Fiat CEO: Some Automakers Must Shrink!
24 Apr 2009, 14:09 UTC · By: Bogdan Popa / With the Fiat - Chrysler alliance negotiations making the headlines every day, Sergio Marchionne, chief executive of the Italian automaker, insisted that some automakers must indeed bite the dust be...
US Prepares Chrysler for Bankruptcy
24 Apr 2009, 13:05 UTC · By: Bogdan Popa / It seems like Chrysler's fate is now sealed: the American car giant is going nowhere but towards Chapter 11, as bankruptcy remains the only possible option taking into account the current situa...
Fiat Submits Bid for Opel
23 Apr 2009, 15:44 UTC · By: Daniel Patrascu / With a swift blow to Chrysler's groin, Fiat has submitted an offer to take over Opel, one of GM's brands. Or at least this is what recent reports claim, backed by Klaus Franz's, chair...
Fiat Denies Chrysler Alliance Is Almost Done
23 Apr 2009, 12:22 UTC · By: Bogdan Popa / Rumors surrounding the Fiat-Chrysler alliance continue to surface and a recent report even claimed that the agreement is "90 percent done". Nevertheless, officials of the two companies con...
Chrysler Minivan EV for the US Postal Service
23 Apr 2009, 10:15 UTC · By: Daniel Patrascu / For those of you who don't know, today is Earth Day in the US, an opportunity for tree huggers to state their point (and watch, for the 100th time "An Inconvenient Truth"), for oil co...
Fiat Will Name Chrysler's Board
17 Apr 2009, 16:15 UTC · By: Daniel Patrascu / If the alliance between the two manufacturers eventually takes shape, Fiat will not limit itself to the 35 percent stake in the American manufacturer, but will also get control of Chrysler's bo...
Fiat Denies Rumors, Says Not Interested in Opel
17 Apr 2009, 16:03 UTC · By: Bogdan Popa / Following a report that Fiat may turn its attention on Opel in case the Chrysler alliance becomes impossible, Fiat Chairman Luca Cordero di Montezemolo came out and denied the speculation, saying th...
Chrysler to Launch Full-Electric Sports Car By 2010
16 Apr 2009, 14:53 UTC · By: Bogdan Popa / Even if the company is yet unsure whether it is able to get through the crisis and keep its head above the water, rumors surrounding its future models keep coming. The latest in this series is a rep...
Chrysler Replies to Fiat's Threats
16 Apr 2009, 10:44 UTC · By: Daniel Patrascu / As we told you yesterday, Chrysler's difficulties into reaching a convenient agreement with unions from both Canada and the US have placed future-maybe-partner Fiat in a defensive stance. Fiat&...
Chrysler Pledges for New Jobs in Michigan
15 Apr 2009, 12:54 UTC · By: Bogdan Popa / As part of the Chrysler - A123Systems partnership to build a full-scale battery manufacturing facility in Michigan, the American car manufacturer today reaffirmed its commitment to help the local a...
Fiat-Chrysler Alliance Near Death
15 Apr 2009, 10:04 UTC · By: Daniel Patrascu / The trans-Atlantic love story between Chrysler and Fiat may come to an end even before it really began. As in all such stories, at fault is neither of the two sides, but a third interested party whi...
Standard and Poor's Raises Ford's Rating, Expects Bad Year
14 Apr 2009, 14:54 UTC · By: Daniel Patrascu / While over the weekend rating provider Standard and Poor's lowered its ratings for struggling manufacturers GM and Chrysler, not the same can be said about the other Detroit Three giant, Ford. ...
2012 Jeep Grand Cherokee SRT8 Previewed
13 Apr 2009, 13:29 UTC · By: Bogdan Popa / Although Chrysler is desperately seeking money to get through the crisis, its Street and Racing Technology (SRT) division stays away from all bankruptcy warnings and continues operations in normal c...
Chrysler Stops Dealer Bonuses
13 Apr 2009, 10:51 UTC · By: Daniel Patrascu / Chrysler will stop give bonuses to dealers for meeting wholesale vehicle orders targets, at least for May, because... they don't like to. The dealers will be notified about the change sometimes...
Hyundai Goes After Denny Hecker
13 Apr 2009, 08:56 UTC · By: Daniel Patrascu / The Minnesota based car dealer Denny Hecker has been sued by Hyundai Motor Finance for a $104 million debt, following in the footsteps of American manufacturer Chrysler, who also sued Hecker for an ...
Marchionne to Head Chrysler?
13 Apr 2009, 08:28 UTC · By: Daniel Patrascu / The deadline given by the US government to Chrysler is slowly approaching its term and some major changes are expected to take place not only in the lower ranks, but at the top level management as w...
Standard & Poor's Cut GM, Chrysler Ratings
13 Apr 2009, 06:17 UTC · By: Daniel Patrascu / The watchful eye of rating provider Standard & Poor’s decided to cut their debt ratings of both US manufacturers GM and Chrysler. The company did that based on the fact that the two compan...
Obama to Detroit 3: Give Us 17,600 Hybrids
10 Apr 2009, 13:32 UTC · By: Catalin Tudor / The American president Barack Obama has announced today that his new administration's plan is to buy 17,600 fuel efficient vehicles from General Motors Corp., Ford Motor Co. and Chrysler LLC....
Chrysler Officials Drive Fiat 500 to New York Auto Show
9 Apr 2009, 12:33 UTC · By: Bogdan Popa / We already knew that as part of the Chrysler - Fiat alliance the American automaker is going to bring a number of European models in the United States, but what we have here might be the first sign ...
Next Generation Chrysler 300 Interior Official Photo
9 Apr 2009, 10:51 UTC · By: Bogdan Popa / The first photo showing the interior of the next generation Chrysler 300 came out yesterday at the New York International Auto Show as the company rolled out the new 2011 Jeep Grand Cherokee. The fi...