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eGMCarTech (Free subscription) | yesterday
Back in June when Chrysler emerged from a U.S. government funded bankruptcy it terminated nearly 800 dealerships in an effort to keep its network size in line with its U.S. market share. Chrysler came out of bankruptcy court with about 2,400 dealerships and had 2,366 at the end of October. The Auburn Hills automaker is [...]
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eGMCarTech (Free subscription) | yesterday
The Obama administration’s former auto czar, Steven Rattner, said that the key aim of restructuring Chrysler was replacing the group of top executives and management that was put together by private equity firm Cerberus Capital Management LP. “We wanted to have a completely fresh management team (at Chrysler),” said Rattner. “You can’t come to any conclusion that [...]...
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eGMCarTech (Free subscription) | 19/11/2009
The Obama administration is drawing a bright line between their preference for electric vehicles and their responsibility to manage the tax payers stakes in GM and Chrysler, according to Reuters. ”We obviously would be very happy if Chrysler and GM were making lots and lots of high mileage cars. It’s not a prerequisite. It’s not [...]
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Leftlane (Free subscription) | yesterday
Speaking at a forum about the global auto industry, former auto czar Steven Rattner said publicly for the first time that a major aim of Chrysler’s restructuring plans was to replace the management team. Rattner believed that Chrysler’s survival would depend on replacing the existing top management personnel as appointed by Cerberus Capital Management LP. [...]
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Auto Channel (Free subscription) | yesterday
Chrysler's Marchionne to Address Economic Club at Chicago Auto ShowSergio MarchionneCHICAGO - November 20, 2009: Sergio Marchionne, Chief Executive Officer of Chrysler Group LLC, will address the Economic Club of Chicago (ECC) at the group's annual Chicago Show luncheon meeting on Feb. 11, 2010. The event will be held at 12 p.m. CST in the Vista Ballroom of McCormick Place during the show's media preview."We...
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PR News Wire (Free subscription) | yesterday
AUBURN HILLS, Mich., Nov. 20 /PRNewswire/ -- Chrysler Group LLC today announced new incentives that offer consumers the choice of a gift for themselves or some extra cash in their pocket as the holiday season approaches.
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Leftlane (Free subscription) | yesterday
Chrysler purged a massive number of its North American showrooms earlier this year as part of a company-wide restructuring effort, and now up to 100 additional dealers might be forced to close their doors if they can’t reach financing deals with GMAC Financial Services. Chrysler is down to around 2,360 dealerships, about 1,500 of which sought [...]
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CBC.ca (Free subscription) | yesterday
A potential strike at an automotive parts plant in Lakeshore, Ont., has put the region's auto community on edge.
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Detroit Free Press (Free subscription) | yesterday
U.S. Rep. Gary Peters, D-Mich., and Sen. John McCain, R-Arizona, held a digital smack-down with each other this week -- with e-mails flying like fists -- over the ultimate fate of Chrysler.
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Detroit News Online (Free subscription) | yesterday
The first-term Democrat from Bloomfield Township fired back at the 2008 Republican presidential nominee over his contention that no "objective" observer believes that Chrysler will survive and urged McCain to attend NAIAS in Detroit.
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Jalopnik (Free subscription) | 19/11/2009
BBDO Detroit 's got 100 problems. One's Chrysler, the other 99 are severance related. [ AgencySpy ]
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KickingTires (Free subscription) | 19/11/2009
As part of its bankruptcy filings, Chrysler terminated 789 dealers, leaving roughly 2,400 shops in the U.S. Now, a credit issue may cause another 145 dealers to close their doors. Chrysler Financial once backed loans to dealers so they could...
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Autoblog (Free subscription) | 19/11/2009
Filed under: Chrysler , Dodge , Jeep , Fiat A quick glance at recent Consumer Reports or JD Power data shows that the Pentastar has a big problem on its hands, but the new Chrysler says that will change in a big way by the end of 2012. Chrysler is planning to be a quality leader in only three years by dramatically increasing staffing levels in its quality team while working to dramatically clean up...
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INAUTONEWS (Free subscription) | 19/11/2009
Chrysler Group LLC may have to terminate as many as 145 more U.S. dealers unless the retailers can find lenders to finance their new-vehicle inventory. GMAC Inc., which replaced Chrysler Financial as preferred lender for the Auburn Hills, Michigan-based automaker’s dealers, has been negotiating with Chrysler retailers, said Sue Mallino, a GMAC spokeswoman. If dealers can’t get [...] >...
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Detroit News Online (Free subscription) | 19/11/2009
Lots of people have challenging jobs at Chrysler Group LLC, but few are tougher than the one occupied by Doug Betts.
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traimi | 29/09/2009
After months of delay, the first auto dealer talks have been confirmed to begin on Sept. 30. A legislation proposal had been brought that would have reversed termination of 789 Chrysler dealerships and stopped GM ’s plans to close 1,350 stores by October 2010.
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traimi | 29/09/2009
At the last minute, the Chrysler Sebring and the Dodge Avenger were saved from being discontinued. Last Friday, Chrysler discussed its five-year business plan, which effectively takes back a decision to halt production of these two models.
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traimi | 27/09/2009
From Fiat’s plans for Chrysler , Dodge, and Jeep that were announced earlier in the week, you may have noticed that Ram was left out. The Ram brand had been reserved for Chrysler Co.’s truck offerings but now, an initiative is reportedly in the works that would promote the Ram as a standalone brand, focusing exclusively on vans, SUVs, commercial vehicles, and pickups.