Tag Archives: chrysler

J.D. Power – Most Owners Love Their Three-Year-Old Wheels

“Vehicle dependability continues to improve, but I wouldn’t say that everything is rosy,” noted Dave Sargent, Vice President of Global Automotive at J.D. Power. “Vehicles are more reliable than ever, but automakers are wrestling with problems such as voice recognition, transmission shifts and battery failures. Continue reading

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Gravely Ill Sergio Marchionne out at Fiat Chrysler Automobiles. Trucker Mike Manley now CEO

“In the meantime, to provide for his full authority and operational continuity for the company, the Board has with immediate effect granted Mr. Manley all the powers of CEO. He will also assume responsibility for the NAFTA region. Continue reading

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FCA US April Sales Sees Trucks and Namesake Brands Decline

The brands* the company is named after Fiat and Chrysler both posted huge declines. Sales of Fiat vehicles declined 45 percent to 1,404 vehicles. Chrysler brand total sales fell 18 percent in April to 14,189 vehicles compared with the same month a year ago. The Chrysler Pacifica minivan posted a 5 percent retail sales increase to 7,864 vehicles. Continue reading

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More Safety Recalls from BMW, Chrysler, Subaru, Toyota

BMW, Chrysler, Subaru and Toyota have issued safety recalls on more than 300,000 vehicles for fuel leaks, sudden stalling, fires, bad airbags, and defective parking brakes, according to documents made public by NHTSA. Continue reading

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Chrysler, Ford, GM Post Double Digit August Sales Gains

Chrysler, Ford and GM all recorded double digit gains in U.S. August sales as the market went back to the pre-Great Recession levels of 2007. Robust pickup truck sales, a relatively trouble free changeover to the production of 2014 models, cheap credit and strong retail demand, all were factors in an overall industry that is now running at more than 16 million units annually. Continue reading

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Chrysler Group to Invest $52 Million in Michigan Engine Plants

Chrysler Group today announced that it would invest $52 million in its engine plants in Trenton and Dundee, Michigan, to increase capacity of the four-cylinder Tigershark engine, creating 298 new positions at the Trenton plant. Continue reading

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Chrysler Group January Sales Up 16% in U.S.

Chrysler Group today reported U.S. sales of 117,731 units, a 16% increase compared with January 2012 of 101,149 units. Once again, Chrysler outpaced overall U.S. auto market growth of 14% during a month that was running – surprisingly – at the same sales rates as November and December of last year. Continue reading

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Chrysler Group U.S. November Sales up 14%

Chrysler Group today reported U.S. sales of 122,565 units, a 14% increase compared with sales in November 2011 (107,172 units), and the group’s best November sales since 2007 before the Great Recession put it into bankruptcy. Continue reading

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Chrysler Moves Forward on Eliminating Printed Owner Manuals

Chrysler Group, the first automaker to eliminate the conventional owner manuals from its vehicles and offer industry-first vehicle-information apps in a cost cutting move, will now apparently be the first in the auto industry to offer vehicle-information kits in Spanish for the U.S. market. Continue reading

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EU Cars Sales Drop 9% in August as Eurozone Crisis Continues

The crisis in the Eurozone continued unabated as new car sales dropped 9% in August year-over-year after declining by 7.8% in July. As a result, in the 27 countries that comprise the EU, sales dropped to 688,000 vehicles. Year-to-date sales are down to 8.3 million units, the lowest in decades and the fifth straight year of sales declines. Continue reading

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CAW Working as 24-hour Contract Talks Shift to Chrysler, GM

Thus far, what is known of the Ford contract represents mixed results for the union, which was fighting a defensive action since talks opened in August. In spite of a push to reduce wage costs by all the automakers, the union retained its base pay and got cost of living bonuses. However, the controversial two-tier wage system that union members decry as divisive remains in place for ten years. Sharply lower wages for new hires at 60% of full pay would only allow them to reach parity after they are on the job for ten years. This could pose ratification problems. A similar deal remains controversial at the UAW in the U.S. among its members, which was successful last year in getting a two-tier contract renewed in spite of member opposition. Continue reading

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June Auto Sales Soar with Mixed Results for Detroit Three

Sales of new cars and light trucks in June increased 22% from the same period a year ago, as the auto industry delivered almost 1.3 million vehicles for the month. On a seasonally adjusted annual basis or SAAR, this meant that the industry-selling rate continues to be more than 14 million units for five of the six months of 2012, resulting in sales of more than 7.2 million vehicles year-to-date. The slowly recovering auto market presented mixed but arguably positive results for the Detroit Three. Continue reading

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New EPA Grants Go to Clean Up Contaminated Industrial Sites

Since its inception, EPA’s brownfield investments have used more than $18.3 billion in cleanup and redevelopment funding from public and private sources. During an election year, the ‘no jobs’ Obama Administration claims this has resulted in approximately 75,500 jobs. More than 18,000 properties have been assessed, and more than 700 properties have been cleaned up. Continue reading

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Chrysler Execs to Move into Detroit for the First Time

Chrysler is leasing nearly 33,000 square feet of space and, after the space is refurbished, about 70 people will move in. It’s largely a symbolic gesture now, but it’s important for the city of Detroit and the comeback car company that many had left for dead. Continue reading

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Chrysler Group Q1 Profit $740 million on 33% Sales Increase

“I have really no bad news to tell you,” said Sergio Marchionne, Chairman and Chief Executive Officer of Chrysler Group. “We continue to focus on new product launches, and 2012 is the weakest year for new products. The big one is 2013.” Continue reading

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