Just three months out of bankruptcy, Chrysler Group is preparing for a likely return to consumer leasing, say auto dealer sources briefed on the plan by the company. 12:01 am U.S. ET | Sept. 11
A $1.6 billion plunge in automotive advertising helped fuel a 15.4 percent drop in total U.S. ad spending during the first half of the year compared with the first half of 2008, according to new ad industry figures. 3:02 pm U.S. ET | Sept. 9
The National Automobile Dealers Association and a committee of terminated Chrysler and GM dealers have reached a compromise on recommended procedures for reinstating dealers. 1:59 pm U.S. ET | Sept. 8 | UPDATED: 9/9/09 10:00 a.m. ET
Chrysler looks beyond BBDO for advertising
Nine years after consolidating its global advertising account at Omnicom Group's BBDO, Chrysler is reaching out beyond its agency of record for creative ideas related to its fourth-quarter ad campaign, according to executives familiar with the... 12:01 am U.S. ET | Aug. 31
GMAC's auto unit posts Q2 pretax profit of $346 million
An improved used-vehicle market helped GMAC Financial Services' automotive finance business achieve pretax income of $346 million in the second quarter, compared with a pretax loss of $709 million in last year's second quarter. 10:38 am U.S. ET | Aug. 4
Chrysler trims back incentives on 5 models
Chrysler Group said today it trimmed incentives on five models because dealers were running short of vehicles in the wake of the cash-for-clunkers frenzy. 5:16 pm U.S. ET | Aug. 3
Obama defends bailouts, says he expects GM, Chrysler to repay
President Barack Obama said General Motors Co. and Chrysler Group were companies worth saving, but he expects both to repay their government loans. 12:01 am U.S. ET | July 30
Chrysler offers to double cash-for-guzzlers incentive
Chrysler Group, battling a 46 percent plunge in U.S. sales, is offering consumers as much as $4,500 on most of its 2009 models, doubling the cash-for-guzzlers incentive from by the federal government. 9:14 am U.S. ET | July 22 | UPDATED: 7/22/09 3:50 p.m. ET
Key lawmaker urges NADA to join dealer termination talks
The lawmaker who sponsored a bill to reverse dealer terminations by General Motors Co. and Chrysler Group is urging the National Automobile Dealers Association to join settlement talks aimed at seeking an alternative to legislation. 3:53 pm U.S. ET | July 21
Chrysler changes course, drops plan to sell Viper
Chrysler Group will continue making and selling Dodge Vipers after all. The company, under new ownership, today removed the for-sale sign from its Viper business and will continue making the sports car through 2010 and beyond 5:56 pm U.S. ET | July 10
Chrysler residuals rise after quick bankruptcy exit
The Automotive Lease Guide bumped up residual values for all three Chrysler brands in July, primarily because of the automaker's rapid exit from bankruptcy. 10:16 am U.S. ET | July 9
House bill to save terminated dealerships passes committee
Terminated dealerships would be restored to their status before General Motors and Chrysler LLC filed for bankruptcy this spring, under legislation that passed a House committee last night. But the measure could face procedural hurdles. 2:44 pm U.S. ET | July 8
Manzo leaves Chrysler Financial for GMAC
Mark Manzo has resigned as Chrysler Financial's vice president of sales and marketing, Chrysler Financial spokeswoman Amber Gowen confirmed today. 11:57 am U.S. ET | July 7 | UPDATED: 7/709 3:29 p.m. ET
Chrysler fills 32 posts in sales, dealer organization
Chrysler Group has named 32 executives to steer sales, marketing and dealer relations for its three auto brands and parts unit. 3:20 pm U.S. ET | July 7
Chrysler product exec gets new posts, then quits
No sooner had he been tapped for two jobs at the new Chrysler Group, one of the automaker's top product development executives has left the company. 1:24 pm U.S. ET | July 6
Out of Chapter 11 and into the fire for Chrysler
