Area auto sales worst in 2 years Nov 19, 2009
New Smyrna Beach Chevrolet Chrysler Jeep Dodge, 36 ... Daytona Dodge Chrysler Jeep, 31 ... Flagler Chrysler Dodge Jeep, 5. (Daytona Beach News Journal -- Business)
Insurance institute salutes safe vehicles Nov 19, 2009
Detroit s Chrysler earned four awards, and two small cars from Nissan and Kia joined the ranks of the most-safe cars ... Chrysler Sebring 4-door. (Charlotte Business Journal, NC)
As Electric Cars Arrive, Where Will They Plug In? Nov 19, 2009
Chrysler CEO Sergio Marchionne has noted that the demand for electric-powered commercial vehicles could develop faster than a commuter demand because commercial vehicles can be collected at the end of the day and recharged at a central point. For the retail car owner, it's likely to be an evolutionary change. (Time.com)
Azteks abysmal failure bodes well for GM Nov 18, 2009
But obviously, theres a wrinkle this time round: Both General Motors and Chrysler are fresh off bankruptcy ... Chrysler, unfortunately, doesnt have much new stuff to sell. (MSNBC -- Business)
Mercedes buys out Brawn Nov 18, 2009
Last Updated: 10:09am 18 Nov 2009. Life Insurance Quote. (iAfrica.com)
Ford Fusion, Motor Trend car of the yr Nov 18, 2009
Dearborn, Michigan-based Ford has looked to set itself apart from U.S. rivals General Motors Co and Chrysler Group LLC, which reorganized under government-funded bankruptcies this year, and increasingly uses Toyota and Honda as benchmark competitors. Sales of the Fusion have helped keep Ford's US sales declines for 2009 slower than the overall drop in the industry. (India Times)
* GMAC chief executive steps down Nov 18, 2009
GMAC is instrumental to the operations of automakers GM and Chrysler Group LLC, but its finances have been haunted by bad loans it made during the housing boom. GMAC provides the financing for dealers and customers of GM and Chrysler and its survival is a crucial part of the US administrations restructuring of the auto industry. (Taipei Times, Taiwan -- World)
Rising U.S. Auto Demand Spurs Sales for Mexico's Alfa, Kuo as GDP Recovers Nov 17, 2009
Alfa, the worlds largest producer of aluminum engine parts, and Kuo, which makes transmissions for Fords Mustang coupe and Chrysler Group LLCs Dodge Ram pickup, have more than doubled this year compared with a 39 percent rise in Mexicos Bolsa stock index ... The challenges for the auto industrys long-term growth mirror those of the countrys economy, said , vice president of the Mexico City-based , which represents international companies in Mexico, including Ford and Chrysler. (Bloomberg -- US)
GM generates $3.3b in cash, plans to start repaying loans Nov 17, 2009
Henderson said it was my mission to disprove a Sept. 9 government report predicting the Treasury would be unlikely to recover all of the estimated $85 billion in federal aid provided to GM and Chrysler Group LLC.. GM would need to reach a market value of about $68 billion, more than its $57 billion peak in 2000, to fully repay the government, the Congressional Oversight Panel said. (Boston Globe)
* GM to step up payments to US, Canada Nov 17, 2009
Even if GM pays back all its loans early, government investigators have questioned whether taxpayers will recoup their full investment in GM and fellow bailed-out automaker Chrysler Group LLC.. GM, which exited bankruptcy as a new privately held company on July 10, has said it hopes to sell stock to the public late next year so taxpayers can recoup at least part of their remaining investment. (Taipei Times, Taiwan -- World)
GM reports $1.2 billion third-quarter loss Nov 17, 2009
The new CEO of Chrysler said its operations broke even in September, although the company did not release numbers. Volkswagen AG and Toyota Motor Corp. both reported quarterly profits of around $250 million, while Honda Motor Co. made a $587 million profit. (MSNBC -- Business)
CEO is stepping down from beleaguered GMAC Nov 17, 2009
