added 2007 Tue May 22 16:02:49 by TimALoftis
Ex-Chrysler chairman predicts the automaker will survive because of leadership inside company.
Ex-Chrysler chairman predicts the automaker will survive because of leadership inside company.
added 2007 Mon May 14 17:01:12 by killthewabbit
As of about 7 AM EST, DaimlerChrysler has agreed to sell it's struggling Chrysler arm (or at least 80.1% of it) to Cerberus for $7.4 billion.
As of about 7 AM EST, DaimlerChrysler has agreed to sell it's struggling Chrysler arm (or at least 80.1% of it) to Cerberus for $7.4 billion.
added 2007 Mon May 14 12:05:14 by MyWayOnNow
DaimlerChrysler AG said Monday it will sell more than 80 percent of its money-losing Chrysler Group to private equity firm Cerberus Capital Management LP, unwinding its nearly decade-old deal to merge the U.S. brand with Mercedes-Benz.
DaimlerChrysler AG said Monday it will sell more than 80 percent of its money-losing Chrysler Group to private equity firm Cerberus Capital Management LP, unwinding its nearly decade-old deal to merge the U.S. brand with Mercedes-Benz.
added 2007 Fri May 11 23:29:22 by TimALoftis
DaimlerChrysler AG's Chrysler group is recalling 270,958 minivans in the United States to fix faulty air bag sensors as they may not deploy because of corrosion, U.S. safety regulators said.
DaimlerChrysler AG's Chrysler group is recalling 270,958 minivans in the United States to fix faulty air bag sensors as they may not deploy because of corrosion, U.S. safety regulators said.
added 2007 Mon May 7 15:23:24 by TimALoftis
Crossover defies expectations, stealing buyers from rivals and pulling in young drivers.
Crossover defies expectations, stealing buyers from rivals and pulling in young drivers.
added 2007 Fri Apr 27 14:14:40 by TimALoftis
When Chrysler introduced its dramatic 1955 line called the Forward Look, there was special emphasis on the company's luxury-automobile business. Imperial models were segregated from other Chryslers, creating a more distinct luxury.
When Chrysler introduced its dramatic 1955 line called the Forward Look, there was special emphasis on the company's luxury-automobile business. Imperial models were segregated from other Chryslers, creating a more distinct luxury.
added 2007 Mon Apr 23 17:24:44 by TimALoftis
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 companies.
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 companies.
added 2007 Sun Apr 22 6:21:48 by pagey
To turn around its falling sales numbers, these are the cars and trucks DaimlerChrysler's Chrysler Group must get right.
To turn around its falling sales numbers, these are the cars and trucks DaimlerChrysler's Chrysler Group must get right.
added 2007 Sat Apr 21 13:22:54 by pagey
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.
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.
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added 2007 Fri Apr 20 21:47:39 by populist
Many have feared that a private equity group could liquidate the company to realize the reported $38 billion breakup value and destroy thousands of union jobs in the process.
Many have feared that a private equity group could liquidate the company to realize the reported $38 billion breakup value and destroy thousands of union jobs in the process.
added 2007 Fri Mar 30 13:20:18 by pagey
The Chrysler Group announced Thursday it will offer limited satellite TV service in its 2008 Dodge and Chrysler minivans and several other models, continuing its plan to turn the family cruiser into a living room on wheels.
The Chrysler Group announced Thursday it will offer limited satellite TV service in its 2008 Dodge and Chrysler minivans and several other models, continuing its plan to turn the family cruiser into a living room on wheels.
added 2007 Tue Mar 27 12:53:35 by pagey
General Motors Corp. is not actively pursuing a purchase of the Chrysler Group after talking in January about a potential transaction, people familiar with the talks say.
General Motors Corp. is not actively pursuing a purchase of the Chrysler Group after talking in January about a potential transaction, people familiar with the talks say.
added 2007 Sat Mar 24 14:06:23 by TimALoftis
DaimlerChrysler AG's stock soared Friday to its highest level in more than six years amid indications that the bidding for the Chrysler Group has begun in earnest.
DaimlerChrysler AG's stock soared Friday to its highest level in more than six years amid indications that the bidding for the Chrysler Group has begun in earnest.
added 2007 Fri Mar 23 16:44:38 by pagey
Canadian auto supplier Magna International Inc. and a private equity partner have made a bid to buy the Chrysler Group for about $4.7 billion, according to an analyst report sent early this morning by KeyBanc Capital Markets.
Canadian auto supplier Magna International Inc. and a private equity partner have made a bid to buy the Chrysler Group for about $4.7 billion, according to an analyst report sent early this morning by KeyBanc Capital Markets.
added 2007 Tue Mar 13 12:21:05 by pagey
Canadian Auto Workers members at Chrysler Group's Brampton plant near Toronto changed course Sunday, overwhelmingly voting to accept a pay cut and the outsourcing of jobs in hopes of ensuring that the facility not only remains open but also is expanded.
Canadian Auto Workers members at Chrysler Group's Brampton plant near Toronto changed course Sunday, overwhelmingly voting to accept a pay cut and the outsourcing of jobs in hopes of ensuring that the facility not only remains open but also is expanded.
added 2007 Wed Mar 7 6:10:11 by pagey
As two private equity firms examine Chrysler's books and consider making offers to buy the company this week, they'll try to answer a question whose answer is uncertain: How much is the automaker worth?
As two private equity firms examine Chrysler's books and consider making offers to buy the company this week, they'll try to answer a question whose answer is uncertain: How much is the automaker worth?
added 2007 Sun Mar 4 15:09:28 by TimALoftis
Automakers hope incentives will spark increased truck, car sales
Automakers hope incentives will spark increased truck, car sales
added 2007 Sat Feb 17 15:34:02 by bhartzer
The link under discussion between big-two US automakers Chrysler and General Motors (GM) would be an alliance rather than a merger, a German newspaper report said Saturday as DaimlerChrysler stock rose on speculation of a takeover.
The link under discussion between big-two US automakers Chrysler and General Motors (GM) would be an alliance rather than a merger, a German newspaper report said Saturday as DaimlerChrysler stock rose on speculation of a takeover.
added 2007 Thu Feb 15 19:38:52 by STONERS
General Motors Corp., the world's largest automaker, is in discussions with DaimlerChrysler AG's Chrysler unit on an alliance to share the costs of designing and developing cars.
General Motors Corp., the world's largest automaker, is in discussions with DaimlerChrysler AG's Chrysler unit on an alliance to share the costs of designing and developing cars.
added 2007 Wed Feb 14 14:31:23 by trojanhorse
Analysts say 10,000 hourly workers probably will lose their jobs as part of DaimlerChrysler's effort to cut costs at its Chrysler Group by more than $2 billion, or $1,000 for every car sold in the United States.
Analysts say 10,000 hourly workers probably will lose their jobs as part of DaimlerChrysler's effort to cut costs at its Chrysler Group by more than $2 billion, or $1,000 for every car sold in the United States.
added 2006 Sun Aug 6 13:33:34 by Sidewinder
Austrian company Königseder again prepared for us something new and this time it is american whopper Chrysler.
Austrian company Königseder again prepared for us something new and this time it is american whopper Chrysler.
