daimlerchrysler


2011 Jeep Grand Cherokee launch threatened by parts dispute?

Chrysler and Daimler have been divorced for nearly three years, but the two automakers are still very much entwined when it comes to product. The Chrysler 300, Dodge Charger, and Dodge Challenger use a platform and several components sourced from Daimler. Chrysler's short-term product plans include more Daimler DNA in the the Mercedes-Benz M-Class architecture that forms the basis for the new Jeep Grand Cherokee and Dodge Durango underpinnings. Unfortunately for the Pentastar, Daimler doesn't seem to want to play parts pimp for its ... Read more →

REPORT: If Chrysler goes down, it could cost Daimler $1 billion Dan Roth

Nerves are frazzled in Stuttgart over the troubles facing Chrysler. Let's not forget that Daimler still has a skin in the Chrysler game, and while everyone natters and frets about whether or not Fiat ...

BREAKING: Volvo design chief Steve Mattin leaves company Chris Paukert

Details are scarce at the moment, but we have learned that Volvo's award-winning design director, Steve Mattin, has left the company. While no further details are immediately available (why he left, ...

Who's the Boss? Daimler still wants to offload remaining stake in Chrysler Noah Joseph

For over a decade, ownership of Chrysler has been bouncing back and forth over the Atlantic like an Airbus jet. Since its founding in 1925, it was independently owned and operated right out of ...

What's Chrysler worth to Daimler? Zip, Zero, Nada, Donut Jeremy Korzeniewski

So, just what is a 19.9% stake in America's third largest automaker worth? Um, nothing. So says Daimler, which owns exactly that amount. The German company claims that, for accounting purposes at ...

Hyundai exec talks engine sharing with Mercedes-Benz 1 year ago on Autoblog

Hyundai, now a world-class engine manufacturer, may lend engine technology to Mercedes-Benz for a future four-cylinder powerplant. It was just a few short years ago that DaimlerChrysler, Mitsubishi, and Hyundai banded together in the Global Engine Manufacturing Alliance (GEMA) to build the so-called ...

NHTSA releases '06 CAFE fines, Daimler(Chrysler) takes cake 1 year ago on Autoblog

The automaker formerly known as DaimlerChrysler isn't finished making headlines yet. The NHTSA, which levies fines for manufacturers not meeting CAFE standards, has issued its largest penalty to any automaker, ever, by giving DaimlerChrysler a bill for $30,357.635.50. The fine is for the carmaker's ...

Mercedes-Benz Cars is born today 2 years ago on Autoblog

The last remnants of the merger between Daimler and Chrysler that occurred seven years ago has finally been put out to pasture with the announcement today of a new name for the German automaker. Shareholders voted today on the new name 'Daimler AG', but to keep a connection with co-founder Carl ...

BREAKING: California judge throws out lawsuit against automakers 2 years ago on Autoblog

You might recall about this time last year, California State Attorney General Bill Lockyer filed a lawsuit in Northern California's U.S. District Court asserting that automakers selling vehicles in the Golden State were liable for the hundreds of millions of dollars of damages its products cause. ...

Court removes wind from automakers' sales in Vermont emissions fight 2 years ago on Autoblog

General Motors and the former DaimlerChrysler have been handed a disappointment in a Boston district court. At issue was Vermont's adoption of California's carbon dioxide standard, which requires cars and light trucks to reduce their emissions of the greenhouse gas by 30 percent. GM and DCX brought ...

Daimler deals with Ford to get its name back 2 years ago on Autoblog

The history of Daimler Motor Corp. is very interesting and full of twists and turns. You can read about it here, but the part we're most interested in today starts in 1960. That's when Jaguar obtained the rights to use the Daimler name, and they have continued to use it on top-of-the-line Jaguars ...

Done deal: Cerberus takes control of Chrysler today 2 years ago on Autoblog

var digg_url = 'http://digg.com/business_finance/Done_deal_Cerberus_takes_control_of_Chrysler_today'; August 3, 2007. Today is the day that Cerberus Capital Management LP takes an 80.1% controlling stake in Chrysler, leaving DaimlerChrysler a minority 19.9% share. The "merger of equals" that took ...