GMAC is instrumental to the operations of automakers General Motors Co. and Chrysler Group LLC, but its finances have been haunted by bad loans it made during the housing boom ... GMAC provides the financing for dealers and customers of GM and Chrysler and its survival is a crucial part of the Obama Administration's restructuring of the auto industry. (MSNBC -- Business)
GM To Begin Repaying $6.7B in U.S. Loans Nov 17, 2009
Ford and GM reported increased October sales but Chrysler's sales plunged. As Dean Reynolds reports, it is unlikely either GM or Chrysler will be prosperous enough to pay back their bailout ... The new CEO of Chrysler said its operations broke even in September, although the company did not release numbers. (CBS News)
GMAC CEO Alvaro De Molina Steps Down Nov 17, 2009
GMAC is instrumental to the operations of automakers General Motors Co. and Chrysler Group LLC, but its finances have been haunted by bad loans it made during the housing boom. GMAC, which became a bank holding company late last year, has received $12. (ABC News -- Wire)
Talking Cars: Fuel is fuel isnt it? Nov 17, 2009
Question: I purchased a 1985 Chrysler with only 50,000 miles. The car runs perfectly, except for a rough idle. (Kingston Mariner, MA)
Hall Dodge Joins Hall Chrysler Jeep on Virginia Beach Blvd Nov 16, 2009
Hall Automotive has moved Hall Dodge into the Hall Chrysler Jeep building on Virginia Beach Boulevard to provide Dodge customers a more convenient location and the full line of Chrysler vehicles. Virginia Beach, VA (PRWEB) November 16, 2009 -- Hall Automotive announced today that Hall Dodge is now combined with Hall Chrysler Jeep located at 3152 Virginia Beach Blvd. Dodge customers will still have the same familiar faces from the former location, but now will be able to access the dealership... (Yahoo News -- Press Releases)
GM to Start Repaying $6.7 Billion U.S. Government Loan: Source Nov 16, 2009
The government stepped in to bail out both GM and Chrysler Group to save a key portion of the U.S. manufacturing sector from collapse amid the recession. 1. (ABC News -- Wire)
Source: GM to begin repaying aid by year-end Nov 16, 2009
Even if GM pays back these loans early, government investigators have questioned whether taxpayers will recoup their full investment in GM and fellow bailed-out automaker Chrysler Group LLC. GM, which exited bankruptcy as a new privately held company on July 10, has said it hopes to sell stock to the public late next year so taxpayers can recoup at least part of their remaining investment. However, the Government Accountability Office said in a report issued earlier this month that the... (MSNBC -- Race)
Full Story » Nov 16, 2009
Hall Dodge Joins Hall Chrysler Jeep on Virginia Beach Blvd - Yahoo ... Hall Dodge Joins Hall Chrysler Jeep on Virginia Beach Blvd ... Hall Automotive has moved Hall Dodge into the Hall Chrysler Jeep building on Virginia Beach Boulevard to provide Dodge customers a more convenient location and the full line of Chrysler vehicles. (Yahoo News -- Press Releases)
Leaky water system poses big challenge Nov 15, 2009
That was no consolation to Mr. Seiavitch, as he stood on the heaved-up concrete of his driveway, a few feet from the scene of the main break that sent a cascade toward his 1985 Oldsmobile Cutlass Supreme, 1996 Buick Roadmaster, 2006 Chrysler Sebring convertible and 2007 Buick Lucerne. "Every car is totaled," he said. (Pittsburgh Post-Gazette, PA)
Former CEO Dieter Zetsche has advice for Chrysler Nov 13, 2009
Former Chrysler CEO Dieter Zetsche says he's crossing his fingers that Chrysler has "the very best future.". By James R. Healey, USA TODAY NEW YORK Despite 's promise to rescue with small cars and fuel-efficient technology, a top executive of Germany's Daimler and former Chrysler CEO cautioned that these companies shouldn't forget that American buyers still like large cars and SUVs ... He ran Chrysler when it was owned by Daimler. (USA Today -- Money)
Pay czar concerned firms could lose talent Nov 13, 2009
