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chrysler llc

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Chrysler Says Bankruptcy Rumor Has No Merit: Report
DETROIT (Reuters) - Chrysler LLC CBS has told U.S. dealers reports of its financial distress were unfounded, Automotive News reported on Thursday, citing a letter from company executives. "Speculation has surfaced recently in media coverage of analyst reports suggesting Chrysler might...
Tags: Litigation, Investment, Chrysler LLC, Cerberus Capital Management, liquidity, Detroit, company executive, bankruptcy, analyst report, financial, Thomson Reuters Corp., private equity, U.S.
News items 2008-07-10
Detroit Three Desperate? Not 'Til They Spill Future Products
Is Chrysler truly desperate? Or GM, or Ford? Getting there, but not quite yet. Strike One: Fire-Sale Incentives All three of the Detroit Three recently resorted to incentive programs to try and sell down stockpiles of unsold cars and trucks. GM had...
Tags: Jim Henry, Chrysler LLC, car, Lee Iacocca, Ford Motor Co.
Blog posts 2008-07-09
What, Me Worry? Says Chrysler's Jim Press
Wow, that must be some "plan" at Chrysler. With June sales down 35.9 percent in June -- it hurts just to type that number -- Jim Press, Chrysler president and vice chairman, serenely insisted in a July 1 conference call that wholesale shipments to dealers are going...
Tags: Sales strategy, Sales force management, Jim Henry, Chrysler LLC, Jim Press
Blog posts 2008-07-02
Chrysler to Explore Ties With China's Great Wall
SHANGHAI (Reuters) - Chrysler LLC CBS has signed a memorandum of understanding with China's Great Wall Motor Co to explore long-term business ties in various areas including distribution, components and technology. The move is part of Chrysler's drive for greater ...
Tags: Chrysler LLC, memorandum of understanding, China, Shanghai, Thomson Reuters Corp., partnership, car, industry
News items 2008-07-02
Chrysler to Take "manufacturing Action" Amid Slump
DETROIT (Reuters) - Chrysler LLC CBS said it scheduled a briefing on Monday afternoon to discuss an unspecified "manufacturing action" it plans to take in response to a slumping U.S. auto market. Chrysler's larger rivals General Motors Corp GM and Ford...
Tags: Financial accounting, Onex Corp., Chrysler LLC, Daimler AG, Toronto, sales process, Thomson Reuters Corp., private equity, manufacturing, finance, financial, sales
News items 2008-06-30
Chrysler to Shut Minivan Plant as Sales Slump
By Poornima Gupta DETROIT (Reuters UK) - Chrysler will shut its St Louis minivan plant, cutting production of its top-selling vehicle and 2,400 factory jobs in a sign of the automaker's troubles with a market reeling from record gas prices. Chrysler said it would close the...
Tags: Cerberus Capital Management, Minivan, Chrysler LLC, Sales Strategy, Sales Force Management, Sales, Ford Motor Co., General Motors Corp.
News items 2008-06-30
Chrysler to Shut Minivan Plant as Sales Slump
By Poornima Gupta DETROIT (Reuters) - Chrysler LLC will shut its St Louis minivan plant, cutting production of its top-selling vehicle and 2,400 factory jobs in a sign of the automaker's troubles with a market reeling from record gas prices. Chrysler said it...
Tags: Sales strategy, Sales force management, Chrysler LLC, sales, New York, Thomson Reuters Corp., CEO, RAM
News items 2008-06-30
Detroit 3 to UAW: The Bosses Feel Your Pain. Honest.
Chrysler was widely reported today to be cutting 1,000 white-collar jobs, on top of previously announced production cuts, layoffs and job cuts. The way it often works in Detroit is that when blue-collar jobs are cut, white-collar job cuts aren't far behind. The car companies are sensitive to any suggestion...
Tags: Job, Compensation, UAW, Chrysler LLC, Recruitment & Selection, Benefits, Human Resources, Workforce Management, Jim Henry
Blog posts 2008-07-23
Detroit 3 Fight Bankrupt Rumors, But Credibility Slip is Showing
Domestic automakers have been compelled to state in recent days that they're not planning to file for bankruptcy -- which unfortunately for them only serves to keep the word "bankruptcy" appearing in the same headlines as Ford, GM and Chrysler. Spokesmen like Chrysler's Jim Press and GM's Rick Wagoner used terms like,...
Tags: Litigation, Manufacturing, Globalization, Mergers & Acquisitions, Jim Henry, Detroit 3, bankruptcy, automobile company, Chrysler LLC, General Motors Corp.
Blog posts 2008-07-10
GM, Ford Shares Decline Ahead of June Sales Report
DETROIT (Reuters) - Shares of General Motors Corp GM tumbled to a 54-year low while smaller rival Ford Motor Co F shares fell as much as 10 percent on Monday on concerns record oil prices would further hit U.S. demand for vehicles. "It's...
Tags: Financial accounting, General Motors Corp., Morgan Stanley, Lear Corp., Ford Motor Co., Detroit, consumer confidence, supplier, earnings per share, Thomson Reuters Corp., bankruptcy, U.S., sales, analyst, stock, industry
News items 2008-06-30
GM Drops to 53-year Low, Goldman Urges "sell"