Wolfgang Bernhard to become chairman of Chrysler Group 2 years ago on Autoblog

According to a German magazine referenced by Automotive News, Wolfgang Bernhard is expected to be announced as the Chrysler Group's chairman-in-waiting, pending DaimlerChrysler's sale of the automaker to Cerberus Capital Management. Currently Bernhard is an acting advisor, a consultant if you will, ...

Cerberus snag digesting Chrysler? 2 years ago on Autoblog

The euro has reached a record high against the dollar, and that is partly to blame for rumors of Cerberus' difficulty in getting the money to pay for Chrysler. Cerberus is paying DaimlerChrysler $7.4 billion for 80.1% of Chrysler Group, but it is trying to borrow $20 billion. With interest rates on ...

Daimler and Chrysler subsidiaries to remain close 2 years ago on Autoblog

The majority of Chrysler has just been sold to a private equity firm, but that doesn't mean the two divisions - Mercedes and Chrysler - won't continue working closely with each other. Foreign subsidiaries such as those in Australia will continue working almost as one company according to Chrysler ...

Chrysler planning 'debut' party to hype its return to American roots 2 years ago on Autoblog

Playing the role of the wild and free divorcee, Chrysler is sending out 3,700 party kits and invitation to its dealers to mark the automaker's return to all-American greatness. The celebration will run in conjunction with a new ad campaign (TV, print, etc.) that touts the brand's rebirth, along ...

It's a go: Federal regulators clear Cerberus' purchase of Chrysler 2 years ago on Autoblog

Without even waiting for the usual 30-day review period to end, US Government antitrust regulators have officially cleared the purchase of Chrysler by Cerberus Capital Management. While the sale won't officially close until Q3, this means that it won't face any regulatory hurdles or conditions. It's ...

UAW head says Chrysler needs concessions from union 2 years ago on Autoblog

Two years ago, the UAW gave some health care concessions to struggling GM and Ford in an effort to help the Detroit giants save billions of dollars and stay afloat. At the time, Chrysler was relatively well-off and so the union rejected a similar package for them. UAW President Ron Gettelfinger says ...

Jurgen Schrempp could make $134 million from the sale of Chrysler 2 years ago on Autoblog

Jurgen Schrempp was a visionary. He didn't pull off his vision of massive synergies and massive profits for DaimlerChrysler. He did, though, manage to conjure and pull off the vision of massive profits for himself. In spite of a $36 billion dollar "merger" that turned almost immediately into a ...

Mercedes relents: Will go it alone like BMW 2 years ago on Autoblog

It seems obvious now, but the sale of Chrysler leaves Mercedes Benz in a similar position as it's cross-country rival, BMW. Back when BMW bought the ailing MG-Rover marque, the results, to say the least, were less than positive. When the dust finally settled after the sale of Rover in 2000, the ...

Autoblog Podcast #66 2 years ago on Autoblog

The last couple of days, we've all been inundated with news of Chrysler's sale to Cerberus, and that's what we lead Podcast #66 with. As much as it makes analysts and pundits foam at the mouth, news about the sale is a pretty dry affair. We'll be keeping an eye on how things go with the newly ...

Chrysler's Tom LaSorda webcast at 1:30 PM EST 2 years ago on Autoblog

You too can front like you're a member of the press when Chrysler CEO and President, Tom LaSorda addresses questions from the seething throngs during a press conference today at 1:30 PM EST. Naturally, the topic of conversation will be the sale of Chrysler to Cerberus Capital Management. We're not ...

Big 2.5 increase sticker prices to combat slow sales 2 years ago on Autoblog

When sales slow, the old business adage dictates that you either cut expenses or raise rates. For the two big boys left in Detroit and the soon-to-be, if not already, sold off Chrysler corp, the latter seems to be the only viable option. A recent sales droop is causing all three automakers to ...

Cerberus buying Chrysler for $7.4 billion 2 years ago on Autoblog

We've already reported on the forthcoming sale of Chrysler to Cerberus Capital Management, but until now, all the cited reports were mum on price. The New York Times has that figure and it's a cool $7.4 billion. A press conference to announce the deal is expected in about three hours, at 8 AM EST. ...

