Tag: funds

By on May 26, 2015

Chrysler 300 (Aus)

The Chrysler 300, thought by many to be a modern day “gangster” car, has tons of power. But, as they say, absolute power corrupts absolutely, and for former FCA Australia CEO Clyde Campbell, it still may not be enough to escape accusations of misappropriation of funds.

Tomorrow, FCA will take Campbell to federal court in Australia claiming he funneled money to other companies owned by himself, his wife, co-workers, and his successor – Victoria Johns.

(Read More…)

By on January 12, 2012

Ford’s Australia branch is getting $34 million AUD (roughly $35 million U.S. dollars) plus an unspecified contribution from the government of Victoria (an Australian state), to sustain a Ford plant in Melbourne.  Total investment is said to be roughly $105 million USD. Holden, GM’s Australian division, is looking for some government funds too, and its raising questions about the viability of Australia’s domestic car industry.

(Read More…)

Recent Comments

  • Shockrave Flash Has Crashed: Rust got mine, trunk and brake lines.
  • kcflyer: Well, the midterms are only a few months away. If Dems are going to use covid fears to push out millions of...
  • ToolGuy: @Arthur Dailey, yours is a thoughtful post. When I commuted to work in a series of EV’s starting 10...
  • FreedMike: Sorry you feel that way, Art…I used to like talking to you before you decided to be a jerk. The only...
  • FreedMike: @Arthur: “Why have tuition fees increased astronomically over the past few decades?” A) People...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Jo Borras
  • Mark Baruth
  • Ronnie Schreiber