Chrysler names executives to lead new Dodge Ram, Car brands; Chrysler, Dodge chiefs resignOctober 5th, 2009 Chrysler names new chiefs to head Ram, car brandsAUBURN HILLS, Mich. — Chrysler Group LLC has named executives to head its newly created Dodge Ram and Dodge Car brands.
New Chrysler CEO says he's not alarmed by US market share drop; expects improvementOctober 1st, 2009 Chrysler CEO not alarmed by US market share dropDETROIT — The new Italian leader of Chrysler Group LLC says he is not alarmed by the automaker's market share decline and he expects to improve the company's U.S. share from this point forward.
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.
Meltdown 101: How a bankruptcy court deals with product liability claims, like the ones at GMJuly 7th, 2009 Meltdown 101: GM's bankruptcy and liability claimsNEW YORK — American consumers assume they have the right to sue a company that has sold them a faulty product. In the upside-down world of bankruptcy — including the one General Motors is going through — those rights are not a given.
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.
AP source: Chrysler management shake-up coming if Supreme Court clears asset sale to FiatJune 8th, 2009 AP source: Chrysler management changes comingDETROIT — If the sale of Chrysler LLC's assets to Fiat Group SpA is cleared by the Supreme Court, the Italian automaker will shake up Chrysler management and change the company's culture, according to a senior Obama administration official. The management changes will go deeper than the previously announced departure of CEO Bob Nardelli and Vice Chairman Tom LaSorda, as Fiat CEO Sergio Marchionne takes control of the company's day-to-day operations, said the official, who requested anonymity because the changes have not been made public.
Supreme Court delays Chrysler's sale of most of its assets to a group led by FiatJune 8th, 2009 Supreme Court delays Chrysler's sale to FiatWASHINGTON — Supreme Court Justice Ruth Bader Ginsburg on Monday delayed Chrysler's sale of most of its assets to a group led by Italy's Fiat, but didn't say how long the deal will remain on hold. Ginsburg said in an order that the sale is "stayed pending further order," indicating that the delay may only be temporary.
Justice Ginsburg delays Chrysler sale to FiatJune 8th, 2009 High court blocks Chrysler sale to FiatWASHINGTON — Supreme Court Justice Ruth Bader Ginsburg on Monday delayed Chrysler's sale of most of its assets to a group led by Italy's Fiat, but didn't say how long the deal will remain on hold. Ginsburg said in an order that the sale is "stayed pending further order," indicating that the delay may only be temporary.
Solicitor general files papers urging Supreme Court to oppose further delay of Chrysler saleJune 8th, 2009 US files papers opposing delay of Chrysler saleNEW YORK — Government officials asked the U.S. Supreme Court on Monday to allow the sale of most of Chrysler's assets to a group led by Italy's Fiat without further delay.
Court OKs Chrysler's sale to Fiat, but Supreme Court appeal likely; GM to spend $2B on DelphiJune 6th, 2009 GM and Chrysler's bankruptcy cases at a glanceA summary of developments in the Chapter 11 bankruptcy cases of General Motors Corp. and Chrysler Group LLC
GENERAL MOTORS — DAY 37
WHERE DOES IT STAND?: Tuesday marked Detroit-based GM's 37th day under bankruptcy court protection.
Chrysler's president and vice chairman LaSorda leaves Chrysler effective immediatelyMay 2nd, 2009 Chrysler president LaSorda to retire immediatelyAUBURN HILLS, Mich. — Chrysler says its president and vice chairman, Tom LaSorda, is leaving the automaker immediately.
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.
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.
Canadian workers at Chrysler vote to accept labor concession dealApril 27th, 2009 Canadian workers accept Chrysler dealTORONTO — An overwhelming majority of workers at Chrysler Canada voted to accept a labor concession deal reached between their union and the beleaguered automaker, a union official said Sunday. The deal was approved by 87 percent of those who voted over the weekend.
Chrysler CEO says management is working to get more aid, save company and its jobsApril 27th, 2009 CEO says he's working to save Chrysler and jobsDETROIT — Chrysler Chief Executive Robert Nardelli is telling employees that management is doing all it can to get more government aid and save their jobs. Nardelli says in an e-mail Monday that management's No.