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Chrysler dealers chip in to help with the 2009 Detroit Auto Show
It’s no surprise that Chrysler LLC is running out of cash very quickly. For that reason, the automaker is cutting back spending money on the upcoming 2009 Detroit Auto Show next month. It’s been reported that Chrysler has asked its local independent dealers to help out with some of the cost, according to the Detroit Free Press.Chrysler officials have been asking local dealers...[source]

Article added: 2008-12-15 07:23:46   Article Views Rating: 151


Chrysler delays return of second shift at Illinois plant | detnews.com | The Detroit News
Chrysler Group LLC is delaying the return of the second shift of workers at its Belvidere, Ill., plant by more than a month. "Continued stresses on the automotive supplier base," is the explanation the automaker gave Monday in announcing the 850 affected workers will be recalled in mid-November. The original plan was to increase production starting Oct. 5, adding 10,000 Dodge Caliber compact vehicles to help replenish supplies after the fuel-efficient hatchback proved popular during the "cash for...

Article added: 2009-09-15 04:26:10   Article Views Rating: 56


Chrysler enters Vanishing Point Challenger in One Lap of America
Click above for high-res gallery of the Dodge "Vanishing Point" ChallengerIt's good to know that there are folks at Chrysler who are still having a good time despite the rubbish state of auto sales in the U.S. The best evidence of this is the automakers's entry this year's One Lap of America "cross-country" race. Chrysler's Vice President Ralph Gilles and Erich Heuschele, Vehicle Dynamics Supervisor for SRT, are entering a blank white Challenger inspired by the 1970 Dodge Challenger that stars in the...

Article added: 2008-05-03 09:05:38   Article Views Rating: 185


Chrysler extends $2.99/gallon gas offer another month
Much hubub has been made over the current Let's Refuel America program in which buyers can choose to lock in the price of gasoline at $2.99/gallon for three years courtesy of Chrysler LLC, but the incentive has apparently been successful. Chrysler announced this morning that the program, launched on May 7th and scheduled to end May 31st, will continue for more than an extra month to July 7th. The deal is that purchasers who choose the Let's Refuel America program will get a gas card that's linked to...

Article added: 2008-05-20 06:36:25   Article Views Rating: 188


Chrysler extends gasoline subsidy
DETROIT -- Chrysler is extending for another month its offer to subsidize customers' gasoline prices for three years. The deal caps gas at $2.99 per gallon with Chrysler paying the rest. It was to expire June 2, but now will go through July 7. Chrysler said Monday the deal has resonated with consumers and raised traffic on the Chrysler Web site by 25 percent since it began May 7. "Boy, have we gotten a great response," Vice Chairman and President Jim Press said on a conference call with reporters. "This...

Article added: 2008-05-20 06:36:24   Article Views Rating: 155


Chrysler extends plant shutdowns | detnews.com | The Detroit News
Chrysler LLC is extending the shutdown of five plants, including three in Michigan, for another week, citing continued slow sales due to the financial crisis and industry downturn. The automaker closed all 30 North American plants Dec. 19 for one month to reduce inventory. Workers at 23 of them will be back on the job next week. Down an additional week are: Sterling Heights Assembly Plant Chrysler Sebring and Dodge Avenger; Belvidere, Ill. Dodge Caliber and Jeep Patriot and Compass; and the plant in...

Article added: 2009-01-16 06:07:14   Article Views Rating: 206


Chrysler extends shutdown for three plants | detnews.com | The Detroit News
Chrysler LLC is extending the shutdown of three of its plants for an additional week, citing continued slow sales due to the financial crisis and downturn in the auto industry. The automaker closed all 30 North American plants Dec. 19 for one month to reduce inventory. Workers at 23 of them will be back on the job beginning next week. Three plants will be down an additional week. They include: Sterling Heights Assembly Plant Chrysler Sebring and Dodge Avenger, Belvidere, Ill. Dodge Caliber and Jeep...

Article added: 2009-01-16 06:07:15   Article Views Rating: 194


Chrysler eyes 2011 for profit | detnews.com | The Detroit News
Fiat's retooling of Chrysler foresees the littlest of Detroit's Big Three making profits by 2011 and paying off its bailout loans by 2014, officials said during Wednesday's daylong debut of what a post-bankruptcy Chrysler will look like. The profit forecasts are based on big cuts in expenses that already are under way; economies of scale from sharing parts and vehicle platforms; and a volume increase that calls for doubling U.S. and worldwide sales in five years. It will be a big gain from the...

Article added: 2009-11-05 10:37:24   Article Views Rating: 43


Chrysler Financial asking dealers to cut back on loan requests | detnews.com | The Detroit News
As the wait continues for government assistance for Chrysler LLC, anxious dealers have made inordinately higher requests for loans from Chrysler Financial to stock up on inventory. That has prompted a warning that loans may have to be temporarily suspended, according to a Dec. 12 letter from Chrysler Financial Chief Executive Officer Thomas Gilman obtained by The Detroit News. The letter states that daily requests by dealers from a fund used to pay off those loans were approaching $60 million, "well...

Article added: 2008-12-18 08:03:23   Article Views Rating: 118


Chrysler Financial asking dealers to cut back on loan requests | detnews.com | The Detroit News
As the wait continues for government assistance for Chrysler LLC, anxious dealers have made inordinately higher requests for loans from Chrysler Financial to stock up on inventory. That has prompted a warning that loans may have to be temporarily suspended, according to a Dec. 12 letter from Chrysler Financial Chief Executive Officer Thomas Gilman obtained by The Detroit News. The letter states that daily requests by dealers from a fund used to pay off those loans were approaching $60 million, "well...

Article added: 2008-12-18 08:03:57   Article Views Rating: 134



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