Besides AIG, Feinberg oversees pay at Bank of America Corp., Citigroup Inc., General Motors, GMAC, Chrysler and Chrysler Financial. Speaking at the Bloomberg Washington Summit, Feinberg said no company had formally appealed his decisions about pay for their top 25 earners. (MSNBC -- Business)
Say hello to the Fiat 500 Nov 13, 2009
Chrysler hopes it can deliver ... In late 2010, we'll begin seeing the cute little Fiat 500 showing up at selected Chrysler dealers here in the United States ... Even Chrysler executives are playing down expectations for the car, based on the fact that Americans have traditionally preferred larger vehicles, and the 500 is definitely not large. (CNN -- Money)
Walter P. Chrysler Museum Spruces Up Cars, Trees & Traditions with New Decor, Vintage Pedal Cars and New Programs Nov 13, 2009
Walter P. Chrysler Museum Spruces Up Cars, Trees & Traditions with New Decor, Vintage Pedal Cars and New Programs - Yahoo ... Walter P. Chrysler Museum Spruces Up Cars, Trees & Traditions with New Decor, Vintage Pedal Cars and New Programs ... Source: Walter P. Chrysler Museum. (Yahoo! Wire -- Entertainment News)
The Palin Persuasion Nov 13, 2009
Held to the standards of the marketplace, companies like GM, Chrysler, AIG, GMAC, and Citi probably would disappear. They'd be bought and sold, carved up into little pieces, and the overpaid CEOs who made bad bets would lose their jobs. (CBS News -- Opinion)
Will Sex Sell for Chrysler? Nov 12, 2009
Will Sex Sell for Chrysler ... Will Sex Sell for Chrysler ... At one point, a scantily clad model slipped out of a Chrysler, revealing her tattooed thigh. (BusinessWeek)
GM to offer first post-bankruptcy financial report Nov 12, 2009
In September, the independent Congressional Oversight Panel said GM and Chrysler Group LLC, which also received federal aid, should start filing the same quarterly financial reports that public companies are required to file with the U.S. Securities and Exchange Commission. There have been brief glimpses into GM's financial health in recent weeks. (Xinhuanet, China)
America's Dirtiest Vehicles Nov 11, 2009
" To determine the dirtiest cars on America's roads, we used air pollution and greenhouse gas emissions data from the U.S. Environmental Protection Agency. The EPA rates air pollution on a scale of 0 to 10; the score reflects the amount of tailpipe emissions a vehicle releases. Vehicles that score 10 are the cleanest--they don't emit pollutants like hydrocarbon, nitrous oxides, particulate matter, carbon monoxide and formaldehyde. Greenhouse gas levels (carbon dioxide, nitrous oxide and methane)... (Channelnewsasia.com)
Rev up your phone Nov 11, 2009
Chrysler Grand Voyager 3 ... CHRYSLER GRAND VOYAGER. (iAfrica.com)
Radios stolen from car lot in Watertow Nov 11, 2009
Three factory-installed radios were stolen from three unlocked 2010 Chrysler Town & Country vans in a parking lot on Green River Way sometime overnight on Nov. 4. The lot is leased to Clark and White Auto of Newton for storing cars. (Watertown TAB & Press, MA)
Used-car dealer gives credit-hurt customers hope Nov 11, 2009
With Dial's company, she ended up with a 36-month lease-to-own contract at the south Chandler Walmart; she now is happily driving a 2005 silver Chrysler Sebring. "They had a really good selection," Berry said. (AZCentral -- Business)
GM Chairman Says Co. Is Committed to Repaying Aid Nov 11, 2009
Government investigators have challenged the likelihood that taxpayers will recoup their investment in GM and in Detroit rival Chrysler Group LLC. The Government Accountability Office said in a report issued last week that the automakers' value would have to soar to levels they didn't even approach when they were healthier for the taxpayer loans to be repaid. However, Whitacre, who became GM's chairman after it exited bankruptcy in July, highlighted restructuring efforts made at the company,... (ABC News -- Wire)
KLAS Files Response Denying Allegations Made In Auto Sale Coverage Complaint Nov 10, 2009
