Standard and Poor's Raises Ford's Rating, Expects Bad Year
14 Apr 2009, 14:54 UTC · By: Daniel Patrascu / While over the weekend rating provider Standard and Poor's lowered its ratings for struggling manufacturers GM and Chrysler, not the same can be said about the other Detroit Three giant, Ford. ...
2012 Jeep Grand Cherokee SRT8 Previewed
13 Apr 2009, 13:29 UTC · By: Bogdan Popa / Although Chrysler is desperately seeking money to get through the crisis, its Street and Racing Technology (SRT) division stays away from all bankruptcy warnings and continues operations in normal c...
Chrysler Stops Dealer Bonuses
13 Apr 2009, 10:51 UTC · By: Daniel Patrascu / Chrysler will stop give bonuses to dealers for meeting wholesale vehicle orders targets, at least for May, because... they don't like to. The dealers will be notified about the change sometimes...
Hyundai Goes After Denny Hecker
13 Apr 2009, 08:56 UTC · By: Daniel Patrascu / The Minnesota based car dealer Denny Hecker has been sued by Hyundai Motor Finance for a $104 million debt, following in the footsteps of American manufacturer Chrysler, who also sued Hecker for an ...
Marchionne to Head Chrysler?
13 Apr 2009, 08:28 UTC · By: Daniel Patrascu / The deadline given by the US government to Chrysler is slowly approaching its term and some major changes are expected to take place not only in the lower ranks, but at the top level management as w...
Standard & Poor's Cut GM, Chrysler Ratings
13 Apr 2009, 06:17 UTC · By: Daniel Patrascu / The watchful eye of rating provider Standard & Poor’s decided to cut their debt ratings of both US manufacturers GM and Chrysler. The company did that based on the fact that the two compan...
Obama to Detroit 3: Give Us 17,600 Hybrids
10 Apr 2009, 13:32 UTC · By: Catalin Tudor / The American president Barack Obama has announced today that his new administration's plan is to buy 17,600 fuel efficient vehicles from General Motors Corp., Ford Motor Co. and Chrysler LLC....
Chrysler Officials Drive Fiat 500 to New York Auto Show
9 Apr 2009, 12:33 UTC · By: Bogdan Popa / We already knew that as part of the Chrysler - Fiat alliance the American automaker is going to bring a number of European models in the United States, but what we have here might be the first sign ...
Next Generation Chrysler 300 Interior Official Photo
9 Apr 2009, 10:51 UTC · By: Bogdan Popa / The first photo showing the interior of the next generation Chrysler 300 came out yesterday at the New York International Auto Show as the company rolled out the new 2011 Jeep Grand Cherokee. The fi...
2011 Grand Cherokee Debuts with Details and Photos
9 Apr 2009, 07:16 UTC · By: Daniel Patrascu / One of the iconic vehicles to the SUV segment, the Jeep Grand Cherokee, now in its 18th year of existence got a new addition to the line-up at the 2009 New York Auto Show, as Chrysler unveiled the 2...
Ontario Won't Help Suppliers
7 Apr 2009, 17:16 UTC · By: Daniel Patrascu / The economic crisis is taking its toll not only on the automotive industry players, but on states as well. Fighting on the same front as the parts suppliers, the Ontario province, now faced with a C...
Chrysler Keen to Continue Chinese Operations
7 Apr 2009, 14:45 UTC · By: Bogdan Popa / Chrysler LLC today denied rumors that it may quit the Chinese market, explaining that the company will do anything that's possible to continue operations in this particular country. According t...
Chrysler, A123Systems Form EV Strategic Alliance
6 Apr 2009, 14:17 UTC · By: Bogdan Popa / Chrysler has just announced the signing of a new strategic alliance with A123Systems, a US-based battery supplier that would provide advanced battery systems for Chrysler's future electric cars...
Chrysler Financial Confirms $170,000 Lottery Scam
6 Apr 2009, 13:24 UTC · By: Bogdan Popa / Lottery scams have always been a major problems for some companies and, despite their efforts to protect consumers, lots of people are still falling for it. Such an illegal attempt occurred a few da...
March US Sales Down 36.8 Percent
3 Apr 2009, 09:54 UTC · By: Daniel Patrascu / The third month of the year maintained the trend set in January and February, as sales figures for the US market show a 38.6 percent drop. According to Autonews, the only brand that registered a mil...
Chapter 11 for GM and Chrysler Scare Suppliers
2 Apr 2009, 14:24 UTC · By: Daniel Patrascu / Recent escalating talks about the possibility that the two troubled American manufacturers GM and Chrysler could head for Chapter 11 has a snowball effect that could make things worse than they alre...
Fiat's CEO Goes to Detroit
31 Mar 2009, 13:41 UTC · By: Daniel Patrascu / The US governments request made to Chrysler to speed up its alliance process with Italian manufacturer and make it happen within 30 days has determined Fiat CEO Sergio Marchionne to head for Detroit...
Chrysler to Continue "Normal" Operations for 30 More Days
31 Mar 2009, 10:09 UTC · By: Bogdan Popa / The American soap-opera involving Chrysler and General Motors continues, this time with a statement from Chrysler LLC Chairman and CEO, Bob Nardelli. Just as expected, the whole statement is actuall...
The Auto Sector Must Make Sacrifices, Says White House Administration
31 Mar 2009, 09:18 UTC · By: Bogdan Popa / Following President's Obama efforts to help the automotive industry and ailing automakers get back on track, White House spokeswoman Nancy Pelosi issued a statement, emphasizing that she fully ...
Canada Rejects GM, Chrysler Plans, Refuses to Provide Support
31 Mar 2009, 08:03 UTC · By: Bogdan Popa / What could possible be worse than this? General Motors and Chrysler are already on thin ice, with bankruptcy knocking on their doors ever since the fourth quarter of 2008, so they are desperately lo...