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  • Chrysler get a new logo;Viper production to end in July 2010

    Number of comments: 1
    From the article: “At the Chrysler business plan meeting this morning, Ralph Gilles, CEO of the Dodge car brand, dropped big news on the Viper. After going back and forth for the past 18 months on what to do with Viper, Chrysler has decided that production of the current Viper [...]
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    Posted: November 04, 2009, 12:15pm EST
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  • Chrysler To Build Three Dodge Vehicles; Considers Midsized Truck

    Number of comments: 15
    Chrysler Group LLC plans to introduce three new Dodge vehicles and is considering building a midsized pickup truck as it looks to rejuvenate its product portfolio and attract customers. The details are the first to emerge from Wednesday’s five-year business plan meeting at Chrysler’s headquarters in Auburn Hills, Mich. Chief Executive Officer [...]
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    Posted: November 04, 2009, 11:07am EST
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  • Chrysler sues Daimler over diesel engines

    Number of comments: 25
    Chrysler Group LLC has sued Daimler AG, accusing the German automaker of failing to uphold parts delivery contracts and jeopardizing the production of key 2010 vehicles. The Auburn Hills, Michigan-based company said without the parts it will be unable to produce several 2010 model-year vehicles, including the Chrysler 300 and the [...]
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    Posted: August 26, 2009, 10:40am EDT
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  • Chrysler may replace LX platform with Fiat technology

    Number of comments: 25
    From the article: “Chrysler Group LLC may retire the engineering used to make its iconic 300C sedan in favor of more modern architecture jointly developed with Fiat SpA, said two people familiar with the situation. The so-called “LX” platform, which was used to produce more than 210,000 cars last year, would [...]
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    Posted: August 06, 2009, 9:31am EDT
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  • Same old problem haunt new purchased Chrysler

    Number of comments: 25
    From the article: “Chrysler was reborn Wednesday under a new Italian parent, but it can’t shake the shadows of its past: It’s not selling enough cars, its fleet is tilted to trucks and SUVs, and help is more than a year away. A 42-day stay in bankruptcy court cleansed the company [...]
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    Posted: June 10, 2009, 11:47pm EDT
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  • Nardelli out; Robert Kidder to become Chrysler chairman

    Number of comments: 25
    Chrysler LLC selected C. Robert Kidder, former chairman of Borden Chemical and Duracell Chairman, to become chairman of a reorganized Chrysler. Mr. Kidder, currently the lead director of Morgan Stanley, will succeed Robert Nardelli, who will step down as chairman and chief executive when the auto maker emerges from Chapter 11 [...]
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    Posted: May 20, 2009, 6:34pm EDT
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  • Opinion: Small Town Chrysler… Memories Served…

    Number of comments: 24
    From the article: “The car business is a great business. Despite the economic downturn and widespread recession- basically ruining domestic car sales- the car business is a simple business of people and cars. It’s a fun business. It’s exciting as jobs go. You’re selling what people want, what they’re happy [...]
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    Posted: May 17, 2009, 1:02pm EDT
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  • Bloomberg: Chrysler Plan Makes Dealers Feel Like ‘Piece of Meat’

    Number of comments: 25
    From the article: “Stanley Balzekas Jr. served in the U.S. Army and survived six months in World War II German prison camps. His Chicago Chrysler-Jeep franchise won’t survive the automaker’s cutbacks. Balzekas’s family has been in the business since 1919, when his father, Stanley Sr., a blacksmith from Lithuania, opened his [...]
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    Posted: May 15, 2009, 2:11pm EDT
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  • Fiat CEO to take over Chrysler; interested in Saab

    Number of comments: 25
    From the article: “Fiat SpA Chief Executive Officer Sergio Marchionne plans to take charge of Chrysler LLC after it emerges from bankruptcy within the 60-day time frame set by President Obama’s administration. “Chrysler is on track to re-emerge from bankruptcy in 60 days,” Marchionne said in an interview. “I will [...]
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    Posted: May 06, 2009, 5:49pm EDT
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  • Chrysler to sell all assets to Fiat; LaSorda retires

    Number of comments: 25
    Chrysler LLC is expected to file a motion Saturday to sell substantially all of its assets to Italian automaker Fiat Group SpA, but the ailing automaker must still deal with creditors who refused to come to a deal to erase the company’s debt. Attorneys for Chrysler say eight plants will not [...]
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    Posted: May 02, 2009, 11:09am EDT
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  • Chrysler Files for Bankruptcy

    Number of comments: 25
    Chrysler LLC, the smallest of the Big Three U.S. automakers, filed today for bankruptcy protection in New York to streamline operations and shed debt in a reorganization that includes Italy’s Fiat SpA as a partner. The iconic automaker, which survived a near-death experience in 1979, missed a U.S. government deadline to [...]
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    Posted: April 30, 2009, 1:18pm EDT
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  • Breaking News: Obama Said to Plan for Chrysler Bankruptcy, Alliance

    Number of comments: 7
    President Barack Obama aims to announce tomorrow that Chrysler LLC will be placed into Chapter 11 bankruptcy, leading to an alliance with Italian automaker Fiat SpA, people involved in the matter said. Administration officials are still resolving outstanding issues, and the plan isn’t finished yet, said one of the people, who [...]
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    Posted: April 29, 2009, 6:12pm EDT
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  • Breaking News: Chrysler lenders, US Treasury reach a deal