In the complaint, KVBC alleged that back in May and June, when a local Dodge dealer, United Dodge Chrysler Jeep, was advertising liquidation sales related to the closing of dealership, network affiliate competitors KLAS (CBS), KTNV (ABC) and KVVU (Fox) inserted ads that looked like interviews into their newscasts--paid for by United--without any notification to viewers that they were paid placements. More Content. (Multichannel News)
Fed: GMAC will still need more bailout money Nov 10, 2009
GMAC provides wholesale financing to many General Motors and Chrysler dealerships to pay for the vehicles on their lots. The company also operates a mortgage lending unit Residential Capital which has been pummeled by the housing market downturn. (MSNBC -- Business)
Chrysler drops three electric vehicles Nov 10, 2009
If you believed all the talk from Chrysler about how our tax dollars would help finance its fast-track electric-vehicle future, you're in for a big disappointment. Chrysler has disbanded the engineering team that was trying to bring three electric models to market as a rush job, Automotive News reports today ... Chrysler cited its devotion to electric vehicles as one of the key reasons why the Obama administration and Congress needed to give it $12. (AZCentral -- Business)
Economic forecasts in bank tests miss their mark Nov 10, 2009
FILE - In this April 30, 2009 file photo, a GMAC sign is shown at a GM/Chrysler dealership in Oakland, Calif ... GMAC provides wholesale financing to many General Motors and Chrysler dealerships to pay for the vehicles on their lots. (Muscatine Journal, IO)
Talking Cars: Even with all the computers, sometimes its not the car Nov 10, 2009
Question: I own a 1999 Chrysler Sebring convertible. My problem is the remote works for a day then stops. (Kingston Mariner, MA)
Chrysler Shelves Plan to Sell Electric Car in... Nov 10, 2009
Chrysler Shelves Plan to Sell Electric Car in 2010 - Auto - FOXNews ... Chrysler Shelves Plan to Sell Electric Car in 2010 ... Chrysler has disbanded a team of engineers dedicated to rushing a range of electric vehicles to showrooms and dropped ambitious sales targets for battery-powered cars set as it was sliding toward bankruptcy and seeking government aid. (Fox News)
Drive On: Chrysler drops 3 electric vehicles despite having touted them to get government bailout Nov 10, 2009
Chrysler drops three electric vehicles despite having touted them to get billions in government bailout cash - Drive On: A conversation about the cars and trucks we drive - USATODAY.com ... Chrysler drops three electric vehicles despite having touted them to get billions in government bailout cash ... If you believed all the talk from Chrysler about how our tax dollars would help finance its fast-track electric-vehicle future, you're in for a big disappointment. (USA Today -- Money)
America's Dirtiest Cars and TrucksChrysler dominates Forbes' dirty vehicles list with six. Nov 9, 2009
Chrysler Dominates Forbes' Dirty Vehicles List With Six. By Hannah Elliott, Forbes. (ABC News -- Business)
Repairing a hybrid doesn't have to cost a lot (5) Nov 8, 2009
New 100 percent electric vehicles by Chevrolet, Chrysler, Nissan and Mini will have lithium battery packs that cost more than 10,000. A battery pack's limited shelf life means a fully electric or even a gas-electric hybrid might not be the best choice for a retiree planning to drive 3,000 miles a year for 20 years and then pass the vehicle down to a favorite grandchild. (Keokuk Daily Gate City, IO)
Dolan Media buys 85 percent stake in DiscoverReady Nov 7, 2009
GMAC Financial Services, the main lender for General Motors Co. and Chrysler Group LLC, said its loss narrowed to $767 million in the third quarter, as its auto lending unit made money while its home mortgage unit reported another loss. Brewer Molson Coors said its third-quarter profit rose 37 percent as consumers bought less of the company's beer but paid higher prices for it. (Fresno Bee -- Business)
8 cars to R.I.P. (rust in peace) Nov 7, 2009
Chrysler Aspen, 2007-09: Late to the luxury-truck party, this sapling never grew in popularity despite its appealing design and price. But Chrysler's first SUV will be its last. (AZCentral -- Business)
