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Sun Aug 3, 9:24 PM ET NEW YORK (Reuters) - Chrysler LLC's finance arm said on Sunday it had renewed its credit facilities, but had reduced the amount to $24 billion from $30 billion due to tough credit markets and changes in its retail strategy.
Chrysl..
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By Poornima Gupta and David Bailey 1 hour, 19 minutes ago DETROIT (Reuters) - Chrysler LLC said its financing arm would stop offering vehicle leases to U.S. consumers, a sharp break in strategy in response to tighter credit and the plunging resale price..
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news.yahoo.com
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9 minutes ago DETROIT (Reuters) - Chrysler LLC's financial arm is planning to stop offering vehicle lease options to consumers and would focus on financing retail vehicle purchases, spokesman Bill Porter said on Friday.
"We are shifting our strategy to..
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1 hour, 34 minutes ago LONDON (Reuters) - HSBC (HSBA.L) is underestimating problems at its troubled U.S. consumer finance arm, a rebel shareholder said on Monday and called on the bank to appoint an independent financial advisor to consider options for..
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1 hour, 7 minutes ago FRANKFURT/LONDON (Reuters) - British chip designer ARM (ARM.L) will show a prototype mobile phone based on Google's (GOOG.O) Android platform next Monday at the Mobile World Congress wireless show in Barcelona, a source close to th..
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Wed Oct 10, 5:25 AM ET LONDON (AFP) - Cadbury Schweppes said Wednesday it would split off and list its Americas Beverages division on the New York Stock Exchange after failing to find a buyer for the unit.
The US drinks arm is worth about 7.0 billion p..
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