Ontario writes off $445M in old Chrysler debt from bailout
Ottawa wrote off $2.6 billion last year that it wouldn’t collect from the automaker.
Lee Iacocca, engineer of Chrysler’s turnaround, dies at 94
In his 32-year career at Ford, and then at Chrysler, Iacocca helped launch some of Detroit’s bestselling and most significant vehicles.
Bains in Windsor after Chrysler announces 1,500 job cuts at plant
Automaker cutting the third shift, which produces the Chrysler Pacifica, its hybrid version, and Dodge Grand Caravan.
Bitter cold and natural gas shortages shutter auto plants
At least 18 factories and other facilities run by General Motors, Ford and Fiat Chrysler affected.
GM reaffirms Oshawa closure after meetings with Ontario and federal officials
About 2,600 unionized workers and 340 other staff to lose jobs.
Liberals write off $6.3B in loans, including $2.6B to automaker
Key to the jump was a writeoff that was part of a financing package to keep automaker Chrysler afloat during the recession.
Sergio Marchionne, who saved Fiat and Chrysler, has died
Unexpected complications from surgery in Zurich.
US auto sales tumble in what could be first annual drop since 2009
Of major automakers, only Hyundai and Volkswagen reported increases.
New vehicle sales drop in October
Ford sales numbers delayed by fire.
Canadian workers at Detroit Three automakers give union strike mandate
Unifor has threatened job action if it doesn’t get an agreement before midnight on Sept. 19.
More pain for auto sector in 2009 than Alberta’s oil woes: feds
Major oil companies haven’t approached governments for assistance and remain in relatively good financial shape.
Rocking the 60s
PLANT and the decade of change.
Ontario provides $85M for Chrysler expansion in Windsor
Funds will be used to upgrade minivan plant and help finance an R&D project in Windsor.
FCA accelerates NAFTA shift from passenger cars
Transition will impact the automaker’s manufacturing footprint across the globe.
China fines Nissan joint venture $19.3M in anti-monopoly crackdown
Authorities say Dongfeng Nissan Auto Sales Co. violated anti-monopoly laws by improperly enforcing minimum prices.