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Dec
2nd

Chrysler says it needs emergency bridge loan

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Chrysler LLC needs an emergency bridge loan from Congress if it is to survive and execute a plan that will help it compete, the automaker's president said today. Full story...
Dec
2nd

US: Chrysler chief rallies port worker support

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Chrysler president and vice chairman Jim Press today (2 December) met Maryland Port Authority employees and state officials to discuss the scope of the auto industry and its local impact from an auto trade perspective. Full story...
Dec
2nd

US: Chrysler chief to rally port worker support

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Chrysler president and vice chairman Jim Press is scheduled later today (2 December) to meet Maryland Port Authority employees and state officials to discuss the scope of the auto industry and its local impact from an auto trade perspective. Full story...
Dec
1st

2009 Dodge Ram – By Design

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2009 Dodge Ram - By Design
2009 Dodge Ram - Next Generation Dodge Pickup - Automobile Magazine
The latest Dodge, as seen here, is a nice piece of work in terms of styling and engineering, building on the previous generation and replacing the traditional leaf springs in back with coil springs for an improved ride.

Back in 1986, Chrysler-designer-turned-Dodge-car-marketing-manager Bob Marcks had the idea that a tough "big rig" look could transform Dodge pickup sales. He made a couple of rough sketches, and even though trucks weren't his business, his idea was picked up in the creative ferment of the Bob Lutz/Tom Gale era at the old "New" Chrysler Corporation, resulting in the production vehicle that debuted at the Detroit auto show in 1993. That the aggressive styling really mattered was proven by results: with pretty much the same old underpinnings, sales tripled less than a year after the Ram went on sale. At one point, the Ram pickup was the third best-selling vehicle in America, ahead of all passenger cars and behind only the perpetual leaders, Ford's F-150 and Chevrolet's Silverado.


Photo Gallery: 2009 Dodge Ram - Next Generation Dodge Pickup - Automobile Magazine


Full story...
Nov
27th

US/GERMANY: Daimler and Cerberus start a spat

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Daimler has said that the sale of its remaining 19.9% stake in Chrysler to Cerberus has been complicated by the 'exaggerated demands' made by Cerberus. Full story...
Nov
27th

US: Americans ‘reluctant’ on Big 3 bailout

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Like many in Congress, many Americans are reluctant to support a bridge loan for General Motors, Ford, and Chrysler, a recent Morpace Omnibus Study showed. Full story...
Nov
27th

Daimler, Cerberus spar over Chrysler decline

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Private equity firm Cerberus is demanding more than $7 billion from Daimler over losses that followed its 2007 acquisition of Chrysler in a bitter dispute that could overshadow a plea for U.S. government aid for Chrysler. Full story...
Nov
26th

Daimler charges Cerberus with ‘absurd’ demands

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Daimler AG says Cerberus Capital Management LP is making new and )x("”",exaggerated demands” that have hampered Daimler's effort to sell its 19.9 percent stake in Chrysler Holding LLC to the private equity firm. Full story...
Nov
26th

Chrysler readying ‘viable’ turnaround plans

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Chrysler LLC is prepared to meet "accountability and viability" criteria requested by Congress as a condition for considering a government bailout for the auto industry, CEO Bob Nardelli said. U.S. Full story...
Nov
25th

Nissan identifies plant to make small cars for Chrysler

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Nissan Motor Co. will start producing a new compactcar for Chrysler LLC at its Aguascalientes assembly plant in central Mexico in early 2009, a Nissan spokesman said yesterday. Full story...
Nov
25th

US: Detroit CEOs may leave the ‘planes behind next time

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As PR gaffes go, it was a pretty large one. Top executives from GM, Ford and Chrysler did themselves no favours last week by going cap in hand to Washington for financial help - and arriving in private 'planes. Full story...
Nov
24th

Comments from experts, insiders, pundits and comics

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Debate is rampant about whether some form of federal aid is headed to the Detroit 3. Late last week, Democrats crafted a set of requirements that General Motors, Ford Motor Co. and Chrysler LLC must submit with their loan applications. Full story...
Nov
24th

Comments from the experts, insiders and pundits

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Debate is rampant about whether some form of federal aid is headed to the Detroit 3. Late last week, Democrats crafted a set of requirements that General Motors, Ford Motor Co. and Chrysler LLC must submit with their loan applications. Full story...
Nov
24th

Nardelli: Chrysler is running on fumes

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With federal bailout money on the line, Chrysler CEO Bob Nardelli last week gave the world a peek at his private company's finances. The picture behind the veil wasn't pretty. Chrysler is running on fumes and may run out of cash by year end. Full story...
Nov
24th

Detroit 3: Bankruptcy = doom

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Could GM, Chrysler or Ford survive a bankruptcy filing? Could the domestic industry? The CEOs of the Detroit 3 answered with an emphatic "no" last week when some Washington lawmakers broached bankruptcy and#x2014; even a quick, prepackaged one... Full story...
Nov
23rd

Chrysler in electric mode

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True innovations from the American automakers were few and far between at the Los Angeles Auto Show, but they did take the opportunity to demonstrate their know-how in terms of alternative powering methods. Full story...
Nov
22nd

Auto dealer Hecker shuts six stores, dismisses 400 employees

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Minnesota auto dealer Denny Hecker, who sued Chrysler Financial after his credit line was cut off two weeks ago, closed six of his stores and sold three others, costing 400 employees their jobs. Full story...
Nov
21st

Chrysler employees must decide on buyouts next week

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About 14,000 Chrysler LLC white-collar employees are agonizing this weekend over whether to take buyout packages offered by the company. They have until the end of business Wednesday to decide. Full story...
Nov
21st

CANADA: Chrysler Canada seeks C$1bn

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Chrysler's Canadian unit has asked the Canadian and Ontario governments for C$1 billion in financial assistance to help it through the global economic crisis, according to a Canadian newspaper report. Full story...
Nov
21st

US: Chrysler wants to revive GM merger talks

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Chrysler is interested in returning to merger talks with GM, according to a report in the Financial Times. Full story...
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