Just because Chrysler has marched out of Chapter 11, doesn't mean the restructured automaker can keep from slipping back into the Big Muddy. Three revelations last week hammered home just how challenging the next several months will be for Chrysler. 12:01 am U.S. ET | June 22
Chrysler shakes up engineering staff under Fiat
Under new leadership from Fiat, Chrysler Group LLC has named seven executives to key positions in a shakeup of the engineering department. 2:54 pm U.S. ET | June 19
Chrysler to restart production at 7 factories
Chrysler Group LLC said today it will restart seven of its North American plants the week of June 29. The plants have been closed since Chrysler filed for bankruptcy on April 30. 2:15 pm U.S. ET | June 17
Bosch hopes for boost from Fiat-Chrysler deal
The Fiat-Chrysler deal and new fuel economy rules could boost sales for the world's largest auto supplier, the company's chairman said today. 11:45 am U.S. ET | June 17
Italian suppliers may follow Fiat to Detroit
Italian automotive suppliers to Fiat S.p.A. could look to set up shop in the Detroit area following the formation of Chrysler Group LLC, the Chrysler-Fiat alliance spawned from Chrysler's bankruptcy. 11:49 am U.S. ET | June 15
U.S. loans to GM, Chrysler saved supply base, Ford says
The U.S. auto supply base was saved from collapse by the government's rescue of Chrysler and General Motors but remains fragile, Ford Motor Co.'s William Clay Ford Jr. said. 10:36 am U.S. ET | June 15
Suppliers' credit woes may worsen because of U.S. stakes
The U.S. government's new equity stakes in General Motors and Chrysler may make it harder for suppliers to raise capital, an investment banker said. Tight credit could cause the U.S. 3:06 pm U.S. ET | June 12
Iacocca welcomes Marchionne to 'new family'
“Welcome to your new family, Mr. Marchionne.” Beginning with those words, former Chrysler CEO Lee Iacocca and the rest of the National Chrysler Retirement Organization greeted Sergio Marchionne, CEO of Italy's Fiat S.p.A., today in a letter. 10:41 am U.S. ET | June 12
CarsDirect offers free used-car listings to rejected dealers
CarsDirect is offering free used-vehicle inventory listings on its online network to dealers who received franchise termination letters from bankrupt Chrysler LLC and General Motors. 10:02 am U.S. ET | June 12
Auto supply chains are wary during bankruptcies
Transplant automakers remain vulnerable to supply chain interruptions caused by the General Motors and Chrysler LLC bankruptcies, and are keeping in close communications with their suppliers. 12:01 am U.S. ET | June 12
Fiat's Marchionne names Jim Press deputy CEO of new Chrysler
Sergio Marchionne, the Fiat CEO who heads the reborn Chrysler Group LLC, appointed a new management team that retains former President Jim Press and created a brand organization that mimics Fiat's. 11:02 am U.S. ET | June 10 | UPDATED: 6/10/09 3:50 p.m. ET
New CEO Sergio Marchionne's letter to employees
Today marks a new beginning for Chrysler and the North American automotive industry, as Chrysler Group LLC, a new company formed in alliance with Fiat Group, has completed its acquisition of substantially all of Chrysler LLC's assets and will begin... 10:50 am U.S. ET | June 10
Outgoing CEO Bob Nardelli's farewell letter to employees
I am pleased to report that we have closed the alliance agreement between Chrysler Group LLC and Fiat S.p.A. and have emerged from bankruptcy in record time. 10:42 am U.S. ET | June 10
Marchionne undermines Chrysler liquidation threat, deal's foes say
Fiat CEO Sergio Marchionne's comments that he wouldn't abandon an alliance with Chrysler undermine arguments that postponing the bankruptcy sale could lead to Chrysler's liquidation, three Indiana pension funds told the Supreme Court. 5:33 am U.S. ET | June 9 | UPDATED: 6/9/09 5:03 p.m. ET
Business booms at doomed Chrysler stores one last time
