Chrysler

Politics & Government
7:15 am
Wed May 22, 2013

In this morning's news: Lansing debating surplus, hospital merger sacked, carmakers won't shutdown

Morning News Roundup, Wednesday, May 22, 2013
User: Brother O'Mara Flickr

Policymakers debate how to spend surplus

The debate continues in Lansing over how the state should spend almost half a billion dollars in unexpected revenue this year. The Michigan League for Public Policy believes that because the state’s Earned Income Tax Credit is less than a third of what it was a couple years ago, legislators should restore the credit for the working poor.

"A spokesperson for state House Democrats says they support the idea of using some of the money to restore the Earned Income Tax Credit. However, Governor Rick Snyder says a similar tax credit from the federal government does enough to help working poor families in Michigan. He wants to use the extra cash to fix roads," Michigan Radio's Jake Neher reports.

Merger between Beaumont and Henry Ford sacked

The planned merger between Beaumont and Henry Ford health systems, two of southeast Michigan’s largest health care providers, has been scrapped. The leaders of each hospital signed a letter of intent to merge last fall, but negotiations didn’t work out so well. On Tuesday, Henry Ford CEO Nancy Schlichting sent a letter to employees, indicating they’ll end talks and let the agreement expire.

“It became apparent that two very different perspectives have emerged for the new organization between Henry Ford and Beaumont,” Schlichting wrote. Michigan Radio's Sarah Cwiek has more.

Rising car sales cut plant shutdowns

Summer vacation will be cut short for auto factory workers in Michigan this year, as carmakers try to keep up with heightened demand. Detroit automakers plan to reduce their annual shutdowns at dozens of North American plants that produce popular Ford and Chrysler models.

“This sends a strong signal that the industry is in a healthy place,” Jeff Schuster, senior vice president of forecasting at market researcher LMC Automotive, told The Detroit News.

Politics & Government
5:04 pm
Mon May 6, 2013

Why are Detroit automakers losing out in Europe?

GM's headquarters in Detroit.
Carlos Lowry Flickr

  If you hear the word Europe, you might find yourself thinking of great places to travel, a rich history, or family roots.

If you're an auto executive and you hear “Europe,” you’ll likely sigh and take a couple of aspirin for your headache.

That's because the Detroit automakers stand to lose $4 billion in Europe this year. And with a collapse in auto sales across the pond, trying to muscle through the kinds of changes that saved the industry here in North America is a totally different challenge in Europe.

Michelle Krebs of Edmunds.com and Michigan Radio’s auto reporter Tracy Samilton discuss the bleak picture in Europe for Detroit automakers.

Listen to the full interview above.

Auto
3:29 pm
Mon April 29, 2013

Chrysler profits are down, but Fiat losses are lower

Chrysler made a lower-than-expected profit of $166 million in the first quarter, a decline of 65 percent from last year.  It was not just analysts whose expectations weren't met; the CEO of the company admitted disappointment.  

Sergio Marchionne said he knew the company would be "limping" in the period, due to retooling of the Toledo plant and preparations to launch the new Cherokee, but "we just didn't know how much."

Read more
Auto
3:16 pm
Sat April 27, 2013

Chrysler putting $20M into northwest Ohio plant

Automaker Chrysler plans to put close to $20 million into one of its northwest Ohio plants.

Chrysler says the work at the machining plant just outside Toledo will go toward new equipment and tooling. The investment won't bring any new permanent jobs though.

The spending will increase capacity for a torque converter for the new 2014 Jeep Cherokee.

The plant near Perrysburg makes torque converters and steering columns for several Chrysler plants in the Midwest as well as Canada and Mexico.
 

Auto
5:23 pm
Fri March 1, 2013

Ford, GM and Chrysler posted gains in February sales

February was a good month for the Big 3.

The increase is a sign that U.S. auto sales remain strong even in an uneven economy.

Read more
10:19 am
Tue February 19, 2013

Maserati not coming to Detroit

Lead in text: 
Having a Maserati built in Detroit was seen as a symbolic win for the comeback of manufacturing in Michigan. But now it turns out that won't be happening.
Fiat SpA will not build a Maserati in Detroit after all. The Maserati Levante, which shares a common architecture with the new 2014 Jeep Grand Cherokee, was supposed to have been built at Chrysler Group LLC's Jefferson North Assembly Plant starting later this year. The decision had been heralded by Gov.
Morning News Roundup
8:35 am
Mon February 4, 2013

This morning's news: Medicaid decision, Rainy Day Fund, Super Bowl ads

User: Brother O'Mara flickr

Snyder to decide this week whether to expand Medicaid

In his budget address this week, Gov. Rick Snyder will announce whether he'll expand Medicaid. Under the Affordable Care Act, the federal government would pay for the state to allow an additional 400,000 people in the state to receive Medicaid coverage. The state would eventually have to pay for a portion of the costs, Rick Pluta reports.

