Monday, November 23, 2009

Chrysler Group LLC will translate into dazzling stock market success

Fiat may get mileage from Chrysler after all Maybe, just maybe, Fiat Group SpA's link with Chrysler Group LLC will translate into dazzling stock market success.While some investment analysts think Chrysler is unsalvageable, and therefore of no use to...
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Friday, November 20, 2009

Four Chrysler vehicles were named Top Safety Picks for 2010

Four Chrysler vehicles were named Top Safety Picks for 2010 by the Insurance Institute for Highway Safety while Toyota failed to place a single car or truck on the list. Chrysler also had more domestic models on the list than either Ford or General Motors.Chrysler...
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Thursday, November 19, 2009

Chrysler zeroes in on quality

Chrysler Group LLC's senior vice president in charge of quality told The Detroit News on Wednesday that changing the companys culture to collectively attack quality problems has been as difficult -- and essential-- as making better cars---...M...
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U.S. encouraged by Fiat plan for Chrysler

WASHINGTON (Reuters) - The U.S. government is encouraged by the turnaround plan for Chrysler presented by Fiat SpA (FIA.MI) but will not push for a quick offering of the automaker's shares, a senior official said."We see management with a huge sense...
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Wednesday, November 18, 2009

GM to make Volt announcement, show off Cruze at L.A. auto show

General Motors Co. will announce a list of initial retail markets for the Chevrolet Volt extended-range electric car at next months Los Angeles International Auto Show.---...M...
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GM offered $2.6M tax break to stay at RenCen

The state Tuesday approved additional tax incentives to ensure General Motors Co. keeps its headquarters in Detroit and help several companies create jobs in a state stung by manufacturing cuts.---...M...
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Wednesday, November 11, 2009

Chrysler revamps electric program

Chrysler Group LLC is restructuring its electric program as it works to develop hybrids and electric vehicles for its own brands as well as for partner Fiat SpA---...M...
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GM to put electric Cadillac Converj into production

General Motors Co. will expand its electric vehicle lineup by building the Cadillac Converj, a luxury car some feared would never move beyond the concept stage because of GMs financial troubles.--...M...
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GM's Reilly to manage Opel/Vauxhall until CEO is found

General Motors' head of international operations, Nick Reilly, will assume responsibility immediately for GMs Opel and Vauxhall operations in Europe until a new CEO is appointed.---...M...
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Friday, November 6, 2009

GM hourly workers face permanent layoffs

Detroit -- While General Motors Co. does not plan any deep job cuts, the automaker still has too many hourly workers and could permanently eliminate some of the 6,000 to 7,000 workers currently on layoff---...M...
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Thursday, November 5, 2009

Chrysler lays out lofty revival plan

Auburn Hills -- Chrysler Group LLC Chief Executive Sergio Marchionne laid out an ambitious, detailed plan Wednesday to revive the struggling Auburn Hills automaker by replenishing its lineup with high-quality and attractive models to more than double sales within five years and start generating profit in 2011.---...M...
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GM will cut jobs in Opel strategy

Washington -- General Motors Co. said Wednesday some 10,000 European jobs will be sacrificed at its money-losing Adam Opel GmbH unit, which the automaker decided this week to keep, rather than sell to Canadas Magna International Inc. and its Russian partner, Sberbank.----...M...
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Monday, November 2, 2009

Marchionne: Man with the plan to rescue Chrysler

CEO to unveil his 5-year strategy WednesdayFrom the dark rumpled sweaters he wears most days to his modest, fourth-floor command post at the Chrysler Tech Center in Auburn Hills, Sergio Marchionne has said that he is intent on debunking the "Great Man"...
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