By Kevin Krolicki DETROIT (Reuters) - Shares of General Motors Corp hit their lowest level since 1955 and dragged down the auto sector on Thursday after Goldman Sachs cut the struggling U.S. industry's largest manufacturer to a "sell" rating and warned it would...
Tags: Sales strategy, Sales force management, General Motors Corp., Daimler AG, Toronto, Honda Motor Co., Canada, automobile company, car, sales, Thomson Reuters Corp., analyst, performance
News items 2008-06-26
Ford Shareholders to Kerkorian: "Take My Stock. Please."
Stockholders representing more than one billion shares of Ford stock aren't waiting around to see what Kirk Kerkorian intends to do with Ford. They want to sell now, and small wonder: Kerkorian offered $8.50 per share, versus Ford's closing market price of $6.36 on June 9, when the tender offer...
Tags: Shareholder, Merger, Stock, Chrysler LLC, General Motors Corp., Ford Motor Co., Daimler AG, Kirk Kerkorian, York, Juergen Schrempp, Mergers & Acquisitions, Taxes, Free Trade, Investment, Finance, Financial Planning, Jim Henry
Blog posts 2008-06-12
Automakers Bet Big That High Gas Is Here to Stay
Ford Motor and General Motors suddenly seem to agree that high gas prices are here to stay, and therefore so is the shift out of big pickups and SUVs, and into small cars and crossovers. Chrysler has been more cautious in its rhetoric than Ford and GM....
Tags: Pickup, SUV, Chrysler LLC, General Motors Corp., Ford Motor Co., Sales Strategy, Sales, Jim Henry
Blog posts 2008-06-06
Cerberus Denies Selling Chrysler, GMAC stake
Cerberus Capital Management denied news stories today that it sold any of its equity stake in either Chrysler or GMAC Financial Services. But other than denying it, the privately held Cerberus was masterfully vague about what exactly may have led to a Financial Times story that said Cerberus...
Tags: Cerberus Capital Management, Chrysler LLC, Cerberus, Investment, Financial Services, Finance, Jim Henry
Blog posts 2008-06-03
Ford Grits Teeth, Cuts Truck Production
Ford Motor is widely reported to be cutting back on production of big SUVs, on top of cuts announced earlier. As painful as it must be, it's more evidence that the Detroit 3 are sticking to their common-sense strategy of cutting production to match demand. The traditional...
Tags: Production, Chrysler LLC, Ford Motor Co., Sales Strategy, Sales Force Management, Channel Management, Investment, Financial Accounting, Strategy, Sales, Marketing, Finance, Management, Jim Henry
Blog posts 2008-05-21
Auto Lending Pulling Down Profits at GMAC
Despite sharper collection practices that at least kept the number of delinquent accounts from growing, profits fell in the first quarter for the auto lending part of GMAC Financial Services -- another sign that the credit crisis is spilling over into the car industry. Like Ford Credit  on April 24,...
Tags: Chrysler LLC, Mortgages, Financial Planning, Financial Accounting, Finance, Capital Structures, Jim Henry
Blog posts 2008-04-30
Why the Chrysler-Nissan Deal Makes Great Sense
The recently announced product sharing deal between Chrysler LLC and Nissan Motor Co. Ltd makes good common sense, in ways the former DaimlerChrysler merger never did. The deal calls for Chrysler to make a full-size pickup for Nissan. It will be a successor to the current...
Tags: Nissan Motor Co. Ltd., Chrysler LLC, Daimler AG, Current Nissan Titan Pickup, Mergers & Acquisitions, Investment, Finance, Jim Henry
Blog posts 2008-04-16
Lessons from the Mega-Mergers
These high-profile corporate mergers are excellent case studies for anyone considering a potential acquisition. Hewlett-Packard and Compaq Date:...
Tags: Mergers & Acquisitions, Strategy, Geoffrey James, Carly Fiorina, America Online Inc., Chrysler LLC, merger, Hewlett-Packard Co., Time Warner Inc., Compaq Computer Corp., computer hardware, M&A, Dell Computer Corp., brand, stock, Web portal, industry, dot-com, entertainment
Articles 2007-09-07

Additional Resources

Helping to Keep Sterling Heights, Mich., One of the Nation's Top 100 'Best Places to Raise a Family;' Chrysler Jeep® Superstores, Motor City Dodge Dealers and Chrysler LLC Representatives Team Up with KaBOOM! to Build New Playground
AUBURN HILLS, Mich., July 15 /PRNewswire/ -- What: More than 250 volunteers from the Chrysler JeepR Superstores and Motor City Dodge Dealers, which consist of 74 dealers from the area; The Chrysler Foundation; the Sterling Heights Community Foundation; organizers from KaBOOM! and residents of the local community...
Articles 2008-07-15
The Chrysler Foundation Donates $50,000 to the Victory Junction Gang Camp to Honor Richard Petty's 50-Year Motorsports Career
AUBURN HILLS, Mich., July 14 /PRNewswire/ -- The Chrysler Foundation announced today its donation of $50,000 to the Victory Junction Gang Camp to honor Richard Petty and his 50-year motorsports career in NASCAR as a driver and team owner. "No one has done more for the sport...
Articles 2008-07-14
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