Chrysler News

  • Chrysler ENVI electric vehicle fleet

    Chrysler today submitted three proposals outlining a $448-million plan to the U.S. Department of Energy (DOE) in order to rapidly bring electric vehicles (EV) and plug-in hybrid models to market. The proposals were submitted in order to receive two initiatives established by the DOE - the Electric Drive Vehicle Battery and Component Manufacturing Initiative and the Transportation Electrification Initiative. Both are designed to speed up development, demonstration, evaluation and manufacturing of EVs and plug-in hybrids. The programs represent a 50/50 cost-share opportunity, with $224 million...

  • GMAC Logo
    U.S. Treasury invests $7.5 billion in GMAC

    As the economy and car market continue to stagnate, it's becoming increasingly obvious that the bailout funds already paid to industry players like General Motors, Chrysler, and their financing arm GMAC, were just the tip of the iceberg. Today the Obama administration proved that point by handing...

  • Chrysler Auburn Hills headquarters
    Report: Fiat picks 3 directors for restructured Chrysler

    Only yesterday it was announced that former Chairman of Borden Chemical and of Duracell International, Robert Kidder, would preside over a restructured Chrysler as its new CEO, but already reports have emerged claiming Fiat has appointed three new directors for the struggling carmaker. In the lead...

  • 2009 Mopar Drift Dodge Challenger
    Mopar cuts sponsorship ties with champion drifter Sam Hubinette

    Chrysler's in-house accessories division Mopar has been sponsoring champion drifter Sam Hubinette for a number of years now, including for this year’s 2009 Formula Drift series where he is competing in a highly modified Dodge Challenger. Unfortunately, the relationship will be ending soon due...

  • C. Robert Kidder to head Chrysler
    C. Robert Kidder to head Chrysler after restructuring

    Nearly three weeks into Chrysler's bankruptcy and the global strategic alliance between Fiat and Chrysler comes news today that C. Robert Kidder - not Sergio Marchionne - will play the role of CEO for Chrysler after the bankruptcy. The news, which comes directly from Chrysler, contradicts a...

  • Fiat and Chrysler logos
    Chrysler dealers fire back at proposed franchise rejections

    Just a couple weeks into the nascent Fiat-Chrysler partnership, trouble is already brewing. The American carmaker's 3,188 dealers, upon hearing that 789 of their number will be let go by June 6, banded together to prepare for a legal fight. The dealers are contesting Chrysler's incredibly short...

  • Dodge Challenger

    As bankruptcy thrashes Chrysler vehicles' resale value the company is pulling out all the stops to keep sales up until it can emerge and join forces with Fiat. To help get feet on the floors of its remaining dealerships, the company is now reportedly getting ready to send out $1,000 certificates toward the purchase of a new car to all of its existing customers. The move is a bold one, since the certificate is ostensibly in addition to all the price cuts and incentives already on the table at Chrysler, Dodge and Jeep. Coming along with the $1,000 offer is a letter from CEO Bob Nardelli...

  • GM dealership
    GM reveals more details on 1,124 dealer cutback

    Cutting back production and right-sizing brands and lineups is just one aspect of the restructuring underway at the hands of the U.S. federal government. Earlier this week hard cuts in both labor and dealership numbers were discussed, foreshadowing the next steps to come, and just yesterday a...

  • Chrysler Group dealership
    Chrysler reveals more details on plans to cut 789 dealers by June 9

    Cutting back production and right-sizing brands and lineups is just one aspect of the restructuring underway at the hands of the U.S. federal government. Earlier this week hard cuts in both labor and dealership numbers were discussed, foreshadowing the next steps to come, and today a Chrysler memo...

  • AEV Jeep J8
    AEV making Jeep J8 MILSPEC available for U.S. civilians

    Imagine it: the sheer irony of a Jeep - the quintessential American military vehicle - being available only to foreign militaries and governments. Until American Expedition Vehicles (AEV) stepped in to supply the Jeep J8 to regular people, that's exactly how things stood. But now American civilians...

  • Honda's Accord
    Honda could leapfrog Chrysler in North American production, sales

    With almost all of its plants shuttered through the bankruptcy period and faith in the company at an all-time low, Chrysler is soon to be passed in both North American production and sales by Honda. The Japanese #2 carmaker has already cut the gap to Chrysler's production figures to 17,011 vehicles...

  • 2008 Nissan Titan pickup truck
    Chrysler may still build Nissan’s redesigned Titan pickup

    Before Chrysler was ever involved in alliance dealings with Fiat, the Auburn Hills-based carmaker was already tied with Nissan over several platform swapping and production sharing deals. In February of this year, however, plans for Nissan to build a Chrysler compact car based on its Versa in...

