February 22nd, 2010
Deal pending to sell Detroit-area Chrysler plant
Chrysler Group LLC is poised to acquire the Sterling Heights, Mich., assembly plant for $20 million from the company that has managed the automaker’s remaining assets since its emergence from bankruptcy last year.
Read more on AP via Yahoo! Finance
Share and Enjoy:
Posted in Bankruptcy | Tags: Chrysler, deal, Detroitarea, pending, plant, Sell | No Comments »
February 22nd, 2010
Chrysler agrees to buy Detroit-area plant for $20M
DETROIT (AP) – Chrysler Group LLC said Friday it has agreed to acquire the Sterling Heights assembly plant for $20 million from the company that has managed the automaker’s remaining assets since its emergence from bankruptcy last year.
Read more on WLNS Lansing
Share and Enjoy:
Posted in Bankruptcy | Tags: $20M, Agrees, Chrysler, Detroitarea, plant | No Comments »
February 22nd, 2010
Chrysler Near Deal to Buy Detroit-Area Plant
In court documents filed Thursday, Old Carco — the so-called old Chrysler — requested an order allowing it to sell the suburban Detroit plant to Chrysler Group, of which Italian automaker Fiat now owns a majority stake, the newservice aid.
Read more on New York Times
Share and Enjoy:
Posted in Bankruptcy | Tags: Chrysler, deal, Detroitarea, Near, plant | No Comments »
February 18th, 2010
Park Corp. makes $27.5 million bid for Chrysler plant in Twinsburg
The diversified owner of the International Exposition Center in Cleveland is looking to buy the plant out of bankruptcy proceedings.
Read more on Crain’s Cleveland Business
Share and Enjoy:
Posted in Bankruptcy | Tags: $27.5, Chrysler, Corp., Makes, Million, Park, plant, Twinsburg | No Comments »
February 17th, 2010
Chrysler asks delay in plan to repurchase Sterling Heights plant
STERLING HEIGHTS — Chrysler has asked for another two-week delay from the City Council as the company works to finish a deal to repurchase the assembly plant there from its bankrupt ghost company.
Read more on The Oakland Press
Share and Enjoy:
Posted in Bankruptcy | Tags: asks, Chrysler, Delay, Heights, plan, plant, repurchase, Sterling | No Comments »