Daimler Wants To Wash Hands Of Chrysler, Sell Remaining 19.9% To…

Daimler was obviously unimpressed by Chrysler's electrically » 9/24/08 2:20pm 9/24/08 2:20pm yesterday, as word comes today the German automaker is in talks to sell Cerberus its remaining 19.9% stake in Chrysler. If terms are agreed upon, the sale would mark the end of Daimler's involvement in the Auburn Hills automaker a mere ten years after…

WSJ: Chrysler And Nissan Discussing Mid-Size Car Collaboration

While we've previously reported on the Chrysler/Nissan small-car/pickup-truck mind meld, the Wall Street Journal now says the two companies are discussing collaboration on a mid-size vehicle platform. The report states that the agreement currently under consideration would have Nissan building mid-size sedans that… » 8/07/08 4:00pm 8/07/08 4:00pm

Being Bob Nardelli: One Year At The Top Of Chrysler

The Detroit News reports today on the marriage of Chrysler and Cerberus Capital Management, which took place one year ago this week. Robert Nardelli, former head of Home Depot, beat out Tom LaSorda and Wolfgang Bernhard for the top job at the new Chrysler, joining an already troubled automaker just at the edge of what… » 8/05/08 2:00pm 8/05/08 2:00pm

Report: Fewer Web Shoppers Researching Chrysler Products

Chrysler July sales dropped below the 100,000 unit mark as consumers began to show signs that they've lost confidence in the company, reports Automotive News. While Chrysler's announcement that it would suspend leasing August 1 caused a last-minute flurry of shoppers, more ominous was a report by Complete.com that… » 8/04/08 1:00pm 8/04/08 1:00pm

Jeep Compass, Patriot To Get Upgraded Interior For 2009

The Jeep Compass (the Jeep MK platform for the ladies) and Patriot (the Jeep MK platform for the boys) will be getting revised interiors with softer lines for 2009, according to a first look at some Mopar dealer catalogs scanned by the Chrysler forum fan-boys at Allpar. Gone are most of the hard-edged "plastic box"… » 8/04/08 9:20am 8/04/08 9:20am

Chrysler In Talks To Sell Jeeps In India, Fiats In North America

According to Automotive News, Cerberus is engaged in behind-the-scenes talks with both Tata Motors and Fiat regarding sales and manufacturing linkups. Chrysler wants to use Tata to gain a foothold for its Jeep Wrangler in Indian and Asian markets. More intriguingly, the company is reportedly talking to Fiat about the… » 7/31/08 10:40am 7/31/08 10:40am

Chrysler Discloses $515 Million First-Quarter Loss

Chrysler LLC revealed a $515 million first-quarter 2008 loss, despite the fact that the privately held firm isn't required to discuss earnings. So what gives? Ex-lover Daimler spilled the beans Thursday, stating that its 20% stake in Chrysler lost about $105 million in value. The Detroit News did some quick math,… » 7/25/08 9:30am 7/25/08 9:30am

New Chrysler Minivans Selling So Well They're Closing The Factory

Come Halloween, Chrysler will idle its St. Louis South minivan plant indefinitely. And, just so the 1,500 employees at St. Louis South are clear about the meaning of "idle indefinitely," co-president Tom LaSorda said, "We see no intent to rerun this plant. We're idling it and it will likely be fully closed." » 7/01/08 11:00am 7/01/08 11:00am

Merrill Lynch "Car Wars" Report Claims Cerberus Readying Chrysler For…

The new Dodge Challenger is hitting showrooms. The 2009 Dodge Ram launch is scheduled for fall. But it's the sounds of silence after that when it comes to product. What's going on? One influential industry study, the Merrill Lynch "Car Wars" report (yes, that's it's real name), states Chrysler's lack of new product… » 6/30/08 10:00am 6/30/08 10:00am

Iacocca Arrives At Chrysler As Bankruptcy Rumors Swirl; Time Travel…

Former chairman Lee Iacocca gave a closed pep rally to Chrysler employees yesterday in Auburn Hills, once again sharing the stage with a K-car, a minivan...and rumors of Chrysler's imminent bankruptcy. While current CEO Bob Nardelli was praising Iacocca as "Chrysler's most dynamic leader" and "a great American,"… » 6/27/08 10:30am 6/27/08 10:30am

Former Toyota USA President Jim Press Never Owned A Toyota Or Lexus

The Chrysler media blog's got an interview with the new Vice-Chairman of "The New Chrysler," Jim Press. Much of it's a nice little flufferview of the guy who until being snagged by Cerberus, spent thirty years at Toyota, eventually becoming President of Toyota USA and the only non-Japanese ToMoCo board member.… » 9/27/07 11:22am 9/27/07 11:22am

Chrysler PR Main Man Jason Vines Corrects Self, New CEO Bob Nardelli's…

Earlier this morning we caught Chrysler PR VP Jason Vines on WDIV, Detroit's NBC affiliate — again. This time, in addition to pushing this afternoon's employee celebration and the re-unveiling of the pentastar logo, he corrected his late night gaff on new Chrysler CEO, Bob Nardelli's, resume. This time, Vines is his… » 8/06/07 9:45am 8/06/07 9:45am

Chrysler PR Main Man Jason Vines Confuses Two Generals

So we're thinking when Jason Vines said "General Motors," he really meant to say "General Electric" as he was telling local Detroit affiliate WDIV all about the bona fides of his new boss-man — former Home Depot CEO Bob Nardelli — as he golden parachutes into Chrysler. There's one of three reasons we can think of for… » 8/06/07 12:15am 8/06/07 12:15am

It's A Chrysler Shocker! Former Home Depot CEO Bob Nardelli Named New…

It won't be Wolfgang Bernhard, and it won't be Tom LaSorda — we're hearing the new CEO of the newly independent Chrysler will be none other than ousted Home Depot CEO Bob Nardelli. More coming shortly — this stuff is hot off the wires, kids! Updates, including the full press release, below the jump.[NYT] » 8/05/07 10:22pm 8/05/07 10:22pm