Chrysler to resume leasing in hopes of raising sales, but deals won't be as good as pastSeptember 16th, 2009 Chrysler to resume leasing after 1-year breakDETROIT — Chrysler Group LLC says it will return to leasing vehicles after a yearlong hiatus. The automaker says it will offer lease options on all 2010 Chrysler, Dodge and Jeep vehicles.
Fiat chief: new group can produce 6 million cars a year with Fiat/Chrysler allianceSeptember 16th, 2009 Fiat chief: Fiat-Chrysler can reach 6 millionFRANKFURT — Fiat and Chrysler CEO Sergio Marchionne said Wednesday that the new auto alliance can reach a production of 5.5 million to 6 million cars a year on its own once the economy and car markets stabilze. "We will arrive alone at 6 million units.
Chrysler Financial to eliminate 9 percent of work force, closes service centerJuly 1st, 2009 Chrysler Financial to cut 9 percent of work forceDETROIT — Chrysler's former financial arm said Tuesday that it will reduce its work force by about 9 percent, or more than 300 employees, as it restructures operations after losing its preferred lender status with the automaker. GMAC Financial Services is now Chrysler's leading lender for financing Chrysler vehicle purchases and dealer inventories, a move prompted by President Barack Obama's auto task force.
Chrysler Financial cuts 9 percent of workforce, closes service centerJune 30th, 2009 Chrysler Financial to cut 9 percent of workforceDETROIT — Chrysler's former financial arm says it will reduce its workforce by 9 percent as it restructures and closes a customer service center in Overland Park, Kansas. Chrysler Financial, a company separate from Chrysler Group, says the moves come as it no longer serves as the automaker's preferred lender for financing Chrysler vehicle purchases and dealer inventories.
Former Chrysler dealer to take fight for franchises to US District CourtJune 22nd, 2009 Chrysler dealer appeals franchise terminationsNEW YORK — A pair of former Chrysler LLC dealerships are appealing a bankruptcy judge's order terminating their franchises and those of more than 700 others. Tarbox Motors and Tarbox Chrysler Jeep filed a notice of appeal on Friday, saying that they were appealing the decision to U.S.
GM, Chrysler leaders say dealership closings needed to preserve auto jobsJune 12th, 2009 GM, Chrysler executives defend dealership closingsWASHINGTON — Under withering criticism in Congress, General Motors and Chrysler executives on Friday called the closings of hundreds of dealerships painful steps needed to right-size the auto giants. Down-on-their luck dealers said the moves would needlessly devastate their local economies and livelihoods.
Auto Shop: Dealer closings mean extra towing, research for some Chrysler ownersJune 11th, 2009 Dealer shutdowns mean extra towing for some ownersDETROIT — There are 789 fewer Chrysler dealers this week. And by the end of next year, there will be 1,100 fewer General Motors dealers.
GM says 15 to 20 dealers win appeals, win reprieves from company plans to shut them downJune 9th, 2009 GM says 15 to 20 dealers get reprieve from closureDETROIT — Up to 20 General Motors Corp. dealerships have been spared the death penalty after the company reviewed their cases and reversed plans to end their franchise agreements, a top GM executive said Tuesday.
Chrysler to ask bankruptcy judge to terminate dealer franchises; Ind. funds get appeal hearingJune 3rd, 2009 Judge to rule on termination of franchisesNEW YORK — A bankruptcy judge is getting ready to decide whether Chrysler can terminate the franchise agreements of 789 of its dealers. U.S. Judge Arthur Gonzalez is expected to hear testimony Wednesday from Chrysler executives and dealers.
Senate committee to hear from GM, Chrysler executives on dealer closingsJune 1st, 2009 GM, Chrysler executives to face Congress WednesdayWASHINGTON — Top executives from General Motors and Chrysler will appear before a Senate committee Wednesday to address concerns about hundreds of dealership closings as the two automakers work through government-led bankruptcies. GM CEO Fritz Henderson and Chrysler President Jim Press will appear before the Senate Commerce Committee chaired by Democratic Sen.
Chrysler files motion in bankruptcy court to eliminate 789 of its 3,200 dealershipsMay 14th, 2009 Chrysler moves to eliminate 789 of 3,200 dealersNEW YORK — Chrysler LLC has told a bankruptcy court it plans to eliminate 789 of its dealers — or about 25 percent of them — across the country as part of its restructuring process. The automaker has about 3,200 dealers but says that's too many.
Judge approves agreement to make GMAC preferred lender for Chrysler dealers and customersMay 12th, 2009 Judge OKs deal to make GMAC top Chrysler lenderNEW YORK — A bankruptcy judge says GMAC can become Chrysler's preferred lender. Pending the completion of certain documentation, U.S.
Judge to consider motion for GMAC to take over Chrysler vehicle loansMay 11th, 2009 Chrysler to ask judge to approve GMAC agreementNEW YORK — Chrysler LLC will ask a bankruptcy judge on Tuesday to allow General Motors Corp's lending arm to take over making auto loans for Chrysler's customers and dealers. Chrysler two weeks ago said its lending arm, Chrysler Financial, would no longer provide vehicle financing.
Chrysler Financial to immediately stop dealer wholesale financingMay 2nd, 2009 Chrysler Financial to suspend dealer financingFARMINGTON, Mich. — Chrysler Financial says it's temporarily suspending financing for Chrysler dealers effective immediately.
Mercedes makers, dealer asked to compensate for misleading consumerMarch 2nd, 2009 NEW DELHI - Daimler Chrysler, makers of luxury car Mercedez Benz, and one of its dealers here have been asked to pay Rs.500,000 by a consumer court for misleading a customer by selling a limited edition of a car under the garb of it being the latest model. 'It is apparent and crystal clear that the complainant had been sold by way of misrepresentation (of) a limited edition, which was never launched in the market,' the Delhi State Consumer Disputes Redressal Commission headed by Justice J.D.
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