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Like a teenage drag race, it seems the Camaro has stalled in 3rd while trying to overtake the Challenger. Now it also looks like dad is not going to buy a new clutch for the Camaro.
General Motors was looking for about $10 billion in government aid specifically to help facilitate the merger (acquisition) of Chrysler. […]
Continue reading " General Motors can’t get help to buy Chrysler, may not buy Chrysler "
Chrysler will be dropping all-wheel drive options on the Chrysler Sebring, Dodge Avenger and Dodge Caliber for 2009. This in not surprising because take rates (those who looked and the cars and then purchased them) for the cars were 1.5, 0.7 and 4.4 percent respectively. “The bottom line is people want fuel economy, and the […]
Continue reading " Chrysler will drop AWD on Some ’09 Models "
General Motors and Chrysler are in merger talks. This is not a typo. The world may soon become filled with Dodge Volts, Hemi Impalas and Chrysler Yukons according to a Wall Street Journal story.
Cerberus Capital Management owns 80.1 percent of Chrysler as well as 51 percent of GMAC Financial Services. The proposal would have a […]
Continue reading " General Motors and Chrysler in merger talks "
It seems that there is no love lost between General Motors and Chrysler LLC. In an apparent move to challenge GM a week after the unveiling of the Chevrolet Volt, Chrysler presented three electric vehicles – a Dodge sports car, a Jeep Wrangler, and a Chrysler Town & Country minivan. The company also disclosed plans […]
This week, it was announced that Trevor Creed, Chrysler’s senior vice president for design, will retire at the end of the month. Ralph Gilles will take over as vice president for design on Sept. 1. Gilles, who is most known for designing the Chrysler 300, already has big plans for Chrysler telling the Free Press […]
Continue reading " Chrysler to get “sexy” under Ralph Gilles "
Chrysler has announced that it will be cutting its free life insurance program for its white-collar retirees. Under the former plan, retirees were given a life insurance policy at no charge that was equal to their last year of pay for anyone who retired before 2003, or $50,000 for anyone who retired after that […]
Continue reading " Chrysler first of Big Three to cut free life insurance for retirees "
Earlier this month Chrysler announced that it would be shutting down its worldwide operations for two weeks this summer, but apparently the Michigan-based automaker forgot to consider one major factor in the shutdown — its employees. According to the Detroit Free Press, through an apparent meltdown in the communication lines, no one informed top […]
Continue reading " Chrysler employees unhappy with mandatory vacation "
Mike Donoughe — the man responsible for heading up Chrysler’s Project D — has resigned from Chrysler. Donoughe, 49, was appointed to oversee Project D — a secret project group that was given the charge of developing new cars to replace Chrysler’s failing Sebring and Dodge Avenger — in January. According to The Wall […]
Continue reading " Mike Donoughe, head of Chrysler’s ‘Project D’, resigns "
