Marchionne affirms goal of 6M cars a year

Frankfurt— Fiat and Chrysler CEO Sergio Marchionne on Tuesday said the combined companies still aim to produce 6 million cars a year by 2014 despite the increased uncertainty in global financial markets....Marchionne affirms goal of 6M cars a year

GM, Chrysler emerging as favorites to finish UAW contract talks first

The UAW's top leadership continues to focus on contract talks at all three Detroit automakers, although at varying intensities, with General Motors and Chrysler emerging as favorites to finish first.....More

U.S. completes Chrysler exit; Fiat now majority owner

The U.S. Treasury has completed the sale of its stake in Chrysler to Fiat SpA. The move finally gives the Italian automaker a 52% majority stake in Chrysler.U.S. completes Chrysler exit; Fiat now majority owner

Chrysler to pay back U.S. on Tuesday as Fiat hikes stake

Chrysler plans to pay off its remaining debt to the U.S. Treasury Department on Tuesday, clearing the way for Italian partner Fiat to increase its stake in the No. 3 U.S. automaker.Chrysler to pay back U.S. on Tuesday as Fiat hikes stake

Chrysler, GM recovering vehicles from hauler

Chrysler Group has recovered the remaining 500 vehicles it claims were being withheld by vehicle hauler Allied Systems Holdings Inc. as part of a contract dispute.Chrysler, GM recovering vehicles from hauler

GM and Chrysler Will Pay Bonuses to White-Collar Workers

Less than two years after they exited bankruptcy, Chrysler Group and General Motors (GM) will soon distribute bonus payments to salaried employees in recognition of their efforts to help revive the once-flagging Detroit automakers.

About 26,000 white-collar workers at General Motors will see performance bonuses of 4% to 16% of their base salaries, the company said late Thursday, but a small group could see payments that are equal to as much as 50%....more

GM, Chrysler buy pricey Super Bowl ads as outlook climbs

Automakers seeking to score big points with potential customers will dominate advertising at the 2011 Super Bowl, with more than 15 auto commercials scheduled to air during the game.more

Fiat may increase Chrysler stake to 51% before IPO

Fiat SpA, the Italian carmaker that owns 20 percent of Chrysler Group LLC, may boost the holding to more than 50 percent before a planned initial public offering by the U.S. carmaker this year....More

Chrysler planning Fiat-based 40 mpg Dodge Caliber replacement for 2011

According to numerous reports, the Alfa Romeo Giulietta will serve as the foundation for a 2011 successor for the aging, lackluster Dodge Caliber...More

Iacocca upbeat about Chrysler, Ford, future of the industry

Former Chrysler CEO Lee Iacocca is as blunt as ever in an exclusive interview with The Detroit News...More

Chrysler to resurrect Viper

Chrysler plans to bring the iconic Dodge Viper back to its lineup in the summer of 2012. The all-new Viper will be a 2013 model. The Auburn Hills automaker ceased production of the all-American sports car last summer after 18 years. There has been speculation since then that the hiatus would be short-lived and Chrysler would bring the car back....More

GM, Chrysler to fill 2,000 engineer spots

General Motors Co. and Chrysler Group LLC will ramp up hiring of engineers and other technical staff, creating a combined 2,000 high-tech jobs in the region to bolster development of everything from small cars to electric vehicles....More

Chrysler plans $843M investment in Indiana plant

Chrysler is using today's visit by President Barack Obama and Vice President Joe Biden to Kokomo, Ind., to announce plans to invest an additional $843M in the automaker's transmission plants in the city...More

Chrysler applies for tax credit

Chrysler has applied for state tax incentives from the Michigan Economic Growth Authority for development of the batteries for its Fiat 500EV...more

Chrysler To Live-Stream L.A. Auto Show Unveilings 2011 Dodge Charger R/T

The new Fiat 500,2011 Dodge Charger R/T and about a half dozen other vehicles, either all-new or refreshed, will be on display at Chrysler's 2010 Los Angeles Auto Show stand, and they'll all be unveiled both live at the show and live, via webcast, on the Internet....More

Chrysler may build SUVs for Fiat, Alfa Romeo and Maserati

Chrysler Group LLC's all-new Jeep Grand Cherokee is so popular that it may spawn Detroit-built versions for the automaker's Italian partner, Fiat SpA.

Sergio Marchionne, CEO of both companies, said Monday that the Jefferson North Assembly Plant would be the only factory to build versions of the SUV for as many as four brands: Chrysler, Dodge, Alfa Romeo and Maserati....More

Chrysler, GM to report strong 3Q earnings

Chrysler and GM are expected to report strong third-quarter earnings this week, reflecting a continued turnaround for the two companies that declared bankruptcy in 2009 and required a government bailout to remain in business....more

Chrysler Leads all Autos in Sales Gain up 37%

Chrysler biggest winner as sales hit highest level in more than a year with 37%, Ford second with 19%, GM only up 4%; Toyota sees decline -4%

Ford Motor Co. and Chrysler Group LLC were the big winners in October, as strengthening demand for light trucks boosted U.S. auto sales to their highest level in more than a year.
General Motors Co. recorded a small sales gain, while Toyota Motor Co. was the only major automaker to suffer a decline.....More

Fiat poised to raise stake in Chrysler to 35 percent

Fiat SpA will have completed the measures required to increase its stake in Chrysler Group LLC next year to 35 percent, up from the current 20 percent, Sergio Marchionne, CEO of both automakers, said Thursday....More

Chrysler To Begin Selling Fiat Subcompact In January

DETROIT (Dow Jones)--Chrysler Group LLC plans to introduce the Fiat 500 subcompact in the U.S. market in January and hopes to sell 50,000 of them in 2011, three people briefed on the auto maker's plans said.

The U.S. version of the Fiat 500 will be unveiled at the Los Angeles Auto Show in November and will be positioned as a direct competitor to BMW's (BMW.XE) Mini, according to these people, who did not want to be identified since the briefing is not public. Chrysler also plans to introduce an electric version of the Fiat 500 in 2012, they said....More