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Chrysler News
Chrysler is one of six brands operated by Chrysler Group LLC, which emerged from Chapter 11 bankruptcy in June 2009. Italian automaker Fiat currently holds a majority stake in the company. Founded in 1925 by Walter P. Chrysler, Chrysler is the only one of the Detroit 3 automakers to have ever been controlled by a foreign company, the first being Daimler-Benz from 1998 to 2007 and now Fiat.
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0Report: Does the future of Fiat-Chrysler include Dodge? 1371137400
Ward's Auto reports the future of Dodge is looking uncertain. Fiat has more or less laid out its game plan for the next few years, and while the Chrysler, Fiat and Jeep lines are set to receive plenty of love, Dodge isn't so lucky. Fiat has already hobbled Dodge significantly by splitting off the brand's trucks into a separate Ram line. Ward's says that ...
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Report: Pickup prices rising at 2x industry average 1370962860
We've said it before, but bears repeating: Pickup trucks are the financial engines of America's automakers. Good thing, then, that the segment is in rude health – in fact, Automotive News is suggesting that pickup truck sales are arguably healthier than they were pre-recession, even though the segment's volume is still significantly down from where ...
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Report: Bob Lutz, UAW rep commend Chrysler for not bowing to NHTSA recall pressure [w/poll] 1370892660
Bob Lutz, the well-known executive with a range of automakers including both General Motors and Chrysler, says he supports Chrysler for not caving under federal pressure to issue a recall on 2.7 million Jeep vehicles. The National Highway Traffic Safety Administration is arguing that the plastic fuel tanks positioned behind the axles of certain 1993-2004 ...
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Recalls: Chrysler recalling 630k Jeep models worldwide 1370539860
Despite its refusal to recall 2.7 million Jeep Grand Cherokee and Liberty models this week over a gas tank fire risk, Chrysler will be recalling 630,000 Jeep Compass (pictured), Patriot and Wrangler vehicles around the globe for a pair of entirely different reasons. The affected Compass and Patriot models are all from the 2010 to 2012 model years – ...
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Opinion: Chrysler taking big risk snubbing NHTSA 1370456100
Maker Insists Feds Overstate Risk Of Fires With Grand Cherokee, Liberty Models It's not often that recall stories make it above the fold, in that old newspaper parlance, but when one shows up as the lead story on the network evening news programs, you know it's something big. And so it is with Chrysler snubbing its nose at a request by the National ...
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Official: Chrysler defies NHTSA, says it won't recall 2.7M Jeep Grand Cherokee, Liberty models 1370434500
Facing a possible recall totaling around 2.7 million of its most popular SUVs, Chrysler remains insistent that the 1993-2004 Jeep Grand Cherokee and 2002-2007 Jeep Liberty are safe vehicles. This comes on the heels of a recall request from the National Highway Traffic Safety Administration for these two models due to fuel tanks mounted behind the rear ...
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Official: Ram helps power Chrysler to 11% gain in May 1370283300
Increasing consumer demand for Ram pickup trucks and big SUVs has helped to boost May sales for Chrysler. Ram sales were up a total of 24 percent year-over-year for the month of May. In addition, Dodge sales increased by 23 percent in May, with the standout Durango clocking a 24-percent year-over-year improvement (with an updated 2014 model in the wings, ...
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Featured: I sold my Viper, but the memories I'll keep 1369958280
The following is written by auto industry veteran Tom Kowaleski. The words are his own, but the memories now belong to everyone thanks to his willingness to share. If you're an industry veteran with a story to share, contact us at tipsATautoblogDOTcom. It became the flame that started the fire of belief in the next life of Chrysler. I just sold a ...
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Report: Fiat seeking $10B in financing to buy Chrysler 1369927680
As Fiat looks to become the full owner of Chrysler, all it has standing in its way is the retiree trust of the United Auto Workers, which currently holds the remaining 41.5 percent of the company as the result of the Pentastar's bankruptcy deal. The Detroit News is reporting that that Fiat is currently talking to numerous banks in an attempt to raise ...
