Tagged: Chrysler

Pages

Auto
2:09 pm
Fri January 14, 2011

Auto Week's "Best in Show" at the Detroit Auto Show

Credit Roger Hart / Auto Week
The Porsche 918 RSR concept, named "Best in Show" by the editors of AutoWeek.

Editors at Auto Week perused the offerings at the 2011 North American International Auto Show and named their top picks.

Executive Editor of Auto Week, Roger Hart, said the show had more than two dozen new models on display, and most had one thing in common:

 "There were no fancy, pie-in-the-sky, dreamlike concept cars. Nearly everything billed as a concept looked as if you could buy one tomorrow at your local dealership and drive it home."

Here are their picks:

BEST IN SHOW: Porsche 918 RSR Concept

Read more
Auto/Economy
12:54 pm
Tue January 11, 2011

"Back to business" theme at Detroit auto show

Credit Sarah Cwiek / Michigan Radio
A Hyundai Veloster displayed at the 2011 North American International Auto Show in Detroit

The 2011 North American International Auto Show is in a decidedly upbeat mood.

After two years of somber shows, automakers are rolling out new products and showcasing an unusual level of variety and innovation. And they're bullish about how consumers will respond to all those new choices.

Chrysler might be the poster child for the resurgent feeling at this year’s show.

Last year, the automaker barely had a presence, and Chrysler Brand President Olivier Francois remembered how that felt.

Read more
Auto/Economy
12:28 pm
Mon January 10, 2011

Marchionne says he expects a Chrysler IPO later this year

Credit Steve Carmody / Michigan Radio
Sergio Marchionne talks with reporters at the North American International Auto Show in Detroit.

Michigan Radio's Steve Carmody just attended a press conference with Fiat and Chrysler CEO Sergio Marchionne.

Marchionne told reporters that his goal is to pay back the government loans by the end of this year.

Chrysler owes around $7.5 billion to the U.S. government.

He said he was heartened by the response to GM's IPO last year and the investor interest in the auto industry makes a Chrysler IPO more likely.

Read more
Auto/Economy
11:32 am
Mon January 10, 2011

Chrysler proclaims a "resurrection"

Credit user dgtmedia-simone / wikimedia commons
CEO Sergio Marchionne says Chrysler is back.

Chrysler made the case for its self-proclaimed "resurrection" at the North American International Auto Show.

The company put on an optimistic show as it debuted 16 new Chrysler products. The automaker had only a bare-bones presence at the auto-show last year.

Sergio Marchionne is Chrysler's CEO. He said the display shows the company is once again a viable competitor in the North American car market:

Read more
Auto/Economy
3:59 pm
Mon January 3, 2011

Auto sales expected to maintain momentum

December auto sales numbers are due tomorrow. It’s expected to be another good month for Detroit’s automakers. 

After watching auto sales dwindle in the depths of the recession, auto companies have seen a surge in buying demand in recent months.  December is expected to be the third straight month of strong domestic auto sales.

Read more
Auto/Economy
5:38 pm
Mon December 6, 2010

Granholm hails economic recovery at Chrysler event

Governor Granholm says she’s happy to leave office at a time when there’s good news about Michigan’s economy.

The Governor celebrated the addition of a second shift at Chrysler’s Sterling Heights Assembly Plant Monday.

Granholm says the announcement shows the domestic auto industry “is back.” She also cited recent economic data showing an uptick in manufacturing.

The Governor did bemoan the State Legislatures’ failure to approve a new international bridge crossing between Detroit and Ontario.

Read more
Auto/Economy
3:20 pm
Mon December 6, 2010

Gov. Granholm makes announcement in Sterling Heights

Inside Chrysler's Sterling Heights Assembly Plant
Credit Barack Obama's Flickr photostream
Inside Chrysler's Sterling Heights Assembly Plant

Update: 3:20pm:

The Detroit Free Press reports on what we expected from the announcement at Chrysler's Sterling Heights Assembly Plant.

Chrysler will add a second shift in early 2011 of about 900 additional workers. Many of those workers will be workers who are called back from temporary layoff.

Read more

Pages