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Chrysler looks at auto alliance with Chinese (Miami Herald)

Chrysler LLC, looking for foreign partnerships to help drive its business as U.S. sales slump, announced a deal with China's Great Wall Motor Co. on Friday to study sharing technology, components and distribution.

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Plastech paid the Brown family $6.4M (Crain's Detroit Business)

As the five-month breakneck bankruptcy case comes to a close, a final chapter was written this week when Crain’s obtained documents Plastech’s lawyers had tried to keep private: compensation details for CEO Julie Brown, her husband, Jim, and...

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Chrysler says no basis to bankruptcy rumor (Washington Post)

DETROIT (Reuters) - A spokesman for Chrysler LLC said on Thursday that market rumors of a bankruptcy filing by the privately held automaker were "without merit," saying the company had ample liquidity.

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Auto supplier Delphi to sell exhaust business (Miami Herald)

Auto parts supplier Delphi Corp. says it's seeking buyers for its vehicle exhaust equipment business as it reorganizes under Chapter 11 bankruptcy protection.

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US Economic Round Up -- Stimulus Checks Boost Consumer Spending, Consumer Sentiment At 28-Year Low (Nasdaq)

(RTTNews) - Friday's economic news flow was dominated by the release of data showing that US personal income and spending rose more than expected, as well as a report showing that consumer sentiment dwindled to its lowest in almost three decades.

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