Monday, August 31, 2009

GM dealers face tough standards, sales goals

GM executives met with 430 dealers from around the Midwest at the Rock Financial Showplace as part of a nine-city tour to discuss the future of the automaker's four core brands: Chevrolet, Cadillac, Buick and GMC.a href="http://www.detnews.com/article/20090829/AUTO01/908290314/1148/rss25">Click Here For M...
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United Way to get $525,000 from Chrysler PAC

Money in Chrysler's dormant political action committee fund totaling $525,000 will be donated to the United Way, The Detroit News has learned.a href="http://www.detnews.com/article/20090830/AUTO01/908300304/1148/rss25">Click Here For M...
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Friday, August 28, 2009

Why does GAZ want Opel?

General Motors is still trying to find a solution for its Opel division after the automaker’s board apparently balked at a deal for Magna and Russian bank to acquire control.One of the winners in a deal for Magna and Russian state-owned bank Sberbank to acquire Opel would be Russian automaker GAZ, which has close ties to both the Canadian supplier...
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Chrysler to accept more liability claims

Chrysler Group LLC will accept liability for injuries or deaths occurring after its June 10 exit from bankruptcy that were caused by faulty vehicles produced before that date, the company said today....M...
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Chrysler may be ending partnership in Dundee

Hyundai, Mitsubishi logos are removed from engine plantChrysler Group LLC has removed logos of Hyundai and Mitsubishi from the entrance of the Global Engine Manufacturing Alliance plant in Dundee, in an apparent move to end the four-year-old partnership and take full control of the factory.Chrysler spokesmen declined to confirm that the partners' logos...
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Thursday, August 27, 2009

Big 3 sales fade as 'clunkers' wraps up

Low inventories cited in sinking U.S. share of incentive programDavid Shepardson / Detroit News Washington BureauWashington -- The Detroit Three automakers' share of "cash for clunkers" sales fell sharply, compared to foreign nameplates, in the final week of the $3 billion incentive program. General Motors Co., Ford Motor Co. and Chrysler Group LLC...
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Wednesday, August 26, 2009

Chrysler Said to Consider Keeping Plant Open for Mid-Size Cars - Bloomberg.com

(Bloomberg) -- Chrysler Group LLC, the U.S. automaker Fiat SpA controls, may delay closing the plant that makes its mid-size sedans for at least a year until the company creates new models, people familiar with the situation said. The factory in Sterling...
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Monday, August 24, 2009

Fiat takes aim at waste in Chrysler plant overhauls | detnews.com | The Detroit News

In the days after Chrysler came out of bankruptcy, workers returned to factories that wore fresh paint and black-and-white banners that read: "World Class Manufacturing. Welcome Back Chrysler Group LLC employees." The message crystallized the goal of Chrysler's new Italian management team: to perfect a new, more flexible, cost-effective way of building...
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Fiat 500 to test Chrysler

Chrysler Canada Inc. plans to begin selling the Fiat 500 subcompact in early 2011, providing an early test of how the alliance between the two auto makers will address the most glaring problem at the No. 3 Detroit company: the collapse in sales of its passenger cars. The Fiat 500 is crucial for Chrysler Canada because of the particularly deep slide...
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Friday, August 21, 2009

Jim Press To Leave Chrysler

DETROIT -- Chrysler Group LLC Deputy Chief Executive Jim Press is planning to leave the auto maker before the end of the year, according to three people who have been informed of the plan.Mr. Press, a former star at Toyota Motor Corp., was the sole member...
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Wednesday, August 19, 2009

Chrysler's Creditors Sue Daimler Over Transfers Before 2007 Sale

David McLaughlin Chrysler's creditors say German auto maker Daimler AG intentionally defrauded them through a restructuring of Chrysler on the eve of its 2007 sale.In a new lawsuit filed against Daimler, the creditors offer new details about their claims that Daimler stripped Chrysler of billions of dollars in assets for its own benefit before unloading...
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Monday, August 17, 2009

Chrysler to make Fiat in Mexico: report

NEW YORK (Reuters) - Chrysler Group is planning to produce Fiat SpA's (FIA.MI) Fiat 500 subcompact at a Chrysler plant in Mexico, the Wall Street Journal reported, citing people familiar with the matter.Chrysler is also considering what other Fiat models...
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$1B in battery grants may recharge Michigan's talent base | detnews.com | The Detroit News

$1B in battery grants may recharge Michigan's talent base | detnews.com | The Detroit NewsShared via AddT...
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Monday, August 10, 2009

Chrysler To Boost Dodge Ram Pickup Production

DETROIT -(Dow Jones)- Chrysler Group LLC is intensifying its production boost as demand from the federal government's "Cash for Clunkers" program continues to reduce the number of available vehicles on dealer lots.The auto maker notified employees at...
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GM, eBay set to start car-selling trial Tuesday

SAN FRANCISCO — Hundreds of General Motors’ California dealers will let consumers haggle over the prices of new cars and trucks through the eBay online marketplace under a trial that begins Tuesday.About 225 of California’s 250 GM dealers are set to...
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Saturday, August 8, 2009

Ford, Chrysler low on small cars

Chrysler Group LLC and Ford Motor Co. are running low on their hottest-selling models under the cash for clunkers program, even as President Barack Obama signed authorization Friday of an additional $2 billion to extend the program.Some Chrysler dealers...
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Friday, August 7, 2009

Chrysler To Make Electric Dodge Ram Trucks

The U.S. Department of Energy has announced the recipients of $2.4 billion in advanced battery and electric-drive funding under the American Recovery and Reinvestment Act, including $70 million for Chrysler to build 220 plug-in hybrid pickup trucks and...
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Chrysler, Fiat May Replace Engineering on Snoop’s Car

Chrysler Group LLC may retire the engineering used to make its iconic 300C sedan in favor of more modern architecture jointly developed with Fiat SpA, said two people familiar with the situation.The so-called “LX” platform, which was used to produce...
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