Snyder to propose adding $50 to $100 million to Rainy Day Fund

Gov. Rick Snyder is expected to recommend that the state add $50 to $100 million to its Budget Stabilization Fund, better known as the Rainy Day Fund. Some Democrats argue though that now is not the time to be saving. The Detroit Free Press quotes Gilda Jacobs, president and CEO of the Michigan League for Public Policy.

"For lots of families, it is raining right now," Jacobs said.  "There really is the opportunity to take a portion of the money that is in the Rainy Day Fund and use it for families that are experiencing hardship."

Chrysler pays tribute to troops, farmers in two Super Bowl ads

Chrysler's two Super Bowl ads were among the most well-received auto advertisements according to the Detroit Free Press. Chrysler's first ad, voiced by Oprah Winfrey, was a Jeep spot that paid tribute to the military. Their second commercial, an ad for Ram pickup trucks, featured the late radio personality Paul Harvey reading "So God Made a Farmer."

The ad took 9th place in MSU's annual Super Bowl Ad rankings.

- Joseph Lichterman, Michigan Radio Newsroom

 

Auto
4:58 pm
Fri February 1, 2013

Automakers report double-digit gains

DETROIT (AP) -Last year's momentum in U.S. auto sales is continuing into this year.

Ford, Chrysler and GM are all reporting double-digit gains for January.

Sales at Ford rose 22 percent compared with a year earlier. GM and Chrysler each reported 16 percent gains.

Ford's sales rose on strong sales of pickup trucks and new vehicles.

Auto
2:12 pm
Tue January 15, 2013

Jeeps to be built in China, Chrysler and Guangzhou announce deal

An electric concept car from Chinese automaker GAC Group at the Detoit auto show.
Mark Brush Michigan Radio

At the North American International Auto Show today, the Chinese-owned Guangzhou Automobile Group, or GAC Motors, announced plans to build Jeeps to sell in the Chinese market.

GAC Motors is a state-owned automobile business located in the city of Guangzhou in southern China.

More on the announcement from Brent Snavely of the Detroit Free Press:

Read more
Auto
8:02 am
Mon January 14, 2013

Ram 1500 wins 2013 'Truck/Utility of the Year' award

The Ram 1500 hiding among journalists.
Mark Brush Michigan Radio

At this morning's press preview of the Detroit Auto Show, the Ram 1500 won the 2013 North American Truck/Utility of the Year Award.

The truck was chosen by a group of 49 automotive journalists from the United States and Canada.

The Ram 1500 was up against two other finalists in the category, the Ford C-Max and the Mazda CX-5.

The Ram 1500 also won the 2013 Motor Trend Truck of the Year award.

In a statement, Fred Diaz, President and CEO of Ram Truck Brand and Chrysler de Mexico, Chrysler Group LLC, said:

"For the Ram Truck Brand, this ranks as one of the proudest days in our history. Every truck-maker aspires to win the North American Truck/Utility of the Year. I tip my hat to the folks who worked behind the scenes to make the 2013 Ram 1500 a technological triumph."

Auto
3:09 pm
Thu January 3, 2013

Fiat seeks to gain another stake in Chrysler from VEBA

Italian automaker Fiat, already Chrysler's majority owner, has announced plans to acquire another stake in the Detroit car company.

Fiat currently owns 58.57 percent of Chrysler.  The rest is held by VEBA - the Voluntary Employee Beneficiary Association.  The VEBA was given stock in Chrysler in lieu of cash payments to cover union retiree health care costs, which were shifted to the UAW in 2007.

Fiat says it intends to exercise an option for 3.3% of VEBA's stock, for $198 million.

Read more
Auto
1:14 pm
Mon December 3, 2012

Chrysler shutters car museum

A 1984 Plymouth Voyager at the Walter P. Chrysler Museum.
harry_nl flickr

Chrysler announced last week that it would be closing The Walter P. Chrysler Museum located at its Auburn Hills headquarters.

The museum, which opened in 1999, will merge with the Chrysler Foundation by the end of the year.

Chrysler Group LLC will purchase the 67 historic vehicles housed in the museum, the oldest being a 1902 Rambler Runabout Roadster.

The collection of classic cars will be be closed off to the public except for special events and exhibitions.

From the press release:

Read more
Auto
10:27 am
Mon December 3, 2012

A November to remember for U.S. automakers

GM and Chrysler suffered through bankruptcy in large part because it relied so heavily on SUV sales.
user ep_jhu Creative Commons

GM, Ford, and Chrysler all say November sales were the best they've seen in a long time.

More from the Detroit News:

General Motors Co. said Monday it had its best November sales month since 2007, as its 186,505 sales rose 3.4 percent over the same month in 2011...

Ford Motor Co. posted November sales of 177,673, an increase 6 percent, with retail sales jumping 12 percent...

Chrysler Group LLC earlier reported its best November sales since 2007, as it sold 122,565 vehicles in the month, up 14.4 percent from the same month in 2011.

Michigan Radio's Tracy Samilton will have more for us on these numbers later today.

