Chrysler Group

Sergio Marchionne stopped by Chrysler's transmission manufacturing facilities in Kokomo, Indiana and delivered some good news. The Chrysler Group plans to invest $843 million into the plants to modernize them and prepare for the production of a new front-wheel drive automatic transmission. This pushes the automakers total investment dollars near the $3 billion mark, dating back to June of 2009, with $1.1 billion of that earmarked specifically

Fiat 500 – Click above for high-res image gallery

Mopar '10 Challenger – Click above for high-res image

2011 Jeep Grand Cherokee – Click above for high-res image gallery

The United States Treasury Department, under the direction of pay czar Kenneth Feinberg (pictured) has cut the total cash compensation for the top 25 executives at both General Motors and Chrysler, among other companies who received bailout assistance under the $700 billion Troubled Asset Relief Program (TARP). On average, the overall compensation for 2010 is down 15 percent versus 20

When a report came out earlier this week regarding Fiat's intentions for Chrysler (making it a Cadillac competitor), Dodge (focusing on driving dynamics) and Jeep (being, well, Jeep), one semi-iconic nameplate was left out of the discussion: Ram.

Chrysler 200C concept car - click above for high-res image gallery

Joseph Heller's novel Catch-22 is an assault on bureaucratic circular logic, and when talk turns to Chrysler's bankruptcy, you can almost picture the book's character, Yossarian, shaking his head about the latest developments surrounding warranty claims. Current Chrysler owners might find themselves owning vehicular orphans whether or not the company manages to stick around in some form. Chrysler's bankruptcy deal, where there's an upside and a downside to the Schwartz, could see the ne

As you'd imagine, it's pretty tough to run a successful auto company if there's no viable product in the pipeline. Chrysler has seen its fair share of negative press for not announcing a clear strategy to rebuild the heart of its line-up, namely the Chrysler Sebring and the Dodge Avenger, and it's unclear how much life the aging 300C and Charger platform has in it. According to Chrysler's product development chief, Frank Klegon, though, there's nothing to worry about... assuming that the Feds pu

The automotive sales sector is in a major state of flux as consumers continue to run from SUVs and pickup trucks into smaller, more fuel efficient cars. One manufacturer hit especially hard by this transition is Chrysler, a company that recently posted the worst fleet average fuel economy numbers of all major automakers in the U.S. due to its truck-heavy lineup. Still, the automake

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, for Cerberus, and spends his days at Chrysler's Auburn Hills headquarters, presumably gathering info for Cerberus on what aspects of the business need the German exec's magic touch the most. When the

Another action group has set its sights on the auto industry, this time its People for the Ethical Treatment of Animals. PETA has the Chrysler Group in its crosshairs for a loose connection it maintains with the annual Iditarod Trail Sled Dog Race held in Alask, which officially starts this Sunday. Clearly PETA has a problem with using sled dogs as an engine for ground-based transportation over snow. We get that. What we do

According to the Financial Times, General Motors has actually created a group to explore a potential purchase, alliance or other relationship with the Chrysler Group. Rumors have continued to persist that General Motors is interested in outright purchasing the Chrysler Group from DaimlerChrysler, but the fact that this exploratory group is headed by the same guy, Fritz Henderson (shown), who led the team that studied and eventually recommended against a possible tie-up with Nissan/Renault, adds

This afternoon Chrysler revealed more details on one part of its plan to extensively reduce its workforce by 13,000 workers between now and 2009. The details today concern the 2,000 salaried workers that will be leaving the company. Chrysler hopes it can entice at least 1,000 of those salaried workers to leave by June 30th of this year.

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 for the punchline), Automotive News is reporting

After all the sales numbers for the month of January were released, reports began popping up that Ford had fallen to fourth place in sales in the U.S. last month behind General Motors, Toyota and the Chrysler Group. This is nothing more than selective journalism, with journos picking out the numbers that serve a sensational headline like "Ford's #4!". Basically, the battle for third place in sales in the U.S. is betwe