Chrysler launches money-back guarantee (Reuters)

WILMINGTON/DETROIT (Reuters) - Italian automaker Fiat must more than double its offer for a 3.3 percent stake in automaker Chrysler Group LLC that is held by a union-related trust, the trust claimed in a countersuit filed on Monday. Fiat's offer of $139.7 million is "substantially below fair market value," the United Auto Workers-affiliated trust said in documents filed in Delaware's Court of Chancery. Fiat must pay at least $342 million for the stake, the UAW trust said in its response, which came nearly two months after Fiat sued the trust for failing to sell the shares. ...

AUSTIN, Texas (Reuters) - The chief executive of Chrysle

AP - THE OFFER: Chrysler Group LLC is offering a 60-day money-back guarantee on the Dodge Grand Caravan and Chrysler Town & Country minivans.

(Reuters) - Italian automaker Fiat must pay at least $342 million for a 3.3 percent stake in automaker Chrysler Group LLC that is held by a union-related trust, the trust claimed in court documents filed on Monday. The United Auto Workers healthcare trust said Fiat's offer of $139.7 million for the Chrysler stake was substantially below the fair market value, according to documents filed in Delaware's Court of Chancery. Fiat sued the UAW trust in September for failing to sell the stake. As part of the 2009 agreement with the U.S. ...

WILMINGTON/DETROIT (Reuters) - Italian automaker Fiat must more than double its offer for a 3.3 percent stake in automaker Chrysler Group LLC that is held by a union-related trust, the trust claimed in a countersuit filed on Monday.

Remember all those soaring German confidence indices that said ignore the negative GDP print and focus on a future so bright, ze Germans've got to wear Zeiss? Appears the confidence may have been a tad massaged upwards because following a spate of weak corporate results out of Europe's growth dynamo, the German HDE retail association said Christmas sales for November and December were down some 0.7% from the prior year.

ETF Database submits: Equity markets have been very choppy as of late, as traders remain unsure of the market’s direction going into the summer. With details of the financial reform, Gulf oil spill and the recent G-20 summit swirling, uncertainty is running high as the curtain falls on the second quarter. However, recent news on the consumer front may suggest that things have bottomed out.

General Motors says it is launching its ambitious 'May the Best Car Win' campaign to reverse its sinking market share. The program begins Monday and lasts through November. Desperate to reverse its sinking market share, General Motors Co.