Auto
4:55 pm
Thu November 22, 2012

GM rebuilds its finance arm with Ally purchase

General Motors was a deeply troubled company in 2008.

Eh.  Make that deeply, deeply, deeply troubled.

So was its finance arm, GMAC, which had plunged head-first into subprime mortgage lending, in addition to automotive lending.  That left the company awash in billions of dollars worth of bad mortgages.

The federal government had to figure out a way to bail out both companies - because GM wouldn't survive if it didn't have a place to send customers for car loans, and if its dealers didn't have a place to get financing to buy the inventory.

Read more
Politics & Government
9:09 am
Thu November 15, 2012

In this morning's Michigan news headlines....

User: Brother O'Mara flickr

I-96 shooter suspect to undergo competency exam

The man accused of randomly shooting at motorists along Interstate 96 made his his first appearances in court yesterday. Raulie Wayne Casteel was arrested last week for the shootings.

More from the Detroit Free Press:

Making his first physical appearances in court, the 43-year-old father from Wixom had pre-examination conferences Wednesday in district courts in Howell and Novi. He faces numerous felony charges, including assault with intent to murder, assault with a dangerous weapon, carrying a weapon with unlawful intent and intentionally firing a firearm from a vehicle.

Neither of Casteel's attorneys would comment after the hearings.

Chrysler to announce new jobs today

More signs of recovery for Chrysler. From the Detroit Free Press:

Chrysler will provide more evidence today that its recovery is in full swing as it details plans to invest $238 million in three Michigan plants and add about 1,250 jobs so it can ramp up production of its engines and pickups.

Chrysler CEO Sergio Marchionne, Detroit Mayor Dave Bing and UAW Vice President General Holiefield are scheduled to be at Chrysler's Mack Avenue Engine I plant this morning for the announcement.

Firearm deer hunting season starts today

Hunters are taking to their favorite spots as firearm deer season begins today.

Michigan Radio's Steve Carmody reports, fewer licenses are being handed out this season:

The day before the start of firearms deer season is usually the busiest day at retailers who sell hunting licenses. The state has reduced the number of antlerless deer licenses because of a viral disease, known as Epizootic Hemorrhagic Disease or EHD.   The disease has been present in Michigan for decades.   But this year, weather conditions led to an unusually early outbreak of the disease.

State officials say virus has killed more than 13,000 deer this fall in more than 30 Michigan counties.

Auto
4:59 pm
Mon October 29, 2012

Chrysler's third-quarter profits up 80 percent

A third-quarter earnings report from Chrysler shows that profits are up 80 percent from last year.

The automaker earned $381 million over the past quarter, up from $212 million for the same period last year.

Brent Snavely from the Detroit Free Press has more:

Read more
Auto
3:45 pm
Fri October 26, 2012

Chrysler adds third shift, 1,100 jobs at Detroit plant

The interior of Chrysler's Jefferson North Assembly Plant.
Chrysler-Group flickr

A third shift beginning next week at Chrysler’s Jefferson North Assembly Plant in Detroit will add about 1,100 new jobs.

The new shift is being added to keep up with increased demand for the Jeep Grand Cherokee.

Brent Snavely from the Detroit Free Press has the story:

Adding the third crew now was driven by the mounting cost of overtime Jefferson North's workers have logged in recent months. Newly hired workers start at a lower wage to which the UAW agreed in its 2011 contract.

Read more
Auto
1:47 pm
Tue October 2, 2012

Chrysler leads monthly sales numbers for Big Three

General Motors says its U.S. sales rose about one and a half percent last month, as a big jump in car sales was offset by falling truck sales.

Ford says its U.S. sales were flat in September, like GM, Ford was weighed down by lower truck sales even as sales of its cars rose.

But Chrysler had the best September of the Detroit Three, with a 12 percent increase in sales.

More from the Detroit News:

Read more
Auto
6:52 pm
Mon October 1, 2012

What do manufacturers want from factory workers? Problem-solving skills

The "factory on wheels"
Henry Ford Community College

It's been a long time since the days you could succeed on the factory floor with "a weak mind and a strong back," as the adage goes.

Modern manufacturers need people who use their minds more than their bodies.  

Today, manufacturing workers need to be computer literate, solve problems when the robots on the line shut down, and work in teams.

The Obama administration says manufacturing companies added jobs for the first time since the 1990s - more than 500,000 jobs in the past 30 months.

Read more
Auto
10:15 am
Mon October 1, 2012

Stability for Canada's auto workers, CAW gets most of what they want

Ken Lewenza, president of the Canadian Auto Workers.
Canadian Auto Workers union

Yesterday, the Canadian Auto Workers union said that 90 percent of unionized Chrysler workers voted to approve a new deal with the company.

Ford and GM workers in Canada approved their deals last week.

So what did they get?

Here's a good write-up on the negotiations between the Canadian Auto Workers and Detroit's Big Three automakers from the Detroit Free Press' Brent Snavely.

Read more

Pages