Tagged “Chrysler”
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Report: Chrysler has hired bankruptcy firm Jones Day
The U.S. Congressional hearings on Capitol Hill are still underway, and thus far no definitive result has been reached. Chrysler CEO Bob Nardelli has at times appeared apologetic and even regretful, b...
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Washington: Automakers, Senators working on solution
The CEOs of America's major carmakers, before the Senate Banking, Housing and Urban Affairs committee today, are acknowledging their past shortcomings but also projecting future strategies based on le...
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Report: GM and Chrysler considering bankruptcy
General Motors Chrysler executives are reportedly considering accepting a pre-arranged bankruptcy as a final measure to gain a bailout package from the federal government, although they insist such a...
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Chrysler founder’s great-grandson rallies public support for ailing carmaker
The great-grandson of the founder of Chrysler has publicly declared his support for the company, attending a rally in Baltimore to help the carmaker campaign for a federal bailout package. Frank Rhode...
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GM CEO will head to Washington in a Chevrolet Volt
Previously we reported that GM CEO Rick Wagoner would be driving a Malibu hybrid to Washington for this week's auto industry bailout hearings, however it has come to light that he will actually be dri...
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Chrysler's viability plan calls for $7 billion emergency loan before 2009
Just as Detroit compatriots General Motors and Ford are revealing their strategies for future viability - and need for funding in the meantime - Chrysler has come out with its plan for the future, bot...
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GM offers to cut brands, salaries and jobs in $12 billion restructuring plan
The Chevrolet Volt captured the mind of the public and the press when it was revealed during the company's 100th anniversary celebrations in September, though even then it was suspected that trouble w...
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Chrysler future model plans still on track
Chrysler may be struggling financially but its product development chief Frank Klegon has assured reporters that the Auburn Hills carmaker will be coming out with new models over the next few years. K...
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Detroit 3 ready revised bailout proposals ahead of Tuesday's Congress hearing
The CEOs of the Detroit 3 will be returning to Washington this week to present new business plans to Congress, all in the hopes of garnering a $25 billion federal loan package to prevent them from col...
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Cerberus accuses Daimler of fudging Chrysler’s numbers
Cerberus Capital Management has accused Daimler AG of misleading them about the true value of Chrysler before selling the American private equity group a majority holding in the Auburn Hills carmaker.
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Carmakers planning eco-caravan to D.C. for next round of talks
Barack Obama has backed Congress' decision to delay a decision on additional auto industry loans, urging the carmakers to have a clear plan when they return to Capitol Hill in December, and the carmak...
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Renault-Nissan still looking for U.S. alliance, supports Detroit 3 bailout
Speaking at the Los Angeles Auto Show today, the boss of Renault-Nissan Carlos Ghosn has reaffirmed his company’s need for a “full North American partner” and pledged support for more federal ai...
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Video: Dodge EV sports car prototype takes on the Challenger SRT8
Chrysler demonstrated that it won’t be left behind in the technology stakes with the unveiling of three near-production prototype electric vehicles earlier this year, one of which was a high-perform...
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Hyundai denies claims of talks with Chrysler
Late last week we reported on news that Hyundai was in talks with Chrysler to potentially acquire the Jeep brand, and other assets from the Auburn Hills carmaker. Now, Reuters is reporting that the So...
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Dodge reveals "Big Daddy" Don Garlits Drag Pack Challenger at SEMA
The Dodge Challenger Drag Pack is a factory production heavily modified Dodge Challenger built exclusively for drag racing. Don Garlits, 17-time Top Fuel drag racing champion and still getting behind...
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2009 Mopar Drift Dodge Challenger unveiled at SEMA
Formula Drift is serious business for those involved in the series and the drift community, and Chrysler's Mopar division has revealed its latest entry to the field at the SEMA show today. The 2009 Mo...
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GM-Chrysler details expected Friday alongside release of GM's Q3 results
The ongoing merger-acquisition talks between Chrysler and General Motors are expected to bear fruit in the form of an announcement this Friday revealing some of the details being discussed. The timing...
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Chrysler: Dodge Viper ACR 'sold out'
Even as Chrysler considers selling the Viper brand and carries on serious talks with General Motors concerning a possible merger, the Dodge Viper is Chrysler's new superstar despite being its most exp...
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Mopar Underground unveils handful of modified Dodge vehicles
The star of Dodge’s lineup at this year’s SEMA Auto Show is undoubtedly the V10-powered Challenger SRT10 Concept, but there are a slew of other modified Dodge vehicles on show in Las Vegas this we...
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Autonet Mobile and Delphi team up to provide wireless internet for cars
Automotive parts supplier Delphi Corporation and wireless internet company Autonet Mobile announced an agreement this week to market and develop Internet-connectivity technology products for a number...
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