    Number of comments: 15
    The U.S. Treasury reached an agreement with Chrysler LLC’s lenders that may help the troubled automaker avoid bankruptcy, a source briefed on the matter said on Tuesday. The details of the deal were not immediately available, the source said. Chrysler’s first-lien lenders, owed $6.9 billion in secured loans, have agreed to write [...]
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    Posted: April 28, 2009, 11:47am EDT
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  • Breaking: U.S. Is Said to Prepare Filing for Chrysler Bankruptcy

    Number of comments: 25
    The Treasury Department is preparing a Chapter 11 bankruptcy filing for Chrysler that could come as soon as next week, people with direct knowledge of the action said Thursday. The Treasury has an agreement in principle with the United Automobile Workers union, whose members’ pensions and retiree health care benefits would [...]
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    Posted: April 23, 2009, 3:54pm EDT
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  • Fiat anticipates a deal by April 30 deadline

    Number of comments: 25
    The chief executive of Fiat SpA said Wednesday he doesn’t see obstacles to closing a deal with Chrysler LLC by an April 30 deadline, adding he would do what it takes to fix the ailing U.S. car maker. “There is not a single reason why Fiat can’t close (the deal by) [...]
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    Posted: April 15, 2009, 1:35pm EDT
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  • 2011 Jeep Grand Cherokee unveiled

    Number of comments: 25
    From the press release: “• New Quadra Lift™ air suspension system provides height control and lifts vehicle up to 4.5 inches from park mode to a maximum ride height of 11.1 inches to deliver legendary Jeep off-road capability • Choice of three 4×4 systems – Quadra-Trac I®, Quadra-Trac II® and Quadra-Drive® [...]
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    Posted: April 08, 2009, 8:25am EDT
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  • Chryslers selects A123Systems to build ENVI components

    Number of comments: 12
    From the article: “Chrysler LLC selected Massachusetts-based A123Systems to build lithium ion battery cells, packs and modules for its electric cars, which are expected to hit the market in late 2010. The electric vehicle components will be used in Chrysler’s ENVI vehicles, which have been in development for nearly two years, [...]
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    Posted: April 06, 2009, 1:33pm EDT
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  • Obama administration pushes for Fiat partnership

    Number of comments: 25
    from the article: “Chrysler will get $6 billion in aid only if it completes a partnership with Italian carmaker Fiat SpA in 30 days, said the administration official, who spoke to reporters and declined to be identified before Obama presents the decision. Unless it combines with Fiat, Chrysler won’t get [...]
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    Posted: March 30, 2009, 2:32am EDT
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  • Detnews reviews the 2009 Chrysler 300C SRT8

    Number of comments: 25
    From the article: “More importantly, for the 2009 model, engineers changed out some of the suspension to give it a smoother ride and recalibrated the antilock brakes and electronic stability program to make it even sportier. Even in the normal stability control setting, which would be the most restricting, the [...]
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    Posted: March 15, 2009, 11:53am EDT
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  • Chrysler to lean on Fiat for vehicle redesigns

    Number of comments: 25
    Chrysler LLC’s recovery plan is a daring gamble, relying on other car makers for many coming models while sharply scaling back the company’s own product-development capability. Chrysler plans to launch 24 new or redesigned vehicles in the next 48 months. Most will come not from its own development labs but from [...]
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    Posted: March 09, 2009, 3:06pm EDT
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  • Chrysler outlines new products in its Viability Plan

    Number of comments: 25
    Chrysler’s product line is a key component of its Viability Plan. In 2010, the Company will launch four highly successful platforms: a new Jeep Grand Cherokee, a new Dodge Charger, a new Dodge Durango and a new Chrysler 300 (the most awarded car in automotive history since its launch in [...]
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    Posted: February 17, 2009, 5:00pm EST
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  • Chrysler January sales down 55%

    Number of comments: 25
    Jeep(R) Wrangler sales increased 4 percent (6,362 units) compared to January 2008 (6,137 units). - Dodge Journey sales continued to climb as sales reached 3,092 units. - Dodge Challenger sales reached 2,757 units, up 6 percent over December 2008. - Dodge Avenger sales increased 6 percent (2,171 units) versus December 2008. - The Company [...]
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    Posted: February 03, 2009, 11:31pm EST
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  • Chrysler and Chrysler Financial at odds

    Number of comments: 25
    David Kelleher, the owner of two Chrysler dealerships in metropolitan Philadelphia, like most of the auto maker’s dealers, borrows money from Chrysler Financial to stock his lots. He has seen firsthand the conflict between the two businesses. Last week a Chrysler Financial district manager told him an analysis of his [...]
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    Posted: February 01, 2009, 9:46pm EST
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  • FT: Fiat has agreed to buy 35% of Chrysler

    Number of comments: 25
    Fiat SpA has agreed in principle to take up to a 35 percent stake in Chrysler LLC with an option to increase its stake, the Financial Times reported today, citing people familiar with the negotiations. Fiat would invest in some of Chrysler’s plants to build cars for the Milan, Italy-based [...]
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    Posted: January 19, 2009, 4:19pm EST
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  • Breaking: Fiat in talks with Chrysler

    Number of comments: 1
    Fiat SpA is in talks with Chrysler LLC over the possibility of taking a stake in the U.S. automaker as part of a strategic partnership that could allow Fiat to manufacture and sell its small cars in the U.S., according to a person familiar with the matter. As part of the [...]
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    Posted: January 19, 2009, 2:59pm EST
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  • Marketwatch: Nissan-Renault to buy Jeep; Magna to buy the Belvidere plant?

