AP Source: Chrysler to improve midsize cars, keep Mich. factory open until new model developedSeptember 30th, 2009 AP Source: Chrysler midsize car plant to stay opDETROIT — Chrysler will try to improve its slow-selling midsize cars and keep making them indefinitely at a Sterling Heights, Mich., assembly plant until it can design a replacement based on Fiat technology, a person briefed on the company's business plan said Monday. The Sterling Heights plant makes the Dodge Avenger and Chrysler Sebring and was scheduled to close by the end of next year.
Chrysler in talks to ends replace Mitsubishi and Hyundai in engine building alliance with FiatSeptember 10th, 2009 Chrysler ends alliance with Mitsubishi and HyundaiDETROIT — Chrysler Group LLC said Thursday it ended an engine building alliance with Mitsubishi Motors Corp. and Hyundai Motor Co.
AP Source: Chrysler Aug. sales down 15 percent on shortages of some fuel-efficient modelsSeptember 1st, 2009 AP Source: Chrysler sales fall 15 percent in Aug.NEW YORK — A person familiar with the matter says Chrysler Group LLC posted a 15 percent drop in U.S. sales in August due to shortages of some smaller vehicles.
Chrysler models that could be cut by FiatAugust 21st, 2009 Chrysler models that could be cut by FiatChrysler CEO Sergio Marchionne has ordered a review of the automaker's model lineup with the possibility if eliminating slower-selling models that are sold under more than one of the Chrysler, Dodge and Jeep brands. Some vehicles, especially small and midsize cars, could be replaced by Fiat models built in North America.
Plant in Toluca, Mexico, likely to get Fiat minicar, not Michigan plantAugust 17th, 2009 Toluca, Mexico plant likely to get Fiat minicarChrysler Group LLC is planning to built the Fiat 500 minicar at a factory in Toluca, Mexico instead of a soon-to-be shuttered plant in the U.S. A comparison of the Toluca plant and the Sterling Heights, Mich., assembly plant, where workers had hoped to get the 500:
TOLUCA
Year built: 1968
Number of workers: 2,179
Square Footage: 1.57 million
Vehicles made: Chrysler PT Cruiser sedan, Dodge Journey crossover
STERLING HEIGHTS
Year built: 1953 as jet engine plant.
Fiat to takeover historic carmaker Bertone to design future cars for ChryslerAugust 6th, 2009 Fiat takes over historic carmaker BertoneMILAN — The Italian automaker Fiat on Thursday won a bid to take over the bankrupt Italian car company Bertone, which will help design cars for the U.S. automaker Chrysler, the Italian Economic Development Ministry said.
EU regulators see no competition problems with Fiat's 20-percent stake in ChryslerJuly 24th, 2009 Fiat wins EU approval for Chrysler stakeBRUSSELS — Fiat SpA won EU regulatory approval Friday to take a 20-percent stake in struggling U.S. car maker Chrysler.
Chrysler names rest of 9-member board of directors following Fiat alliance, Chapter 11 exitJuly 5th, 2009 Chrysler names remaining directors to new boardAUBURN HILLS, Mich. — Chrysler Group LLC on Sunday announced the remaining members of its new board of directors, a group that includes a former CEO of Northwest Airlines, investment bankers and top officials of the Italian automaker Fiat Group SpA.
A look at some of the future products Chrysler and Fiat are planning for the US marketJune 10th, 2009 Products planned by the new Fiat-led ChryslerNew products from Chrysler in 2010:
— Redesigned, lighter and more fuel-efficient Jeep Grand Cherokee sport utility vehicle. — Reworked Chrysler 300C large sedan, which had been a top seller for the company until it was caught and passed by newer vehicles from other automakers.
Obama: Chrysler-Fiat deal gives US company 'new lease on life'June 1st, 2009 Obama applauds Chrysler-Fiat dealWASHINGTON — President Barack Obama says a court's decision to approve the sale of Chrysler's assets has given the automaker "a new lease on life."
A judge approved the sale of most of Chrysler's assets to Italy's Fiat on Sunday. In a statement, the president said the deal will allow Chrysler to "successfully emerge from bankruptcy as a new, stronger, more competitive company for the future."
Chrysler filed for bankruptcy in April.
UAW overwhelmingly ratifies Chrysler settlement, Fiat commits to make small car at US plantApril 30th, 2009 UAW overwhelmingly ratifies Chrysler settlementDETROIT — Members of the United Auto Workers have overwhelmingly ratified a settlement deal with Chrysler on Wednesday night. The UAW says 82 percent of production workers and 80 percent of skilled-trades workers voted for the agreement in balloting that took place at UAW Chrysler locations throughout the U.S.
Chrysler plans to temporarily shutdown most plants until Fiat deal closesApril 30th, 2009 Chrysler to idle plants until Fiat deal doneNEW YORK — Chrysler says it will temporarily stop most of its vehicle production until its deal with Italy's Fiat is complete. The shutdown is effective Monday and could last up to two months.
Source says Fiat still wants deal even if Chrysler forced into bankruptcy protectionApril 27th, 2009 Source: Chapter 11 won't kill Fiat-Chrysler dealMILAN — Fiat still wants to pursue an alliance with Chrysler if the U.S. automaker is forced to file Chapter 11 bankruptcy protection from creditors, a source close to the Turin-based automaker said Monday.
Fiat reports $410 million ($531 million) loss in 1st qtr with volumes down in all businessesApril 23rd, 2009 Fiat reports $410 million first quarter lossMILAN, Italy — Fiat Group SPA, which is in the final stretch of talks to take a possible minority stake in the U.S. automaker Chrysler, says it made a first-quarter loss of euro410 million ($530.83 million) as sales of autos plummeted due to the global economic crisis.
Fiat reports $410 million ($531 million) in 1Q losses with volumes down in all businessesApril 23rd, 2009 Fiat reports $410 million Q1 lossMILAN, Italy — Fiat Group SPA, which is in the final stretch of talks to take a possible minority stake in the U.S. automaker Chrysler, says it made a first-quarter loss of euro410 million ($530.83 million) as sales of autos plummeted due to the global economic crisis.
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