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TURIN, ITALY – In a joint statement, Fiat, Chrysler, and Chrysler's majority shareholder Cerberus Capital Management L.P, said they have signed "a non-binding term sheet to establish a global strategic alliance."
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Chrysler 200C EV capable of driving up to 40 miles on battery-only power.
Read More →WASHINGTON – In an early morning televised announcement, President Bush announced a plan to offer the struggling automakers $17.4 billion in short-term financing, $13.4 immediately available and another $4 billion likely available in February. But the plan comes with strict conditions.
Read More →Manufacturing operations at Chrysler will be idled effective Dec. 19. Employees will not return to work any sooner than Jan. 19, 2009.
Read More →The Associated Press reported late Thursday night that bipartisan negotiations in Senate on a Republican version of the House-passed automotive industry bailout plan fell apart after the United Auto Workers balked at demands for dramatic wage cuts.
Read More →New report indicates that failing economy will affect the auto finance market well into 2009.
Read More →AUBURN HILLS, MI - Chrysler Fleet announces big savings with Chrysler / Dodge / Jeep “no-charge” ship-thru charges to upfitters for 2009-model-year qualified fleet orders.
Read More →Chrysler’s 2009-MY Fleet Preview included a ride-and-drive on the back roads of Colorado. The event drew nearly 500 attendees.
Read More →The latest active and passive safety features from manufacturers go beyond seatbelts, airbags, and electronic stability control to such technologies as pre-collision warning systems and dynamic radar cruise control sensors.
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The automaker introduces three advanced electric-drive vehicle prototypes.
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