Italian automaker Fiat S.p.A. won unconditional approval from the European Commission today to acquire Chrysler Group LLC as the EU executive said the deal would not hurt competition.
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Chrysler has rolled out an offer similar to several available here in the UK at present: doubling the US government's $US4,500 'cash for clunkers' offer to $9,000.
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Chrysler Group could again face the prospect of liquidation if legislation aimed at reversing its decision to terminate contracts with 789 dealers becomes law, a company executive said on Wednesday.
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Chrysler Group could again face the prospect of liquidation if legislation aimed at reversing its decision to terminate contracts with 789 dealers becomes law, a company executive said on Wednesday.
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Fiat S.p.A. and Chrysler Group CEO Sergio Marchionne said today that the U.S. automaker could be listed on a stock exchange about 30 months from now. Marchionne said Chrysler will generate "healthy profit margins" when the U.S.
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Fiat S.p.A. and Chrysler Group CEO Sergio Marchionne said today that the U.S. automaker could be listed on a stock exchange about 30 months from now. Marchionne said Chrysler will generate "healthy profit margins" when the U.S.
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The Chrysler Group is offering consumers $4,500 on most of its 2009 models, doubling the cash-for-guzzlers incentive offered by the federal government.
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The Chrysler Group is offering consumers $4,500 on most of its 2009 models, doubling the cash-for-guzzlers incentive offered by the federal government.
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Chrysler Group, battling a 46 percent plunge in U.S. sales, is offering consumers as much as $4,500 on most of its 2009 models, doubling the cash-for-guzzlers incentive from by the federal government.
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Fiat S.p.A., which owns 20 percent of Chrysler Group, posted a second-quarter trading profit, helped by tax breaks for drivers trading in older, polluting cars.
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Canadian Auto Workers members have reached new collective agreements with Lear Seating for Kitchener and Ajax, Ontario, plants supplying GM and Chrysler, adding jobs.
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Bankruptcy restructurings of General Motors and Chrysler have improved credit market access for auto suppliers, but the sector is far from healthy and requires close government monitoring, an Obama administration official has said.
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Ford Motor Co. is expected to post its fifth straight quarterly loss on Thursday amid the economic downturn that helped force auto parts makers and rivals General Motors and Chrysler into bankruptcy in the past three months.
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Ford Motor Co. is expected to post its fifth straight quarterly loss on Thursday amid the economic downturn that helped force auto parts makers and rivals General Motors and Chrysler into bankruptcy in the past three months.
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Ford Motor Co. is expected to post its fifth straight quarterly loss on Thursday amid the economic downturn that helped force auto parts makers and rivals General Motors and Chrysler into bankruptcy in the past three months.
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Ford Motor Co. is expected to post its fifth straight quarterly loss on Thursday amid the economic downturn that helped force auto parts makers and rivals General Motors and Chrysler into bankruptcy in the past three months.
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Chrysler Group LLC today announced new incentives, "Double CA$H for Your Old Car," that can save consumers up to $9,000 toward the purchase of a new Chrysler, Jeep® or Dodge vehicle.
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Chrysler Group LLC today announced new incentives, "Double CA$H for Your Old Car," that can save consumers up to $9,000 toward the purchase of a new Chrysler, Jeep® or Dodge vehicle.
Full story...
Ford Motor Co. is expected to post its fifth straight quarterly loss on Thursday amid the economic downturn that helped force auto parts makers and rivals General Motors and Chrysler into bankruptcy in the past three months.
Full story...
Ford Motor Co. is expected to post a second-quarter loss amid the economic downturn that helped force auto parts makers and rivals General Motors and Chrysler into bankruptcy in the past three months.
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