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.
AP Source: New Chrysler board considering new vehicles with Fiat technologySeptember 25th, 2009 AP Source: Chrysler board to consider product planDETROIT — A person briefed on the agenda says the new Chrysler Group LLC board will discuss plans for a number of new models, some based on cars sold by Italy's Fiat Group SpA. The person says the board will meet Friday to consider a range of new vehicles including a midsize car based on Fiat underpinnings that are now being developed.
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 Group to build Fiat 500 small car at plant in Mexico, according to reportAugust 17th, 2009 Report: Chrysler to build Fiat 500 in MexicoNEW YORK — Chrysler Group LLC is planning to build the Fiat 500 small car at a plant in Mexico, according to a report published Monday. The automaker could also build an engine for the 500 at a plant in Trenton, Mich., and is weighing building another compact car similar to the 500 in the U.S., according to The Wall Street Journal, which cited anonymous sources familiar with the matter.
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.
Ex-Chrysler chief Iacocca extends welcome to Fiat's Marchionne after takeoverJune 12th, 2009 Iacocca to Marchionne: Welcome to ChryslerAUBURN HILLS, Mich. — The man who led the rescue of Chrysler in the 1980s has words of welcome for Fiat chief Sergio Marchionne after the Italian automaker's takeover of the U.S.
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.
Fiat chairman: GM's Opel an "ideal" partner, an "extraordinary" opportunityMay 3rd, 2009 Fiat chairman: GM's Opel an "ideal" partnerROME — The chairman of Fiat SpA, which is in the process of acquiring U.S. automaker Chrysler, confirmed the Italian automaker's interest in General Motors' German unit Opel, calling it an "ideal partner" and a possible takeover by Fiat an "extraordinary opportunity."
It was the first confirmation from Fiat of its interest in Opel.
Fiat confirms talks for GM's Opel, with eye to creating single car company including ChryslerMay 3rd, 2009 Fiat eyes new company with GM Europe, ChryslerROME — Fiat Group SpA confirmed Sunday that it is in talks to buy most of General Motors Corp.'s European operations, taking another step toward creating a global automotive powerhouse. Fiat also said it is evaluating the possible spinoff of its auto business to form the core of a new company.
Reports: Fiat head to discuss Opel takeover concept with German officialsMay 2nd, 2009 Reports: Fiat head to discuss Opel takeoverBERLIN — The head of Italian carmaker Fiat SpA, which is in the process of acquiring U.S. automaker Chrysler, is continuing talks with German officials about a possible takeover of General Motor's Opel unit, according to media reports Saturday.
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) 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.
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.
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