    Number of comments: 25
    From Marketwatch:Chrysler is in talks to sell key assets to the Renault-Nissan partnership and to supplier Magna, Reuters reported, citing people with knowledge of the discussions. Chrysler, which is mostly held by Cerberus Capital Management, is in talks to sell the Jeep brand to Renault and Nissan, the French and [...]
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    Posted: January 14, 2009, 6:58am EST
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  • Magna hires Wolfgang Bernhard; fuels talks of a Chrysler sale

    Number of comments: 7
    From the article: “Magna International Inc., a Canadian auto supplier that previously expressed an interest in buying Chrysler, has hired Wolfgang Bernhard — the former chief operating officer of Chrysler and a veteran automotive executive — as a consultant, the Free Press confirmed Tuesday. Bernhard also worked with Cerberus Capital Management [...]
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    Posted: January 14, 2009, 6:54am EST
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  • Chrysler unveils latest electric concept: Chrylser 200C EV

    Number of comments: 25
    From allpar.com: The Chrysler 200C concept is not actually based on the LX platform, but it is rear wheel drive and somewhat smaller than the 300C. The car appears to be a short-wheelbase version of the next generation LX; the people we spoke with could not provide details, as one would [...]
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    Posted: January 11, 2009, 1:53pm EST
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  • Chrysler talks down sales talks

    Number of comments: 4
    Chrysler LLC, rescued from collapse by a $4 billion U.S. loan, isn’t “hibernating” while waiting for another company to buy it, Chief Executive Officer Robert Nardelli said. The third-largest U.S. automaker will begin selling 24 new models in the next 4 years and is committed to being a “viable,” standalone company, [...]
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    Posted: January 11, 2009, 11:52am EST
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  • Chrysler to produce electric cars in 2010

    Number of comments: 3
    In a bid to make a splash at the Detroit auto show, Chrysler LLC said it expects to start producing an electric car in 2010. The company, however, revealed few details that normally come with such announcements, such as what type of vehicle it will make – or its name. “We’re not [...]
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    Posted: January 11, 2009, 1:18am EST
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  • Chrysler Weblog Top Predictions for 2010

    Number of comments: 25
    1. The Obama administration will pour billions into developing alternative energy solutions. Chrysler will make a big push into hybrids with the ENVI branded cars to take advantage of government programs. 2. Chrysler will sell off one of the brands. 3. Nardelli cost cutting efforts will be finished. He will pass [...]
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    Posted: January 02, 2009, 11:25pm EST
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  • Breaking News: Chrysler receives $4B government loan

    Number of comments: 3
    Chrysler LLC received its $4 billion low-interest federal loan Friday, helping the auto maker continue funding its operations. “This initial loan will allow the company to continue an orderly restructuring, while pursuing our vision to build the fuel-efficient, high-quality cars and trucks people want to buy,” said Chairman and Chief Executive [...]
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    Posted: January 02, 2009, 11:22pm EST
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  • Chrysler still waiting on government loan

    Number of comments: 8
    From the article: “- General Motors Corp., the largest U.S. automaker, received $4 billion in initial rescue loans from the U.S. Treasury to help it avoid collapse. Chrysler LLC, also in line for government help, is still waiting for its money. GM, which had said it might run out of cash [...]
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    Posted: January 02, 2009, 3:20pm EST
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  • Cerberus throws in the towel?

    Number of comments: 25
    Cerberus Capital Management LP, the buyout firm that owns Chrysler LLC, plans to hand over equity in the company’s automotive operations to workers and creditors as part of its emergency loan lifeline from the U.S. government. “Cerberus believes that concessions by all relevant constituencies will be required to facilitate a full [...]
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    Posted: December 22, 2008, 2:25pm EST
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  • Breaking: GM and Chrysler reopen merger talks

    Number of comments: 25
    General Motors Corp. and Chrysler LLC have reopened merger talks, as Chrysler owner Cerberus Capital Management LP has signaled its willingness to give away part of its ownership in the auto maker, say people familiar with the discussions. With cash running low at both companies, Cerberus took the initiative to restart [...]
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    Posted: December 18, 2008, 12:19am EST
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  • Chrysler future product launches leaked on the net

    Number of comments: 12
    2009 Detroit Auto Show - Jeep Patriot EV, fourth member of the ENVI division’s EV family - Dodge Ram HD 2009 Chicago Auto Show - Dodge Ram Chassis Cab trucks 2009 New York Auto Show - Redesigned 2010 Jeep Grand Cherokee Beyond - Redesigned 2011 Chrysler 300 and Dodge Charger with all-new interiors Jalopnik reveals Chrysler’s 2009 launches - [...]
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    Posted: December 18, 2008, 12:17am EST
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  • Chrysler Warns Dealers About Loans to Fund Inventories

