Chrysler News

  • Report: Tata developing $5,000 EV for Chrysler

    One of Chrysler’s key strategies is to take advantage of the global economy and fill gaps in its current lineup with vehicles sources from other manufacturers. We’ve already seen the Auburn Hills carmaker team up with Nissan over a model swap deal as well as China’s Chery Auto before that for a new compact vehicle, now Chrysler is reported to be in talks with India’s Tata over a deal to procure a small electric pickup to sell in North America. Tata is the company behind the world’s cheapest car, the $2,500 Nano, and the maker of the Ace pickup truck (pictured)...

  • MSN and Dodge kick off Challenger design competition
    MSN and Dodge kick off Challenger design competition

    Microsoft and Dodge have teamed up to get people excited about the upcoming 2009 Dodge Challenger R/T by commissioning an online design competition where contenders can customize a Dodge Challenger to their own liking. Dubbed 'DesignDreamDrive', the competitors will have to use a variety of tools...

  • RWD Chrysler sedans next in line to get hybrid option
    RWD Chrysler sedans next in line to get hybrid option

    Chrysler’s first hybrid models, the Dodge Durango and Chrysler Aspen SUVs, are about to go on sale but they could soon be followed by even more petrol-electric models in many different segments. The technology could quickly and easily be adapted to more models and is likely to filter into...

  • Chrysler sales to drop further, CEO warns
    Chrysler sales to drop further, CEO warns

    May sales saw Chrysler's overall total drop 25% compared to 2007 figures, and CEO Bob Nardelli is warning that the slide will continue. In an email sent out to the company's employees Nardelli urged workers to keep their focus and help Chrysler get its product lineup back on track. June sales are...

  • Chrysler prices new hybrids thousands below rivals
    Chrysler prices new hybrids thousands below rivals

    Chrysler today revealed pricing for its new HEMI-powered hybrid SUVs, also boasting that its new prices will undercut the competition by as much as $8,000 on some models. The sticker price for a new 2009 Dodge Durango HEMI Hybrid (pictured) is $45,340, including $800 for destination, while the...

  • Nissan could build Chrysler's new compact car
    Nissan could build Chrysler's new compact car

    Rising fuel prices, which have led to flagging sales of SUVs and pickups, have also forced the Detroit 3 to cut production and layoff thousands of workers. At the same time, Japanese carmakers, which lead the industry in the compact car segment, have been benefiting from record sales as consumers...

  • Chrysler announces 2% price rise

    Due to take effect as of Monday, June 16, Chrysler has told its dealers most new production of the current 2008 models and next year's 2009 models will face a 2% price rise in the U.S. Increased prices on the raw materials used to build its cars are the driving force behind the rise. Chrysler isn't alone in its response to the rising commodities prices. Toyota has already announced a similar price rise, and Honda and GM are considering doing the same. It's a simple business measure to counter the decreased margin on new car production, and will become an increasingly necessary step to cover...

  • U.S. DOE announces $30 million plug-in hybrid fund
    U.S. DOE announces $30 million plug-in hybrid fund

    The timing of the U.S. Department of Energy's $30 million plug-in hybrid funding announcement indicates it has been in the works for quite some time, but coming right on the heels of Ford's call for a government commitment to the technology, it looks like the Blue Oval got just what it wanted. The...

  • GE, Chrysler to work together on plug-in hybrid
    GE, Chrysler to work together on plug-in hybrid

    Toyota is building battery plants as fast as it can to help it meet its goal of putting a million hybrids on the street each year by 2010. GM is considering buying out its troubled battery supplier, Cobasys. Now Chrysler and General Electric are considering teaming up to develop the technology that...

  • Chrysler CEO expects company to remain private, confident of Cerberus
    Chrysler CEO expects company to remain private, confident of Cerberus

    Chrysler CEO Robert Nardelli revealed yesterday that he expects the carmaker to remain in private hands for the next three years at least and was confident in the decisions being made by current owners, Cerberus Capital Management. Under its guidance, Chrysler has adopted a streamlined strategy...

  • Chrysler to build Hornet compact car
    Chrysler to build Hornet compact car

    Rising fuel prices, which have led to flagging sales of SUVs and pickups, has forced the Detroit 3 to cut production and layoff thousands of workers. At the same time, Japanese carmakers, who lead the industry in the compact car segment, have been benefiting from record sales as consumers downshift...

  • Chrysler's 'Lets Refuel America' offer a dud?
    Chrysler's 'Lets Refuel America' offer a dud?

    Chrysler updated its $2.99 per gallon ‘Let’s Refuel America’ fuel offer late last month to extend through until July but the incentive program has proven to be a flop despite fuel prices continuing to rise. The program offers buyers of particular Dodge, Chrysler and Jeep models a...

