Chrysler LLC needs its dealers to begin buying cars and trucks to keep its survival plan on track, Chrysler co-President Jim Press told an industry gathering here today. "You don't save your way out of this.
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Chrysler LLC needs its dealers to begin buying cars and trucks to keep its survival plan on track, Chrysler co-President Jim Press told an industry gathering here today. "You don't save your way out of this.
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Chrysler LLC, reeling from plunging U.S. sales and bulging inventories, will offer all customers the same prices paid by employees and boost rebates to as much as $6,000.
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Fiat's chief executive has insisted he does not want to run Chrysler should a proposed alliance between the two automakers proceed.
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Chrysler has announced a new 'employee pricing plus plus' incentive programme for all customers offering employee prices for all 2008 and 2009 models plus discounts of up to US$3,500 on 2009 model year vehicles and $6,000 on 2008 models.
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A US senator has told the new president Chrysler should repay the recent federal loan it received recently if Fiat takes a majority stake
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He is a piece of work that Marchionne. He knows that Chrysler has got to go back to Congress on 31 March and tell the custodians of the public purse what they are going to do to turn the company around.
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Chrysler LLC, reeling from plunging U.S. sales and bulging inventories, will offer all customers the same prices paid by employees and boost rebates to as much as $6,000.
Full story...
Chrysler LLC, reeling from plunging U.S. sales and bulging inventories, will offer all customers the same prices paid by employees and boost rebates to as much as $6,000.
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A Democratic senator today urged President Barack Obama to require Chrysler LLC to repay the federal bailout money it received if Italy's Fiat SpA should take a controlling stake in it. Sen.
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Fiat Group CEO Sergio Marchionne said today he has "absolutely no intention" to run Chrysler LLC if the two companies complete a proposed partnership.
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Chrysler 200C leads green charge
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Italy's Fiat SpA, poised to take a 35 percent stake in Chrysler LLC, slashed its profit outlook for 2009 by about a third and revealed a debt pile three times its own forecasts, sending shares in Europe's sixth-biggest automaker nearly 12 percent...
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Fiat will decide on taking another 20% of Chrysler for $25m within a year.
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Chrysler's proposed tie-up with Fiat depends on the American firm automaker receiving an extra $3bn emergency loan from the US government, a senior executive has said.
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Chrysler LLC and Fiat S.p.A. design executives will begin meeting this week to determine the North American portfolio created by their new alliance.
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The UAW will sacrifice to help General Motors and Chrysler LLC get their federal loans, but doesn't expect to take lower wages, President Ron Gettelfinger said Wednesday night at the Automotive News World Congress.
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The UAW will sacrifice to help General Motors and Chrysler LLC get their federal loans, but doesn't expect to take lower wages, President Ron Gettelfinger said tonight at the Automotive News World Congress.
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