shares
FCA to Spin Off Ferrari Into Separate Company
Fiat Chrysler Automobiles plans to spin of its most iconic brand into a separate company.
Trial Date Set to Value Remaining Chrysler Share
The UAW Healthcare Trust that owns 41.5 percent of Chrysler will have almost another year to argue with Fiat over what its share of the company is worth.
Chrysler Files IPO, Speeds Valuation of VEBA Shares
Chrysler filed for an IPO today in a move that could help Fiat acquire the remaining 41.5 percent stake that it does not currently own.
UAW Head Bob King Slams Ford CEO’s $56.5 Million Compensation
UAW chief Bob King slammed Ford CEO Alan Mulally’s $56.5 million stock package, claiming that “I don’t think any human being in the world deserves that much money.” While certain to raise the ire of Ayn Rand fanatics everywhere, King is amping up the rhetoric ahead of the United Auto Workers “bargaining conference” where strategies…
UAW Official Hopes Ford Will Share Profits Amid Executive Stock Offerings
With Ford awarding more than $130 million in stock to its top executives, the UAW official in charge of Ford is optimistic that the company will also compensate union members who build the vehicles that Ford sells. “I am going to look at that on the up side and say that I know that they…
