Tom Lasorda Named New Fisker CEO

Fisker Automotive announced today that former Chrysler head Tom LaSorda will replace the company’s namesake, Henrik Fisker, as the new CEO.

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Report: Chrysler Deputy CEO Jim Press to Leave By Year's End

Chrysler’s deputy CEO Jim Press is planning to quit his post before the year’s end, reports the Wall Street Journal.

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Former Chrysler President Tom LaSorda to Advise Penske on Saturn Purchase

The possibility that Penske Automotive Group may in fact purchase the Saturn brand from General Motors has just increased significantly. Penske has acquired the services of former Chrysler President Tom LaSorda as an adviser on the bid.

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Before Bankruptcy Chrysler Tried to Sell to Chinese, Partner With Everyone

Before Chrysler filed for Chapter 11 late last week the automaker explored every option, including selling the company to the Chinese and forging partnerships with any other manufacturer that expressed even a remote amount of interest.

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CAW Burns Nardelli/LaSorda Letter and Responds With Its Own

The Canadian Auto Workers union, after burning the letter written by Chrysler CEO Bob Nardelli and joint-president Tom Lasorda, has now responded with its own statement.

CAW president Ken Lewenza denies that a $19 labor gap exists between Canadian and U.S. workers and refuses to re-negotiate a contract that has already been re-neogotiated. 

Lewenza calls the $76 per hour wage “inflated and artificial” and says that it, “includes many non-relevant factors, such as expenses associated with retirees who have not worked at Chrysler for years, and payroll taxes which are paid to government not to workers.” He continues: “Perhaps most galling of all, Chrysler’s number even includes the proportional cost of downtime and lay-offs. In essence, we are being ‘charged’ for our own unemployment. The best way to reduce that artificial $76 number is to put Chrysler workers back to work: that alone would reduce hourly costs by several dollars per hour.”

Regardless of how you view the statistics, Lewenza makes two other strong points. First, he says that Toyota and Honda (both of which are non-unionized) have made it well-known that they match wages and other benefits with unionized automakers. In other words, the wage that Chrysler employees are making is fair because it’s what the other companies are paying their staff. Second, Lewenza says that the bond holders haven’t had to make any concessions at all.

Unfortunately for Lewenza and the CAW, it doesn’t matter what they say and it seems that if the $19 gap isn’t closed then Fiat won’t partner with Chrysler, the federal governments in both Canada and the United States won’t keep the cash flowing. As a result Chrysler will be forced into bankruptcy, something Lewenza calls, “an increasingly likely prospect.”

Read the full letter after the jump:

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Financial Crisis Not All Bad: Chrysler to Can PT Cruiser

Despite the fact that the last news article regarding the PT Cruiser on Chrysler media site is titled “PT Cruiser Continues to Shine in 2009,” Chrysler president Tom LaSorda has announced that in an effort to save money the company will cease production of the retro van, car, truck, thing. The news comes after a record low sales year for the PT, which suffered a 49 percent drop in sales in 2008.

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