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Ex-Chrysler Pres. Tom LaSorda to advise Penske on Saturn sale
Penske Automotive Group has reportedly contracted the services of former Chrysler President Tom LaSorda, who left the automaker when it filed for Chapter 11 protection on April 30th, to advise it on its possible bid to purchase the Saturn brand from current parent General Motors. Up until the year 2000 when he joined Chrysler, LaSorda had been an executive at GM. Earlier this month, Roger Penske, CEO of the second largest dealership group in the U.S., said that his company was interested in future opportunities with the Saturn brand. According ... Read more →
Chrysler to Canada: Pay up, or we leave Alex Nunez
Chrysler LLC President and Vice Chairman Tom Lasorda spoke to Canadian Members of Parliament during a hearing in Ottawa on Wednesday, and based on the account published by ReportOnBusiness.com, it ...
POLL: How will Jim Press affect the fortunes of Chrysler LLC? John Neff
Wow, we're still reeling a bit from this morning's news that Chrysler hired off Toyota North America's top executive, Jim Press. He now shares the title of Vice Chairman and President with Tom ...
BREAKING: Jim Press leaves Toyota for Chrysler! Sam Abuelsamid
var digg_url = 'http://digg.com/business_finance/BREAKING_Jim_Press_leaves_Toyota_for_Chrysler'; Despite recently renewing his contract with Chrysler, it's looking more and more like Tom LaSorda's ...
New CEO Nardelli takes over at Chrysler as LaSorda stands by John Neff
Chrysler's new Chairman and CEO Bob Nardelli introduced himself at a press conference this morning as his new No. 2 Tom LaSorda stood by his side (more like directly behind him). LaSorda, who until ...
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By The Numbers - September 2009: Post C4C, We're All Alright Edition -
Green:AltCar 2009: Touring the show with the Governator
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, ...
What's up with Wolfgang? He's back at Chrysler 2 years ago on Autoblog
Immediately following the sale of Chrysler to Cerberus, people began speculating on what role former Chrysler exec Wolfgang Bernhard would take up in the newly minted Chrysler Corp. Even we jumped on the bandwagon and suggested Bernhard, who had been hired on by Cerberus to advise the sale, would ...
Tell us what you really think: Lee Iacocca slams Daimler 2 years ago on Autoblog
There aren't that many people in the world who have a stronger emotional connection to Chrysler Corp. than Lee Iacocca, father of the minivan and savior for Chrysler during the early '80s. In an article featured in BusinessWeek, Iacocca reveals his feelings and thoughts about Daimler AG's sale of ...
LaSorda speaks: We're not breaking up the band! 2 years ago on Autoblog
The newly minted Chrysler Corp. held its first press conference today and carryover CEO Tom LaSorda made it clear that all of Chrysler's brands will be kept together after the sale to Cerberus Capital Management goes through. Many have been wondering if Cerberus would pull an Edward Lewis à ...
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 ...
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 ...
BREAKING: Tom LaSorda spams the troops to pick up morale 2 years ago on Autoblog
There are plenty of reports today that morale at Chrysler is in a tailspin right now due to all of the rumors swirling about the potential sale of the company. Having been through several buyouts and mergers (both attempted and successful) in the past 15 years, I know that one of the worst things ...
Chrysler Group announces Recovery and Transformation plan 2 years ago on Autoblog
var digg_url = 'http://www.digg.com/business_finance/Chrysler_Group_comes_up_with_plan_to_save_company_or_be_sold_off'; Project X has now officially been renamed the Recovery and Transformation plan by the Chrysler Group, which plans to reduce its workforce by 13,000 people between now and 2009. ...
Chrysler's "Project X" calls for 10,000 jobs cuts, two closed plants 2 years ago on Autoblog
We have more details on the rumored restructuring plan that the Chrysler Group is expected to announce on February 14th. First, it's dubbed internally as "Project X", which must mean it involves chimpanzees and large doses of radiation. In addition to radiated chimps (we're kidding, click the link ...
The buzz is wrong: LaSorda says no Hornet from China 2 years ago on Autoblog
Despite early assumptions, it looks like the Dodge Hornet has been swatted down for now. The news comes out of a talk Chrysler's media-only Firehouse blog recently had with Chrysler Group President and CEO Tom LaSorda. Q – Will this car mean the death of the Hornet, the muscular small car ...
