Fiat’s Plan For Chrysler Recovery Revealed In Six-Hour Presentation

Fiat’s Plan For Chrysler Recovery Revealed In Six-Hour Presentation

HAVING PLACED ITS FUTURE in the hands of new partner Fiat, Chrysler has a new ‘five year plan’ recovery plan, revealed in a six-hour presentation today.

The plan, led by new CEO Sergio Marchionne, forecasts sales figures doubling by 2014, and more than a dozen new models built on Fiat-developed platforms.

Marchionne said that while achieving [...]

Chrysler Submits New Logo For Patenting

Chrysler Submits New Logo For Patenting

SWEEPING CHANGES at Chrysler are due to be announced tomorrow, with all but the Jeep brand expected to retreat to North America and many models to be retired.

According to a filing with the US Patent and Trademark office, Chrysler might also be looking to mark the occasion with a brand-new logo… again.

Following the company’s return [...]

Jeep To Be Only Chrysler Brand Sold Outside US: Report

Jeep To Be Only Chrysler Brand Sold Outside US: Report

LESS THAN TWO DAYS before new Chrysler CEO Sergio Marchionne is due to reveal Fiat’s plans for its troubled American partner, new details have come to light.

According to Reuters, people “with direct knowledge of the plan” have confirmed that Chrysler will withdraw all but the Jeep brand from markets outside North America.

Jeep will remain [...]

2010/2011 Chrysler 300C Spied Testing

2010/2011 Chrysler 300C Spied Testing

HOT ON THE HEELS of reports that the 300C will survive wholesale model cuts at Chrysler, the next generation of the big sedan has been spied testing in Michigan. Sporting an obscured front end and an otherwise unaltered appearance, the spied car is likely a mule testing new running gear - [...]

Fiat’s Five-Year Plan For Chrysler Leaks Early, Local Distribution In Question

Fiat’s Five-Year Plan For Chrysler Leaks Early, Local Distribution In Question

DETAILS OF A special ‘five year plan’ to resuscitate US carmaker Chrysler have leaked early, thanks to sources contacted by the Wall Street Journal.

The plan, lead by Fiat and new Chrysler CEO Sergio Marchionne, calls for a number of Chrysler, Jeep and Dodge models to be retired or redesigned by 2012.

According to the WSJ’s [...]

2009 Chrysler PT Cruiser Special Edition Announced

2009 Chrysler PT Cruiser Special Edition Announced

NEARING THE END of its lifecycle, a new Special Edition PT Cruiser has been wheeled out for Australia.

Available now, the 2009 Chrysler PT Cruiser Special Edition gets a new cross-hatched solid billet aluminium grille, new 17-inch SRT Design wheels, chromed body-side trim spears and a coat of ‘Brilliant Black’ paint.

Embossed Momentum seat fabric [...]

Chrysler, Dodge And Jeep To Undergo Accelerated New Model Programme

Chrysler, Dodge And Jeep To Undergo Accelerated New Model Programme

SERGIO MARCHIONNE, CEO of Fiat and Chrysler, is pushing to have a handful of Chrysler, Jeep and Dodge models redesigned and on the market in the next 18 months - projects that would normally take two to three years.

The Chrysler Town & Country (Grand Voyager in Australia), Dodge Caliber, Jeep Compass and Jeep Patriot [...]

Dodge Viper May Receive Fiat-Developed V10 Powerplant: Report

Dodge Viper May Receive Fiat-Developed V10 Powerplant: Report

REPORTS ARE circulating that the Dodge Viper may eventually dump its current V10 engine in favour of a modular powertrain developed by Chrysler’s new owner, Fiat.

Fiat is currently developing a new V8 engine range for its Ferrari and Maserati brands: a powertrain that could reportedly be readily adapted for use in the Viper.

The modular design [...]

Chrysler PT Cruiser Gets Stay Of Execution, Production To Continue

Chrysler PT Cruiser Gets Stay Of Execution, Production To Continue

CHRYSLER HAS CONFIRMED that the venerable PT Cruiser will be soldiering on into the 2010s, with production to continue at the company’s Toluca Mexico plant until at least the middle of next year.

With production of the retro-themed hatchback originally slated to cease in the middle of this year, that’s a substantial extension of the ageing [...]

Dodge Avenger Switching To Rear Wheel Drive For Next Generation: Report

Dodge Avenger Switching To Rear Wheel Drive For Next Generation: Report

THE SWEEPING CHANGES at Chrysler Group look set to continue. US-based industry publication, Automotive News, reports that the successor to the Dodge Avenger may switch to a rear-wheel-drive layout.

Built on a modified version of the Dodge Challenger platform - itself a shortened version of the LX platform used for the Dodge Charger and Chrysler [...]

