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Chrysler Productivity Ties Toyota; Sales...Not So Much

Apparently answering today's QOTD with a "hell yes," our friends in Auburn Hills have tied the super-best automaker from the Land of the Rising Sun in at least one category: Most productive manufacturer, according to this year's Harbour Report. What does that mean? That Chrysler assembles a vehicle in 30.37 hours on… »6/05/08 12:45pm6/05/08 12:45pm

Chrysler Group Sales Speculation: Russian Billionaire To Fund Magna Bid For Chrysler!

OK, so we'll totally called this one. True, we called it humorously, but whatevs, we'll take our wins when and where we can. Under the terms of an agreement announced early Thursday companies owned by Oleg Deripaska, the Russian entrepreneur, will pay $1.54 billion to acquire 20 million Class A shares of Magna… »5/10/07 10:15am5/10/07 10:15am

Chrysler Group Sales Speculation: Magna Only Bidder Left?

Yet another strange-ass news mag we've never heard of out of Deutschland (but with a very Automotive News-like website) is reporting that the not-so-equal side of the merger-of-equals is playing games with private equity. They believe Magna International may be the only bidder the German-American hybrid's interested… »5/07/07 11:00am5/07/07 11:00am

Chrysler Group Sales Speculation: Magna Confirms "Involvement"

We just received the following press release from the Canadian auto supplier: »4/13/07 10:45am4/13/07 10:45am

Nah, there's no assurance — but it sure is a great press release that makes it sound like it is. And really, even if nothing comes of all of this for the Canadians — at the very least they'll now look like a big-time player, won't they?

Chrysler Group Sales Speculation: Canadian Supplier Magna In Talks With Private Equity For $4.7 Billion Purchase

CNBC reported a little earlier this morning that a private equity group along with Canadian supplier Magna International's readying, or already has submitted, a bid for the Chrysler Group of between $4.6 and $4.7 billion dollars. Just wanted to tell you so that you can get ready to start blaming Canada for… »3/23/07 12:20pm3/23/07 12:20pm