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Chrysler's $2.99 gas card promo pretty worthless, for now Oh well. Those Chrysler "Let's Refuel America" gas cards undoubtedly sounded good to car buyers over the summer when gas was well over four bucks and it seemed like there was no limit to how high the price could go. Offered in lieu of rebates, the gas cards essentially locked drivers into the then-cheap pump price of $2.99/gallon. Now, several months and countless hysterical media reports later, the economy is in the tank and so, as it happens, is the price of gas. In what feels like a time warp... Article added: 2008-11-25 08:00:19 Article Views Rating: 130
Chrysler's $2.99 gas card promo pretty worthless, for now Oh well. Those Chrysler "Let's Refuel America" gas cards undoubtedly sounded good to car buyers over the summer when gas was well over four bucks and it seemed like there was no limit to how high the price could go. Offered in lieu of rebates, the gas cards essentially locked drivers into the then-cheap pump price of $2.99/gallon. Now, several months and countless hysterical media reports later, the economy is in the tank and so, as it happens, is the price of gas. In what feels like a time warp... Article added: 2008-11-25 07:57:34 Article Views Rating: 110
The lessons of the 1979 Chrysler loan guarantee | The Detroit News | detnews.com WASHINGTON -- When Chrysler teetered on the brink of bankruptcy in 1979, the automaker spent months building support for a $1.5 billion loan guarantee that helped save the company and tens of thousands of jobs. Nearly 30 years later, the U.S. auto industry is getting only weeks to make its case. Still, the Chrysler chapter offers lessons to the executives of General Motors Corp., Ford Motor Co. and Chrysler LLC -- the private equity successor to the old Chrysler Corp. -- as well as the United Auto... Article added: 2008-11-24 08:19:09 Article Views Rating: 124
Battle Royale: If GM and Chrysler merge, which models survive? var digg_url = 'http://digg.com/autos/If_GM_and_Chrysler_merge_which_models_survive'; At first we thought the idea of a merger between General Motors and Chrysler LLC was laughable. We still do, but persistent reports to the contrary have us fearing that this marriage just might happen. Combining these two automakers would be a messy job, as many models on both sides of the fence compete directly with on another in the marketplace. If the merger does happen, someone may have to sit down and decide which... Article added: 2008-11-21 14:30:52 Article Views Rating: 133
Chrysler/Nissan partnership bears fruit in South America: the Dodge Trazo C1.8 Click above for high-res gallery of the Dodge Trazo C1.8 Early this year Chrysler and Nissan formed a partnership to share products. The big news at the time was that Nissan would be replacing its Titan pickup with a version of the Dodge Ram. But before that deal went down, the two automakers from different continents had already agreed on a partnership that would see the Nissan Versa sold in some South American markets as a Dodge. Today Dodge unveiled that vehicle at the Sao Paulo Auto Show in Brazil... Article added: 2008-11-21 14:30:50 Article Views Rating: 109
Chrysler has $6.1B, but $5B in monthly costs | The Detroit News | detnews.com For Chrysler LLC, bankruptcy is a real threat, with only $6.1 billion on hand and about $5 billion a month in operating costs. CEO Robert Nardelli made the private company's financial status public this week during his testimony in Washington, D.C., as part of a bid for federal assistance by Detroit's Big Three. Underscoring the automaker's precarious position, the company was placed on 'Rating Watch Negative' by Fitch Ratings Wednesday, on the heels of the disclosure that Chrysler burned through $3.3... Article added: 2008-11-20 08:38:50 Article Views Rating: 121
Rumor Mill: Are The Chinese Carmakers Quietly Planning To Buy GM and Chrysler? Chinese carmakers SAIC and Dongfeng have plans to acquire GM and Chrysler, China’s 21st Century Business Herald reports today. A National Enquirer the paper is not. It is one of China’s leading business newspapers, with a daily readership in the 3 millions. The paper cites a senior official of China’s Ministry of Industry and Information Technology– the state regulator of China’s auto industry– who dropped the hint that “the auto manufacturing giants in China... Article added: 2008-11-19 07:12:13 Article Views Rating: 129
Chrysler Woes Bankrupt Getrag Dual Clutch Transmission Plant Getrag Transmission Manufacturing LLC said Monday it filed for Chapter 11 bankruptcy protection for its Tipton Indiana facility after Chrysler LLC pulled out of a financing options agreement and left the plant without a primary customer. The $530 million facility was being built for the sole purpose of making dual clutch transmissions for Chrysler, so when the automaker terminated the deal last month, the German manufacturer said it was forced to stop its operations in Tipton and cancel the project.LA... Article added: 2008-11-19 07:12:11 Article Views Rating: 117
Chrysler Blames Financial Meltdown For Woes, But It Needs $22 Billion For Health Care And Retirees Mr. Chairman, members of the Committee, I appreciate this opportunity to address the current economic and financial crisis, the impact it is having on the automotive industry, and the need for immediate action.During the 15 months I've been part of Chrysler, and since we've emerged as the first privately held American auto company in 50 years, I've been proud to work with a team of dedicated men and women determined to restore this 83-year old, iconic American brand to its rightful place in the... Article added: 2008-11-19 07:12:10 Article Views Rating: 99
Chrysler has new supply partner | The Detroit News | detnews.com MARYSVILLE -- Chrysler LLC and ZF Friedrichschafen AG of Germany have formed a partnership to run a new axle plant about 60 miles north of Detroit, with production slated to begin in early 2010. The announcement by Chrysler Vice Chairman and President Tom LaSorda suggested business continues as usual for the automaker even as its immediate future may be at risk. The announcement came the same day the CEOs of Detroit's ailing Big Three automakers, including Chrysler CEO Robert Nardelli, were in... Article added: 2008-11-19 07:11:37 Article Views Rating: 131 |
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