10 Updates

Chrysler board to create new foundation to honor CEO

Source: Detroit Free Press, Dec 5 2012, 1:33pm CST

ChryslerÂs board of directors has decided to create a new charitable foundation to honor Sergio Marchionne, the companyÂs CEO and chairman. "This foundation will ensure that the values and impact of his leadership will be felt by many others ...

Continue reading on: Detroit Free Press

 
 
Update
10

10 hours ago

Tesla replies to Chrysler: We said first US company

Source: RushLane.com  |   May 25 2013, 1:44am CDT

Tesla Motors has a feather in its cap. They are the sole American auto major to have repaid the Government loan rendered to them by the Department of Energy in 2010. Not only has the company repaid the loan but has completed full and final p ...

Continue reading on: RushLane.com  More like this

 

Latest Car News

 
Update
9

15 hours ago

Transmissions Keep Shifting Up

Source: The Lakeland Ledger  |   May 24 2013, 8:11pm CDT

Automakers are spending billions of dollars to squeeze efficiency from a car part most people never think twice about — the transmission. In the next five years, many new vehicles will have transmissions with up to 10 spe ...

Continue reading on: The Lakeland Ledger  More like this

 
Update
8

16 hours ago

Fiat Chief Pulls Out the Deal Wrench

Source: Wall Street Journal  |   May 24 2013, 7:22pm CDT

By Christina Rogers and Sharon Terlep Sergio Marchionne is trying to pull off the deal of his lifetime, and there are lots of pieces to go around for bankers, lawyers and other cogs in the Wall Street deal machi ...

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Update
7

18 hours ago

Tesla praise ignores subsidies’ poor overall performance

Source: The Daily Caller  |   May 24 2013, 5:33pm CDT

But they might want to muffle their caws. Millions of people and businesses pay back loans early. It cuts their interest costs. And let us not forget another automaker that once made a lot of noise about its early repayment of government mon ...

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Update
6

18 hours ago

Report: Automakers donating money, vehicles and supplies to Oklahoma tornado relief effort

Source: Autoblog  |   May 24 2013, 5:10pm CDT

Ford Motor Company and Its Dealers Pledge $400,000 for Oklahoma Tornado Relief; Ford Transit Connect Donated -Ford Motor Company and its dealers announce $400,000 in donations following the destructive Oklahoma tornadoes -Donations include $250, ...

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Update
5

19 hours ago

Former Chrysler, Fisker CEO launches venture fund with Penske

Source: The Delaware County Times  |   May 24 2013, 4:27pm CDT

Chrysler Group President Tom LaSorda addresses the media at the automaker's headquarters in Auburn Hills, Mich., Wednesday, April 18, 2007. DaimlerChrysler AG's Chrysler Group plans to build two new plants in Michigan and upgrade thr ...

Continue reading on: The Delaware County Times  More like this

 
Update
4

20 hours ago

Wild-Ass Rumor Of The Day: Chrysler Job Ads Point To Next Wrangler Details

Source: The Truth About Cars  |   May 24 2013, 3:53pm CDT

Is the next Jeep Wrangler getting a diesel? What about an air suspension? It’s looking that way, at least according to Automotive News. Larry Vellequette, who covers Chrysler for the publication, looked at a number of job ads a ...

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Update
3

21 hours ago

Can Taxpayers Finally Gain from Auto Bailout? - Analyst Blog

Source: Zacks Investment Research  |   May 24 2013, 2:49pm CDT

When it comes to the auto bailout, should repayment be the only matter of concern or the loss expected to be borne by the taxpayers? Will it finally replicate the success of bank bailout? The government did not bother about the repayment really, as sav ...

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Update
2

22 hours ago

Clues to the next Wrangler: See the want ads

Source: Automotive News  |   May 24 2013, 1:33pm CDT

Chrysler's posted job descriptions appear to show that Jeep has decided to put the next-generation Wrangler on a serious diet -- just as Ram did for the 2013 Ram 1500 pickup. Jeep has begun searching for the extra bodies to mount its next big proj ...

Continue reading on: Automotive News  More like this

 
Update
1

23 hours ago

Italian Government And Labor Questions Why Fiat Is Placing Profits Over Patriotism

Source: Auto Spies  |   May 24 2013, 12:58pm CDT

The Italian government plans to press Fiat CEO Sergio Marchionne over concerns he's shifting the carmaker and heavy truck manufacturer Fiat Industrial away from the country. Read Article Industry Minister Flavio Zanonato told newspaper Il Sol ...

Continue reading on: Auto Spies  More like this

 
 
 
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