Tagged “Chrysler”

  • Chrysler receives $4 billion in restructuring loans

    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...

  • 1,000hp Dodge Challenger SRT8 by RDP Performance

    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 w...

  • 2008's best and worst sellers

    Though 2008 started out fairly strong, riding the wave of 2007, it soon became clear that things weren't going to hold up. Few anticipated how sharply the market would drop, however, and that combinat...

  • Cerberus offers up stake in Chrysler

    Cerberus Capital Management, current majority stake holder in Chrysler, is offering its entire equity stake in the carmaker to help it restructure and gain federal loans. The move is also designed to...

  • Ford to close 10 plants in January

    As Chrysler teeters on the brink of total shutdown, and rumors of a merger with General Motors fly about, Ford is adhering closely to its plan to 'rightsize' its operations, chopping production at 10...

  • Senate rejects auto industry bailout plan

    The U.S. Senate rejected an emergency bill to provide billions of dollars of aid to the Detroit 3 carmakers late on Thursday, dashing the hopes of General Motors and Chrysler, both of which may run ou...

  • 2009: The beginning of the Detroit 2?

    Detroit's major auto manufacturers could soon find that three certainly is a crowd when it comes to the world automotive market. CSM Worldwide is predicting 2009 to be the worst year in U.S. automotiv...