    Number of comments: 12
    Chrysler LLC’s financing arm has warned dealers it may have to temporarily stop loans that dealers use to pay for stocking vehicles on their lots as a result of a recent wave of withdrawals from a fund used to pay off those loans. In a letter dated Dec. 12, Chrysler Financial [...]
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    Posted: December 17, 2008, 2:18pm EST
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  • Breaking: Senate rejects auto bailout

    Number of comments: 25
    Senate Republicans rejected Democratic proposals on a compromise auto bailout Thursday night, leaving little hope that the Senate would approve a rescue package General Motors Corp. and Chrysler LLC say are vital to their survival. Sen. Bob Corker, R-Tenn., had been leading GOP negotiations on the $14 billion rescue. After [...]
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    Posted: December 11, 2008, 11:14pm EST
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  • Chrysler and Chery part ways citing “different business directions”

    Number of comments: 10
    Chrysler LLC’s efforts to make its U.S.-dependent business more international suffered a setback this week, taking down with it Chinese partner Chery Automobile Co.’s bid to break into the North American market, after the two auto makers ended a joint project to make small cars for sale around the world. For [...]
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    Posted: December 09, 2008, 11:52pm EST
    by site admin

  • Finally, some new spy shots: 2010 Dodge Ev

    Number of comments: 4
    From the blog post: “t was just three months ago that Chrysler revealed a concept they called the Dodge EV: an electric plug-in based on the Lotus Europa. This “production-intent” prototype was driven, photographed and written about – but the yellow concept with black racing stripes didn’t quite carry over [...]
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    Posted: December 08, 2008, 10:52pm EST
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  • Senate Chairman: “Chrysler, is, I think, basically gone, probably ought to be merged,”

    Number of comments: 25
    Senate Banking Committee Chairman Chris Dodd said General Motors Corp. Chief Executive Richard Wagoner should be replaced as a condition of federal aid and Chrysler LLC may have to merge to survive. “You’ve got to consider new leadership,” Dodd said on CBS’s “Face the Nation.” Wagoner, he said, “has to [...]
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    Posted: December 07, 2008, 3:13pm EST
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  • GM and Chrysler open to a merger

    Number of comments: 7
    [...]
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    Posted: December 05, 2008, 5:03pm EST
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  • Breaking News: Chrysler hired bankruptcy counsel hired several weeks ago

    Number of comments: 11
    Chrysler several weeks ago hired the prominent law firm of Jones Day as bankruptcy counsel, suggesting the auto maker is preparing for imminent financial failure should its efforts to obtain federal rescue funds fall short. Update: Chrysler LLC, seeking a $7 billion U.S. government bailout to avoid running out of cash [...]
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    Posted: December 05, 2008, 12:56pm EST
    by site admin

  • Detroit Auto Show: New Models & Concepts Predictions

    Number of comments: 25
    With the Detroit Auto Show fast approaching, I believe the bailout doom and gloom will be eclipsed by the glitz and glamour of Chrysler’s concept designs and new model unveils. I wanted to start the speculation what models and concept will be unveiled to the public in early January. Please [...]
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    Posted: November 29, 2008, 11:14pm EST
    by site admin

  • Moment of reckoning for Chrysler workers

    Number of comments: 1
    From the article: “Like General Motors and the Ford Motor Company, Chrysler is cutting deep into its white-collar ranks by offering buyouts or early retirement deals to managers, engineers, financial analysts and secretaries. The company is committed to reducing its salaried staff by 25 percent, or about 5,000 employees, by [...]
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    Posted: November 29, 2008, 12:32pm EST
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  • Cerberus accuses Daimler of mismanagment

    Number of comments: 25
    German auto maker Daimler AG said Wednesday talks to sell its remaining 19.9% stake in Chrysler LLC to Cerberus Capital Management LP have run into trouble. Daimler said the private-equity firm has made “exaggerated demands” that it said “exceed the value of Cerberus’s investment in Chrysler.” Cerberus had invested $7.2 billion [...]
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    Posted: November 26, 2008, 1:24pm EST
    by site admin

  • The U.S. Auto Industry and the Ripple Effect

    Number of comments: 3
    [...]
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    Posted: November 26, 2008, 12:00pm EST
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  • Question: How would you spend the bailout money?

    Number of comments: 25
    Imagine you are the CEO of Chrysler and the government is ready to help Chrysler. How much money would you ask? How would you spend the money? What type of projects? How long would it take to fix Chrysler? Leave your suggestions and plans as a comment. [...]
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    Posted: November 22, 2008, 11:06pm EST
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  • Dodge Challenger SRT8 on Fifth Gear

    Number of comments: 6
    [...]
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    Posted: November 15, 2008, 4:22pm EST
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  • Cerberus to give up any profit if bailed out

    Number of comments: 25
    Cerberus Capital Management LP, wading into the politics of a U.S. auto-industry bailout, would give up any profit on a future sale of Chrysler LLC should the company receive federal financial aid. Chrysler also expects the U.S. government to take a stake in the company in any rescue, Chief Executive [...]
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    Posted: November 15, 2008, 11:29am EST
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  • Hyundai denies interest in Chrysler assets

    Number of comments: 25
    South Korea’s Hyundai Motor Co on Saturday denied its interest in Chrysler’s assets, adding it had no capacity for a new acquisition as it focused on completing construction of overseas plants. On Friday, Reuters reported Hyundai had had talks with Chrysler LLC owner Cerberus Capital Management about a potential acquisition of [...]
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    Posted: November 09, 2008, 3:33pm EST
    by site admin

