Chrysler’s new chief executive, Sergio Marchionne of Italy’s Fiat, says he is not “promising a miracle,” but his ambitious turnaround plan for the automaker is raising eyebrows. Go here to read the rest: CEO lays out ambitious...
Chrysler plans to revamp its struggling Dodge car brand under a new turnaround plan and says the company’s cash has grown by nearly $2 billion. Here is the original post: New Dodge models part of Chrysler’s plans Read More →
The test mule was again spotted, but still nothing is really known about this perticular model driving around near Modena. You will definitely spot the bulge on the hood, but what it exactly holds is unknown. The rumours suggest this model is due for...
There is no reason to doubt the fact that Porsche has been one of the most prominent staples in the automotive world. It was almost an instant classic when the Porsche 356 and 911 were first introduced. From the 911 to the VW Beetle, Ferdinand “Ferry”...
Fiat and Volkswagen appear to be on the verge of entering the FIA World Rally Championship, joining Citroën and Ford. Read the original: Motorsports Notebook: Fiat and Volkswagen poised to enter WRC: Read More →
Italy’s Fiat is the new owner of the bulk of Chrysler’s assets, closing a deal that saves the troubled U.S. automaker from liquidation and places a new company in the hands of Fiat’s CEO. More here: Italy’s Fiat nabs Chrysler’s...
Chrysler may have sealed its alliance with Italy’s Fiat, but the automaker still faces the serious challenges, according to analysts. Excerpt from: Chrysler still faces massive challenge Read More →
Today the Supreme Court cleared the sale of Chrysler LLC to the Italian Fiat S.p.A led group. The sale was closed this morning, as the New York Times reported, confirming a wire transfer from the federal government providing Chrysler with $6.6 in bankruptcy...
Chrysler headed back to bankruptcy court to get a judge to OK the termination of 789 dealers, while Chrysler’s plan to partner with Fiat awaits action by the nation’s highest court. Read more: Judge to rule on Chrysler dealer contracts Read More →
So the Chrysler-Fiat deal is on hold. Maybe it should stay that way. The merger, while it looks good on paper, does not seem designed to serve either party very well. Read the original: Newsweek: Why no one wins in Chrysler-Fiat deal Read More →
Even if Chrysler resolves legal issues to emerge from bankruptcy in coming days, it faces the serious challenge of integrating operations and strategy with Fiat, its new managing owner. Read the original post: Chrysler faces challenge beyond high...
Italian automaker Fiat said Tuesday it will not turn its back on a deal to acquire a controlling stake in Chrysler despite a U.S. Supreme Court stay on the sale. View original post here: Fiat: ‘Won’t walk away from Chrysler’ Read More →
Filed under: Convertibles , Coupes , Sports/GTs , Government/Legal , Supercars , Chrysler, LLC. , Dodge , Earnings/Financials In a letter from California Congressman Darrell Issa to Chrysler’s Bob Nardelli, the Auburn Hills executive is charged...
The decision on whether Chrysler can sell the bulk of its assets to a group led by Italy’s Fiat as part of its plan to emerge from bankruptcy protection heads to an appeals court Friday. Read the original here: Court to hear arguments over Chrysler’s...
A federal bankruptcy judge late Sunday approved the sale of most of Chrysler’s assets to Italy’s Fiat, moving the American automaker a step closer to its goal of a quick exit from court protection. Original post: Judge approves Chrysler-Fiat...
Chrysler LLC could be hours away from a ruling on its plan to sell most of the company to a group led by Italy’s Fiat, a big step toward its goal of a speedy exit from bankruptcy protection. Read the original post: Chrysler awaits ruling as GM bankruptcy...
Chrysler on Thursday launched into its second day of testimony in its bid to convince a bankruptcy judge that a deal with Italian automaker Fiat is the best way to save itself from liquidation. Excerpt from: Chrysler pushes for Fiat deal approval Read More →
The future of Chrysler hung in the balance as it made its case in bankruptcy court to sell the bulk of its assets to a group headed by Italy’s Fiat in hopes of saving itself from liquidation. See original here: Chrysler in court for key bankruptcy...
Chrysler LLC says that former Borden Chemical and Duracell chairman C. Robert Kidder will become chairman of the new Chrysler once it acquires old Chrysler’s assets and joins with Fiat. Read the original: Ex-Duracell chair to lead new Chrysler Read More →
Once-struggling automaker has transformed itself from bit player into global titan in auto industry. Original post: Fiat’s new prospects dazzle Italy Read More →