  • Jeep Wrangler Rubicon

    It's simple math: carmaker plus bankruptcy equals uncertainty and lower resale values. But Chrysler owners are feeling the bite of that equation as the value of their vehicles dropped 6% on average in a single week. In the week after Chrysler filed for Chapter 11 bankruptcy protection, owners of Jeep and Dodge vehicles saw their 36-month resale value go from 38.4% and 37.3% of their original price, respectively, to just 32.4% for Jeep and 31.2% for Dodge. Chrysler-branded vehicles fell an even 6% from 34.8% to 28.8%, reports the Detroit Free Press. That's a very rocky patch, worsening...

  • Fiat 500
    New Chrysler vehicles won't just be rebadged Fiats

    Chrysler and Fiat have already tied the knot but now questions are emerging as to how the two companies will conceive new Chrysler vehicles based on Fiat's current stock. A Chrysler-Fiat vehicle won't just feature a Chrysler badge slapped on the bonnet, but instead it will have to be re-engineered...

  • 2009 ford ka 003
    American launch of Fiat 500 may pave way for Ford Ka

    As Wall Street tumbles and Americans deal with the tough times, Ford is eying its global minicar, the Ka, for U.S. sale. The car had previously been rejected as incompatible with the American taste for large, powerful vehicles, but with the signing of the Fiat-Chrysler alliance earlier this month a...

  • 2009 Chrysler 200C concept car
    Chrysler begins new ad campaign to show off future models

    Chrysler's recent announcement revealing its new global alliance with Italian auto giant Fiat now means that the company has to hurry to re-establish itself in the market. In order to do this, Chrysler will be unveiling a new advertising campaign to show off future models and get people interested...

  • 2007 Fiat Bravo
    Chrysler to build new sedan in U.S. based on Fiat C-Evo platform

    The alliance between Fiat and Chrysler still has just been finalized and with the government’s deadline for restructuring falling at the end of this month dealers understandably are nervous. Add a looming bankruptcy to the mix and stress levels for most dealers will likely be going through...

  • Fiat and Opel logos
    Report: GM wants 30% stake in possible joint Opel-Fiat company

    The landscape of the automotive industry is changing, and before things are done, the changes may be massive. Already Fiat and Chrysler are forging an alliance, and Fiat is also going after part of Opel. Now a source says General Motors wants a piece of any merged Fiat-Opel operation that might...

  • Chrysler Sebring

    As Chrysler pushes forward during its bankruptcy period and prepares for its new face and alliance with Fiat, many are wondering what will come along for the ride and what will be left behind. News today from within Chrysler reveals that the Chrysler Sebring and Dodge Avenger, as oft-maligned as they are, will be sticking around. Neither of the two sedans are going to win any beauty pageants, and sales have absolutely plummeted, charting just under 7,000 units so far this year - down 80% from 2008's figures. But in an interview with Edmunds, Chrysler spokesman Rick Deneau said, "We definitely...

  • Fiat 500
    Chrysler-bound Fiat and Alfa vehicles revealed in court papers

    With the news that Chrysler and Fiat have finally managed to forge an alliance settling in and Chrysler's bankruptcy proceedings underway, the documents attendant to that process are beginning to reveal key details of the two company's plans. Today the models destined for U.S. sale via the...

  • Fiat 500
    Fiat ranks last in UK JD Power survey, bodes poorly for Chrysler

    Chrysler's vehicles, like all of America's cars, have improved greatly in recent years. But not-too-distant memory reminds us of the Le Baron and even of another ill-fated Italian tie-up and its Maserati-branded spawn. So Fiat's poor scores in the most recent JD Power survey in the United Kingdom...

  • 2010 ford taurus 001
    Ford's image improves by staying above the fray, says study

    It wasn't so long ago that people were deriding Ford for mortgaging the Blue Oval itself, key investors were dumping shares into the open market and the company was forced to sell off its stake in Mazda. But now a study is saying things have turned around, with Ford's image improving in relation to...

  • Sergio Marchionne, CEO of Fiat
    Fiat wants to form new company to combine Chrysler and GM Europe

    Fiat has confirmed that it wants to acquire General Motors' European operations and to do so the Italian auto giant may form a new company to combine its Fiat car brands (Fiat, Lancia, Alfa Romeo) along with Chrysler and any acquired GM entities. The information was revealed in a statement issued...

  • Dodge Viper SRT8
    Chrysler to close 8 U.S. plants by 2010

    This past week’s bankruptcy announcement for Chrysler means the decisions will be coming hard and fast. The carmaker has already confirmed that overlapping models and some slow-sellers will be dropped but there will also be a lot more cutbacks as revealed by new bankruptcy documents filed...

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