  • Breaking: Cerberus has had talks to sell all or parts of Chrysler to Hyundai

    Number of comments: 25
    Korea’s Hyundai Motor Co has had talks with Chrysler LLC owner Cebererus Capital Managment about a potential acquisition of the struggling U.S. automaker’s Jeep brand and possibly other assets, people with knowledge of the talks said on Friday. The emergence of Korea’s largest automaker as a potential bidder for at least [...]
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    Posted: November 07, 2008, 5:20pm EST
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  • GM-Chrysler merger talks end;Chrysler looks for new partners

    Number of comments: 2
    Chrysler LLC, struggling with losses as U.S. vehicle sales deteriorate, said it will carry on with efforts to team up with other automakers after General Motors Corp. suspended merger discussions. “We will continue to explore multiple strategic alliances or partnerships as we investigate growth opportunities around the world,'’ Chief Executive Officer [...]
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    Posted: November 07, 2008, 5:11pm EST
    by site admin

  • Chrysler offers buyouts to the entire Belvidere plant

    Number of comments: 11
    Chrysler is offering buyouts to all 2,600 employees at its northern Illinois assembly plant. Spokesman Ed Saenz says the offers are to 2,400 union workers and 200 administrative staff in Belvidere. He declined to say how many employees Chrysler hopes will accept what he calls “voluntary separation packages.” Chrysler assembles the Dodge [...]
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    Posted: November 06, 2008, 5:21pm EST
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  • House Speaker meets with Big Three and UAW to discuss options

    Number of comments: 6
    House Speaker Nancy Pelosi was scheduled to meet Thursday with the heads of the Detroit Big Three auto makers and the United Auto Workers union to discuss further aid to the industry. Democratic leaders are considering doubling the low-cost loans to be offered to ailing auto makers to $50 billion as [...]
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    Posted: November 06, 2008, 5:17pm EST
    by site admin

  • Autoblog: More Challengers from SEMA 2008

    Number of comments: 5
    Autoblog is doing a great job of showing off the custom Challengers displayed at this year’s SEMA. SEMA 2008: 10 Challengers worth loving or loathing - autoblog.com [...]
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    Posted: November 06, 2008, 5:14pm EST
    by site admin

  • Autoblog covers one of a kind Mr. Norm’s AAR ‘Cuda

    Number of comments: 19
    From the blog post: “The Dodge Challenger is offering tuners one of the hottest platforms to work with since the current-era Mustang arrived in 2003. And although this is supposed to be the year of the Camaro, there are tons of cool Challengers here at SEMA. One of our favorites [...]
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    Posted: November 05, 2008, 8:49am EST
    by site admin

  • Welcome the New Leader of the Free World

    [...]
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    Posted: November 04, 2008, 11:00pm EST
    by site admin

  • Chrysler October sales down 35%

    Number of comments: 11
    Chrysler celebrates the 25th anniversary of the minivan, which continues to be a dominating force in the market Dodge Challenger and Journey continue to draw consumer attention Jeep® Patriot sales increased two percent compared to September 2008 and 62 percent year-to-date compared to same timeframe in 2007 Incentives program extended [...]
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    Posted: November 03, 2008, 11:48pm EST
    by site admin

  • Renault-Nissan halts negotiations with Cerberus

    Number of comments: 25
    Talks between the Renault-Nissan alliance and Cerberus Capital Management LP have stopped as both sides acknowledged Cerberus’s preference to conclude a deal for Chrysler LLC with General Motors Corp., according to sources familiar with the situation. No more talks between Cerberus and Renault-Nissan negotiators have been scheduled, the sources said [...]
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    Posted: November 01, 2008, 1:50pm EDT
    by site admin

  • US Treasury walks away from the GM-Chrysler merger talks

    Number of comments: 6
    A merger between U.S. automakers General Motors Corp. and Chrysler is likely on hold until after next week’s presidential election, as the U.S. Treasury Department said it will not provide the automakers with aid, the Detroit Free Press reported Friday. GM had asked the Bush administration and Congress for a loan [...]
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    Posted: November 01, 2008, 1:47pm EDT
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  • U.S. Treasury walks away from the GM-Chrysler merger deal

    Number of comments: 16
    If there is one lesson that comes out from the credit crisis, the government should regulate what companies private equity companies can and cannot take over. Believe me, I have no fate in big government but if its thing they can do right, they can sure obstruct and block progress. [...]
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    Posted: October 31, 2008, 5:14pm EDT
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  • Just a matter of time before the government backed merger is complete

    Number of comments: 25
    The Bush administration is working to release to General Motors Corp. a portion of the loans Congress approved for the auto industry, according to a person familiar with the matter, a move that could help ease the way for the company’s discussed merger with Chrysler LLC. GM and Chrysler’s majority owner, [...]
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    Posted: October 28, 2008, 10:08am EDT
    by site admin

  • GM to ask US Treasury help fund the GM-Chrysler merger

    Number of comments: 23
    General Motors Corp., the largest U.S. automaker, has asked the Treasury Department for financial aid to help complete a merger with Cerberus Capital Management LP’s Chrysler LLC, two people with knowledge of the matter said. Treasury Secretary Henry Paulson would prefer any assistance to come from the $25 billion low-interest loan [...]
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    Posted: October 26, 2008, 10:20pm EDT
    by site admin

