Aug 28, 2010
Chrysler Vehicles to be Equipped With Backseat Tv?
Innovations in the auto industry continuously pour in year in and year out. The race among auto makers to provide their consumers with the best features has led to the development of advanced vehicle features. Partnering with other industries, car makers are able to provide their customers with the latest in auto convenience and comfort. Chrysler is one car maker to join the force with another company so... read more
Aug 23, 2010
Chrysler posts quarterly loss
Chrysler Group LLC reported a quarterly net loss Monday, underscoring the pressure on the smallest U.S. automaker from a slack economy and an aging product lineup. The automaker, which plans an initial public offering next year, said U.S. sales grew 12% in the first half of the year, lagging the industry’s slower-than-expected growth of nearly 17%. Chief executive Sergio Marchionne said Chrysler had... read more
Aug 16, 2010
Move over, muscle car: There's a new van in town
The man behind the wheel of a minivan stuffed with children is probably doing more to announce his virility to the world than his Porsche-driving brethren. But the sliding doors, extra cup holders and all that room for child-safety seats have made the minivan a tough sell when the goal is manly cool. Chili Palmer was about as tough as the family-van driver ever got when he touted “the Cadillac of... read more
Aug 13, 2010
Windsor minivan plant humming and hearing talk of new hiring
Business is so brisk for Chrysler’s Windsor Assembly Plant that CAW Local 444 president Rick Laporte hopes the company will do something next year it hasn’t done for a more than a decade — hire workers. The minivan plant, which just last year had its third shift, with 1,200 jobs, cancelled but then saved as Chrysler struggled for its very survival, has enjoyed surging demand. By the end of July it... read more
Aug 11, 2010
Chrysler Q2 Performance: $183 Million Operating Profit
After reporting its second consecutive quarterly operating profit in 2010, the Chrysler Group remains “on track to achieve its goals,” according to the company’s CEO, Sergio Marchionne. The bottom line for the automaker in the second quarter: An operating profit of $183 million, an improvement of $40 million as compared with its performance in the first quarter. But that was just... read more
