DETROIT (Reuters) – Bond restructurings, negotiated settlements with bondholders and bond insurers, and tough talk with unionized workers are on the agenda as Detroit’s emergency financial manager tries to meet a self-imposed, six-week deadline to decide whether the city can get through its financial crisis without a bankruptcy filing.

Kevyn Orr, a former bankruptcy lawyer, in his first report to the state of Michigan since Governor Rick Snyder appointed him, laid out last week a bracing picture of steps he may need to take to address the city’s troubles.

DETROIT, May 14 (Reuters) – The attorney for a Saudi Arabian
man arrested at the Detroit airport over the weekend carrying a
pressure cooker in his luggage said his client is the victim of
a misunderstanding by overzealous U.S. customs agents.

Hussain Al Khawahir, 33, was detained after arriving in
Detroit on a flight from Amsterdam.

DETROIT (Reuters) – A Saudi Arabian man was arrested in Detroit and charged with making a false statement about why he brought a pressure cooker with him on a flight from Amsterdam, according to a criminal complaint filed on Monday.

Hussain al-Khawahir, 33, arrived at the Detroit airport on Saturday and was questioned about why he had brought a pressure cooker with him. The man’s name was spelled al-Khawahir in the criminal complaint, while a spokeswoman at the U.S. attorney’s office had earlier said it was al-Kwawahir.

DETROIT (Reuters) – A meeting of U.S. Fiat dealers to discuss future products, including the arrival of Alfa Romeo models, has twice been postponed and no new date has been set, several Fiat dealers said this week.

Some of the 204 U.S. Fiat dealers are struggling to turn a profit selling several versions of the Fiat 500 subcompact and some dealers said they anxiously await more details from Chrysler and its Italian parent, Fiat SpA (FIA.MI: Quote, Profile, Research, Stock Buzz), on plans to expand products beyond what has been already announced.

DETROIT, May 1 (Reuters) – Family sedans like the Toyota
Camry and Honda Accord are losing ground this year as American
families and empty-nest baby boomers find they would rather
handle life’s daily chores in a crossover.

Midsize sedans remain the single largest segment of the U.S.
auto industry. But their share of the industry has shrunk this
year, alongside a gain for vehicles like the Ford Escape,
executives and analysts said on Wednesday.

By Bernie Woodall and Deepa Seetharaman

(Reuters) – Chrysler Group LLC’s auto sales rose 11 percent in April, led by strong demand for its Ram pickup trucks, the company said on Wednesday.

Chrysler sales of 156,698 vehicles slightly beat analysts’ expectations and were in line with projections for an 11 percent sales increase industrywide.

DETROIT/MILAN, April 29 (Reuters) – Carmaker Fiat’s
first-quarter profit slumped more than expected as its U.S. unit
Chrysler’s sales suffered from the phase-out of the Jeep Liberty
pending a new model launch.

“We knew we would be limping in the quarter. I just didn’t
think I was going to limp that much,” said Sergio Marchionne,
chief executive of both Chrysler and its parent Fiat, on a
conference call with analysts and reporters.

DETROIT/MILAN, April 29 (Reuters) – Carmaker Fiat’s
first quarter profit slumped more than expected as its U.S. unit
Chrysler’s sales suffered from the phase out of the Jeep Liberty
pending a new model launch.

“We knew we would be limping in the quarter. I just didn’t
think I was going to limp that much,” said Sergio Marchionne,
chief executive of both Chrysler and its parent Fiat, on a
conference call with analysts and reporters.

DETROIT/MILAN, April 29 (Reuters) – Carmaker Fiat’s
first quarter profit slumped more than expected as its U.S. unit
Chrysler’s sales suffered from the phase out of the Jeep Liberty
pending a new model launch.

“We knew we would be limping in the quarter. I just didn’t
think I was going to limp that much,” said Sergio Marchionne,
chief executive of both Chrysler and its parent Fiat, on a
conference call with analysts and reporters.

By Bernie Woodall

(Reuters) – Chrysler Group LLC’s quarterly profit fell 65 percent as it absorbed the costs of new-vehicle launches, the company said on Monday.

The No. 3 U.S. automaker also reaffirmed its financial forecasts for 2013, including net income of about $2.2 billion.