  • Breaking News: Chrysler to cut 25% of white collar workforce

    Number of comments: 25
    Beginning next month.. more info as it becomes available. Update: General Motors has intensified talks to buy Chrysler’s auto operations from Cerberus Capital Management in a deal that would also involve a transfer of ownership of GMAC, people familiar with the talks said Friday. GM is concerned about the risk for [...]
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    Posted: October 24, 2008, 10:31am EDT
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  • Cerberus wants to take over GM as well

    Number of comments: 10
    Cerberus Capital Management LP would look to retain a “meaningful stake” in the company that would emerge from a combined Chrysler LLC and General Motors Corp., and would likely push to breathe “fresh air” into its top management, people familiar with the matter said. GM and Cerberus, a private-equity firm that [...]
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    Posted: October 24, 2008, 8:59am EDT
    by site admin

  • Nissan-Renault Wants In: Seeks 20% Stake in Chrysler

    Number of comments: 25
    Nissan Motor Co. and partner Renault SA may take a 20 percent stake in Chrysler LLC, the Detroit News reported, citing people familiar with the matter. The proposal has been submitted to Cerberus Capital Management LP, which acquired the U.S. carmaker from Daimler AG, the News reported. Nissan would provide [...]
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    Posted: October 22, 2008, 1:20pm EDT
    by site admin

  • Layoff worries over GM-Chrylser merger discussions

    Number of comments: 25
    A merger of General Motors Corp. and Chrysler LLC would land a heavy economic blow on Michigan, a state already battered by waves of home foreclosures and the loss of tens of thousands of auto-industry jobs over the last few years. GM is negotiating a potential deal with Chrysler’s majority owner, [...]
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    Posted: October 19, 2008, 9:05pm EDT
    by site admin

  • Raw Power: Viper-powered Challenger SRT10 Concept

    Number of comments: 25
    The opportunity for SRT engineering to “one-up” itself comes to fruition with the 2009 Dodge Challenger SRT10 Concept. Power for the 2009 Dodge Challenger SRT10 Concept comes from the Dodge Viper 8.4-liter, all-aluminum V-10 engine with 600 horsepower and 560 lb. ft. of torque. A vehicle which delivers the well [...]
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    Posted: October 14, 2008, 12:58pm EDT
    by site admin

  • GM-Chrysler Humor: Ill trade you one bailout for another

    Number of comments: 25
    Cerberus: Man, this economy is horrible. Talk about bad timing to buy an automaker. People aren’t even excited about our new products like the Dodge Journey and Ram. General Motors: I know what you mean. Hey, Ive got an idea. Cerberus: Shoot! General Motors: You remember how we unloaded 51% of [...]
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    Posted: October 12, 2008, 8:15pm EDT
    by site admin

  • GM in talks to acquire Chrysler

    Number of comments: 25
    General Motors Corp. has recently been in discussions about acquiring Chrysler LLC, according to people familiar with the matter, in a dramatic sign of the pressures mounting on the U.S. auto industry to restructure amid a deep slump in sales. The upheaval in financial markets has rendered inactive the talks between [...]
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    Posted: October 10, 2008, 10:35pm EDT
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  • No Dodge Challenger convertible for you

    Number of comments: 12
    From the article: “We considered a convertible when we were developing Challenger, but the extra weight needed to beef up the car when the top was removed was too much of a penalty,” he said. “And that was with a manual soft-top. A power-retractable hardtop would add even more weight.” There’s [...]
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    Posted: October 08, 2008, 11:06pm EDT
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  • Chrysler planning a “product renaissance” for 2010

    Number of comments: 25
    “In the pipeline for 2010: A brand new 300, a brand new Charger … a brand new Jeep, the pipeline is full, plus we have these smaller vehicles coming through partnerships and alliances,” Nardelli said. “I think the product cadence at Chrysler is coming back strong.” As the Free Press first [...]
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    Posted: October 03, 2008, 2:53pm EDT
    by site admin

  • Chrysler sales down 33% in September

    Number of comments: 25
    From the press release: * Chrysler LLC celebrates 25th anniversary of minivan leadership * Sales increase for Chrysler Town & Country and Dodge Grand Caravan * Chrysler Sebring Convertible posts strong sales for the month * Sales of the fuel-efficient Dodge Caliber continue at a steady pace * All-new Dodge Journey continues as a [...]
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    Posted: October 01, 2008, 9:22pm EDT
    by site admin

  • Automakers set to receive $25B in low-cost government loans

    Number of comments: 25
    The U.S. Senate approved a stop-gap spending measure that funds the government through March and includes up to $25 billion in low-cost government loans for automakers to retool plants to build fuel efficient vehicles. The Senate’s 78-12 vote sends the bill to President Bush, who is expected to sign it before [...]
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    Posted: September 28, 2008, 9:39pm EDT
    by site admin

  • Cerberus to buy remaining stake from Daimler AG

    Number of comments: 25
    Cerberus Capital Management is in talks with Daimler AG about acquiring the German company’s remaining minority stake in Chrysler LLC, the companies said today. “We are currently in discussions. In the event of a successful transaction, all existing industrial relationships between Daimler and Chrysler would continue,” said a statement from Cerberus [...]
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    Posted: September 25, 2008, 1:44am EDT
    by site admin

