QuickNews

The Financial Times said that although Cerberus invested US$7.4-billion in both transactions, it has since sold the majority of the equity to other investors, citing unnamed people familiar with the situation. Cerberus earned fees of up to US$1-billion for the sale of its holdings as it unloaded risk to other investors, the newspaper said. Chrysler [...]

Get over it. Oh please. As if Detroit and the Big Three are above reproach. Obama simply shared a memory of a dismal ride from the 1970s, a Granada. Even if you are loyal to Ford or GM or Chrysler, you can’t argue they never ever produced a dud, especially in the 1970s. My first [...]

If youre in the market for a new Chrysler, Jeep or Dodge and want to spend less than $3 per gallon, well we might have something for you. The new Chrysler Lets Refuel America program offers a gas card with the purchase of any Jeep, Dodge or Chrysler (sorry, SRT and Vipers not eligible). Lets [...]