By David Bailey DETROIT (Reuters) - Automakers are expected to report on Friday that U.S. auto sales fell for a ninth consecutive month in July, as the industry hits its worst showing in 15 years. It would be the longest losing streak for the industry...
In the news release Chrysler International Achieves Three Straight Years of Monthly Sales Growth, issued earlier today by Chrysler LLC over PR Newswire, we are advised by the company that the third paragraph should read "Chrysler sales in Europe were up 4 percent year-to-date (54,659 units)" rather than "Chrysler sales...
AsiaInfo Services 02-22-2008 Chery Automobile Not to Stop Talking with Chrysler WUHU, Feb 22, 2008 SinoCast via COMTEX -- Chery Automobile Co., Ltd., one of the largest sedan manufacturers in China, said on February 20, 2008 that it would retain AsiaInfo Services ...
Researched by Industrial Info Resources (Sugar Land, Texas) -- In the summer of 2007, German-based Getrag Corporation and Chrysler LLC (Auburn Hills, Michigan) began construction on a $530 million plant on a 230-acre site in Tipton County, Indiana. Construction of the project was later delayed. The joint-venture plant between Chrysler...
CHICAGO -- Fitch Ratings has downgraded the Issuer Default Rating IDR of Chrysler LLC to 'B' from 'B+', with a Negative Rating Outlook. Fitch has also downgraded the senior secured bank facilities as listed below, based on the downgrade of the IDR and Fitch's recovery rating methodology. The downgrade reflects...
Researched by Industrial Info Resources (Sugar Land, Texas) -- Domestic automakers have been trying to slim down their operations in recent years through layoffs, plant closures, and by offering buyouts and early retirement packages. Chrysler LLC (Auburn Hills, Michigan) is among those companies going through restructuring and cost-saving efforts.
AsiaInfo Services 03-11-2008 Chery & Chrysler to Form JV in H1 08 WUHU, Mar 11, 2008 SinoCast via COMTEX -- Chery Automobile Co., Ltd., a leading homegrown carmaker in China and Chrysler Group of US, those two signed an agreement on full- AsiaInfo Services...
Chrysler LLC announced organizational changes and appointments in Mopar and Global Alliance Operations. These moves will take immediate effect following Christine Cortez's announcement of her intent to retire as senior vice president of global service and parts.
AUBURN HILLS, Mich., May 30 /PRNewswire/ -- Chrysler Chairman and CEO Bob Nardelli injured his back last weekend and will be working from home the week of June 2. He expects to be back in his office on Monday, June 9. He appreciates the broad support that...
TORONTO, May 14 /PRNewswire/ -- CAW President Buzz Hargrove will give an update on bargaining with both General Motors and Chrysler at a press conference this evening.
Researched by Industrial Info Resources (Sugar Land, Texas) -- The easy part of the next stage of Chrysler's evolution is complete. With the finalization of the sale of the majority interest in the Chrysler business unit from DaimlerChrysler AG (NYSE:DCX) (Stuttgart, Germany) to Cerberus Capital Management L.P., the first stage...
TORONTO, May 15 /PRNewswire/ -- The CAW reached tentative settlements with both General Motors and Chrysler that meet the pattern established with Ford. The CAW represents close to 13,000 General Motors workers and 8,000 Chrysler workers in Canada.
AsiaInfo Services 08-23-2007 Chrysler to Test Global Expansion Strategy in China FUZHOU, Aug 23, 2007 SinoCast via COMTEX -- Chrysler Group, whose majority stake has been recently sold to Cerberus Capital Management, L.P., a large private equ AsiaInfo Services ...
U.S. automaker Chrysler and Japan's Nissan announced an agreement recently for Nissan to provide Chrysler with a new car for limited distribution in South America. U.S. automaker Chrysler and Japan's Nissan announced an agreement recently for Nissan to provide Chrysler with a new car for limited distribution in South America.
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