Canada Chrysler

Chrysler Bellies Back Up to the Corporate Welfare Trough

Mark Milke | Posted 04.19.2014 | Canada Politics
Mark Milke

Corporate welfare is the ultimate evasion of responsibility. It helps companies avoid the consequences that consumers would otherwise assign to them, the evasion demonstrated rather clearly by Chrysler's two government bailouts in a generation.

Thinking Growth Markets? Think Mexico, Again.

Peter Hall | Posted 03.31.2014 | Canada Business
Peter Hall

One brief look at Mexico's GDP numbers for 2013, and you'd likely say, "What happened?" At the outset of the year, forecasts were calling for between 3-to-4 per cent growth. Instead, the final tally is looking more like 1.2 per cent. That's a pretty sizeable miss. If lots went wrong in the year, foreign investment in Mexico wasn't on that list; in fact, it had a banner year. What's behind this success?

Will Chrysler Put $1 Billion Into Ontario?

CBC | Posted 03.15.2014 | Canada Business

Ontario's Minister of Economic Development, Trade and Employment will be at the International Auto Show in Detroit this week. Eric Hoskins will...

The Taxpayer's Gift to Chrysler

Mark Milke | Posted 08.06.2013 | Canada Business
Mark Milke

Back in June 2009, the federal and Ontario governments decided to use massive amounts of taxpayer cash to rescue General Motors and Chrysler, two corporations deemed too big to fail. The cost to Canadians was US$13.7 billion: $10.8 billion to GM and $2.9 billion to Chrysler.

Sales Revved Up In November

CP | Dee-Ann Durbin And Tom Krisher, The Associated Press | Posted 02.02.2013 | Canada Business

DETROIT - Superstorm Sandy gave an extra boost to U.S. auto sales, making November the best month for carmakers in nearly five years.Toyota, Volkswage...

Have We Traded Our Iconic Brands for One Hit Wonders?

Mitch Joel | Posted 01.27.2013 | Canada Business
Mitch Joel

The speed with which our world now lives could well put an end to the world of iconic brands. Before all of this connectivity, a great brand could stand the test of time. It now seems like insanity. The Beatles were iconic. Do you believe that any of the musicians today that we admire will be able to leave this kind of legacy? What about companies?

Will A Strike Be Averted?

CP | Will Campbell, The Canadian Press | Posted 11.16.2012 | Canada Business

TORONTO - The head of the Canadian Auto Workers says the union is going to focus its negotiations with the Big Three automakers on reaching a deal wit...

Auto Makers Making Huge Demands Ahead Of Strike Deadline: CAW

CP | Posted 09.10.2012 | Canada Business

TORONTO - The Canadian Auto Workers union says it's facing "unprecedented" demands from General Motors, Chrysler and Ford that would create a two-tier...

Chrysler Canada Sales Highest In A Decade

CP | Sunny Freeman, The Canadian Press | Posted 01.31.2012 | Canada Business

TORONTO - Canadians returned to auto dealerships in November, driving the strongest growth in overall vehicle sales since the summer in what is usuall...

Auto Unions Buy More Time As Talks Lack Bluster

CP | Dee-Ann Durbin,Tom Krisher, The Associated Press | Posted 01.12.2012 | Canada Business

DETROIT - Negotiations between General Motors, Chrysler and the United Auto Workers union carried on Thursday even though bargainers missed a deadline...

Bailout Repayment Pushes Chrysler Into The Red

CP | Tom Krisher, The Associated Press | Posted 09.24.2011 | Canada Business

DETROIT - Chrysler retreated to a loss for the second quarter, but only because the expense of shedding its government debt erased what would have been a modest profit.

The company, just two years out of bankruptcy protection, maintained that there are healthy signs despite the loss. Its turnaround continues with a revamped lineup of cars and trucks that is drawing more customers to showrooms.