News By Topic: Dodge

Fiat Looking to Pickup GM Europe Units to Create New Super-Fiat Company

May 3, 2009

ROME - May 3, 2009: AP is reporting that Fiat is in talks with General Motors Europe to acquire most, if not all of GM's European brands. According to the AP story, "Fiat said in a statement Sunday it's evaluating the possible spinoff of its auto business to form the core of the new company." The current Fiat Automobil ... Continue reading

Chrysler Expected to Sell Assets to Fiat

May 2, 2009

Chrysler expected to sell assets to Fiat Group SpA, close 5 more plants by end of 2010 NEW YORK May 2, 2009Bree Fowler and Vinnee Tong writing for the AP reported that Chrysler LLC is expected to file a motion Saturday to sell substantially all of its assets to Italian automaker Fiat Group SpA, but the ailing automaker ... Continue reading

GM and Chrysler: A Fellow TACH'er Comments

May 1, 2009

Further to your comments on the US government position as regards GM and Chrysler, I wish to make a few points: Each company has had more than 30 years to respond to the entry of imports and transplants into the North American market. It was clear over 30 years ago that "catch up" was not an option. What was required w ... Continue reading

Chrysler CEO to Leave After Bankruptcy

Apr 30, 2009

DETROIT Apr 30, 2009; The AP reported that Chrysler CEO Robert Nardelli says he will step down after the company emerges from bankruptcy protection. President Barack Obama announced Thursday that the automaker would file for Chapter 11 after the government could not reach a debt-reduction agreement with creditors. Nard ... Continue reading

Details of Chrysler Bankruptcy, Restructuring Plan

Apr 30, 2009

Washington DC April 30, 2009; Reuters reported that the Obama administration summarized its plan for Chrysler's Chapter 11 bankruptcy and Chrysler's alliance with Fiat SpA (FIA.MI) as follows: BANKRUPTCY * Chrysler will use Section 363 of the federal bankruptcy code to "clear away the remaining impediments" to its rest ... Continue reading

Chrysler LLC and Fiat Group Announce Global Strategic Alliance to Form a Vibrant New Company

Apr 30, 2009

Auburn Hills, Mich., Apr 30, 2009; Chrysler LLC today announced that, as a result of the comprehensive restructuring plan agreed to by many of its stakeholders, it has reached an agreement in principle to establish a global strategic alliance with Fiat SpA to form a vibrant new company. It will allow Chrysler and Fiat ... Continue reading

The New Chrysler Factoids

Apr 30, 2009

Auburn Hills MI April 30; David Bailey writing for Reuters compiled these facts about Chrysler Chrysler, the No. 3 U.S. based automaker, filed for Chapter 11 bankruptcy protection in New York on Thursday to complete a debt restructuring and help it cement an alliance with Italy's Fiat SpA (FIA.MI). Chrysler, about 80 p ... Continue reading

Statement From Non-Tarp Lenders To Chrysler

Apr 30, 2009

NEW YORK April 30, 2009; As of last night’s deadline, we were part of a group of approximately 20 relatively small organizations; we represent many of the country’s teachers unions, major pension and retirement plans and school endowments who have invested through us in senior secured loans to Chrysler. Combi ... Continue reading

Late Night Meeting Glitch with Lenders May Send Chrysler into Bankruptcy

Apr 30, 2009

AUBURN HILLS, MI - April 30, 2009: According to a story filed by two AP writers in the wee hours Thursday morning, a meeting on Wednesday between Chrysler and its hedge-fund lenders came to a disastrous end when the lenders insisted on a “better deal.” The AP story states that, “To entice the hedge funds ... Continue reading

Chrysler Statement in Response to UAW Ratification of Contract

Apr 30, 2009

AUBURN HILL, MI - April 29, 2009: Chrysler LLC Statement in Response to UAW Ratification of Contract, Attributed to Tom LaSorda, Vice Chairman and President: “We are thankful to the Chrysler UAW members for their support in ratifying this contract, especially during these challenging times. This was a necessary st ... Continue reading

Fiat Commits to CNG Power Now! Offers 6 New Models - IMPORTANT VIDEO STORY

Apr 29, 2009

EDITOR'S NOTE: In this video story Fiat correctly states the case for compressed natural gas versus gasoline. The great significance to this story is that Fiat may very soon be directing the fortunes of Chrysler. The Auto Channel has ardently campaigned for the immediate change to CNG and propane as America's primary e ... Continue reading

Chrysler and UAW Agree to Deal Before Federal Deadline

Apr 26, 2009

Following on the heels of CAW union ratification of new deal reports circulate that Chrysler and UAW also come to terms DETROIT - April 26, 2009: Chrysler and the United Auto Workers union have reached a tentative agreement that meets the federal government’s requirements for the automaker to receive more financin ... Continue reading

Chrysler Statement in Response to CAW Ratification of Contract

Apr 26, 2009

WINDSOR, Ontario - April 26, 2009: In response to the CAW ratification of the Chrysler contract Al Iacobelli, Chief Bargainer and Vice President - Chrysler Employee Relations, said, "We are pleased that the men and women of the CAW have voted to ratify this contract. We know that these are unprecedented times within th ... Continue reading

Chrysler Bankruptcy: Why Car Buyers Might Not Notice

Apr 24, 2009

by: Rick Newman April 24, 2009 | about stocks: F / FIATY.PK / GM Rick Newman Follow161 Followers 0 Following You are currently following Rick Newman Stop FollowingYou are no longer following Rick Newman About this author: Profile & More Articles Visit: Flow Chart by Rick Newman Become a Contributor Submit an Article Fo ... Continue reading

2009 Dodge Caliber SE Review

Apr 18, 2009

2009 DODGE CALIBER SE Notable for What It’s Not By Steve Purdy TheAutoChannel.com Detroit Bureau On our first drive to town in the Caliber SE my pretty blonde said, “What’s up with this. I didn’t know they still made cars with roll-up windows.” I can’t remember the last time I drove a car ... Continue reading