.S. automakers urgently need a loan to survive plunging vehicle demand but their workforce has already made enough concessions, United Auto Workers President Ron Gettelfinger said on Saturday.

Enterprise keeping rental fleet longer

Kevin Krolicki, Reuters Published:Â Saturday, November 15, 2008 Enterprise Rent-A-Car, the largest U. S. car rental agency, is keeping its fleet of cars and trucks in service longer to trim costs in response to the economic...

Minnesota car dealer sues Chrysler Financial

DETROIT (Reuters) - A Minnesota car dealer sued Chrysler Financial Services on Thursday, accusing it of acting in bad faith by freezing credit lines and thereby frustrating day to day operations and the planned sale of a rental...

US auto rescue would include govt equity- Chrysler

PALM DESERT, Calif., Nov 13 (Reuters) - Chrysler Chief Executive Bob Nardelli said on Thursday that he expects any U.S. government bailout of the U.S. automakers to include a government equity stake in the companies. Nardelli...

Chrysler urges bailout, Washington split (Reuters)

Reuters - Goldman Sachs suspended its rating on General Motors Corp on Thursday and said the automaker needs at least $22 billion in federal aid, while Chrysler said it would be "very difficult to survive" without government...

Hyundai, Chrysler in talks as GM pulls out-sources

NEW YORK/DETROIT, Nov 7 (Reuters) - South Korea's Hyundai Motor Co has had talks with Chrysler LLC owner Ceberus Capital Management about a potential acquisition of the struggling U.S. automaker's Jeep brand and possibly other...

UPDATE 2-Hyundai, Chrysler in talks as GM pulls out-sources

By Jui Chakravorty Das and Kevin Krolicki NEW YORK/DETROIT, Nov 7 (Reuters) - South Korea's Hyundai Motor Co (005380.KS: ) has had talks with Chrysler LLC owner Cerberus Capital Management about a potential acquisition of the...

UPDATE 2-GM burns through $7 bln, says needs more cash

Q3 loss $7.35 per share ex-items, worse than expected * GM burns through $6.9 bln in cash, ends Q3 with $16 bln * Will cut costs by another $5 bln through 2009 (Adds details on cash burn, background, byline, share price) By...

1 2 3 4 5 next »