In its latest ‘Let’s Refuel America’ campaign Chrysler LLC will be offering customers of its Chrysler, Jeep and Dodge brands fuel at a price of just $2.99 per gallon over the next three years to help spur sales. As fuel prices continue to head skywards, consumers in the U.S. have been shifting away from heavy […]
Chrysler’s last few years have been emblematic of the difficulty some of the older portions of the automobile industry are having adjusting to the increasingly mature, saturated and urban U.S. and global automobile markets. But Chrysler isn’t counting itself out yet. Repackaging the Chrysler structure as a smaller, lighter company is going well, […]
Chrysler CEO Bob Nardelli has repeated statements made by a number of CEOs from rival carmakers including Renault-Nissan’s Carlos Ghosn that the U.S. auto market is likely to slide even further and there’s no prediction of a recovering any time soon. Nardelli expects sales this year to drop below 15.5 million units, down from 16.1 […]
Since Chrysler is under private control it has no obligation to release financial results but according to its former parent company, Daimler AG, its result for the 2007 financial year could be a loss of more than $6.8 billion. Daimler indicated that Chrysler lost roughly that amount in the last five months of 2007, however […]
Chrysler is developing a new range of vehicles for one of the most competitive automotive segments in the world, the midsize D-segment, currently dominated by the likes of the Toyota Camry and Honda Accord. Its current offerings, the Dodge Avenger and Chrysler Sebring, are outsold by its Japanese rivals nearly four-to-one but Chrysler thinks it […]
The U.S. Secretary of Transportation couched the new CAFE plan as saving billions of gallons of fuel, but the industry sees it as one that will costs billions in research, development and manufacturing costs over the next five years.
Secretary of Transportation Mary Peters noted in the announcement of the new regulations that the Department of […]
The deal between the troubled American maker Chrysler and China’s Chery has been a blustery, on-again, off-again affair, but the latest word has it still on track, despite some delays. Chinese-built Chrysler-branded Chery minicars will not be hitting U.S. roads in the very near future, but the deal is still progressing, with talks about Chrysler’s […]
With Project Genesis already underway at Chrysler the fat is truly being trimmed in order to turn things around for the ailing car maker. The latest step is an elimination of all ‘twin’ models - cars that look essentially the same, based on the same platform, that target the same buyers, but sold under different […]
Chrysler CEO Robert Nardelli announced Thursday night that Chrysler will not see a profit at the end of the year. The head of Chrysler was not disappointed though, stating the company was on track to meet the goals it had promised new owner Cerberus Capital Management.
While Chrysler hasn’t said when it expects to return to […]
Chrysler has announced it will undertake major changes to its product lineup in order to compete on the world stage. The strategy outlined by its executive VP for product development, Frank Klegon, reveals a car company struggling to adapt to a changing world market but with potential to change its past performance.
Priority on the list […]
The worsening exchange rate differential between the strengthening euro and weakening U.S. dollar means importing European manufactured models to North America is now significantly more expensive than just a few years ago. It’s a problem Alfa Romeo has to juggle with as it attempts to re-establish itself in the U.S. next year, but there’s hope […]
Chrysler laid out most of its future plans earlier today, revealing information about a score of upcoming models and technologies including new dual-clutch transmissions, a hybrid Dodge Ram, a fuel-efficient AWD system and a Nissan-sourced small hatch just to name a few, and now we have news of one more item, this time from Mopar. […]
Update: Chrysler has just announced its dual-clutch transmission - developed in partnership with Getrag – will make its debut by the middle of the year in international markets. The advanced gearbox will be available on the 2009 Dodge Journey, Avenger and Chrysler Sebring models and is claimed to reduce fuel-consumption and carbon emissions by 6%.
It […]
After months of speculation Nissan and Chrysler have announced a new partnership, which will see the two carmakers build vehicles for each other for sale in the U.S., Europe and other markets by 2010. Nissan will produce a unique version of its Versa compact (pictured) for Chrysler, which plans to sell the car in North […]
A month ago news of Chrysler’s impending two-week North American summer shutdown sent ripples through the automotive press. Speculation of tough times and drastic fixes ran amok. Today word from Chrysler reveals that at least three factories could remain open while the rest of the company takes a hiatus - provided demand for the company’s […]