Chrysler

Wave of antitrust probes revive protectionism concerns in China

11:24 am U.S. ET | Aug. 7, 2014
China's recent probes into Microsoft, Audi and Chrysler have rekindled concerns that Beijing may be using an anti-monopoly law to support domestic firms at the expense of foreign companies. The probes come as China's domestic auto brands have lost sales and share this year to global rival brands such as VW, Chevrolet and Audi.... Read More »

 

Norway's wealth fund voted against Fiat-Chrysler merger

Aug. 7, 2014 15:11 CET
Norway's sovereign wealth fund was the single largest shareholder to vote against Fiat's merger with Chrysler. The merger was approved at a shareholder meeting but could still fall apart if enough dissenting investors sell their shares for a cash compensation.... Read More »

 

CHRISTIAAN HETZNER

Audi's war chest could buy Fiat Chrysler

12:01 am U.S. ET | Aug. 7, 2014
If there is one thing that Audi's first-half results prove, it's that VW Group's premium brand earns so much cash it could easily swallow Fiat-Chrysler whole... Read More »

 

LARRY P. VELLEQUETTE

Will Marchionne's profits grab come up empty?

5:16 pm U.S. ET | Aug. 6, 2014
Chrysler Group CEO Sergio Marchionne today seemed like a grizzly bear standing amid a stream of happily swimming salmon.... Read More »

 

2014 MANAGEMENT BRIEFING SEMINARS

Marchionne vows to claw back share of supplier profits

3:25 pm U.S. ET | Aug. 6, 2014
Chrysler Group CEO Sergio Marchionne today fired a shot at his supply base, saying that suppliers' double-digit profit margins were making his blood pressure go up.... Read More »

 

Toyota gives $1 million to help shield Detroit museum's art from bankruptcy sale, aid pensioners

2:34 pm U.S. ET | Aug. 6, 2014
Toyota's North American arm pledged $1 million toward the Detroit Institute of Arts' goal to raise $100 million and help prevent the sale of the museum's collections during Detroit's bankruptcy case and assist city pensioners.... Read More »

 

2014 MANAGEMENT BRIEFING SEMINARS

Pickup trucks rising, thanks to oil boom

8:34 am U.S. ET | Aug. 6, 2014
Full-sized pickup sales are rebounding to big volumes -- even without the complete return of new-home construction. Through seven months, sales of full-sized pickups in the United States rose 4 percent in an overall market that increased 5 percent.... Read More »

 

Chrysler's Q2 profits rise 22% to $619 million on Jeep, pickup gains

10:30 am U.S. ET | Aug. 6, 2014
Chrysler reported net income of $619 million in the second quarter on record Jeep sales and strong pickup deliveries. The second-quarter profit was 22 percent higher than the $507 million in net income posted during the same quarter of 2013. Revenue increased 14 percent to $20.5 billion.... Read More »

 

Q&A

Ram exec says first company with a 30 mpg pickup 'wins'

11:00 am U.S. ET | Aug. 6, 2014
Ram launched the 1500 EcoDiesel, the first light-duty diesel pickup in the United States in more than a decade, early this year. Sales are strong, and Ram is working to increase the supply of the 3.0-liter Italian-made turbodiesel.... Read More »

 

China says it will punish Audi, Chrysler for monopoly behavior

Aug. 6, 2014 09:15 CET
China said it will punish Audi, Chrysler and 10 Japanese spare-parts makers for anti-trust violations. The Chinese government is scrutinizing pricing practices as the country becomes an increasingly important profit source for foreign automakers.... Read More »

 

Fiat says reports over shareholders selling out are 'groundless'

Aug. 5, 2014 15:35 CET
Fiat said reports that a significant number of its shareholders have exercised their exit rights over the company's merger with Chrysler were unfounded. A shareholders exit could potentially jeopardize the merger.... Read More »

 

Chrysler cuts Jeep Grand Cherokee prices in China

3:08 pm U.S. ET | Aug. 5, 2014
Chrysler Group is cutting prices in China on the flagship Jeep Grand Cherokee SRT8 by 65,000 yuan ($10,500) and on the Grand Cherokee 5.7-liter Summit by 45,000 yuan ($7,300) following a report it has been the subject of an anti-monopoly probe by Chinese regulators.... Read More »

 