Chrysler to present restructuring plan in February 2 years ago on Autoblog
Chrysler Group CEO Tom LaSorda travelled to DaimlerChrysler's headquarters in Stuttgart, Germany, last Wednesday to present a restructuring plan to the company's management board. The Detroit News reports that the plan will involve job cuts and and the closing of at least two plants in the U.S. The ...
LaSorda recognizes Chrysler's ads are lame 3 years ago on Autoblog
During a meeting with Detroit-area dealers, Tom LaSorda, Chrysler group's CEO, expressed his displeasure with the current advertising route employed by the Detroit New York offices of BBDO. He specifically singled out the ad where a stranded motorist enlists the help of a Nitro driver to jump his ...
Western Europe will be first to get small Dodge 3 years ago on Autoblog
It's been almost two months since we last talked about Dodge's rumored partnership with Chery. So we thought we'd bring you an update. It now looks like Western Europe is being tabbed as one of the key markets for this small Dodge when it launches. Chery Automobile of China is still the most likely ...
Meeting of the Minds: Big Three and Bush to talk on Tuesday 3 years ago on Autoblog
Bill Ford, Rick Wagoner and Tom LaSorda have been twiddling their thumbs since May waiting for the White House to confirm a date for the Detroit trio to meet with George Bush, the D.C. decider. Tentative times have come and gone, and as each one passed, the perception that the current administration ...
Slummin' it: Chrysler execs testing used vehicles 3 years ago on Autoblog
Thinking that top executives had perhaps gotten out of touch with what the real world buyer of their cars is experiencing, Chrysler CEO Tom LaSorda is sending 250 top executives out to test drive some used cars. He has them driving three-year-old DaimlerChrysler products because he wants them to ...
Chrysler dealers don't want '07s 3 years ago on Autoblog
Chrysler, and all the brands contained within, is not experiencing the typical surge in dealer orders for model year 2007 vehicles that's typical for this time of year. Dealers, unable to unload the 2006 models already on their lots, are all about supporting their company, but not at the expense of ...
Forbes' lists America's best driving roads 3 years ago on Autoblog
We have to hand it to Forbes' on this one. This has been a feature that some of us have been mulling over for several months. The only thing that has caused us to hesitate is simply greed. We don't want everyone to know about our favorite roads. We've kept them hidden for so long that divulging ...
Chrysler considering Chinese partner for supermini 3 years ago on Autoblog
When Dodge entered the UK market in June of this year, they knew that producing a sub-compact vehicle for European consumption had to part of an overall brand strategy. Vehicles like the Charger and upcoming Challenger weren't going to be viable contenders in the European marketplace, so Dodge has ...
Officially official: Challenger a "Go"! 3 years ago on Autoblog
As we reported yesterday, the Dodge Challenger was officially given a green light for production today. The announcement was made by Chrysler Group President and CEO Tom LaSorda before the Pepsi 400 NASCAR race at Daytona International Speedway. After 35-years off the market, the Dodge Challenger ...
Chrysler Group to reveal 2007 model lineup tomorrow 3 years ago on Autoblog
click for hi-rez version The Chrysler Group has planned a "What's New" event tomorrow morning at its Chelsea, MI proving grounds. President and CEO Tom LaSorda will use that stage to reveal the full 2007 Chrysler Group lineup, including the introduction of two new vehicles. We pretty much know ...
Dodge Challenger production decision by fall 3 years ago on Autoblog
Chrysler CEO Tom LaSorda says the company may have a go/no-go production decision on the Dodge Challenger, a concept car hit of the Detroit auto show (above), as early as September. It's been widely assumed that the Challenger was destined for production, to take advantage of the resurgent interest ...
Big Three executives meet with Washington lawmakers 3 years ago on Autoblog
The much ballyhooed meeting between domestic auto industry leaders and U.S. lawmakers came and went today, with the net-net being that the Capitol gang has pledged to work with the manufacturers 'as partners.' Rick Wagoner (General Motors Chair and CEO), Tom LaSorda (DaimlerChrysler President ...
Autoblog Podcast #156: Paukert comes back for more!
Chris, Dan, and Editor Paukert chat and give each other grief. Merriment ensues.
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