  • Breaking: Chrysler unveiled new ENVI line on CNBC this morning

    Number of comments: 25
    A look at four new Chrysler lines and how the auto industry is watching the Wall St. crisis closely, with Bob Nardelli, Chrysler chairman/CEO and CNBC’s Phil Lebeau. Chrysler LLC is aiming to launch full “portfolio” of electric vehicles cars and trucks, and sports-utility vehicles starting in late 2010, a person [...]
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    Posted: September 23, 2008, 7:49am EDT
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  • Get it while the gettin’s good baby

    Number of comments: 25
    So if he hands you a dollar Say, Thank you sir, cause I’ve been up and down And I know what it’s worth Get it while the gettin’s good baby Take it cause the others would Ain’t no hesitating, they just might be waiting Get it while the gettin’s good You know I gotta have it, ain’t [...]
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    Posted: September 20, 2008, 2:59pm EDT
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  • Chrysler to show off electric car and new products for 2010

    Number of comments: 10
    Chrysler LLC, in a bid to cheer up its dealers, next week plans to offer them a glimpse of an electric car it is scrambling to develop, people familiar with the matter said. The compact car is supposed to be able to travel about 40 miles on battery power alone, these [...]
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    Posted: September 20, 2008, 3:01am EDT
    by site admin

  • Charlie Rose interviews Bob Nardelli

    Number of comments: 21
    A conversation with Bob Nardelli - charlierose.com [...]
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    Posted: September 17, 2008, 10:05pm EDT
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  • Chrysler makes progress on the sale of the Dodge Viper business

    Number of comments: 13
    Chrysler LLC has drawn interest from international and North American parties for the possible sale of its high-performance Dodge Viper sports car line, Vice Chairman and President Jim Press told reporters on Wednesday. Chrysler in late August announced it was exploring the sale of the Viper sports car business as part [...]
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    Posted: September 14, 2008, 6:21pm EDT
    by site admin

  • Chrysler offers buyouts to 13,000 hourly workers

    Number of comments: 25
    From the article: “Chrysler LLC will offer buyouts to more than 13,000 hourly workers in Michigan, in the latest wave of job-reductions sweeping the hard-hit auto industry. Chrysler did not disclose a specific reduction target on Friday, but company officials said they wanted to eliminate at least 2,000 jobs, representing [...]
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    Posted: September 13, 2008, 6:26pm EDT
    by site admin

  • Chrysler sales down 34% in August

    Number of comments: 25
    Dodge Grand Caravan and Chrysler Town & Country minivans have strong sales month, up 7 percent over last year Dodge Ram light-duty truck and Jeep® Liberty performance improves versus July Dodge Journey gains momentum; buyers coming out of larger SUVs Dodge Charger sales continue to grow Up to 40 percent off [...]
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    Posted: September 03, 2008, 4:06pm EDT
    by site admin

  • For Sale: Cuda Trademark and Design???

    Number of comments: 25
    Last week, we heard of Nardelli’s plan to shop around the Dodge Viper car business. The once iconic, untouchable halo car now has a “For Sale” slapped right across the windshield like a used car. Whatever happened to brand DNA, image, etc? I found the following excerpt interesting: Earlier this month, Vice [...]
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    Posted: September 03, 2008, 12:21am EDT
    by site admin

  • Video: Autoline’s McElroy interviews Tom LaSorda

    Number of comments: 25
    From the interview: “Experts in Astronomy have studied collapsing stars for years. The phenomenon of Hypernovas is very rare but extremely destructive since they morph themselves into light-swallowing black holes. Meanwhile, experts in the automotive industry have been watching their own collapsing star, or more appropriately, collapsing Pentastar in Chrysler. Some analysts [...]
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    Posted: August 31, 2008, 1:24pm EDT
    by site admin

  • Breaking: Chrysler considering the sale of Viper car business

    Number of comments: 25
    Chrysler LLC, selling assets to raise cash as U.S. sales slide, said it’s considering the possible sale of its Viper sports-car business. “We have been approached by third parties who are interested in exploring future possibilities'’ for the 600- horsepower, 10-cylinder car, Chief Executive Officer Bob Nardelli said today in [...]
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    Posted: August 27, 2008, 12:58pm EDT
    by site admin

  • Automakers seek $50B in government-backed loans

    Number of comments: 25
    Battered by high gasoline prices and weakened earnings, the Big Three auto makers and their suppliers are now seeking significantly more help from Washington in the form of government-backed loans than the $25 billion they had previously been authorized to receive. The $25 billion in loans were approved as part of [...]
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    Posted: August 23, 2008, 10:15am EDT
    by site admin

  • Trevor Creed to retire; Ralph Gilles to head Chrysler design

    Number of comments: 25
    Congrats to Ralph on the new promotion! From the article: “One of the industry’s rising stars, Ralph Gilles, is now at the top of Chrysler design. He takes over the reins of the No. 3 U.S. automaker’s design operations Sept. 1, following the retirement of Trevor Creed, senior vice president of design. Gilles, [...]
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    Posted: August 19, 2008, 11:50am EDT
    by site admin

  • Breaking: Chrysler to invest in Jefferson North; replace Grand Cherokee with “car-based SUV”

