Apr
22nd
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Private investor Cerberus, majority owner of Chrysler, is not interested in a stake in Opel, a source said on Wednesday. Full story...
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Apr
22nd
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Chrysler LLC plans to provide a fleet of 250 all-electric Chrysler Town and Country concept minivans to the U.S. Postal Service, the company said today in an announcement geared to coincide with Earth Day. Full story...
Apr
22nd
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The latest debt reduction offer by Chrysler lenders is unacceptable because it would yield the lenders an unjustified return, an Obama administration official has said. Full story...
Apr
22nd
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Fiat is "totally focused" on reaching a deal with Chrysler, a well-placed source has said, even though top executives have said there are alternatives. Full story...
Apr
22nd
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The latest debt reduction offer by Chrysler LLC's lenders is unacceptable because it would yield the lenders an unjustified return, an Obama administration official said. Full story...
Apr
22nd
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Chrysler invented the minivan 25 years ago. More than 12 million minivan sales later, Chrysler today showed off four all-electric Chrysler Town & Country minivan concepts to the U.S. Postal Service (USPS) as part of the USPS Earth Day celebration. Full story...
Apr
21st
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Chrysler LLC's lenders have offered to take equity in a restructured automaker allied with Fiat SpA in exchange for writing off about 35 percent of the $7 billion they are owed, according to people with knowledge of the closed-door talks. Full story...
Apr
21st
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Italy Prime Minister Silvio Berlusconi said today he backs a possible Fiat-Chrysler alliance. Full story...
Apr
21st
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Canada's industry minister wants a clear indication this week on the future of Chrysler's local operations, which include two vehicle assembly plants in Ontario. Full story...
Apr
21st
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The Obama administration will make about $500 million available to Chrysler LLC through the end of this month as it seeks to reach an alliance with Fiat, and up to $5 billion through May to help General Motors restructure outside of bankruptcy, an... Full story...
Apr
21st
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The Obama administration will make about $500 million available to Chrysler LLC through the end of this month as it seeks to reach an alliance with Fiat, and up to $5 billion through May to help General Motors restructure outside of bankruptcy, an... Full story...
Apr
20th
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Canadian Industry Minister Tony Clement said today the government needs clarity this week on the status of cost-cutting talks between Chrysler and the Canadian Auto Workers union. Full story...
Apr
20th
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Fiat chief executive Sergio Marchionne is back in the United States for talks as pressure builds to agree a partnership with Chrysler before 30 April, sources said on Monday. Full story...
Apr
20th
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The pressure is growing on the Canadian Auto Workers union to agree to slash benefits at Chrysler Canada as the automaker and its parent face a 30 April deadline to have a restructuring plan in place for US and Canadian governments. Full story...
Apr
20th
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Fiat's CEO has returned to the United States for talks as pressure builds to seal a partnership deal with Chrysler LLC before the end of the month, sources at the Italian car maker said today. Full story...
Apr
20th
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Chrysler may shift minivan production out of its Windsor, Ontario, plant, where it has built the iconic vehicles for a quarter century, and produce small Fiat models there instead. As Fiat S.p.A. Full story...
Apr
20th
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The credit crisis and other financial problems are accelerating General Motors and Chrysler LLC dealership closings. Full story...
Apr
20th
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The growing likelihood that General Motors and Chrysler LLC will land in Bankruptcy Court has sent a wave of fear through U.S. auto dealers. Many GM and Chrysler dealers are protecting themselves by cutting inventory and factory orders. Full story...
Apr
17th
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The state of Indiana has filed a complaint against Chrysler LLC alleging civil securities fraud in connection with the collapse last year of the carmaker's $530 million dual clutch transmission joint venture with transmission maker Getrag... Full story...
Apr
17th
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The make up of Chrysler's future board will be determined by the US government and Fiat, were the Italian automaker successful in its plans to merge with its rival. Full story...