Dodge Viper To Stay On As Part Of Chrysler Group

Dodge Viper To Stay On As Part Of Chrysler Group

AFTER OFFERING UP its Viper brand for sale earlier this year, Chrysler Group LLC has announced that it will now be keeping the V10 powered sports car as part of its Dodge range.

In a prepared statement the company said that the Viper would be produced “through 2010 and beyond”. The about-face for the Viper sell-off [...]

New Chrysler Models Years Away As Marchionne Focuses On Clean Out

New Chrysler Models Years Away As Marchionne Focuses On Clean Out

NEW CHRYSLER CEO Sergio Marchionne is expected to finalise a roadmap for a new product line at Chrysler in the coming weeks, with analysts anticipating cuts from the company’s line-up and no new models for the next two years.

As reported by Reuters, Adam Jonas, an auto analyst at Morgan Stanley, said that Marchionne “might [...]

Chrysler Brands Get Their Own Design Chiefs Under Fiat-Led Restructuring

Chrysler Brands Get Their Own Design Chiefs Under Fiat-Led Restructuring

REFLECTING the design and branding organisation of its Italian partner Fiat, Chrysler has given each of its three brands - Chrysler, Dodge and Jeep - their own design bosses, reporting to Senior Vice President of Product Design, Ralph Gilles.

The new design heads are Brandon Faurote at Chrysler, Joseph Dehner at Dodge, and Mark Allen [...]

Chrysler Pondering 200C As Replacement For Sebring, Avenger

Chrysler Pondering 200C As Replacement For Sebring, Avenger

RECENT REPORTS suggest that the newly re-organised Chrysler is giving serious consideration to bringing the stunning 200C concept to market as a RWD replacement for the poorly performing Sebring and Avenger product lines - a move that would undoubtedly have Pentastar fans everywhere jumping for joy.

The Sebring and Avenger aren’t long for this world, with [...]

Alfa Romeo 169 To Be Based Off Chrysler 300C Platform: Rumours

Alfa Romeo 169 To Be Based Off Chrysler 300C Platform: Rumours

ALFA ROMEO’S planned successor to the 166 executive saloon, the 169, is reportedly going to be built off Chrysler’s LX large-car platform, the very same platform that underpins the Dodge Charger and Chrysler 300C.

Talk of a Chrysler-based Alfa isn’t new, though. We first spoke of such plans earlier this month, and the idea of the [...]

Chrysler Model-Makeover With Fiat And Alfa Platforms And Engines

Chrysler Model-Makeover With Fiat And Alfa Platforms And Engines

WITH CHRYSLER US having now emerged from bankruptcy following US Federal Court approval of Fiat taking the reins, details are now surfacing as to the model plans for the merged, and now freshly-capitalised, corporate giant.

The viability plan presented by Chrysler to the US Administration in February outlined not only the company’s future plans for [...]

Chrysler-Fiat Deal Completed, Chrysler Group Promises To Be “Stronger, More Competitive”

Chrysler-Fiat Deal Completed, Chrysler Group Promises To Be “Stronger, More Competitive”

IT’S DONE. Chrysler has announced that it has finalised its alliance with a consortium led by Fiat, and that the new alliance between the two companies will finally allow it to get back on its feet and repay its considerable debts.

In a statement released late yesterday, Chrysler said that Fiat will supply it with small [...]

Chrysler-Fiat Deal Back On Track

Chrysler-Fiat Deal Back On Track

YESTERDAY IT SEEMED that Chrysler’s bid to shack up with a Fiat-led consortium and to commence its Government-ordered reorganisation was in jeopardy, with three Indiana-based pension funds lodging an appeal with the US Supreme Court alleging the Chrysler-Fiat deal was illegal.

As a result the US Supreme Court put a hold on Chrysler’s sale while it [...]

Chrysler Sale To Fiat Given Green Light; US Bankruptcy Judge Approves Sale Motion

Chrysler Sale To Fiat Given Green Light; US Bankruptcy Judge Approves Sale Motion

THE PATH HAS BEEN cleared for Fiat SpA to take the reins at Chrysler after US Bankruptcy Judge Arthur Gonzalez today announced his ruling approving the sale.
“The sale motion is granted in its entirety and entry into and performance under and in respect of the purchase agreement and the sale transaction is approved,” Judge Gonzalez [...]

Chrysler Planning To Close 789 US Dealerships

Chrysler Planning To Close 789 US Dealerships

In its continuing fight to stay afloat, Chrysler has announced plans to close 789 Chrysler, Dodge and Jeep dealerships across the US (28 in New York alone) - a figure which represents a staggering 25 percent of Chrysler’s 3181 dealers, and 14 percent of the company’s annual sales.

The embattled manufacturer aims to have the closures [...]

