U.S. Automakers Closing the Gap with Overseas Competitors - VIDEO STORY
Jun 23, 2009
DETROIT - June 23, 2009: The newly released annual J.D. Power and Associates Automotive Initial Quality Survey shows a closing gap between foreign and domestic cars. Over the last two decades, foreign automakers have developed a reputation for producing better cars than their North American competitors, often outrankin ... Continue reading
Chrysler to Resume Production This Month
Jun 18, 2009
AUBURN HILLS, MI - June 18, 2009: One week after finalizing its global strategic alliance with Fiat Group, Chrysler Group LLC announced yesterday that it will resume volume production of vehicles with the start up of seven of its North American assembly plants the week of June 29, 2009. As part of a phased production r ... Continue reading
Take a Look at the 'New' Chrysler
Jun 12, 2009
Washington DC June 12, 2009; The AIADA newsletter reported that Chrysler took its first steps with Italy's Fiat Wednesday, signing a deal and unveiling the new leadership in charge of bringing the company out of bankruptcy and into the future. CNN Money reports that while Fiat isn't putting any money into Chrysler, wha ... Continue reading
New Chrysler to incorporate China business
Jun 11, 2009
New Chrysler to incorporate China business. A spokeswoman for Chrysler's China unit said its China business is operating normally and will be incorporated into the new Chrysler Group LLC, based on the agreement with Fiat, Shanghai Daily reported today. Chrysler LLC said it was not consider changing its development plan ... Continue reading
Survey Shows Public Wary of Government Running Auto Companies
Jun 11, 2009
More Than Half of Consumers Think Auto Companies' Bailouts were Bad Idea TUSTIN, CA - June 11, 2009: A just-completed national survey shows American consumers are skeptical of the U.S. governmentâs involvement in the auto industry, with 81 percent of respondents agreeing that the faster the government gets out of ... Continue reading
Survey Shows Public Wary Of Government Running Auto Companies
Jun 10, 2009
<b>More Than Half of Consumers Think Auto Companiesâ Bailouts were Bad Idea</b> TUSTIN, June 10, 2009: A just-completed national survey shows American consumers are skeptical of the U.S. governmentâs involvement in the auto industry, with 81 percent of respondents agreeing that the faster the government gets ... Continue reading
Jun 10, 2009
- C. Robert Kidder to be named Chairman of U.S. Automaker - Sergio Marchionne to Serve as Chief Executive Officer AUBURN HILLS, Mich., and TURIN, Italy, June 10 -- Chrysler Group LLC and Fiat Group announced today that they have finalized their previously announced global strategic alliance, forming a "new" Chrysler th ... Continue reading
Bankruptcy Court Approves Chrysler's Rejection of Certain Dealer Contracts
Jun 9, 2009
AUBURN HILLS - MI June 9, 2009: The following statement can be attributed to Jim Press, Vice Chairman & President, Chrysler LLC or the company: âWe are pleased with the Judgeâs decision allowing us to go forward with the realignment of our dealer network. A financially strong, competitive dealership network c ... Continue reading
GSA Orders $210 Million Worth of Fuel Efficient Vehicles
Jun 9, 2009
WASHINGTON, June 9 2009: â The U.S. General Services Administration is one step closer to fulfilling its responsibilities outlined in President Obamaâs economic recovery legislation. On June 1, 2009, the agency ordered 14,105 fuel efficient vehicles for the Federal fleet using $210 million of funds from the A ... Continue reading
Chrysler Dealers Unload Vehicles
Jun 8, 2009
Jersey City New Jersey June 8, 2009; Bree Fowler writing for the AP reported that Peter J. Walsh, the owner of Walsh Dodge in Jersey City, N.J., started out selling used cars in his hometown 28 years ago after the birth of his daughter. He slowly built his business, and felt as if he'd finally made it when he earned hi ... Continue reading
Jun 7, 2009
Investors Ask Supreme Court to Delay Chrysler Sale
Jun 7, 2009
WASHINGTON June 7, 2009; James Vicini writing for Reuters reported that Indiana pension funds asked the U.S. Supreme Court on Sunday to immediately delay the sale of bankrupt automaker Chrysler LLC to a group led by Italian carmaker Fiat SpA while they challenge the deal. The request, which moves the legal battle to th ... Continue reading
Auto Ads Down By $1.1 Billion In First Quarter
Jun 6, 2009
<b>By Claire Atkinson -- Broadcasting & Cable</b> <b>GM consolidation to take auto ad category down by $1.3 billion, but there's good news for stations</b> New York, June 4, 2009: The General Motors focus on four auto brands, rather than eight, will reduce auto advertising by $1.3 billion, says senior analyst Michael N ... Continue reading
Stations Unfazed by Auto Dealer Closings
Jun 3, 2009
<b>By Kim McAvoy - TVNEWSDAY</b> Chatham NJ, June 3 2009: Last January, the Chrysler dealers in San Antonio, Texas, consolidated, merging six dealerships into three â and then promptly upped their TV ad spending. "We've all been hammering the airwaves pretty heavy," says April Ancira of Ancira Chrysler Jeep Dodge ... Continue reading
Chrysler Announces June Consumer Incentives
Jun 3, 2009
-- GMAC Financial Services activates Chrysler, Jeep and Dodge dealers for retail business AUBURN HILLS, Mich., June 3 -- Chrysler LLC today announced enhanced June incentives that will appeal to what consumers want as they shop for new Dodge, Chrysler and Jeep(R) vehicles. "Beginning this month we are pleased to offer ... Continue reading
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