A shuttered New Jersey dealership became the third in the U.S. to sue Chrysler Group after winning in arbitration but objecting to the company's conditions for reinstatement. Causeway Jeep of Manahawkin, N.J.
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About 80 percent of Chrysler Group's 2,315 dealerships are profitable, the highest level since 2003, CEO Sergio Marchionne says.
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Ford, Chrysler and other car companies are counting on Silicon Valley to help boost sales and shake off their image as slow adopters of innovations.
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Chrysler Group dealers, starving for new products, will get a banquet of nameplates in three years--a startling change for a company that narrowly missed going out of business.
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Chrysler Group LLC today posted a second-quarter net loss, but reported an operating gain of $183 million -- a $40 million improvement over the first quarter's operating profit.
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Chrysler Group LLC today posted a second-quarter net loss, but reported an operating gain of $183 million -- a $40 million improvement over the first quarter's operating profit.
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Chrysler Group on Monday said its second quarter operating profit was US183m, up $40m over the first quarter on revenues up 8.2% to $10.5bn.
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Chrysler Group dealers, starving for new products, will get a banquet of nameplates in three years -- a startling change for a company that narrowly missed going out of business.
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Reports of robust post-bankruptcy sales at General Motors Co. and Chrysler Group need an asterisk. Internal documents obtained by Automotive News show that much of the recovery at the two companies comes from sales to daily rental fleets.
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Chrysler Group LLC notified Wisconsin authorities on Friday that it will close its Kenosha engine plant in early October, eliminating some 575 jobs. Chrysler, the No. 3 U.S.-based automaker, has several other engine plants in Michigan and Mexico.
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COPY EDITOR CYNTHIA L. OROSCO: Having seen so many of these cars on the road, I'd wondered what the 300C was like to drive. What I didn't know was that I'd already driven the Chrysler--in the form of the Dodge Charger.
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It might not be very indicative of comparing this year's results to the disastrous 2009 calendar year, but both Chrysler and GM are showing signs of a promising turnaround.
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Chrysler Group got a boost this week when Ally Bank, the former GMAC, lowered its credit-score threshold for Chrysler customers to qualify for a vehicle lease from 660 to 620.
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Fiat decided to build the Chrysler Sebring successor in the U.S. instead of Italy because of difficulties to boost productivity in Italy, the Corriere della Sera reported.
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Chrysler Group CEO Sergio Marchionne plans to address dealers en masse for the first time since assuming control of the company after it emerged from bankruptcy in 2009, say Chrysler and dealer sources.
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Buoyed by the Wrangler and the redesigned 2011 Grand Cherokee, Jeep brand sales rose 19 percent in July, pacing Chrysler Group to a 5 percent gain for the month. It was the automaker's fourth-straight monthly increase.
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One year after Chrysler Group emerged from bankruptcy, its suppliers are staging a dramatic comeback of their own.
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Chrysler Group has reiterated that it prevailed in 76 of 108 arbitration decisions with rejected dealerships after Automotive News reported that the company won 73 of 105 decisions.
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Chrysler MPV gets updated look and much improved interior
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