Stanley Balzekas Jr. had 100 new Chrysler and Jeep vehicles when Chrysler LLC informed him that his 83-year-old store in southwest Chicago would no longer be a Chrysler franchise. 12:05 pm U.S. ET | June 9 | UPDATED: 6/9/09 4:15 p.m. ET
Chrysler says it needs flexible buys for $67 million ad budget
Chrysler isn't planning to participate in upcoming television ad buying process -- and it may continue life without the brand that carries its name. 10:12 am U.S. ET | June 8
Opponents of Chrysler sale take case to Supreme Court
Indiana pension funds asked the U.S. Supreme Court today to immediately delay the sale of bankrupt Chrysler LLC to a group led by Italy's Fiat S.p.A. while they challenge the deal. 12:50 am U.S. ET | June 7
Chrysler sale to Fiat upheld; appeal to Supreme Court likely
The sale of bankrupt Chrysler LLC to a group led by Italy's Fiat S.p.A.. was upheld by a U.S. appeals court Friday, but the deal is expected to be appealed to the Supreme Court by a group of investors. 12:07 am U.S. ET | June 5 | UPDATED: 6/5/09 8:25 p.m. ET
Chrysler will redistribute all rejected dealers' inventory, Landry says
Chrysler LLC will tell its dealers today that it will guarantee to redistribute all new vehicles in its rejected dealers' inventory, said Steven Landry, executive vice president of North American sales and service. 5:25 pm U.S. ET | June 5
Corker pushes amendment to give dealers more time to shut down
U.S. Sen. Bob Corker, who helped block Congress' efforts to bail out Detroit automakers in December, has introduced legislation that would ensure terminated dealers more time to cease operations and reimbursement for inventory. 12:04 pm U.S. ET | June 5
New Chrysler, Fiat agree to honor lemon law claims
All U.S. customers of the new Chrysler to emerge from bankruptcy will be covered by “lemon law” rights under an agreement reached by the company and Fiat S.p.A. with states led by Iowa. 12:01 am U.S. ET | June 5
Fiat said to expand team creating first car for Chrysler
A growing team of Fiat S.p.A. executives and engineers has been working at Chrysler's headquarters this week, finalizing plans to cut costs and ready the Fiat 500 small car for the U.S. market, people with knowledge of the work said. 4:15 pm U.S. ET | June 4
American Axle sees sales hit from GM, Chrysler
American Axle & Manufacturing Holdings Inc. expects sales for the second and third quarters to be reduced by about $300 million due to extended production shutdowns by bankrupt automakers General Motors and Chrysler LLC, the company said today. 12:20 pm U.S. ET | June 4 | UPDATED: 6/4/09 4:29 p.m. ET
GM's Henderson, under pressure, will provide list of closed stores
General Motors CEO Fritz Henderson reluctantly agreed Wednesday to comply with a senator's request to turn over the bankrupt automaker's list of dealerships to be eliminated. 12:01 am U.S. ET | June 4 | UPDATED: 6/3/09 10:40 a.m. ET
Chrysler plans to reopen most plants by end of June
Chrysler is planning to reopen most of its factories by the end of June. 5:38 pm U.S. ET | June 2
Ford raises concerns over government ownership, competition
With both General Motors and Chrysler LLC in bankruptcy, Ford Motor Co. is calling for the U.S. government to maintain a level playing field for all auto manufacturers. 12:01 am U.S. ET | June 2 | UPDATED: 6/2/09 5:09 p.m. ET
Minority dealers object to Chrysler's dealership termination list
A group of Chrysler minority dealers have filed an objection in U.S. Bankruptcy Court to block Chrysler LLC's plans to cancel their franchise agreements. 4:34 pm U.S. ET | June 1
Chrysler may exit bankruptcy by Thursday
Chrysler LLC, with a boost from President Obama, may emerge from bankruptcy as soon as Thursday. Shawn Morgan, a Chrysler spokesperson, said the automaker is asking U.S. 2:12 pm U.S. ET | June 1 | UPDATED: 6/1/09 4:28 p.m. ET
Obama says Chrysler to emerge stronger from bankruptcy
President Barack Obama said today that a court's approval of the sale of Chrysler's assets to a group led by Italy's Fiat S.p.A. will allow the automaker to emerge stronger from bankruptcy. 9:07 am U.S. ET | June 1 | UPDATED: 6/1/09 10:09 a.m. ET