  • '09 Ford F-150 & Dodge Ram come as market collapses

    Rising fuel prices and demand for smaller vehicles are hitting sales of big SUVs and pickup trucks the hardest, and with the segment expected to shrink by about 500,000 units this year the launch of the next-generation Ford F-150 and Dodge Ram pickups couldn’t come at a worse time. Pickup sales are expected to drop to as low as 1.65 million units this year, down from the 2.5 million peaks of 2004 and 2005, but both Ford and Chrysler are relying on the introduction of their new pickups to boost sales and profits. Both trucks are the best selling vehicles in Ford and Dodge’s...

  • Despite troubles at home, Chrysler's overseas sales on track
    Despite troubles at home, Chrysler's overseas sales on track

    May sales in the U.S. fell more than 25% for Chrysler compared to 2007 levels, but the company's sales outside the North American market have been on the upswing for 36 consecutive months. The growth is modest, but steady, and shows the company is capable of drawing new customers despite tough...

  • Report: Chrysler equals Toyota for efficiency
    Report: Chrysler equals Toyota for efficiency

    The latest report from influential analytical firm Harbour Consulting-Oliver Wyman has found that Chrysler’s Supplier Park plant in Toledo, Ohio, is the most efficient vehicle assembly plant in North America. Not only that, the Harbour Report also found that Chrysler’s overall...

  • Chrysler likely to announce more production cuts
    Chrysler likely to announce more production cuts

    Declining sales of pickups and SUVs has forced both GM and Ford to announce drastic production and job cuts and has even forced industry leader Toyota to readjust its outlook and sales projections for the rest of the year. Chrysler may be next to announce a round of cuts as its profits are heavily...

  • Ford, Mercury climb initial quality rankings, Lincoln, Chrysler fall behind
    Ford, Mercury Climb Initial Quality Rankings, Lincoln, Chrysler Fall Behind

    Unsurprisingly, luxury makers topped the charts of J.D. Power's latest initial quality survey, but Ford's Mercury marque has risen to settle just behind Toyota for second among the mainstream brands. General Motors' brands also had a strong showing, with four of the maker's nameplates ranking above...

  • Chrysler's Project Genesis seeing results
    Chrysler's Project Genesis seeing results

    Detroit's Big Three have come under fire lately for their lack of preparation for the CAFE regulations and rising fuel prices. But good news about the changes that are being made inside their operations is starting to issue from the carmakers, and Chrysler is among the first to show improvement...

  • 2008 chrysler gem peapod ev 004

    Cerberus Capital Management has denied selling any portion of its investment in Chrysler. A report earlier today by Financial Times, which was widely propagated by other sites, claimed that Cerberus Capial Management had sold over half its stake in the two firms to a consortium of 90 private investors. A Chrysler official speaking anonymously with Automotive News has confirmed that the 90 investors thought to have purchased part of Cerberus' stake were actually co-investors that have been part of the deal since the beginning. Together, Cerberus and the co-investors purchased 80.1% of Chrysler...

  • Detroit looking forward to 2010 turnaround
    Detroit looking forward to 2010 turnaround

    The past decade hasn't been a success story for any of the Big Three American automakers, and the past year has been particularly tough. But as new, more fuel-efficient models and revised union contracts come into play starting in 2010, Detroit thinks it has a future worth looking forward to. Sales...

  • Free gas schemes could end up hurting carmakers
    Free gas schemes could end up hurting carmakers

    Car buyers, especially those in the U.S., have historically been at little risk of over-thinking a purchase decision, instead relying on emotional or aesthetic factors. But as fuel prices soar, more buyers are purchasing with their heads, not their hearts, and that could drive consumers away from...

  • Chrysler planning to expand hybrid range
    Chrysler planning to expand hybrid range

    This year Chrysler will launch its first hybrid models with the Chrysler Aspen and the Dodge Durango SUV's, both of which feature Hemi Hybrids. Chrysler may be a little late to the hybrid party, but that doesn't mean it will be left completely behind as the company is already planning to expand its...

  • Chrysler open to more model sharing deals
    Chrysler open to more model sharing deals

    Chrysler CEO Bob Nardelli has revealed that his company is open to sourcing more models from rival carmakers in its bid to offer more fuel-efficient models and adapt to changing consumer demand. Last month Chrysler signed a deal with Nissan to source the compact Versa hatch to expand its U.S...

  • Alfa Romeo CEO confirms talks with Chrysler
    Alfa Romeo CEO confirms talks with Chrysler

    The worsening exchange rate differential between the strengthening euro and weakening U.S. dollar means importing European manufactured models to North America is now significantly more expensive than just a few years ago. It’s a problem Alfa Romeo has to juggle with as it attempts to...

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