Chrysler LLC, hobbled by shrinking sales and soaring inventories, shut down three assembly plants Monday after reopening them two weeks ago.
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Chrysler LLC suffered a sales decline steeper than any other automaker in January -- down 55 percent from January 2008, to be exact. The decline spanned most of the lineup, but car sales were hit particularly hard.
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Chrysler LLC has had three offers to buy its Dodge Viper sports car business, co-President Jim Press said Tuesday. Chrysler announced plans to sell the Viper operation in August.
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Chrysler LLC has had three offers to buy its Dodge Viper sports car business, co-President Jim Press said today. Chrysler announced plans to sell the Viper operation in August.
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Chrysler LLC suffered a sales decline steeper than any other automaker in January -- down 55 percent from January 2008, to be exact. The decline spanned most of the lineup, but car sales were hit particularly hard.
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The Canadian units of General Motors and Chrysler have yet to draw on C$4bn (US$3.2bn) in loans made available by the federal and Ontario provincial governments, a minister has said.
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Fiat plans to finish its scrutiny of Chrysler ahead of the intended alliance ahead of the 17 February US government viability plan deadline but it would be at least two years after a deal was signed before its cars were built in the US, its CEO has said.
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Italian carmaker Fiat is racing to review the operations of Chrysler LLC before Chrysler must meet a U.S. government deadline in two weeks, Fiat CEO Sergio Marchionne told the Wall Street Journal.
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Italian carmaker Fiat will conclude an alliance with Chrysler Group so Chrysler meets a U.S. government deadline, Fiat's CEO told the Wall Street Journal.
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General Motors joined Chrysler LLC today in offering a new round of hourly worker buyouts and retirement incentives to cope with the industry downturn and meet federal labor-saving requirements for the automakers' rescue package.
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Chrysler LLC has launched a new company wide round of hourly worker buyouts and retirement incentives to cope with the industry downturn and meet federal labor-saving requirements for the automaker's rescue package.
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Fiat-PSA-Chrysler would be a massive corporate entity - but does it have the right kind of global coverage? Mark Bursa thinks there might still be something missing.
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As hard times settle in, many vehicle manufacturers are backing off costly demands that they usually place on dealers. Chrysler, for example, is again trimming the required size of stores. BMW is relaxing training requirements.
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Chrysler LLC CEO Bob Nardelli says the $3 billion in second-stage federal loan money the company seeks would be used in North American operations even if a proposed Chrysler-Fiat alliance goes forward.
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So why did Chrysler Financial Services pull the plug on embattled Minnesota megadealer Denny Hecker last fall, forcing Hecker to close six of his 16 dealerships and sell three others? Now it can be told.
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With spring comes a welcomed change from cold, snowy, overly-salted roadways covering most of Canada. With spring comes the warm-weather driving season- a time of year where lucky, free-spirited motorists hit the streets in their sexy coupes and convertibles.
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With spring comes a welcomed change from cold, snowy, overly-salted roadways covering most of Canada. With spring comes the warm-weather driving season- a time of year where lucky, free-spirited motorists hit the streets in their sexy coupes and convertibles.
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It's easy to underestimate the impact Chrysler’s revolutionary hemispherical-head V8 engine – or Hemi – has had on the world.
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Sen. Bob Corker of Tennessee is not yet convinced that the UAW has given up enough to support the federal loans offered to General Motors and Chrysler LLC.
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Chrysler is making "continued progress in gaining cost concessions from its key constituents as the company pursues a global strategic alliance with Fiat," the automaker has said.
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