    Number of comments: 25
    From the article: “LaSorda said that the privately held auto maker plans to expand and upgrade the Jefferson North Assembly Plant in Detroit, including a new body shop. He said that the move will keep more than 400 jobs in Michigan. According to the company’s Web site, the plant manufactures the [...]
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    Posted: August 13, 2008, 10:13am EDT
    by site admin

  • Portfolio.com speculates on Chrysler-Nissan merger

    Number of comments: 25
    From the article: “According to Bragman, Chrysler doesn’t have the reserves, sales volume and international presence to compete in the current climate and so may begin “moving away from manufacturing their own cars.” Such predictions may be coming closer to reality. The Wall Street Journal reports Chrysler and Nissan are [...]
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    Posted: August 12, 2008, 11:31pm EDT
    by site admin

  • Chrysler working on quality: “We’ve got a plan. It works. We’re gonna stick to it.”

    Number of comments: 6
    From the article: “Chrysler LLC’s manufacturing chief says the company is working with great energy and speed to fix its quality problems, but the payoff hasn’t shown up yet in external quality studies. Frank Ewasyshyn, executive vice president of manufacturing, said Monday that many problems reported in such studies have to [...]
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    Posted: August 12, 2008, 11:22pm EDT
    by site admin

  • Allpar covers the 2009 Jeep Patriot changes

    Number of comments: 13
    From the coverage: “Numerous changes have been made to the Patriot’s interior, with new chrome accents, a carpeted load floor, illuminated cupholders, new MyGIG radios, soft-touch armrests, a new instrument panel, new door trim, and a new center console; the 2.4 PZEV engine is now on all front wheel drive [...]
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    Posted: August 12, 2008, 11:15pm EDT
    by site admin

  • Chrysler shows off the new 2009 Chrysler PT Dream Cruiser Series 5

    Number of comments: 4
    From the press release: “Chrysler kicked off the annual Woodward Dream Cruise today at Duggan’s Irish Pub with the introduction of a special-edition PT Cruiser. Announced in conjunction with Detroit’s famed Woodward Dream Cruise, the new 2009 Chrysler PT Dream Cruiser Series 5 will be available this fall as a [...]
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    Posted: August 12, 2008, 11:08pm EDT
    by site admin

  • WSJ covers Chrysler-Nissan partnership

    Number of comments: 25
    From the article: “hrysler LLC is in talks with Nissan Motor Co. about jointly producing midsize cars, a partnership that would move the U.S. auto maker toward a radical new business model. The two companies agreed earlier this year to team up on pickup trucks and subcompact cars. Since then, they [...]
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    Posted: August 07, 2008, 1:07am EDT
    by site admin

  • New Compass and Patriot Interior Photos Leaked

    Number of comments: 25
    Check the photos below of the new 2009 Jeep interiors. Source: Allpar Forums - allpar.com (Registration Required) [...]
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    Posted: August 01, 2008, 11:35pm EDT
    by site admin

  • July sales down 29%

    Number of comments: 21
    From the press release: * Chrysler Town & Country up 24 percent in July; drives total minivan sales 5 percent higher; considered fuel-efficient alternative * Fuel-efficient Jeep® Patriot is a true success in the market * Dodge Ram performance improves versus previous month’s sales * Dodge Avenger sedan continues strong performance [...]
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    Posted: August 01, 2008, 5:23pm EDT
    by site admin

  • WSJ covers Chrysler cost cutting efforts

    Number of comments: 25
    From the article: “In recent weeks, the auto maker has had discussions with Tata Motors about having the company sell and possibly assemble Jeeps in India, these people said. Separately, Chrysler has had talks about leasing one of its U.S. plants to produce cars for Italy’s Fiat SpA, they said. Chrysler [...]
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    Posted: July 30, 2008, 11:55pm EDT
    by site admin

  • What will Chrysler’s next “K-Car”?

    Number of comments: 21
    1. Double Digit (%) Sales Decrease 2. $4.00/Gallon Gas 3. Burnt Out American Consumer 4. Stalled Leasing Business 5. High Cost of Credit 6. Lack of True Hybrid (“Prius Fighter”) 7. Aging Product Portfolio Talk about headwinds affecting Chrysler today… the automaker is under more stress today than ever before. I am not sure how today’s market [...]
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    Posted: July 30, 2008, 12:47am EDT
    by site admin

  • Breaking: Chrysler no longer offer auto leases through its lending arm

    Number of comments: 25
    From WSJ: “Chrysler LLC has started telling dealers it will no longer offer auto leases through its lending arm Chrysler Financial, people familiar with the matter said Friday.” “Alan Helfman, a dealer in Houston who was informed of the change by Chrysler, said the change will make it more difficult to [...]
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    Posted: July 25, 2008, 2:43pm EDT
    by site admin

  • Chrysler to cut 1, 000 white collar jobs by Sept 30

    Number of comments: 25
    From Bloomberg: ” Chrysler LLC, the third-largest U.S. automaker, plans to cut an additional 1,000 salaried jobs after its first-half U.S. sales tumbled 22 percent. The reductions will be completed by Sept. 30 through “retirements, special programs and attrition,'’ spokesman Dave Elshoff said today. The jobs represent 5.4 percent of [...]
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    Posted: July 23, 2008, 4:25pm EDT
    by site admin
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