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Chrysler, Nissan in Talks
DETROIT -- Chrysler LLC is in talks with Nissan Motor Co. about jointly producing midsize cars, a partnership that would move the U.S. auto maker toward a radical new business model. The two companies agreed earlier this year to team up on pickup tru...
Chrysler unit gets $24B credit line
AUBURN HILLS -- Chrysler LLC said Sunday its financial unit had renewed lines of credit totaling $24 billion that will fund the automaker's dealers and its financial services business. Chrysler Financial initially sought $30 billion but reduced the a...
D Doings Chrysler's Project D replacement plan for Avenger, Sebring may...
Chrysler's Project D, the plan to replace the disappointing Dodge Avenger and Chrysler Sebring by the 2011, or more likely, 2012 model year, is gobbling up huge engineering and design resources. Chrysler is considering three or four distinct ways to...
New car models may launch in 2009, says Chrysler CEO
Chrysler LLC Chairman and CEO Robert Nardelli said the automaker is accelerating its product development cycle to meet the consumers' demands for more fuel efficient vehicles -- possibly including an unexpected model to debut next year. "You ver...
Chrysler financial arm to stop leasing vehicles
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Chrysler LLC said its financing arm would stop offering vehicle leases to U.S. consumers, a sharp break in strategy in response to tighter credit and the plunging resale prices for gas-guzzling trucks. The abrupt announcement on Friday afternoon was...
Obama pledges support to get aid for Detroit 3
Michigan's congressional Democrats are pushing for $4 billion in aid to the U.S. auto industry as part of a second economic stimulus bill, one that Sen. Barack Obama endorsed to UAW workers Friday. While Republican presidential contender Sen. John Mc...
Chrysler to cut 1,000 white-collar jobs
Chrysler LLC will cut 1,000 employees from its worldwide salaried work force by Sept. 30, workers learned today. The Auburn Hills automaker detailed the reduction in a memo sent to employees. In addition to the 1,000, Chrysler will cut its contract w...
2nd UPDATE McCain Would Consider All Options On GM Rescue
Of DOW JONES NEWSWIRES DETROIT -(Dow Jones)- Republican presidential candidate John McCain said Thursday he doesn't believe General Motors Corp. (GM) needs a federal government bailout, but if conditions worsen enough for the auto maker, all options...
Bush No bailouts for automakers
President Bush said he wouldn't back government bailouts for automakers in the wake of a massive restructuring announcement by General Motors Corp. He also rejected efforts to force Americans to do more to conserve gasoline. "I don't think the g...
Chrysler, Chinese automaker Great Wall to study sharing technology, distribution
BEIJING -- Chrysler LLC, looking for foreign partnerships to help drive its business as U.S. sales slump, announced a deal with China's Great Wall Motor Co. on Friday to study sharing technology, components and distribution. Chrysler, the smallest of...
Türkiye'nin İlk İnovasyon Ajansı Kuruldu
Küreselleşen dünya ekonomisi ve teknolojik gelişmeler, şirketler için fırsatları ve tehditleri de beraberinde getiriyor. Şirketlerin günümüzde ve gelecekte değer varlıklarını sürdürebilmelerin yolu, rekabetçi güçlerini artırmaktan geçiyor. Rekabetçi...
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