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Chrysler To Add Jobs, Save Michigan Factory

Chrysler Group LLC said Friday that it will add nearly 900 jobs at a factory in suburban Detroit and spare it from a planned closure. The decision is a show of optimism that consumers will embrace the company’s refurbished midsize sedans. » E-Mail This      » Add to Del.icio.us

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Chrysler broke even in September

Chrysler Group broke even in September and ended its first post-bankruptcy quarter with more cash on hand than it had at the beginning of the period, the company’s new boss said Wednesday. Go here to read the rest: Chrysler broke even in September Read the original: Chrysler broke even in September

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Chrysler to pay Visteon as it exits businesses

DETROIT – (AP) Chrysler Group LLC will pay auto supplier Visteon Corp. at least $31 million and shift business to other suppliers as part of a plan to help Visteon emerge from bankruptcy protection, a Visteon spokesman said Monday. Under the deal, which must be approved by U.S. Ban Originally posted …

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Chrysler: Check engine now

Three months after coming through a federally-financed bankruptcy, the new Chrysler Group still faces serious trouble with no quick solution in sight. Read more from the original source: Chrysler: Check engine now The rest is here: Chrysler: Check engine now

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Chrysler exec faces tax, loan troubles

A top executive for Chrysler Group, the carmaker that recently went through a government-sponsored bankruptcy, is having more than $1.4 milliion of his own financial headaches. Original post: Chrysler exec faces tax, loan troubles Go here to see the original: Chrysler exec faces tax, loan troubles

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‘Cash For Clunkers’ Boosts Year-Over-Year Auto Sales

The Cash for Clunkers program boosted sales at Ford, Toyota and Honda in August as consumers snapped up their fuel-efficient offerings, but rivals Chrysler Group and General Motors withstood another month of falling sales. Still, the combined results are likely to mark the first year-over-year monthly sales gain since October 2007. » E-Mail This      » Add to Del.icio.us

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Chrysler Group to accept more product liability claims

The automaker says it will accept claims on vehicles made before it exited bankruptcy June 10 and those involved in accidents on or after that date. Chrysler Group, the U.S. automaker run by Fiat, said it would accept product liability claims on Chrysler vehicles made before the company exited bankruptcy …

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Chrysler deputy CEO Press to leave: sources (Reuters)

Reuters – Chrysler Group LLC Deputy Chief Executive Jim Press said he plans to leave by November, ending a two-year stint at the automaker that included its slide into bankruptcy, according to two people briefed on the still-confidential discussions. Go here to read the rest: Chrysler deputy CEO Press … Read …

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Chrysler deputy CEO Press to leave: sources

DETROIT (Reuters) – Chrysler Group LLC Deputy Chief Executive Jim Press said he plans to leave by November, ending a two-year stint at the automaker that included its slide into bankruptcy, according to two people briefed on the still-confidential discussions. Follow this link: Chrysler deputy CEO Press to leave: sources See …

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Task force head says gov’t to sell automaker stock

DETROIT – (AP) The head of the Obama administration’s autos task force says the government wants to sell its shares in General Motors Co. and Chrysler Group LLC as soon as possible. Task force chairman Ron Bloom told a congressional panel meeting Monday in Detroit that the Read the rest …

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