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Chrysler plans to invest US$179m in the next five years at a Michigan (Dundee) factory to build the Italian company's 4-cylinder, 1.4-litre engines.
Chrysler Group said on Wednesday it would refresh its Dodge car line, adding new fuel-efficient small and mid-sized models, as the aut maker seeks to appeal to a broader range of customers.
Fiat plans for Chrysler will scrap the US automaker's long-held plans for its brands outside North America with the exception of Jeep, people with direct knowledge of the plan have said.
Ford is the only Detroit automaker with world-class reliability, according to Consumer Reports' 2009 annual car reliability survey.
New Chrysler Group products expected to be announced next week will see the eventual launch of Fiat models and the axing of Dodge and Chrysler models, a media report said.
Former White House auto adviser Steven Rattner has said General Motors and Chrysler likely would have been liquidated had their fates been left to Congress.
A couple of fairly absurd analogies have popped into my head. Everyone's at it (one of yesterday's best: 'Chrysler is the canary in the bankruptcy mine') so I may as well join in. But once again, good luck to all involved with Chrysler. US: Chrysler to file for Chapter 11
Could Cerberus be thinking ultimately of packaging the Chrysler electric car know-how (ENVI ) business into something to ring-fence and sell to an OEM, along with other parts of the Chrysler Group of value that the market might go for? Let's leave the cynicism for now. Chrysler raised s...
DaimlerChrysler Financial Services will separate Mercedes-Benz and truck financial operations from Chrysler Financial when Daimler sells its Chrysler Group but employees will remain in Michigan.