America's carmakers: Rinsed and raring to go Nov 7, 2009
This week the three big ones Ford, General Motors and Chrysler all had good news to report ... Sergio Marchionne, boss of Fiat and now Chrysler, laid out a detailed five-year plan for restoring the American company to health in a seven-hour presentation ... The smallest of the three, privately held Chrysler, did not say how much it had lost, but an educated guess was about $2 billion. (The Economist)
Don't kill the host Nov 7, 2009
That's just insane, to be turning down a deal that would lead to long-term job security and a healthier company, especially considering the fate of Chrysler and GM. ... Apparently so, as Chrysler and GM were able to squeeze concessions out of Big Labor on the way to bankruptcy. (The Augusta Chronicle)
Newmap for Chryslers path? Nov 7, 2009
CEO lays out ambitious Chrysler road map - The Driver's Seat- msnbc ... Fiat boss lays out ambitious Chrysler road map ... Chrysler Group CEO Sergio Marchionne offered an upbeat outlook on the ailing automaker, saying the company is making an operating profit and building cash thanks to the massive cost savings it has enjoyed thanks to its brief trip through bankruptcy a few months ago. (MSNBC -- Business)
Opel chief quits after GM decides to keep European unit Nov 7, 2009
Spiegel also reported that Bob Lutz, 77, an industry veteran with vast experience on both sides of the Atlantic at BMW, Ford and Chrysler and currently at GM, would replace Forster as head of Opel's supervisory board. Related article: Little solidarity for German Opel strikers. (Yahoo! Asia News)
Chrysler dismantles electric car plans Nov 7, 2009
DETROIT: Chrysler has disbanded a team of engineers dedicated to rushing a range of electric vehicles to showrooms and dropped ambitious sales targets for battery-powered cars set as it was sliding toward bankruptcy and seeking government aid. The move by Fiat SpA marks a major reversal for Chrysler, which had used its electric car program as part of the case for a $12 ... As late as August, Chrysler took $70 million in grants from the U.S. Department of Energy to develop a test fleet of 220... (India Times)
Magna Surges Most Since 1991 After Profit Bucks Analysts' Loss Estimates Nov 7, 2009
Increased output by GM and Chrysler Group LLC provided even more of a revenue lift than we previewed, , a New York-based analyst at JPMorgan Chase & Co., wrote in a note today. Magna had of $4. (Bloomberg -- Canada)
How bad is a 10.2 percent unemployment rate? Nov 7, 2009
And, thanks to the collapse of the U.S. auto industry (GM and Chrysler aren't going to make it), there are probably a million or so reasonably paid manufacturing jobs that are never coming back. -- ikuiku [] Friday, November 6, 2009 08:00 AM. (Salon)
7 cars that Chrysler is banking on Nov 7, 2009
The cars that Chrysler is counting on - Chrysler 300 (1) - CNNMoney ... Chrysler is scrambling to revamp its product line ... Chrysler's iconic 300 sedan will be completely redesigned, and the new version will come out late next year. (CNN -- Money)
Analysis: Chrysler's plans are ambitious Nov 7, 2009
The $23 billion, five-year recovery plan for Chrysler Group LLC unveiled Wednesday was nothing if not ambitious, with big increases in market shares and sales forecast for each of its brands by 2014 ... The six-hour presentation, headed by Chrysler CEO Sergo Marchionne, calls for unveiling four new Dodge models by 2013 and updating most of its current lineup ... Chrysler gets a new 300 next year and in 2013 a replacement for its unpopular Sebring, a new crossover and a new compact car. (Pittsburgh Post-Gazette, PA)
Devastated here Nov 7, 2009
Unfortunately, we were also devastated by the closure of Pat Beck Chrysler ... We also cannot verify if he paid Chrysler Financial for the new car we purchased. (Nogales International, AZ)
Toyota surprises with second-quarter profit Nov 6, 2009
