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Toyota tootles into Chrysler's space As if American car companies haven't had enough problems with Toyota Motor Corp. overshadowing their products; now the Asian automaker's trumpet-playing robot is drowning out their executives. Attendees at the SAE World Congress this week had to strain to hear Chrysler's chief engineer Frank Klegon's speech when the Toyota Partner Robot began blaring Stevie Wonder's "I Just Called to Say I Love You" a few booths away from the auditorium. The 4-foot 9-inch robot demonstrated its musical abilities every... Article added: 2008-04-20 07:59:10 Article Views Rating: 178
Now, how about a Chrysler ride? What will it take to get you into a new Chrysler today? How about a sales pitch from one of the automaker's top executives? CEO Bob Nardelli and Vice Chairman Tom LaSorda seized the moment during a meeting with reporters and editors at The Detroit News this week. "We have a little sales contest among the top 300 executives, so if any of you are interested..." Nardelli said, gesturing to himself. "Call me," LaSorda quickly interrupted before the CEO could finish his sentence. Vice Chairman Jim Press and... Article added: 2008-05-03 09:05:33 Article Views Rating: 178
GM, Chrysler suffer more ratings downgrades | detnews.com | The Detroit News A federal bailout of $17.4 billion was not enough to keep Standard & Poor's Corp. from downgrading the credit ratings of General Motors Corp. and Chrysler LLC today on continued concerns both automakers will undertake distressed debt exchanges and fears bankruptcy will remain a risk in 2009. "We've been pretty clear all along that this government money we view as buying these companies time, but not solving their problems," said Robert Schultz, the S & P credit analyst behind both reports, in an... Article added: 2008-12-23 06:51:54 Article Views Rating: 178
Chrysler is open to buying and rebading models from other automakers Chrysler’s CEO Bob Nardelli said that the company is open to buying models from other automakers similar to its deal with Nissan. Nissan and Chrysler announced a deal last month in which both automakers will share vehicles. Chrysler will get a Nissan small car to sell in North America while Nissan’s next-generation Titan will be built by Chrysler.While Nardelli did not name any automakers that Chrysler is considering, he said that any future decisions depend on the market demand.“We will not... Article added: 2008-05-29 04:23:17 Article Views Rating: 177
Chrysler starts to seek concessions necessary for recovery plan | detnews.com | The Detroit News DETROIT -- Chrysler LLC will meet with many of its stakeholders over the next two weeks to seek concessions to meet the targets outlined in the automaker's recovery plan. Chairman Robert Nardelli told reporters at the North American International Auto Show on Sunday that a range of concessions is being sought, but he would not be specific about the company's requests. Chrysler received $4 billion from the government in emergency loans last month that require the automaker to dramatically restructure... Article added: 2009-01-12 06:34:13 Article Views Rating: 177
CAW forms tentative agreement with GM, Chrysler Like all good compromises, it seems none of the parties is really happy with the outcome, but General Motors, Chrysler and the Canadian Auto Workers have reached a tentative labor agreement. Involving both continued production at some plants and job cuts all around, the deal will keep both sides on track to meet their longer-term goals. Two of the primary casualties of the weakening North American auto market are GM’s Windsor transmission plant and a Chrysler casting facility, both of which will... Article added: 2008-05-16 07:19:04 Article Views Rating: 175
Nissan Titan to get a HEMI from Chrysler? Now that Chrysler will be building the next-generation Nissan Titan, the automotive industry is wondering how much input will actually come from Chrysler and whether or not the new Nissan Titan will just be a rebadged Dodge Ram.Speaking to AutoObserver, William J. Krueger, Nissan’s senior vice-president in North America, said that the next-generation Titan will employ the architecture of the new 2009 Dodge Ram, however ‘the upper body will be unique to Nissan.’ Assembly of the new Titan will begin... Article added: 2008-05-20 06:36:30 Article Views Rating: 175
Next-generation Chrysler 300: Little changes on the outside, 'huge leap' on the inside While Chrysler may be shifting its focus to small cars, it has no plans on killing the iconic 300 sedan. Work is underway on the next-generation 300 and all of Chrysler’s 23 design staff is working on the car. Vehicle designer Lou Gasevski says that work is “in process – almost done.”Gasevski said that Chrysler is following the Porsche way of things. “They change a little bit about the car, but it’s still modern.”However, while the exterior will be ‘evolutionary’ the interior... Article added: 2008-05-28 08:53:52 Article Views Rating: 175
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. line-up in return for a large pickup truck, and depending on market conditions we may see even more product swaps. Nardelli said that any further decisions would be based on market demand, and if Chrysler... Article added: 2008-05-29 04:22:34 Article Views Rating: 175
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 market conditions. Total sales outside North America for May were up 5% to 21,505 units with year-to-date sales up 7% to 98,188 units, according to IT News. Jim Press thinks the strong international sales... Article added: 2008-06-08 08:27:16 Article Views Rating: 175 |
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