Chrysler's targeted Twinsburg plant draws inquiries
Chrysler LLC's Twinsburg, Ohio, stamping plant, which is slated for closure, has drawn inquiries from two potential buyers, according bankruptcy court statements. 12:01 am U.S. ET | May 29
Two sides face off in Chrysler courtroom drama
The horror! cried Kurtz. We're playing the game fairly, said Ball. If the U.S. Bankruptcy Court allows the sale of a “new Chrysler” to Italy's Fiat S.p.A. 12:28 pm U.S. ET | May 28
Chrysler's Viper operations attract limited interest
Chrysler LLC's Viper sports car business has drawn only limited interest from buyers, according to court statements filed in connection with the automaker's bankruptcy hearing. 1:26 pm U.S. ET | May 28 | UPDATED: 5/28/09 5:02 p.m. ET
Chrysler's breakup value deteriorates, adviser says
Chrysler's financial adviser now says a breakup and sale of the company would bring far less cash than he had projected four months ago. 4:14 pm U.S. ET | May 28
'Disorderly' bankruptcies could cost 1.3 million jobs, study says
A new study suggests that more than 1.3 million U.S. jobs -- and up to $68.7 billion in personal incomes -- could be lost in the first year if Chrysler LLC and General Motors endure “lengthy and disorderly” bankruptcies. 11:17 am U.S. ET | May 27
Chrysler court decision may hasten bankruptcy exit
A federal judge denied today a request by a dissenting lender group to delay bankrupt automaker Chrysler LLC's sale hearing and remove the bankruptcy case to district court. 12:01 am U.S. ET | May 26 | UPDATED: 5/26/09 5:29 p.m.ET
Chrysler may be revived by bankruptcy after all
Even Chrysler's own executives thought bankruptcy for the automaker would mean liquidation. Instead, emergency surgery appears to have saved the patient, and sooner than many critics ever imagined. 12:01 am U.S. ET | May 24
Fiat airs concern about eroding value of Chrysler
Fiat S.p.A. said in court papers on Friday that it is "already concerned" about the "deteriorating value" of the assets of alliance partner Chrysler LLC and that a U.S. district court should not obstruct its sale process. 12:00 am U.S. ET | May 22
Fiat picks 3 Chrysler board members, sources say
Fiat has selected the three members it will appoint to the board of the newly-formed Chrysler-Fiat entity once it emerges from bankruptcy, including Fiat Group CEO Sergio Marchionne and Fiat Powertrain Technologies CEO Alfredo Altavilla, according... 6:45 am U.S. ET | May 21
Chrysler's doomed dealers scramble to clear out inventory
Chrysler dealers scheduled to shut down on June 9 say they are using all available options to get rid of new vehicles -- while they're still allowed to sell the cars to customers. 12:01 am U.S. ET | May 21 | UPDATED: 5/21/09 1:50 p.m. ET
Chrysler says Robert Kidder will replace Nardelli as chairman
Robert Kidder, a private-equity investor and former consultant who once worked for Ford Motor Co., will become the chairman of Chrysler Group once the automaker emerges from bankruptcy and completes an alliance with Italy's Fiat S.p.A. 3:54 pm U.S. ET | May 20 | UPDATED: 5/20/09 6:30 p.m. ET
Chrysler dealers, suppliers at risk of lawsuits, lawyers say
Personal-injury and other lawyers are warning that if they can't sue Chrysler LLC in the future, they'll go after the bankrupt automaker's dealers and suppliers. 1:16 pm U.S. ET | May 20
Chrysler Financial restarts discounted loan rates for Chrysler autos
Chrysler Financial is resuming discounted loan rates for Chrysler LLC vehicles, beginning with a 0 percent offer for some 2008 models. 1:53 pm U.S. ET | May 20
Dealers fighting termination make case with personal tales
Dealers who object to Chrysler LLC's termination of their franchises are using personal stories to buttress their case. The Committee of Chrysler Affected Dealers filed a motion yesterday objecting to Chrysler's proposed asset sale and asking the U. 11:39 am U.S. ET | May 20
