Chrysler is recalling nearly 35,000 Dodge Calibers in the United States and around the world to fix a potential problem with sticky gas pedals, the same issue that has affected millions of Toyotas.
Chrysler Group LLC said Wednesday that its May sales rose 33 percent, helped by sales of the Jeep Wrangler, pickup trucks and minivans.
Chrysler Group LLC says its sales rose 33 percent in May, the first month it has sold more than 100,000 vehicles in more than two years.
Chrysler Group LLC gave a big boost to the battered Michigan economy Friday when it announced plans to add about 1,100 workers to help build the new Jeep Grand Cherokee.
Chrysler Group LLC is considering a public stock offering sometime in 2011, the automaker's new CEO says.
In a story May 19 about a partnership between Chrysler Group LLC and Santander Consumer USA Inc., The Associated Press reported erroneously that 20 percent of Chrysler's sales go to customers with subprime credit scores. The story should have said that 20 percent of Chrysler customers who apply for a loan have subprime credit scores.
Chrysler Group LLC is partnering with a unit of Spanish banking giant Banco Santander to offer lower-cost financing to customers who don't qualify for prime loans.
The Treasury Department said Monday it will lose $1.6 billion on a loan made to Chrysler in early 2009. Taxpayer losses from bailing out Chrysler and General Motors are expected to rise as high as $34 billion, congressional auditors have said.
Chrysler Group LLC says it will rehire 379 laid-off workers and hire 20 new supervisors to build transmissions at its operations in Kokomo, Indiana.
Chrysler's better-than-expected first-quarter performance was an eye-opener for all the skeptics who thought the automaker would never be able to turn itself around, even with help from Italy's Fiat.
Chrysler's Sebring convertible, with rear seats that can accommodate two adults and a generous trunk, languished in recent years as its manufacturer went bankrupt and was sold.
Chrysler Group LLC says its financial performance exceeded its expectations and suggested an initial public offering could come sooner than expected.
Chrysler LLC said Monday that its April sales jumped 25 percent, helped by gains in sales of minivan and some sedans. It was the first double-digit sales gain in nearly five years for Chrysler, also one of few that reported any improvement over March.
Chrysler Group LLC says its sales rose 25 percent in April, the first double-digit increase for the automaker in nearly five years.
The National Highway Traffic Safety Administration is investigating a problem with sticky gas pedals in 2007 Dodge Caliber small sport utility vehicles.
Chrysler Group LLC is challenging a Colorado law affecting auto dealers whose franchise agreements were terminated.
Chrysler Group LLC says cost cuts, manufacturing efficiency and disciplined pricing helped the Italian-run automaker slash its net loss to $197 million in the first quarter.
To see how Chrysler's new Italian management plans to bring the company back from its near-death experience, keep an eye on the 2011 Jeep Grand Cherokee.
Chrysler Group LLC has settled a lawsuit against North Carolina over a state law that aimed to block the company's effort to cut dealers, and it will continue its cases in Oregon, Illinois and Maine over similar laws.
Chrysler Group LLC and NASA say they have agreed to share information on automotive technology and space exploration that each can use its own work.
Chrysler Group LLC says its U.S. sales fell 8 percent last month compared with a year earlier, even though it matched some of Toyota's incentives.
If your local Chrysler dealer was forced out of business by the company last year, it could soon be selling new cars again.
A top executive at Chrysler Group LLC said Wednesday that retail sales to individual buyers at the automaker are up 51 percent this month compared with February.
Chrysler's new Italian management is revising the company's electric vehicle strategy, announcing Monday that it will build a fully electric Fiat 500 minicar to sell in the U.S. in 2012.
Chrysler Group LLC said Wednesday that it has named a new executive to head the reintroduction of the Fiat brand to the North American market.
It's been about a year since the Obama administration intervened to rescue GM and Chrysler, and at this point, far-right apoplexy notwithstanding, it appears the rescue efforts have been surprisingly successful.
The tide may certainly be turning for the Big Three. According to the latest studies, more Americans are saying that domestic cars are better than Asian cars. The same survey was conducted in December 2006 and had a very different outcome.
If you thought the era of big boxy vehicles with huge powerful engines had gone the way of the Hummer, think again. Car and Driver thinks it has confirmation from Chrysler that it will build an SRT8 performance version the Jeep Grand Cherokee.
Chrysler Group LLC lost nearly $4 billion since exiting bankruptcy last year, but the company reported a first-quarter operating profit this year and increased its cash reserves, bolstering Chief Executive Sergio Marchionne's claim that the auto maker will break even by the end o …
WASHINGTON -- A new agreement between NASA and Chrysler may put rocket science on the road and automotive technologies in space.
The pension plans at General Motors and Chrysler are underfunded by a total of $17 billion and could fail if the automakers do not return to profitability, according to a government report released Tuesday.
"Really changing executive pay at big commercial banks would require reforming the structure of the banking industry.
Kenneth R. Feinberg, the special master for compensation, is slated to send a letter on Tuesday, asking for details about compensation to top executives, to 419 banks that received assistance as part of the Treasury Department's financial rescue program.
The 2009 GT-R is set to debut in the United States this June, and it's arguably the most eagerly awaited new vehicle of the 2009 model year. MotorHead, by Dan Carney.
The current economic crisis requires new ideas.So far we have gotten none.The plans put forth to date demonstrate a paucity of vision, a lack of creativity, captivity to jingoism about capitalism and socialism and, ultimately, an effort to escape the responsibility that is the c …
DETROIT–The Moroun family seldom steps out of the shadows to show itself to the world. They may be billionaires. They may own the most important bridge Canada has ever known. But they are just shy that way.
The Flex is a new direction in terms of styling for Ford, but the price of gas could stall the public's embrace of the daring new crossover. MotorHead, by Dan Carney.
A closer look at two of the latest entrants in the pickup truck muscle fest: The Ford F-150 King Ranch 4 x 4 crew cab and the 2009 Dodge Laramie 4 x 4 crew cab.
The 2010 Prius is the best Prius yet, very effectively balancing fuel efficiency, safety, practicality and comfort. But there are some puzzling features. MotorHead, by Dan Carney.
Chrysler bankruptcy plans currently calls for American taxpayers losing all of $4 billion TARP funds bailout during financial crisis.
Chrysler Group LLC is recalling 24,177 vehicles because of a defect that could result in brake failure.
Banks that have already paid back their portion of the $700-billion federal bailout would be subject to a special tax under a White House proposal.
Wall Street Vampires: Lately, a lot of Americans, myself included, have used the blood-sucking monsters as a metaphor to describe the Wall Street billionaires who rule us, and who are ruining us.
Ford Motor Co., Toyota Motor Corp. and Honda Motor Co. posted U.S. sales gains in December that beat analysts' estimates as the industry showed signs of stabilizing after its worst year in almost three decades.
PARIS — Ford Motor and Zhejiang Geely Holding Group said Wednesday that they had settled "all substantive commercial terms" on a sale of Volvo, clearing the way for the Chinese automaker to purchase the Swedish business early next year.
Here's another one of these "when I was a kid" stories.
NEW YORK - The U.S. Treasury will not recover any portion of the $3.7 billion still outstanding in loans it made to automaker Chrysler under the Troubled Asset Relief Program, according to the terms of a plan filed with bankruptcy court on Tuesday.
From the company press release:
Two lawyers have joined forces to assemble a case challenging in U.S.