Struggling US rival Ford Motor Co also reported a quarterly profit this week, defying Wall Street estimates as it seized market share from rivals General Motors Co and Chrysler as they emerged from bankruptcy. The stronger yen, which eats into profits made abroad, has dealt a double blow because Toyota exports more than half of its vehicles built in Japan. (The Star Online, Malaysia -- Business)
Davis calls energy crisis over Nov 6, 2009
State of emergency, in effect since '01, revoked. Friday, November 14, 2003. (Yahoo News -- Utility Industry Deregulation)
US Auto Sales Grow; GM Increase 1st Since Jan. '08 Nov 6, 2009
However, Chrysler Group LLC continued to struggle, though its 30% drop wasn't as bad as much of 2009, while General Motors Co. reported a 4 ... Chrysler's total sales slipped 30% to 65,803 units, with total cars down 30% and total trucks falling 31 ... But Chrysler reported sales increased 6% from September. (SmartMoney)
Rackspace apologizes for cloud outage, prepares to issue service credits Nov 6, 2009
Article:Rackspace apologizes for cloud outage, prepares to issu:/g/a/2009/11/05/urnidgns852573C400693880002576650071A26E.DTL Article:Rackspace apologizes for cloud outage, prepares to issu:/g/a/2009/11/05/urnidgns852573C400693880002576650071A26E.DTL advertisement. Jon Brodkin, Network World. (San Francisco Chronicle -- Technology)
Clinton visits Egypt to rescue peace plan Nov 6, 2009
Jeffrey Fleishman, Los Angeles Times. Thursday, November 5, 2009. (San Francisco Chronicle -- Politics)
Teens' abuse of cough medications soaring Nov 6, 2009
Article:SAN FRANCISCO / Teens' abuse of cough medications soari:/c/a/2006/12/06/BAGK6MQA271. DTL Article:SAN FRANCISCO / Teens' abuse of cough medications soari:/c/a/2006/12/06/BAGK6MQA271. (Yahoo News -- Substance Use)
Modest gains for Bush at Summit of Americas / Sweeping promises, sharp divisions as 34-nation meeting ends Nov 6, 2009
Article:Modest gains for Bush at Summit of Americas / Sweeping :/c/a/2004/01/14/MNGS649LV91. DTL Article:Modest gains for Bush at Summit of Americas / Sweeping :/c/a/2004/01/14/MNGS649LV91. (Yahoo News -- Summit of the Americas)
Chrysler aims to pump life into struggling lineup Nov 6, 2009
- Chrysler hopes to make billions of dollars to repay government loans and revamp all of its cars and trucks with an ambitious plan that hinges on doubling sales in five years. The plan, which includes spending $23 billion to overhaul or replace all its Chrysler, Dodge, Jeep and Ram models by 2014, is realistic as demand improves over the next five years, says Sergio Marchionne, Chrysler's new CEO, who has turned around Italian automaker Fiat Group SpA. ... Marchionne made his remarks after a... (The Augusta Chronicle)
Chryslers Master Plan Nov 6, 2009
Chryslers Master Plan. Chryslers Master Plan ... Yesterday was D-Day for Chrysler and Fiats CEO, Sergio Marchionne, to present his five-year plan for Chrysler. (Slate)
Ode to the Hood Ornament Nov 6, 2009
Rather, the division of Chrysler simply slaps the word JEEP on every vehicle, the better to bolster its rugged image ... One thing you can say about (F) is that its badge has been incredibly consistent, unlike its fellow Detroit behemoths, General Motors and Chrysler. (Slate)
Ford Says (Mostly) 'No' to Washington -- And Wins Nov 6, 2009
Ford made its first billion by successfully increasing domestic sales for the first time in nearly five years, and boosting market share against its chief rivals, Government Motors (GM) and Crying Chrysler. Meanwhile, GM and Chrysler and their financial arms continue to struggle. (Human Events Online)
Chrysler: cash is up more than $1 billion from June Nov 6, 2009
(AP) -- Chrysler CEO Sergio Marchionne says the automaker is on firmer financial footing as it attempts to revive the company's sagging fortunes. Chrysler is announcing a new business plan at a daylong event Wednesday, including the introduction of three new Dodge cars by 2013 and new exteriors, interiors and engines on most of its current lineup ... Chrysler hopes the car will make it more competitive in midsize sedans, the largest segment of the U.S. car market. (Madison Daily Leader, SD)
