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Archive for Category: "Chrysler"
Chrysler freezing pension plans for US salaried workers
Chrysler announced that is freezing its pension plan for its U.S. salaried workers at the end of 2013, reports Detroit Free Press. The company’s decision affects 8,000 current workers and will not affect retired workers or hourly employees. As of December 31, 2013, the company’s 8,000 current salaried workers who have earned a pension will [...]
Chrysler recalls some 14,800 cars over potential stalling issue
Chrysler said it will recall about 14,800 cars because of to a potential stalling problem. The recall affects 2013 Dodge Dart models equipped with a 1.4-liter engine and dual-clutch transmission. During cold weather testing, the company’s engineers parked a Dart for eight hours in a 20F climate chamber. The car, after startup and driving a [...]
Chrysler refuses NHTSA’s request to recall 2.7 million vehicles
Chrysler Group has denied a National Highway Traffic Safety Administration’s (NHTSA) request to recall about 2.7 million vehicles. NHTSA has issued a recall request letter proposing that the automaker recall the Jeep Grand Cherokee in model years 1993 to 2004 and the Jeep Liberty in model years 2002 to 2007. According to the agency, “the [...]
Chrysler reports higher May auto sales
Chrysler said it has sold 166,596 vehicles in May 2013, an 11% increase compared to the same month last year, reports The Detroit News. It was “the best May for the company in six years.” The company’s Ram brand reported a 24% sales increase in May, Dodge posted 23%, and Fiat and Jeep brands both [...]
Who repaid government first? Chrysler or Tesla
Tesla recently repaid $452 million loan to the U.S. Department of Energy (DOE). Tesla labeled itself as “the only American car company to have fully repaid the government.” Chrysler is not agreed this. “Not exactly, Tesla,” Chrysler says. According to Chrysler, it repaid $7.6 billion in federal loans in 2011. Tesla’s “information is unmistakably incorrect,” [...]
Chrysler recalls 469,000 SUVs to fix gearshift problem
Chrysler is recalling about 469,000 SUVs worldwide to fix a gearshift issue. The recall affects 2006- to 2010-model-year Jeep Commanders and 2005 to 2010 Jeep Grand Cherokees. A Chrysler spokesman said that the company was aware of 26 accidents and 2 injuries related to the gearshift problem but no fatalities. Also, Chrysler is recalling 532 [...]
Chrysler Q1 profit falls on lower shipments
Chrysler reported its preliminary first-quarter 2013 net income of $166 million, compared to $473 million a year ago. The quarter was negatively affected by the reduced vehicle shipments that resulted from key product launches, namely the 2013 Ram Heavy Duty trucks and the 2014 Jeep Grand Cherokee, as well as preparation for the second-quarter production [...]
Chrysler reshuffles management team
Chrysler announced that it has made changes to its leadership team, with Reid Bigland has been appointed as president and CEO of the Ram Truck Brand. Bigland will also continue as head of US sales, and president and CEO of Chrysler Canada. Most recently, he was president and CEO of the Dodge Brand. Bigland joined [...]
Chrysler Delivers 242 CNG Pickups to Oklahoma
Chrysler has delivered 242 new 2013 Ram 2500 compressed natural gas (CNG) pickup trucks to the state of Oklahoma. The Ram 2500 CNG pickups will be used by the Oklahoma Department of Transportation (DOT) as service trucks on the state’s roads and highways. The Ram 2500 is a bi-fuel vehicle that uses CNG as its [...]
Chrysler to invest $374M at transmissions plants in Indiana
Chrysler Group LLC said it will invest nearly $374 million to expand its operations in Indiana. The investment will create about 1,250 new jobs. The company will invest $212 million to install additional tooling and equipment needed to produce the eight- and nine-speed transmissions at its Kokomo plants, adding up to approximately 400 new jobs. [...]
