Chrysler - egmCarTech

Chrysler introduces holiday ‘Year-end Wrap-up’ incentive

Posted: Nov 20, 2009

Filed under: Chrysler, Industry News

After a pretty dismal October, Chrysler is looking to boost sales with new incentives.
“Chrysler Group is happy to kick-off our ‘Year-end Wrap-up’ just in time for the holiday season,” said Fred Diaz, President and Chief Executive Officer–Ram Brand and Lead Executive for the Sales Organization, Chrysler Group LLC. “We want consumers to come into our [...]

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Chrysler may close another 100 dealerships

Posted: Nov 20, 2009

Filed under: Chrysler, Industry News

Back in June when Chrysler emerged from a U.S. government funded bankruptcy it terminated nearly 800 dealerships in an effort to keep its network size in line with its U.S. market share. Chrysler came out of bankruptcy court with about 2,400 dealerships and had 2,366 at the end of October. The Auburn Hills automaker is [...]

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Former auto czar: Key aim to restructuring Chrysler was to change management

Posted: Nov 20, 2009

Filed under: Chrysler, Fiat, Industry News

The Obama administration’s former auto czar, Steven Rattner, said that the key aim of restructuring Chrysler was replacing the group of top executives and management that was put together by private equity firm Cerberus Capital Management LP.
“We wanted to have a completely fresh management team (at Chrysler),” said Rattner. “You can’t come to any conclusion that [...]

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Obama administration doesn’t require GM and Chrysler to make electric cars

Posted: Nov 19, 2009

Filed under: Chrysler, GM, Hybrids, Green News, Industry News

The Obama administration is drawing a bright line between their preference for electric vehicles and their responsibility to manage the tax payers stakes in GM and Chrysler, according to Reuters. “We obviously would be very happy if Chrysler and GM were making lots and lots of high mileage cars. It’s not a prerequisite. [...]

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Chrysler says it will be a quality leader by the end of 2012

Posted: Nov 19, 2009

Filed under: Chrysler, Fiat, Industry News

According to Doug Betts, senior vice president in charge of quality at Chrysler Group LLC, the company will be a quality leader by the end of 2012 with a refocused and larger quality team that will strive to meet tougher standards. He said that Chrysler will commit to quality gains and make it a long-term [...]

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U.S. government encouraged by Fiat’s plan for Chrysler, no IPO before 2011

Posted: Nov 18, 2009

Filed under: Chrysler, Fiat, Industry News

Though they are encouraged by Chrysler’s turnaround plan, the U.S. government will not push for a quick IPO, a senior official told Reuters. Sergio Marchionne, CEO of Fiat, who now controls Chrysler, released Chrysler’s five-year plan earlier this month, and said that Chrysler should be operating on a break-even basis by 2011.
Marchionne’s plan rests [...]

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Ram to get version of Fiat Doblo to compete with Ford Transit Connect

Posted: Nov 17, 2009

Filed under: 2010 Releases, Chrysler, Fiat, Ford, Industry News

On Monday, Fiat took the wraps off its second-generation Fiat Doblo compact van, which will go on sale in Europe in mid-January. According to Automotive News, Chrysler Group LLC’s new Ram brand will get a version of the Fiat Doblo to compete with Ford’s new Transit Connect, which started selling in United States in July.
The Fiat [...]

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Spy Shots: 2011 Jeep Grand Cherokee rides around in Michigan

Posted: Nov 16, 2009

Filed under: 2011 Releases, Chrysler, Jeep, Spy Shots/Renderings

The 2011 Jeep Grand Cherokee was spotted driving around in Michigan roads looking rather nice in a matte-black paint job with black wheels. We’re guessing this is just a prototype of the next-generation Grand Cherokee making rounds at local dealerships.
Click here for more news on the Jeep Grand Cherokee.
Refresher: The 2011 Jeep Grand Cherokee will [...]

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McCain: Chrysler is unlikely to survive

Posted: Nov 16, 2009

Filed under: Chrysler, GM, Industry News

Speaking at the NASCAR Sprint Cup series race at the Phoenix International Raceway on Sunday, Sen. John McCain said that he believes Chrysler Group LLC is unlikely to survive even after receiving nearly $15 billion in U.S. government loans.
“No, I don’t think we ever should have bailed out Chrysler and General Motors,” McCain said. “We [...]

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Daimler CEO’s advice to Fiat on Chrysler: Americans still like larges cars and SUVs

Posted: Nov 16, 2009

Filed under: Chrysler, Daimler, Fiat

Even though Daimler AG and Chrysler’s break up back in 2007 ended like a horrible divorce, Daimler’s CEO Dieter Zetsche still cares a lot for the American automaker.
In a recent interview with USAToday, Zetsche said, “I continue to be emotional about this company and am crossing my fingers for the very best future.”
Zetsche said that [...]