Chrysler Group recalling 270,000 minivans to fix airbag sensors 2 years ago on Autoblog

The Detroit News is reporting that DaimlerChrysler has recalled 270,000 units of the 2005 Dodge Caravan and Chrysler Town and Country minvans to fix airbag sensors that could corrode and fail to activate. The recall, however, only affects minvans that were sold in 20 states and Washington D.C. ...

12,600 people place $99 order for Smart fortwo in U.S. 2 years ago on Autoblog

United Auto Group Inc., the auto retailer charged with distributing the Smart fortwo when it arrives on U.S. shores in 2008, is reporting that 12,600 people have plunked down $99 to become a Smart "Insider" and reserve a spot in line to buy DaimlerChrysler's microcar. That number of people ...

Which of the Big 3 is getting its "Freakonomics" on? 2 years ago on Autoblog

The book Freakonomics sat atop the New York Times Best Seller list for an ungodly amount of time a year or two back and one of the Big 2.5 is looking to tap into the knowledge imparted by the author, Steven Levitt. Levitt's thesis in the book was that the staid methods of analyzing data aren't ...

Chrysler bidding continues, Magna in front 2 years ago on Autoblog

WLNS television out of Lansing, Michigan, reports on its web site that analysts have said Magna International is leading the race to win (buy, rather) The Chrysler Group. Magna is the Canadian parts supplier to Chrysler and several other automotive companies, and recently brought on Onex, a Canadian ...

Nearly half of Chrysler's products go to fleets, Pontiac isn't doing much better 2 years ago on Autoblog

What did Chrysler do with its highly publicized production glut? Unloaded them onto fleets. Between September and February, 48.5-percent of Chrysler's sales were sold in quantities of ten or more. Even more troubling to dealers and consumers, close to 80-percent were bought up by rental car ...

Chrysler workers making long shot bid to buy automaker 2 years ago on Autoblog

The Detroit News is reporting that a group of 25 Chrysler employees in Toledo have formed a group called the "Employee Buyout Committee" and are actively exploring the necessary steps required to see the fate of Chrysler end up in the hands of its employees. Their proposal would give Chrysler ...

Chrysler to build new plant in Michigan 2 years ago on Autoblog

With all the news surrounding the possible sale of Chrysler, it's nice to know that the forlorn automaker is still looking to the future and revamping aging production centers. An announcement is expected later this week regarding a new axle plant that will supposedly be built somewhere northeast ...

Rare info on Chrylser bidder Cerberus reveals a "fierce reputation" 2 years ago on Autoblog

Cerberus was the mythological 3-headed dog that guarded the gates of Hades. Cerberus Capital Management is the very real private equity firm -- one of the bidders in play for the Chrysler Group -- that guards the privacy of its dealings almost as jealously. USA Today takes a look at the firm and ...

Dodge returns to the Land of the Rising Sun 2 years ago on Autoblog

While (potential) buyers sniff around The Chrysler Group, DaimlerChrysler is still working to keep the brand in fighting shape for its (potential) future owner, announcing that Dodge will return to Japan after a 5-year absence. Four models have been announced to go on sale through its local ...

Domestics cut down the number dealerships 2 years ago on Autoblog

One of the issues ailing domestic automakers is a bloated sales network, which sometimes includes pitting two dealers of the same brand against one another within the same market. Chrysler, Ford and General Motors have been trying to make inroads into this problem over the past year, and while ...

Chrysler's savior? Kerkorian stresses his desire to partner with the UAW 2 years ago on Autoblog

As 4,312 hourly Chrysler workers in Canada and the US accepted early retirement and buyout plans, Kirk Kerkorian released a statement again asserting his desire for a "true partnership" with the UAW and Chrysler management that would entail "equal sharing in the 'risks and rewards'" of a sale to his ...

Kerkorian will offer up to $4.6 billion for Chrysler 2 years ago on Autoblog

Tracinda, billionaire investor Kirk Kerkorian's company, sent two letters today, one to DaimlerChrysler's CEO Dieter Zetsche and the other to the Supervisory Board, detailing an offer of $4.5 billion in cash to buy the Chrysler Group. Kerkorian, who has been major Chrysler shareholder for more than ...

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Autoblog Podcast #151: With Car and Driver's Eddie Alterman

Eddie Alterman wades in with Sam, Chris, Dan, and Jonny to talk about SEMA and other recent events.

 
 

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