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.
Chrysler says it will double government's $4,500 'cash for clunkers' trade-in incentiveJuly 22nd, 2009 Chrysler to double 'cash for clunkers' incentiveAUBURN HILLS, Mich. — Chrysler says it will double the $4,500 government incentive for people to trade in their old gas guzzlers for new vehicles under the "cash for clunkers" program.
Chrysler says it will match government's $4,500 'cash for clunkers' trade-in incentiveJuly 22nd, 2009 Chrysler to match 'cash for clunkers' incentiveAUBURN HILLS, Mich. — Chrysler says it will match the $4,500 government incentive for people to trade in their old gas guzzlers for new vehicles under the "cash for clunkers" program.
Chrysler Financial repays $1.5 billion in TARP loansJuly 14th, 2009 Chrysler Financial pays off $1.5B in TARP loansFARMINGTON HILLS, Mich. — Chrysler Financial, the former financing arm of automaker Chrysler LLC, said Tuesday that it has repaid in full its $1.5 billion in government loans.
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.
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.
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.
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.
New York's Schumer seeks federal investigation into 'warranty about to expire' phone spamMay 10th, 2009 NY's Schumer asks for probe into phone spamNEW YORK — A New York senator is asking for an investigation into the spam phone calls pitching bogus car warranties that many Americans receive several times a day. Sen. Charles Schumer says the scam artists are using random call generators allowing them to contact people who are on the "do not call" list.
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.
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.
NY AG sues home warranty company, claims it cheated consumers nationwideApril 27th, 2009 NY AG sues home warranty company for fraudALBANY, N.Y. — The New York attorney general says a New York City-based home warranty company cheated customers in at least 32 states out of hundreds of thousands of dollars.
AP Source: US asks Chrysler lenders to forgive $5.4B in debt in return for 5 percent stakeApril 23rd, 2009 AP Source: New offer made to Chrysler lendersNEW YORK — A person familiar with the matter says the Treasury Department has made a new offer to Chrysler LLC's creditors. The Treasury is asking banks and hedge funds that hold $6.9 billion in debt to forgive $5.4 billion in exchange for a 5 percent stake in a Chrysler-Fiat alliance.
GM, Chrysler vehicle buyers get government warranty in CanadaApril 8th, 2009 TORONTO - Canada Tuesday followed the US in unveiling its own package to back warranties for vehicles sold by the sinking General Motors and Chrysler in a bid to calm buyer fears. The government will spend about $185 million under the warranty plan for the auto sector which is the backbone of the Canadian economy and employees hundreds of thousands of people.
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