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Report: Italian government to lean on Fiat's Marchionne to commit to country 1369580880
With the recent chatter that Fiat is looking to move its global headquarters to the US following a complete merger with Chrysler, the Italian government is voicing its opinion on the matter. Facing the potential job loss from the automaker leaving the country, Italy's industry minister is meeting with Fiat CEO Sergio Marchionne in what will likely be a ...
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Report: Automakers donating money, vehicles and supplies to Oklahoma tornado relief effort 1369431840
Judging by the destruction the Oklahoma City area experienced earlier this week, residents are going to need a lot of help in coming months. Fortunately, a number of automakers – including General Motors, Ford, Chrysler, Volkswagen, Honda and Toyota – have stepped up to donate money, supplies and vehicles to aid in the recovery and rebuilding ...
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Report: Move over Audi, now Chrysler has a beef with Tesla's claims 1369322940
In the same week that Audi said "not so fast" to some claims from Tesla, Chrysler has responded to a new press release from the California-based EV-maker by saying "not exactly, Tesla." The statement, released through the company's blog, comes in response to Tesla claiming it was "the only American car company to have fully repaid the government." ...
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Report: Marchionne offers belated apology for 'wop engine' comment 1369246440
Automotive News reports Fiat-Chrysler CEO Sergio Marchionne has issued a written apology for his comments regarding his decision to stick with an Italian engine for the upcoming Alfa Romeo 4C. As you may recall, back in January, Marchionne was quoted as saying, "I cannot come up with a schlock product, I just won't. I won't put an American engine into ...
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Report: Ford and Chrysler reducing summer plant shutdowns 1369243740
Most domestic automaker assembly plants traditionally take a couple of weeks off during the summer. The shutdowns give each plant time for much needed repairs and maintenance, and in some cases, help better align production with demand. Not this year, though, as demand for many models is outstripping what Ford, Chrysler and General Motors plants can ...
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Report: Chrysler readying Hellcat V8 with Viper-like power 1369148220
A monstrous supercharged V8 engine could be in store for Chrysler and SRT products, if recent rumors are to be believed. Allpar is reporting that the forced-induction V8 – Chrysler's first, if this goes down – could make its debut this summer. The story goes that the Hellcat would be based on a 6.2-liter Hemi engine, rather than on the ...
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Report: Detroit automakers gain Q1 market share simultaneously for first time in 20 years 1367420400
While monthly sales figures might be an easy way of tracking the progression of the auto industry and individual automakers, looking at market share might be more indicative of how each company is actually standing up against its competitors. For the Detroit Three automakers, they have collectively lost almost 30 percent of the market over the last 20 ...
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Official: Chrysler reports $166M net income for Q1, down $307M vs. 2012 1367256600
Preliminary first-quarter results from 2013 have been announced by Chrysler, and the company is reporting a net income of $166 million on revenue of $15.4 billion. Compared to this period last year, net income is down $307 million and revenue has dropped $1 billion. Chrysler says that its quarter was negatively affected by the costs associated with ...
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Official: Chrysler investing $20M in Toledo plant to support 9-speed auto production 1367175900
In 2011, Chrysler announced a $72-million investment in its Toledo Machining Plant to modernize production of the eight- and nine-speed torque-converters for automatic transmissions made there. That upgrade work won't be finished until Q3 of this year, but Chrysler has already announced a further $19.6-million investment to increase production capacity ...
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Chrysler CEO: natural gas better than electricity to move vehicles, so government should back off 1366991760
Fiat-Chrysler CEO Sergio Marchionne continues to believe natural gas as the most viable alternative to conventional fueling and says government should stop pushing electric-drive ahead of other advanced-powertrain choices, the Detroit News says. Marchionne calls natural gas "the cleanest alternative available" and reiterated his longtime claim that Fiat ...
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Report: Fiat pondering swallowing rest of Chrysler, US IPO 1366833660
At the moment, Fiat is in court with the United Auto Workers, waiting for the justice system to provide some guidance on a fair price for 41.5-percent of Chrysler it doesn't own. Fiat owns 58.5 percent of the company and wishes to buy the remainder, which is owned by the union's VEBA retiree trust, but the Italian company and the UAW are on different ...