Terminated Chrysler dealers prepare court challenge
Some auto dealerships that Chrysler LLC plans to close are beginning a challenge to the automaker's plans to quickly sell itself in bankruptcy. 12:27 am U.S. ET | May 20
Big networks avoid big worries over Chrysler bills
Many media outlets and their sales representatives are worried they'll be stuck holding the bag for outstanding bills with bankrupt Chrysler LLC. Not so for the big guys. NBC, Fox and ABC are getting paid for national ad time on their TV networks. 12:52 pm U.S. ET | May 18
Targeted Chrysler dealers plan appeal to task force
Dealers who would lose franchises under Chrysler LLC's plan to eliminate 25 percent of its U.S. retail network will ask the Obama auto task force to intervene on their behalf. 12:01 am U.S. ET | May 18 | UPDATED: 5/18/09 3:20 p.m. ET
Pennsylvania tops list of Chrysler closings
Pennyslvania has 53 Chrysler LLC dealerships slated for closing on June 9, more than any other state.Here's a state-by-state count from the National Automobile Dealers Association: 10:12 am U.S. ET | May 16
Chrysler rejects fewer minority dealerships than expected
Just over 20 percent of the Chrysler LLC dealerships operated by minority owners have been earmarked for closure. 2:53 pm U.S. ET | May 15 | UPDATED: 5/15/09 5:36 p.m. ET
Asset management company buffeted by Chrysler storm
Chrysler LLC's bankruptcy is hitting Reams Asset Management. In fact, 37 of the 40 pension fund and foundation clients that were listed in the automaker's bankruptcy filing as holders of senior Chrysler debt were clients of the Columbus, Ind. 5:29 pm U.S. ET | May 15
Chrysler to shift 92% of supplier contracts to reborn company
Chrysler LLC plans to transfer at least 92 percent of its supplier contracts to the new company to emerge from bankruptcy in an alliance with Fiat S.p.A. and pay them a total of more than $875 million, according to documents released today. 12:10 pm U.S. ET | May 15 | UPDATED: 5/15/09 4:05 p.m. ET
FAQ on Chrysler's dealership action
What's next in Bankruptcy Court? What legal actions did Chrysler take on Thursday, May 14? Is Chrysler hearing appeals from dealers who want their stores to be removed from the rejected list? Can the bankruptcy judge spare some dealerships on the... 12:13 pm U.S. ET | May 15
Chrysler store closings will leave 80% of dealers selling 3 brands
Chrysler's plan to eliminate a quarter of its U.S. dealerships by June 9 means the vast majority of the surviving stores will sell the Jeep, Dodge and Chrysler brands under the same roof.
UPDATED: 5/14/09 5:20 p.m. ET
Treasury says it didn't influence how Chrysler cut dealers
Chrysler LLC's planned dealer cuts “are necessary for this company and the industry to succeed,” the U.S. Treasury Department said today. 2:30 pm U.S. ET | May 14 | UPDATED: 5/14/09 4:41 p.m. ET
Fiat to retain benefits for Chrysler's retirees
Chrysler LLC plans to transfer health benefits for its 19,000 non-union retirees and their spouses to a new company led by Fiat S.p.A., a lawyer for the retirees said today. The benefits have cost the company $7. 1:16 pm U.S. ET | May 14 | UPDATED: 5/14/09 4:41 p.m. ET
Kentucky Chrysler dealer fears impact on surviving store
If all goes according to Chrysler's plan, Ray Cottrell will lose his Chrysler-Jeep-Dodge franchise in June. 4:33 pm U.S. ET | May 14
Chrysler-Fiat alliance gets U.S. antitrust OK
Chrysler LLC's planned alliance with Italy's Fiat S.p.A. poses no competitive issues, the U.S. Federal Trade Commission said today. 2:38 pm U.S. ET | May 14
Lear posts $265 million loss, dragged down by GM
Lear Corp. posted a $264.8 million net loss for the first quarter as the seating and electronics supplier was battered by plant closings at Chrysler LLC and General Motors and braces for more. Net sales dropped 44 percent to $2.17 billion. 7:51 am U.S. ET | May 14 | UPDATED: 5/14/09 11:04 a.m. ET



