Read comments heard from movers and shakers at Cobo Center during taping of a special “Michigan Matters” program which airs this Sunday 11:30 a.m. on CBS 62.
We’re taking this space as the year wraps up to bring you the biggest, most controversial stories that dominated Motown in 2012.
Chrysler plans to open an office in downtown Detroit with room for 70 employees that includes space for the automaker’s CEO Sergio Marchionne.
Chrysler Group has announced that it’s strengthening its ties with Detroit by adding a third crew and 1,100 new jobs at its Jefferson North Assembly Plant.
UAW president Bob King has summoned local Chrysler leaders to Detroit for a meeting on Monday.
It’s not the recovery that’s in trouble, according to Chrysler CEO Sergio Marchionne, it’s the expectations.
Marchionne was reminded of a 2008 op-ed column in which Romney urged the federal government to force automakers into a “managed bankruptcy.”
Chrysler is ready to pay back its government loans, with money borrowed from the private sector.
Chrysler CEO Sergio Marchionne says he thanked the Treasury Secretary for the funding and support, which has now become unnecessary, since Chrysler can now get funding from banks.
Fiat and Chrysler CEO Sergio Marchionne says the two automakers potentially could generate combined revenues of euro100 billion ($141 billion dollars) by 2014.