It’s been a while since we’ve heard anything from Chrysler so it’s a bit refreshing that today Chrysler Group brings us some good news. The Auburn Hills automaker announced that its 2010 Chrysler Sebring and 2010 Dodge Avenger have earned the 2009 Top Safety Pick rating from the Insurance Institute for Highway Safety (IIHS).
“When it comes [...]
In the opinion of to the report by The Wall Street Journal, Chrysler’s Deputy CEO Jim Press is planning to leave the company by the end of 2009. Sources told the publications that Press, 62, will leave before the end of this December.
Chrysler spokesman Gualberto Ranieri declined to comment on the report.
When Fiat took control of [...]
According to sources that spoke with The Wall Street Journal, Chrysler Group LLC and Fiat SpA plan on building the US-spec Fiat 500 compact car at Chrysler’s plant in Mexico. Insiders familiar with the matter say that Chrysler is also looking to make a small Fiat engine for the 500 at Chrysler’s Trenton, Mich. facility.
// [...]
Crediors of Chrysler who recently petitioned for approval to sue German automaker Daimler AG, on the claim that they stripped the U.S. company of most of its assets before they sold it, have been given the green light according to Reuters. Judge Arthur Gonzalez, the same judge who presided over Chrysler’s bankruptcy gave the go [...]
NEW YORK — GMAC Financial Services, which provides both automotive and home loans, said Tuesday it posted a wider second-quarter loss of $3.9 billion as it transformed from an arm of General Motors Co. into an independent bank.
In the year-ago period, the company posted a loss of $2.48 billion.
Revenue during the quarter fell 28 percent [...]
The Wall Street Journal reports that Chrysler will no longer offer additional incentives coupled with the nation’s Cash for Clunkers program.
Dealers were offering up to $4,500 in addition to the $4,500 vouchers given by the government, but that deal ends on Tuesday.
From the Wall Street Journal, August 2: Chrysler is changing the message “to focus [...]
