Cerberus Capital Management

Memo to Detroit: Change Now or Die

Steve Parker | Posted 11.15.2008 | Business

Read More: Boeing, Chevy Volt, Saturn, Chrysler, Gm, Alan Mulally, Ucla, Gary Shapiro, Rick Wagoner, Epa, W. Edwards Deming, Ford, Cars, Cerberus Capital Management, General Motors, Ces, Robert Nardelli, William Clay Ford, Nhtsa, Japan, Plug-in Hybrids, SUV Sales, Business News
Steve Parker

Most Americans think you have brought this disaster upon yourselves, with inferior, irrelevant products the past 35 years.

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Crash Test

Amy Ephron | Posted 11.12.2008 | Green

Read More: Gmac, Chrysler, Union Shop, Cerberus Capital Management, General Motors, Hybrid, Bail-Out, Nancy Pelosi, John Snow, Financial Crisis, Harry Reid, Henry Paulson, Auto Industry Bailout, Green News
Amy Ephron

I know that 600,000 jobs hang in the balance over the auto industry bailout, but wait, I have a solution. Why don't we convert the factories to alternative energy sector plants?

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GM/Chrysler merger: 200,000 unemployed, most Chrysler vehicles gone

Steve Parker | Posted 10.30.2008 | Business

Read More: Automotive News, Cerberus Capital Management, General Motors, Grant Thornton, Detroit Three, GM Chrysler Merger, Washington DC, Cars, Ford, Reuters, Business News
Steve Parker

Yesterday we posted our analysis of the much-hyped GM/Chrysler merger, quoting sources which said as many as 70,000 Americans would be thrown out of w...

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GM/Chrysler Merger - 70,000 Idled

Steve Parker | Posted 10.30.2008 | Business

Read More: Slovakia, Hemi Hybrids, Chrysler, Dodge Viper, Norway, Cars, Spain, Ford, Dodge Durango Hybrid, Chevrolet General Manager Ed Pepper, Ford Escape Hybrid, SEMA Show, Los Angeles Auto Show, Cerberus Capital Management, Daewoo Lacetti, General Motors, Greece, Robert Nardelli, Hybrid Cars, Finland, Mercury Milan Hybrid, Plug-in Hybrids, Portugal, Chrysler Aspen Hybrid, Detroit One, Chrysler CEO, Czech Republic, Kurt Busch, Bob Nardelli, National Legal and Policy Center, Ford Fusion Hybrid, GM Chrysler Deal, Detroit Three, GM Chrysler Merger, Daewoo, Chevrolet Cruze, Gmac, Peter Flaherty, South Korea, Roger Penske, Mercury Mariner Hybrid, Nlpc, Business News
Steve Parker

It wasn't hard to predict the demise of the "Hemi hybrid," but the end came a lot faster than expected. They should have given them a full year of production before, literally, pulling the plug.

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Who is a Top Exec at Cerberus/Chrysler?!?!

Steve Parker | Posted 10.25.2008 | Business

Read More: Sarah Palin Dan Quayle, GM Chrysler Deal, Detroit Three, John Snow, GM Chrysler Merger, Cars, Detroit News, Ford, Chrysler Nissan Deal, Nissan Renault, Daimler, Cerberus Capital Management, Phoenix, Dan Quayle, Phoenix Business Journal, Alaska, Treasury Secretary, Business News
Steve Parker

Whew! I thought Cerberus might really be in over their heads with their purchase of Chrysler from Daimler. Now that we know Dan Quayle is on the front lines, though, we can sleep a little sounder this evening.

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Notes on Europe - Chrysler's troubles, Nardelli speaks, VW buys-out dealers, death of a neo-fascist

Steve Parker | Posted 10.13.2008 | Business

Read More: Automotive News, Europe, John McCain, Chrysler, Cars, Volkswagen AG, Highland Park, Austria, Daimler, Daimlerchrysler, Joerg Haider, Kurt Waldheim, Wall Street Crisis, Cerberus Capital Management, Nissan Sentra, Brilliance Jinbei Automotive, Dodge, Robert Nardelli, Germany, Jeep, Brilliance, Autobahn, China, BS4, Business News
Steve Parker

Chrysler's CEO, Robert Nardelli, who has been running the company for just 14 months, fears the collapse of an "extremely fragile" auto industry amid ...

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One American Carmaker -- Our Best Solution?

Steve Parker | Posted 10.12.2008 | Business

Read More: Wall Street Bailout, Chrysler, Secret Service, Cars, Gas/Electric Hybrid, Ford, Home Depot, Aig, Daimler, Cerberus Capital Management, General Motors, Hybrid Cars, Countrywide Financial, Detroit, Nissan, Los Angeles Times, North America, Toyota, Gm, Mazda, Detroit Three, Washington DC, European Union, Times of London, Escape Hybrid, Altima Hybrid, Gmac, Wall Street, Mercury Mariner Hybrid, Hillary Clinton, Asian, Auto Industry, President Clinton, Business News
Steve Parker

If the Detroit Three were to merge into one company, ownership shared with the American people, it could benefit everyone; the carmakers, their dealers and their customers

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Major car-maker haps: Detroit gets their bailout, Daimler selling their last 20% of Chrysler, world's largest Chevrolet dealer group closes

Steve Parker | Posted 09.25.2008 | Business

Read More: Lee Iacocca, House of Representatives, Automotive News, Plymouth Prowler, Detroit Three, Dodge Viper, Chevrolet, Cars, Indian Carmakers, Ford Motor Co, Just in Time Manufacturing, Camaro, Chevrolet Volt, Chrysler, GMAC, Kanban, Daimler, Cerberus Capital Management, General Motors, Bailout, Electric Cars, Chinese Carmakers, President Bush, Business News
Steve Parker

Three major events involving the world of cars, politics and finance, both in the US and abroad. First, Automotive News reports, "Automakers and supp...

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UPDATE: Hedge Fund Ends Talks To Purchase Blackwater

ABC News | Maddy Sauer | Posted 04.30.2008 | Business

Read More: Private Security Firms, Cerberus Capital Management, Blackwater Purchase, Cerberus Purchase Blackwater, Blackwater USA, Blackwater Cerberus, Business News

ABC News reported late Wednesday that hedge fund giant Cerberus Capital Management has ended talks to purchase controversial security firm Blackwater ...

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Understanding The Chrysler-Nissan Deal

Business Week | David Welch | Posted 04.15.2008 | Business

Read More: Nissan, Chrysler, Carmakers, Cerberus Capital Management, Chrysler-Nissan Deal, Compact Cars, Carlos Ghosn, Nissan-Chrysler Deal, Business News

As a name, Renault-Nissan-Chrysler goes together like chardonnay, sushi, and barbecue. Could such a business tieup be in the works? Nissan Motor (NSA...

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