Fiat shares fall amid reports of Chinese probe, speculation on investors bailing

9:15 am U.S. ET | Aug. 5, 2014
LONDON/MILAN (Reuters) -- Shares in Fiat fell more than 4 percent today, with three traders citing a Chinese press report about a competition probe targeting the Chinese operations of Chrysler, the U.S. carmaker owned by Fiat.
... Read More »

 

PAYLOAD 'GAMESMANSHIP'

Ford, GM play with numbers for bragging rights

12:01 am U.S. ET | Aug. 4, 2014
Ford and GM delete the weight of some heavy parts, such as spare tires and rear bumpers, in calculating the maximum payload of some profitable pickups. The practice is raising questions of confidence.... Read More »

 

Supplier relationships cost top 6 automakers in U.S. $1.4B in profit, study says

7:06 am U.S. ET | Aug. 4, 2014
The six largest automakers in the United States could have earned $1.4 billion more last year if they had improved their relationships with suppliers, a study says.... Read More »

 

4 of 5 biggest players post gains in July

12:01 am U.S. ET | Aug. 4, 2014
Four of the five biggest automakers posted U.S. sales increases in July, matching or beating the industry's 9 percent gain.... Read More »

 

Merger ends 'precarious life of Fiat'

12:01 am U.S. ET | Aug. 4, 2014
Fiat and Chrysler have officially entered a new era, with a new name, new corporate headquarters and, perhaps, a future free of the brushes with bankruptcy that have been part of both companies' recent history.... Read More »

 

Q&A

Hemi Hellcat engine aims to make potential buyers 'giddy'

12:01 am U.S. ET | Aug. 4, 2014
Dodge made history when it announced last month that the Challenger SRT's supercharged 6.2-liter Hemi V-8 engine cranks out 707 hp. It is the highest horsepower engine ever for an American production car. Gregg Black, 52, chief engineer for the Hemi Hellcat engine, spoke recently with Staff Reporter Richard Truett.... Read More »

 

Chrysler exec: Recalls strengthen industry ties

12:01 am U.S. ET | Aug. 4, 2014
This year's long list of automotive recalls is strengthening the bond between suppliers and automakers, Chrysler Group's head of quality says. Doug Betts, who since 2007 has overseen Chrysler's effort to improve its quality, says heightened scrutiny from regulators has suppliers clinging closely to their customers.... Read More »

 

Mopar, 3M team up for Jeep map decals

12:01 am U.S. ET | Aug. 4, 2014
It usually takes years to develop an automotive product and get it to market. But, occasionally, a good idea, a few months, a good supplier relationship and a phone call from the back of a minivan are all it takes.... Read More »

 

JULY U.S. AUTO SALES

Sales climb 9 percent to 1.4M vehicles as SAAR hits 16.5M

5:45 am U.S. ET | Aug. 1, 2014
U.S. auto sales, led by Chrysler's 20 percent advance and solid gains of 10 percent or more at Toyota, Nissan, and Ford, rose 9 percent in July to 1.435 million. The results were just below forecasts for a 10 percent increase but signal consumers remain in a buying mood. The seasonally adjusted, annualized sales rate hit 16.5 million in July. Toyota outsold Ford by 4,335 units.... Read More »

 

Canada deliveries hit July record; Detroit 3 gain with trucks

2:16 pm U.S. ET | Aug. 1, 2014
Auto sales in Canada in July rose to a record high for the month, up 11.3 percent from a year earlier, an industry analyst said today, with strong truck sales pushing both Chrysler and Ford to record performances.... Read More »

 

Chrysler Group posts best July since 2005 on 20% gain

11:56 am U.S. ET | Aug. 1, 2014
Strong sales of SUVs, pickups and minivans pushed Chrysler Group's volume up 20 percent last month to its highest July U.S. sales in nine years.... Read More »

 

American Axle Q2 earnings rise on stronger non-GM business

3:56 pm U.S. ET | Aug. 1, 2014
American Axle & Manufacturing Holdings today reported improved second-quarter earnings, led by a strong increase in non-General Motors business.... Read More »

 

Fiat shareholders approve Chrysler merger

Aug. 1, 2014 08:08 CET
Fiat shareholders approved the automaker's merger with Chrysler in a move that seals the end of Fiat as an Italian company. The new company arising from the merger, Fiat Chrysler Automobiles will be incorporated under Dutch law, based in the UK and listed on the New York Stock Exchange.... Read More »

 

Latest digital edition
Digital Edition Archive
Table of Contents
 Automotive News
News by Brand


Rocket Fuel