2011 Grand Cherokee Debuts with Details and Photos
9 Apr 2009, 07:16 UTC · By: Daniel Patrascu / One of the iconic vehicles to the SUV segment, the Jeep Grand Cherokee, now in its 18th year of existence got a new addition to the line-up at the 2009 New York Auto Show, as Chrysler unveiled the 2...
Ontario Won't Help Suppliers
7 Apr 2009, 17:16 UTC · By: Daniel Patrascu / The economic crisis is taking its toll not only on the automotive industry players, but on states as well. Fighting on the same front as the parts suppliers, the Ontario province, now faced with a C...
Chrysler Keen to Continue Chinese Operations
7 Apr 2009, 14:45 UTC · By: Bogdan Popa / Chrysler LLC today denied rumors that it may quit the Chinese market, explaining that the company will do anything that's possible to continue operations in this particular country. According t...
Chrysler, A123Systems Form EV Strategic Alliance
6 Apr 2009, 14:17 UTC · By: Bogdan Popa / Chrysler has just announced the signing of a new strategic alliance with A123Systems, a US-based battery supplier that would provide advanced battery systems for Chrysler's future electric cars...
Chrysler Financial Confirms $170,000 Lottery Scam
6 Apr 2009, 13:24 UTC · By: Bogdan Popa / Lottery scams have always been a major problems for some companies and, despite their efforts to protect consumers, lots of people are still falling for it. Such an illegal attempt occurred a few da...
March US Sales Down 36.8 Percent
3 Apr 2009, 09:54 UTC · By: Daniel Patrascu / The third month of the year maintained the trend set in January and February, as sales figures for the US market show a 38.6 percent drop. According to Autonews, the only brand that registered a mil...
Chapter 11 for GM and Chrysler Scare Suppliers
2 Apr 2009, 14:24 UTC · By: Daniel Patrascu / Recent escalating talks about the possibility that the two troubled American manufacturers GM and Chrysler could head for Chapter 11 has a snowball effect that could make things worse than they alre...
Fiat's CEO Goes to Detroit
31 Mar 2009, 13:41 UTC · By: Daniel Patrascu / The US governments request made to Chrysler to speed up its alliance process with Italian manufacturer and make it happen within 30 days has determined Fiat CEO Sergio Marchionne to head for Detroit...
Chrysler to Continue "Normal" Operations for 30 More Days
31 Mar 2009, 10:09 UTC · By: Bogdan Popa / The American soap-opera involving Chrysler and General Motors continues, this time with a statement from Chrysler LLC Chairman and CEO, Bob Nardelli. Just as expected, the whole statement is actuall...
The Auto Sector Must Make Sacrifices, Says White House Administration
31 Mar 2009, 09:18 UTC · By: Bogdan Popa / Following President's Obama efforts to help the automotive industry and ailing automakers get back on track, White House spokeswoman Nancy Pelosi issued a statement, emphasizing that she fully ...
Canada Rejects GM, Chrysler Plans, Refuses to Provide Support
31 Mar 2009, 08:03 UTC · By: Bogdan Popa / What could possible be worse than this? General Motors and Chrysler are already on thin ice, with bankruptcy knocking on their doors ever since the fourth quarter of 2008, so they are desperately lo...
GM's Restructuring Plan Is...?
31 Mar 2009, 07:24 UTC · By: Daniel Patrascu / ...what? It is the second, or perhaps the third (we lost count), restructuring plan forced upon or put in place by GM, an unwilling participant in the economic turmoil set in motion by the financial...
Obama Administration Raises Fuel Economy Level to 27.3 mpg
30 Mar 2009, 09:04 UTC · By: Tudor Raiciu / Apart from the already known effects of the pending economic crisis that has savaged the automotive industry, US automakers will have to deal with yet another thorny issue as the Obama administratio...
Chrysler Given 30 Days to Link with Fiat
30 Mar 2009, 09:15 UTC · By: Bogdan Popa / With the March 31 deadline almost here, rumors surrounding the fate of the two ailing American automakers are causing quite a stir in this particular sector. While Rick Wagoner has just announced th...
Chrysler-CAW Deal Comes to a Dead End, New Deadline of Tuesday
30 Mar 2009, 08:13 UTC · By: Bogdan Popa / After American automaker Chrysler warned that it may decide to pull out of Canada unless it reduces labor costs by $19 per hour, everybody expected a final agreement to be reached last week. However...
GM, Chrysler Rescue Plans Come on Monday
29 Mar 2009, 08:14 UTC · By: Daniel Patrascu / The White House confirmed president Barack Obama's announcement regarding the measures the administration will take to help GM and Chrysler on Monday, Autonews reported. A White House spokes...
Obama: The Automotive Industry Must Be Preserved
27 Mar 2009, 13:12 UTC · By: Daniel Patrascu / President Barack Obama has announced that his administration will present the new aid package for GM and Chrysler over the following days, but warned that the two manufacturers will have to make &qu...
Citigroup to Manage the $5 Billion Auto Suppliers Aid
27 Mar 2009, 11:55 UTC · By: Daniel Patrascu / As we already told you, the US government approved at the end of last week a $5 billion aid package to support the struggling auto suppliers. Rumors surfaced claiming the one who will take charge of...
Chrysler Investigated for Securities Fraud
26 Mar 2009, 09:24 UTC · By: Daniel Patrascu / When bad news come, they come in packs. This is what Chrysler officials might think, as yet another problem adds to the troubles American manufacturer Chrysler finds itself in. The state of Indiana ...
GM Job Cuts Begin, 47,000 to Be Laid Off
25 Mar 2009, 08:02 UTC · By: Daniel Patrascu / GM began yesterday its feared job cutback program, aimed at scaling back its workforce in an attempt to get back on track, as agreed with the US government. The manufacturer told yesterday morning s...