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0Report: Marchionne admits 50,000-unit sales goal for Fiat 500 "incredibly naive" 1326817800
When Fiat pronounced that it was planning to sell 50,000 Fiat 500 models in 2011, we were more than a little skeptical. And now that 2011 is in the rear view mirror, it seems CEO Sergio Marchionne is ready to admit that the sales target was not very realistic. CNN Money reports that the ...
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Report: Marchionne: "Better than 50% chance" next Ram Dakota going unibody, diesel Durango coming 1326391260
Chrysler CEO Sergio Marchionne has big plans for the Ram Dakota. Inside Line spoke with Marchionne at the 2012 Detroit Auto Show, and the besweatered executive said there is a good chance the next-generation Dakota will likely ride on a unibody chassis. That would mark a serious departure from ...
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Report: Fiat USA has half-year supply of 500 models, 29 of 130 dealers didn't sell one last month 1321909200
The 2012 Fiat 500 seems to be having trouble gaining sales momentum. Automotive News reports that the Italian hatch is likely to fall well short of its admittedly very ambitious 50,000 unit sales target this year. The model hit the market back in March and has only sold 15,826 units through ...
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Official: Chrysler investing $1.7B in Jeep Liberty replacement 1321628400
There will be a new Jeep model to replace the Liberty. It will be built at the Toledo North Assemby Plant, and the plan will include creation of a second shift that will augment the Ohio plant's workforce by 1,100-plus positions. The 2013-model Jeep SUV will be developed with a $1.7 billion ...
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Report: Former car czar Rattner impressed by quick Detroit 3 turnaround 1320274860
Steven Rattner, who headed up the Obama Administration's Auto Task Force during the quick-rinse bankruptcies of Chrysler and General Motors, is more pleased with the success of the auto bailouts than he ever thought he would be. "Overhaul," Rattner's controversial memoir of his time heading up ...
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Report: Marchionne: Two-tier wage structure untenable 1319841060
Chrysler CEO Sergio Marchionne has said that he hopes to end the automaker's two-tier wage structure in the company's next round of labor talks with the United Auto Workers. According to Automotive News, Marchionne said that the current system creates two classes of workers and that it isn't viable ...
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Report: Marchionne aims Maserati at Porsche and Bentley 1319495520
Expanding an automotive empire is tricky business. You can either pit one brand within the group against another, or you have to differentiate them significantly. Volkswagen has opted for the former, with numerous competitors from different group brands in the same segments, but the Fiat/Chrysler ...
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Report: Dodge Grand Caravan, Avenger to be replaced by Fiat-based crossover 1318255260
According to Automotive News, the Chrysler Group will kill off one of its bread-and-butter minivans – the Dodge Grand Caravan – sometime during the 2013 calendar year. This will leave only the Chrysler Town & Country to do minivan battle for the Pentastar automaker. Curiously, ...
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Report: Marchionne named Chrysler board chairman 1315519200
Sergio Marchionne, the man in charge of both Fiat and Chrysler, has been named... the man in charge of both Fiat and Chrysler. Marchionne currently wears the CEO title for both automakers, and now he has officially been crowned as Chrysler's chairman. Besides a nice addition to his resumé, ...
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Report: Chrysler to end Ram Dakota production on Tuesday 1313949660
Chrysler is officially killing the 2011 Ram Dakota this week, which the UAW fears may lead to nearly 150 hourly positions getting the chop. The move has already spelled the end for 39 temporary positions at Chrysler's Warren Truck Plant. Chrysler brass say they still haven't figured out who's ...

