Category Archives: Chrysler

Chrysler brings back the Dodge Dart

Full Story at money.cnn.com NEW YORK (CNNMoney) — Chrysler Group unveiled its much-needed new small car, the Dodge Dart small car at the Detroit auto show Monday. The car is expected to go on sale later this year at prices starting at about $16,000. Official fuel economy estimates aren’t available, yet. The Dart is based [...]

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Chrysler launching new 200, Avenger sedans

Full Story at msnbc.com STERLING HEIGHTS, Mich. — Chrysler Group wants to show the world that it’s serious about mid-size sedans. After years of disappointing sales, the company on Monday launched production of the revamped Chrysler 200 — which replaces the Sebring — and the Dodge Avenger. The cars have a new look, new engines [...]

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GM, Chrysler each to hire 1,000 engineers

Full Story at msnbc.com HAMTRAMCK, Mich. — General Motors and Chrysler, two companies that nearly died last year before getting government bailouts, showed further signs of recovery Tuesday as each announced plans to hire 1,000 engineers and researchers. GM’s hiring will begin immediately and run through the next two years as it adds staff to [...]

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Turnaround for Big Three automakers? Not so fast

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — One year ago, the U.S. auto industry faced the worst crisis in its history. Chrysler Group filed for bankruptcy on April 30, the same week that GM announced a plan that put it on the path toward its own bankruptcy a month later. Ford Motor (F, Fortune [...]

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Get ready for more Italian cars on U.S. roads

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — In the next few years, we’ll be seeing more Italian cars on American roads as Fiat and Alfa Romeo return to the states after a nearly two decade absence. Fiat and Chrysler chief executive Sergio Marchionne says we’ll also be seeing more Italian vehicles sold under the [...]

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Chrysler on track to break even in 2010: CEO

Full Story at msnbc.com NEW YORK – Chrysler Group LLC is on track to break even on an operating basis in 2010 and is ahead of its turnaround targets, Chief Executive Sergio Marchionne said on Tuesday. Chrysler, which emerged from a U.S. government-supported bankruptcy in June under the management of Italy’s Fiat SpA, has been [...]

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Forget Toyota. Chrysler’s got the most problems.

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — The car company that is off to the worst start of 2010 isn’t Toyota. It’s Chrysler Group. Industry experts say that even though Chrysler’s overall sales are down only 3% during the first two months of the year, estimates show more than half of Chrysler’s sales have [...]

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900 auto dealers file to appeal shutdown

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — About 900 General Motors and Chrysler dealerships that got the ax as the Detroit giants went through bankruptcy have filed notice that they will appeal their shutdown, according to the American Arbitration Association. The nearly 3,000 dealerships the auto manufacturers scrapped have until Monday to file with [...]

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Chrysler: Check engine now

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — Three months after coming through a federally-financed bankruptcy, the new Chrysler Group still faces serious trouble with no quick solution in sight. The carmaker may have been given a sleek and shiny new balance sheet, but the products on the showroom floor are the same stale cars [...]

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Chrysler takes Daimler to court over parts

Full Story at money.cnn.com DETROIT (Reuters) — Chrysler Group LLC. has sued Daimler AG, saying the German automaker has failed to honor supply contracts for parts essential for the production of key 2010 Chrysler vehicles. Chrysler, which emerged from bankruptcy in June under new management led by Fiat SpA, said in the lawsuit filed Friday [...]

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‘Chrysler made a big mistake’ – one dealer’s story

Full Story at money.cnn.com CNNMoney.com) — After filing for bankruptcy, Chrysler in May notified almost 800 dealers around the U.S. that they would lose their franchise licenses and be kicked out of the restructured automaker’s dealer network. Steve Biegler, who runs the dealership his grandfather started, was one of those targeted. Last week, Chrysler sent [...]

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