Alfa Romeo 149 Hatchback to Be Based on BMW 1-series
28 Jan 2009, 18:17 UTC · By: Daniel Patrascu / Following last week's announcement that Chrysler and Fiat have joined forces in a strategic alliance, the Italian manufacturer is expected to make public a future cooperation with BMW for the d...
No More Jets for Citigroup During the Crisis
28 Jan 2009, 11:39 UTC · By: Madalina Iancu / After getting a $45 billion from the government, Citigroup had to do something about their plan before the current financial crisis to purchase a new corporate jet . However, an Associated P...
Reactions to Obama's Call to Review Emission Rules
27 Jan 2009, 13:12 UTC · By: Bogdan Popa / As you probably heard, United States President Barack Obama yesterday asked the Environmental Protection Agency to review the greenhouse gas emission rules for vehicles and decide whether the states...
Chrysler to Bring 7 Fiat Models in the US
26 Jan 2009, 17:45 UTC · By: Bogdan Popa / The short story so far: Fiat and Chrysler announced a so-called global strategic partnership and the American automaker confirmed that it plans to bring several models designed by the Italian compan...
GM, Chrysler Urge Dealers to Order Cars
26 Jan 2009, 14:05 UTC · By: Bogdan Popa / Two of the struggling American automakers, General Motors and Chrysler, urged their United States dealerships to order as many cars and trucks as possible in the next two months in order to help the...
Ford: We're in Good Shape, No Loans Needed!
26 Jan 2009, 11:11 UTC · By: Bogdan Popa / Even though the whole automotive industry struggles to counteract the global recession with all kinds of cost-cutting measures, Ford Motor Co says it still doesn't need financial support from t...
Weekly Roundup: 19.01.2009 - 23.01.2009
25 Jan 2009, 10:51 UTC · By: Bogdan Popa / Even though there were rarely dotted with new Formula 1 car launches, the last seven days were mainly focused on general automotive reports, just like it happened the week before. Despite the fact t...
Chrysler Announces Rebates, Struggles To Get Rid of Unsold Stock
23 Jan 2009, 10:13 UTC · By: Madalina Iancu / While some automakers try to get rid of the 2008 unsold stock by selling it to its managers (perhaps you remember the Toyota case), others put across rebates plans for this year. Since we're...
Hybrid Cars Sales Fell By 9.9 Percent in the US
23 Jan 2009, 09:24 UTC · By: Madalina Iancu / Last year, hybrid vehicles were not at all immune to the credit crunch but they also had to face another challenge: fuel prices tumbled to an average of $1.62 per gallon last month. With these pe...
Cerberus to Axe 10 Percent of its Workforce
23 Jan 2009, 08:23 UTC · By: Bogdan Popa / We all know that Chrysler faces one of the toughest times in its history but even so, reports concerning its parent company Cerberus Capital Management made the headlines fairly rare. Unfortunately ...
Fiat 500 to Arrive in the US by 2010
22 Jan 2009, 16:14 UTC · By: Bogdan Popa / First signs of the Fiat – Chrysler will appear early in the United States market as the two automakers plan to bring the popular Fiat 500 model in Chrysler's backyard. Obviously, this wou...
GM Says It Could Run Out of Cash by March 31
22 Jan 2009, 09:04 UTC · By: Bogdan Popa / General Motors is making the headlines once again, as it recently said it may run out of cash as soon as March 31 in case it doesn't receive the second loan payment from the US government. The ...
Dealers Pleased with Chrysler-Fiat Alliance
21 Jan 2009, 16:25 UTC · By: Bogdan Popa / Chrysler's announcement that will form a strategic alliance with the Italian automaker Fiat pleased the American company's dealerships who explain that such a move could also help them rem...
Smaller Marketing Budgets for Automakers in 2009
20 Jan 2009, 15:26 UTC · By: Madalina Iancu / Is the current financial crisis going to put the brakes on marketing and advertising in the auto industry? Highly unlikely, but still it's no surprising at all that more and more automakers are...
Chrysler, Fiat Confirm Global Strategic Alliance
20 Jan 2009, 14:43 UTC · By: Bogdan Popa / Recent reports claiming that Chrysler and Fiat may sign a strategic partnership proved to be true as the two companies have just announced they are forming a global strategic alliance. Under the ter...
Fiat, Chrysler Start Alliance Negotiations
20 Jan 2009, 10:50 UTC · By: Bogdan Popa / Struggling American automaker Chrysler is now in negotiations with Italian company Fiat to form an alliance that could help the US-based firm revamp the production line according to the initial plan...
Chrysler Receives $1.5 Billion from the US Department of Treasury
19 Jan 2009, 15:05 UTC · By: Bogdan Popa / US-based automaker Chrysler announced on January 16 that it has received access for up to $1.5 billion in loans from the US Department of Treasury's Troubled Asset Relief Program, also known as...
Chrysler Discontinues PT Cruiser
15 Jan 2009, 16:07 UTC · By: Bogdan Popa / American carmaker Chrysler today confirmed it will discontinue the PT Cruiser model and will start seeking a potential buyer for the equipment it used to manufacture this vehicle. President Tom LaSo...
Detroit's Big Three Pull Out of this Year's Tokyo Auto Show
15 Jan 2009, 14:37 UTC · By: Alex Oagana / Confirming earlier suspicions, General Motors, Chrysler and Ford have already decided to shun this year's Tokyo Motor Show, according to a report by Automotive News. Supporting earlier rumors, ...
Chrysler Cordoba Spokesman Ricardo Montalban Dies at 88
15 Jan 2009, 14:34 UTC · By: Madalina Iancu / Ricardo Montalban, the velvet voiced Mexican born actor who achieved success as Mr. Roarke on “Fantasy Island”, died of natural causes in his Beverly Hills home on Wednesday, The New Yor...