Chrysler News

Less than two days after Chrysler confirmed that it had received three offers for its Dodge Viper sports car business, the investors who just purchased most of the assets of specialty-car maker Saleen Automotive have revealed that they have also considered adding the Viper business to their...

Fiat and Chrysler first released a joint statement announcing they had signed a non-binding term sheet to establish a global strategic alliance just over two weeks ago but according to Fiat's CEO the deal could be signed and completed by as early as the middle of this month. The alliance, to be a...

The past month has been one of the busiest for struggling Detroit carmaker Chrysler, within the past several weeks receiving a $1.5 billion infusion from the federal government, revealing plans for a strategic alliance with Fiat, and announcing a range of new incentives. Under the new...

In January we brought you news of Toyota's predicted surpassing of Chrysler in North American output in 2009, and nearly two years ago we reported on the Detroit 3 slipping below 50% market share in the U.S. Now the trend continues, with the Detroit 3's North American car output slipping below 60%...

Less than a month after receiving the first $4 billion from the federal government’s bailout package for the auto industry, Chrysler has revealed that it needs an additional $3 billion to help close an alliance deal with Italy’s Fiat Group. Unlike General Motors, which has been...

Toyota's North American car output will surpass Chrysler's for the first time during the first quarter of 2009. The two companies' downward trajectories will soon cross, leaving Toyota as the third largest domestic producer behind Ford and General Motors. Both Chrysler and Toyota are sharply...

The proposed alliance between Chrysler and Fiat Group will reportedly see seven new vehicles introduced to the U.S. market, with most of the cars expected to be produced at idle Chrysler plants across North America. According to sources that have seen the product-sharing agreement, several of the...

Brand new versions of both the Dodge Durango SUV and Chrysler 300 are coming in the next couple of years, kicking off a product renaissance at Chrysler that will include the launch of 24 new or updated models over the next 48 months. The information comes from the carmaker’s CEO, Bob...

The $17.4 billion bridge loan package signed into action by President Bush late in December has begun disbursement, with General Motors receiving $4 billion earlier this month and now the second instalment of $5.4 billion as well. This additional funding comes at a crucial time for the General...

Following the announcement this week of a proposed acquisition of a 35% stake in Chrysler by Italy’s Fiat Group, Chrysler’s chief designer Ralph Gilles has given some insight into the thought processes going on behind locked doors at the two companies. Chrysler and Fiat execs are...

No matter how you feel about car manufacturers recycling their icons of the past, there’s no denying that the interest shown in the Challenger has been phenomenal. While there has been a lot of information about the flagship SRT8 muscle car, at this week’s Detroit Auto Show Dodge...

In the midst of one of the toughest years the car industry has had to face and government loan programs getting underway, the 2009 Detroit Auto Show was set to be a touchy dance with public sentiment. In the end the expectations proved true, and the restrained and carefully orchestrated displays...

One of the biggest criticisms for struggling Detroit carmakers General Motors and Chrysler is the number of brands they have under the one roof and the associated problem of selling models that often compete with one another in the same segments. In its efforts to secure its share of a federal...

Following on from the Dodge Circuit EV sports car shown earlier today, Chrysler has revealed the 200C EV concept, which is designed to showcase the carmaker’s future designs as well as its electric powertrain technology in a premium sedan. It doesn’t end there as the concept also...

Back in September Chrysler showed off three vehicles designed to show the world that it too could keep up with Ford and GM as they developed low emissions powertrains for the future. One of those vehicles was essentially a Lotus Europa with Chrysler badging, but this was understandable as the...

Late Friday evening Chrysler received its first $4 billion in government loan money from the $17.4 billion approved as an emergency measure late in December, pushing its bottom line closer to the $2.5-3 billion minimum it needs to remain in operation. Covering debts and meeting supplier payment...

Ohio tuning firm RDP Performance has cooked up a special version of the new Dodge Challenger SRT8 for last month's Performance Racing Industry (PRI) Show in Florida. Taking a stock SRT8, which comes with an already impressive 425hp when it rolls out of the factory, RDP Performance has extensively...

The $17.4 billion bridge loan package signed into action by President Bush late in December has begun disbursement, with General Motors receiving $4 billion on Wednesday. Chrysler is still waiting on the finalization of details with the U.S. Treasury before it will be able to tap into the loans...

A one-of-a-kind Dodge Viper tuned by McLaren has been put up for sale, with an asking price that comes close to $295,000. Known as the ASC Diamondback Viper, the car was first unveiled by American Specialty Cars (ASC) back at the 2006 Detroit Auto Show featuring a bevy of performance modifications...

GMAC has leveraged the recent promise of U.S. Treasury funds to boost its lending capacity, and now it has generated another $21.2 billion in cash via debt-for-equity swaps with its bondholders. The fund raising is part of the company's' effort to raise enough cash to meet the regulatory...