Chrysler News

Fiat Ten Days Away From Majority Stake In Chrysler
Fiat Ten Days Away From Majority Stake In Chrysler

By June 6, Fiat will own a controlling stake in American automaker Chrysler. The Wall Street Journal reports that Fiat will exercise an option in its contract to invest in Chrysler, to buy a 6-percent stake held by the U.S. Treasury. The purchase, to be executed within 10 days, eventually will...Read More»

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California Investigates Chrysler-Owned L.A. Dealership

California's auto franchise law is fairly specific: automakers cannot own dealerships located within 10 miles of their franchised dealers. As with any rule, there are exceptions, and the law allows for ownership of under one year (in case a manufacturer buys out a failing dealership), or ownership...Read More»

2010 Dodge Ram 1500
Chrysler Delivers Experimental Ram Plug-In Hybrid Pickups

Chrysler has built a plug-in hybrid Ram pickup, but there’s one catch: the trucks aren’t for sale, and won’t be coming to a dealership near you any time soon. Instead, the hybrid Rams were built as part of a demonstration project to field-test hybrid systems under the worst...Read More»

2011 Hyundai Elantra
May Auto Sales: Hyundai And Kia Take Third Place, Ahead Of Toyota

Hyundai and Kia are this month expected to pull ahead of Toyota and Honda, to be the third top-selling brands in the U.S. market after only GM and Ford. Even more to the point, Hyundai and Kia are expected to be the only major brands with sales up versus April. According to the pricing-intelligence...Read More»

Newt Gingrich
GOP To Detroit: We're Still Not That Into You

The 2012 Presidential campaign has already started, and yes, it looks like the bailout of the auto industry could end up being one of many points of debate. Chrysler's earlier-than-expected repayment of $7.5 billion in federal loans—on top of a recent strong financial performance from GM...Read More»

2012 Chrysler 300 SRT8
Chrysler Pays Back U.S. and Canadian Loans

Chrysler has announced the repayment of $7.6 billion in government loans that we told you about last week. On Tuesday, Chrysler reported a $5.9 billion payment to the United States Treasury and a $1.7 billion payment to Export Development Canada. The payments were sufficient to cover the...Read More»

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Chrysler To Repay Government, Aston Martin V12 Zagato: Today's Car News May 20, 2011

Yesterday we learned that Chrysler intends to repay its government loans by the end of the month. But in reality it's just repaying one loan with another. Will it have a higher interest rate? [TheCarConnection] Aston Martin has revealed the V12 Zagato which it will show next week at the 2011...Read More»

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Report: Chrysler To Repay Government Loans By End Of Month

Chrysler has struck a deal to refinance its debt, which will give the automaker the ability to repay $7.5 billion in government loans as early as next week, according to The Detroit News. The automaker will offer $3.5 billion in bonds, details to be announced, and will fund the remainder via a $1.3...Read More»

2011 Chrysler 300
Chrysler’s Future: Weak Sister Or Comeback Kid?

Is the Chrysler brand positioned for a Ford-like recovery or a continued decline in sales? The recent past is worrisome. While most other carmakers posted a healthy increase in sales last month over the previous year, the Chrysler brand saw sales decline by 9 percent. Initially, this looks bad;...Read More»

2011 Chrysler 300
Chrysler 300 and Mom: They Both Got Heart

It’s Mother’s Day as I write this and of course today was a day of flowers and gifts and treating mom right, and generally trying not to step on her toes literally and figuratively. And it was all going so swimmingly well, as I crept out of bed to let her sleep in and headed downstairs...Read More»

2011 Cadillac CTS Sedan
All-Wheel Drive Gaining Traction In More Than Just Luxury Vehicles

Given a choice between a front-wheel-drive (FWD) vehicle and one that has all-wheel drive (AWD) -- depending on the buyer and the vehicle -- consumers seem increasingly likely to select AWD. That’s according to a report in the Detroit Free Press highlighting the importance of AWD to several...Read More»

2012 Chrysler 300 SRT8
Chrysler In the Black; First Profit Since Bankruptcy

Fresh from announcing a range of new vehicles at the 2011 New York auto show, Chrysler says it's turned in its first quarterly profit since it emerged from bankruptcy. The Auburn Hills, Michigan-based automaker says it profited to the tune of $116 million in Q1, from an operating profit of $477...Read More»

Chrysler headquarters
BREAKING: Chrysler To Repay U.S., Canadian Loans By June 30

Yesterday, we told you that Chrysler was on the brink of announcing a plan to repay its debts to governments of Canada and the U.S. Now, they've gone and done it: according to a Chrysler press release issued this morning, the repayment will officially take place sometime between now and June 30...Read More»

2008 Chrysler Crossfire 2-door Roadster Limited Angular Rear Exterior View
Report: Chrysler To Announce Repayment Of Government Loans

Sources close to Chrysler report that the automaker is close to announcing a refinancing package that would eradicate $6.6 billion in loans provided by the U.S. and Canadian governments. The loans have long been an issue for Chrysler CEO Sergio Marchionne, who vocally objected to their high...Read More»

2011 Chrysler 200 S
Chrysler: Frequent Design Changes Key To Sales Growth

If you're shopping for a new car and have a preference for Chrysler Group products, expect to see frequent model updates from Chrysler, Dodge and Jeep in the coming years. Ralph Gilles, head of design at Chrysler (and president & CEO of Dodge) believes that frequent styling changes may be the...Read More»

2012 Chrysler 300 SRT8
2012 Chrysler 300 SRT8: 2011 New York Auto Show

With first driving impressions logged in the win column, the latest Chrysler 300 is doing all it can to earn a sedan smackdown with a new SRT8 edition coming for the 2012 model year. In SRT8 trim, the 300 drafts the big 6.4-liter HEMI V-8 already stuffed into the Dodge Challenger into service. With...Read More»

2011 Chrysler 300
Fiat Ups Stake in Chrysler To 30 Percent

Fiat has announced that it is increasing its ownership stake in Chrysler from 25 percent to 30 percent, effective immediately. This is due to Chrysler meeting the second of three performance milestones laid out by Fiat in its operating agreement with the Detroit automaker on June 10, 2009. The new...Read More»

2011 Chrysler 200. Photo by Joe Nuxoll.
The Chrysler 200 and Eminem

With Chrysler’s release of the all new 200 sedan came the need for a stellar marketing plan. Enter stage right: Eminem. Can you think of a better composition to underscore a car commercial about hope than Lose Yourself? I can’t. The first time I saw the commercial it immediately...Read More»

2009 Chrysler PT Cruiser
Best Auto Show Moment: Chrysler PT Cruiser

It was a day unlike any other in early January 2000, as any car enthusiast would know--this is the beginning of the auto show season, and for purists it doesn’t get any better than the North American International Auto show. For a kid growing up in Northern Ontario, I never thought I would...Read More»

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