Ally Financial Reports Preliminary First Quarter 2012 Financial Results

NEW YORK, April 26, 2012 /PRNewswire/ -- Ally Financial Inc. (Ally) today reported net income of $310 million for the first quarter of 2012, compared to a net loss of $206 million in the prior quarter ...

Magna Announces First Quarter Results

Magna Announces First Quarter Results

Families of car crash orphans sue Chrysler for safety flaws: Allege design ... - CultureMap Houston

Families of car crash orphans sue Chrysler for safety flaws: Allege design ... CultureMap Houston The suit alleges that the minivan "was unreasonably dangerous and defective," and that at the time the minivan left Chrysler's control there were safer alternative designs. It accuses Chrysler of negligence and breach of warranty, and asserts as well ... and more »

Chrysler Group Chairman and CEO Sergio Marchionne Named a "Michigan ... - MarketWatch (press release)

Chrysler Group Chairman and CEO Sergio Marchionne Named a "Michigan ... MarketWatch (press release) WCM has played a vital role in changing the culture at Chrysler, according to Garberding. Since its implementation, the Company has achieved major improvements in first-time quality and warranty costs, and has driven significant cost savings. and more »

Ally to Sell Non-US Units as ResCap Goes Bankrupt - BusinessWeek

Ally to Sell Non-US Units as ResCap Goes Bankrupt BusinessWeek “Despite everything we have been able to do we have had mounting litigation (ALLY) from private-label security-holders and representation-and-warranty claims. This will put us in a solid position to move forward and grow our business. and more »