Articles

Chrysler sticks it to Kokomo

Officials in Kokomo and Howard County are in a tough spot. The “new” Chrysler created after its bankruptcy
sale to Fiat contends it‘s no longer on the hook for $12.9 million it owes various local taxing bodies this year and
$12.3 million it will owe next year.

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Questions about â??clunkersâ??

â??Cash for clunkersâ?? has sent lots of gas-guzzlers to the scrap yard and helped car dealers move the metal.

But as Congress considers adding $2 billion to the initial $1 billion earmarked for the program, both the
political right and left…

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GM’s looming bankruptcy

So, three decades of decline has come to this for General Motors: a Chapter 11 bankruptcy petition expected
to be filed Monday.

Lots of problems contributed to its downfall, but now the carmaker faces an extremely steep climb.

The bankruptcy…

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