Fiat CEO Sergio Marchionne To Take The Reins At Chrysler

Fiat CEO Sergio Marchionne To Take The Reins At Chrysler

With the Chrysler restructure and Fiat ‘global strategic alliance’ process underway, Fiat has announced that its CEO, Sergio Marchionne, will add the role of CEO for Chrysler once it emerges from the restructuring process.

At the end of the Chapter 11 bankruptcy proceedings, current Chrysler CEO Bob Nardelli will step down and Marchionne will take his [...]

Chrysler CEO Pay Rate Takes A Dive, Private Air Travel Off The Company Tab

Chrysler CEO Pay Rate Takes A Dive, Private Air Travel Off The Company Tab

Imagine you’re an up-and-coming automotive executive looking to score your first million dollar pay cheque. You might like to reassess that goal, if Chrysler is on your list of potential employers.

As part of its financial aid package – which for Chrysler, equals just over US$8 billion – the US government has laid on more than [...]

Fiat And Bankrupt Chrysler In Bed; Business As Usual In The Short Term For Chrysler Australia

Fiat And Bankrupt Chrysler In Bed; Business As Usual In The Short Term For Chrysler Australia

WHAT WILL US CHRYSLER’S Chapter 11 filing and global strategic alliance with Fiat mean for Chrysler Australia and its Australian customers? TMR spoke with Jerry Stamoulis, Manager Public Relations, Chrysler Australia.
“The most important thing to understand is that the bankruptcy filing only involves Chrysler US: Chrysler Australia does not fall under the bankruptcy,” Mr Stamoulis [...]

Bankrupt Chrysler US Announces Alliance With Fiat

Bankrupt Chrysler US Announces Alliance With Fiat

The announcement that Chrysler LLC and 24 of its wholly-owned US subsidiaries have filed voluntary petitions under Chapter 11 of the US Bankruptcy Code - under the direction of the US Treasury - was not unexpected.

Without agreement from all creditors for a debt restructuring, the filing for Chapter 11 protection was inevitable. The recalcitrant group [...]

Chrysler LLC Files For Chapter 11 Bankruptcy - Signs Deal With Fiat SpA

Chrysler LLC Files For Chapter 11 Bankruptcy - Signs Deal With Fiat SpA

Chrysler LLC has filed for Chapter 11 bankruptcy overnight and at the same time announced what is being referred to as an ‘industry-changing’ deal with Fiat.

Chrysler has spent weeks negotiating with its lenders in an attempt to avoid bankruptcy, but has failed to gain the support needed.

This is the best result given Chrysler’s huge restructuring [...]

Chrysler Chapter 11 Bankruptcy Expected To Be Announced

Chrysler Chapter 11 Bankruptcy Expected To Be Announced

Word on the wire is that US President Barack Obama will announce that Chrysler LLC will be placed into Chapter 11 bankruptcy, a move which will enable Chrysler to continue operations while temporarily relieving it of its substantial debt obligations.

Chapter 11 bankruptcy protection has been a likely option for some time now, and, perhaps strangely, [...]

Chrysler Regains Daimler’s 19.9 Percent Stake, Reaches Agreement With Lenders

Chrysler Regains Daimler’s 19.9 Percent Stake, Reaches Agreement With Lenders

Daimler AG, parent company of German automaker Mercedes-Benz, has reportedly come to an agreement with Chrysler parent Cerberus to release its remaining 19.9 percent stake in the American manufacturer.

Daimler has agreed to inject US$200 million each year into Chrysler’s retiree healthcare funds, through to August 2012.

The deal will also see Daimler write-off the US$1.5 billion [...]

Chrysler Working On Second Fiat-Based Small Car?

Chrysler Working On Second Fiat-Based Small Car?

With Chrysler on the brink of collapse, the US carmaker’s proposed deal with Fiat could prove a much-needed lifeline. However, Chrysler still needs to slash its debt and have its restructuring plan accepted before Fiat will come to the party.

Further financial aid from the US government is also expected should Chrysler be able to ink [...]

Daimler Relinquishes Remaining Chrysler Stake

Daimler Relinquishes Remaining Chrysler Stake

After lengthy negotiations Daimler has finally separated itself from Chrysler, with the announcement this week that the German company will return its remaining 19.9 percent stake in the struggling automaker.

Chrysler, Cerberus Capital Management (the current majority stakeholders in Chrysler) and the US Pension Benefit Guaranty Corporation came to an agreement with Daimler on Monday. The [...]

General Motors Receives Another $US2bn In Loans

General Motors Receives Another $US2bn In Loans

Automaker General Motors has received another $US2 billion in government loans from the US Treasury to help sustain it as it continues battling for survival.

Payment was made on Wednesday, providing the company with more working capital and allowing it to keep operating until a government-mandated June 1 deadline, when GM must submit a new restructuring [...]

  • Next Page

With some cars and SUVs now boasting race-car power, which of the following is closest to your MOST STRONGLY-HELD view:

View Results

Loading ... Loading ...