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

Daimler was obviously unimpressed by Chrysler's electrically »9/24/08 2:20pm9/24/08 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 4:00pm8/07/08 4:00pm

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 10:40am7/31/08 10:40am

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 11:00am7/01/08 11:00am

Merrill Lynch "Car Wars" Report Claims Cerberus Readying Chrysler For Chop Shop

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 10:00am6/30/08 10:00am

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

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 10:30am6/27/08 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 11:22am9/27/07 11:22am

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

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 9:45am8/06/07 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 12:15am8/06/07 12:15am

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

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 10:22pm8/05/07 10:22pm