Chrysler News

Saving jobs and investing new money in plant expansion is a story that runs against the current of the industry's present outlook, but Chrysler today announced it will be doing exactly that. By building a new body shop and upgrading its paint operations at the Jefferson North plant in Detroit...

It was reported back in February that Chrysler and Mahindra and Mahindra (M&M) were in negotiations over a number of deals including one that could have seen Chrysler sell its Jeep brand to the Indian truck manufacturer. Latest reports indicate that the two are now embroiled over a case of copied...

A report released today by the National Highway Traffic Safety Administration (NHTSA) reveals that the vehicles produced during the first half of 2008 have set the record for the most fuel efficient to date. Including both cars and light trucks (meaning both pickups and SUVs), the national average...

The Woodward Dream Cruise, Detroit's annual rolling car show, has spawned a fifth special edition of the PT Dream Cruiser. The fourteenth special edition of the PT Cruiser, the PT Dream Cruiser Series 5 is a purely cosmetic tweak of the standard vehicle, with production limited to 1,750 units for...

The struggle to save energy is forcing businesses and governments alike to rethink their energy usage from every angle. Chrysler has come up with a proposal for the UAW that would see both the Detroit company and all of its employees using less energy every day during production by switching to a...

As the U.S. market makes a shift from leasing to retail purchasing, Chrysler has announced that in August it will repackage its incentives to make vehicle purchases more affordable. The new strategy includes 72-month finance deals on an expanded range of compact, mid-size and full-size vehicles...

Chrysler has bucked the trend of its fellow Detroit 3 carmakers by announcing an operating income of $1.1 billion for the first half of 2008. This is the first time that Chrysler has revealed its financials since being bought by Cerberus Capital Management, and comes as speculation rises that the...

Update: Chrysler CEO Robert Nardelli has put to rest fears the carmaker’s new midsize global platform - internally known as ‘Project D’ – is taking up too many resources and could be delayed by announcing that several unexpected vehicles and platforms could be unveiled by as...

Update: Yesterday reports emerged claiming Chrysler was in talks with Tata and Fiat over a deal to sell its Jeep Wrangler SUV in India and other parts of Asia. Latest reports indicate that Chrysler is still in talks with Nissan, and is even considering building a new pickup truck for the Japanese...

Chase Auto Finance announced today that it will no longer offer leases for Chrysler vehicles, following a similar announcement made on Friday by Chrysler Financial to stop its own leases on August 1. The reason behind the latest decision according to a Chase spokeswoman is because of fears of...

Following yesterday's announcement from Ford that it had lost a staggering $8.7 billion in the second-quarter of the year comes news that Chrysler lost a much less substantial $515 million in the first-quarter. The latest result represents the financials for both Chrysler and its finance arm, and...

While the automotive universe has certainly been shaken at its foundations with a confluence of unfortunate events this year, all is not lost. Cloudy second-quarter and first-half results appear to have a few silver linings as the industry begins to adjust to the new face of the market. General...

Chrysler has confirmed that it will shed up to 1,000 salaried jobs by the end of September in an effort to reduce costs and streamline its business. Chrysler now joins fellow Detroit carmakers General Motors and Ford, both of which have also announced similar cuts to their salary staff. Employees...

Despite claims at the car's debut that the run of 6,400 2008 Challenger SRT8s had almost sold out, the truth is that many of them are still available. The problem could be, at least in part, driven by dealer markups, though the general downturn in the U.S. market is also likely playing a role. Over...

Cutting models while adding value to existing mid-range trims could be the new tactic at Chrysler as it fights to regain sales and stability in the turbulent market. The changes are wrapped up in a plan called "Fight Back" that the carmaker is rolling out to parts suppliers this week, and things...

The U.S. auto industry may be in turmoil, but both Chrysler and General Motors have denied any possibility of bankruptcy and have dismissed recent rumors to that effect as inaccurate. Both companies have been plagued by falling sales as consumer demand shifts towards smaller and more fuel-efficient...

The Challenger has barely begun delivery to the first batch of retail customers and already Chrysler is working on a new drag-race focused special edition of the SRT8 called the Super Stock. The first Mopar-package car in 40 years, the Super Stock, or 'package car' as the Mopar guys refer to it...

November's SEMA (Specialty Equipment Market Association) show will play host to Chrysler's unveiling of a supercharger it plans to fit to the 2009 Dodge Challenger. Available through dealers as a Mopar aftermarket kit, the supercharger will boost power and torque with little additional weight or...

Update: Chrysler today extended its $2.99 a gallon fuel promotion through the end of July following the release of sales figures for the month of June showing a steep 36% drop for combined sales of Chrysler, Dodge and Jeep over the past year. Previous reasons to extend the deal through June...

Rampant speculation about the short-term future of Chrysler has been circulating the web for the past week or more, with pundits and analysts alternately claiming bankruptcy or sale equally likely. Chrysler has officially denied all claims of an impending bankruptcy, but it has decided to reduce...