Archive for Category: "Chrysler"

Chrysler reveals Details of Separation Packages to be made to Salaried Employees

As part of the Chrysler Group Recovery and Transformation Plan, the company has targeted the reduction of 2,000 salaried positions by 2008. The Chrysler Group intends to reach that target through attrition and special programs. The special programs include the following separation incentive and early retirement packages for non-bargaining unit (NBU), or salaried employees, announced [...]

Chrysler Group's Street and Racing Technology (SRT) and Richard Petty Driving Experience Announce New Partnership

Daytona Beach, Fla – Chrysler Group announced here today that it is partnering with the esteemed Richard Petty Driving Experience (RPDE) to deliver its unique SRT Track Experience professional driving instruction program beginning this year. Chrysler Group is expanding its SRT Track Experience program for owners of Chrysler, Dodge and Jeep® SRT vehicles to include [...]

Chrysler to recall some 2006 Dodge Ram trucks

DaimlerChrysler AG's Chrysler Group unit is recalling some 2006 Dodge Ram pickup trucks because their front- wheel bearings may not have enough grease, Bloomberg News reported today. The recall affects as many as 86,333 of the pickups built between Nov. 7, 2005, and April 27, 2006, the company told the National Highway Traffic Safety Administration. [...]

Chrysler's Project X – 1,000 salaried jobs to go

The Chrysler Group expects to eliminate about 1,000 white-collar jobs — primarily in Michigan — as part of a major restructuring to be announced next week, according to people familiar with the plans. The cuts will be in addition to more than 10,000 hourly jobs likely to be slashed in the top-to-bottom overhaul of the [...]

Chrysler to cut 250 Detroit jobs

With sales of light trucks and SUVs flagging, the Chrysler Group plans to cut 250 jobs next week at its Detroit plant that builds standard eight-cylinder engines for the Dodge Durango and Jeep Grand Cherokee and other vehicles, local UAW officials said. The job cuts — which will trim the work force at the Mack [...]

Chrysler throws in free Hemi

January 4, 2007 Chrysler throws in free Hemi Automaker hopes deals on popular $1,700 engines, $1,000 DVD systems will spark rebound after a tough 2006. Want a Hemi? You can get one at no extra charge later this year. DaimlerChrysler AG's Chrysler Group plans to launch a first-ever national marketing campaign in March that will [...]

DaimlerChrysler December Auto Sales Fall on Softness at Mercedes, Chrysler Sales Up Modestly

Wednesday January 3, 1:45 pm ET German and American automaker DaimlerChrysler AG on Wednesday said its December sales in the U.S. fell 1 percent, due mostly to softness at its Mercedes-Benz luxury division. The company said it sold 218,530 vehicles last month, compared to 220,641 vehicles during the same period a year ago. Adjusted to [...]

DCX sends mixed signals on the future of Chrysler

Are all options, even the most drastic, now on the table as DaimlerChrysler AG tries to cut losses racked up by the Chrysler Group? The German automaker seemed to send mixed messages Wednesday about the possibility it might jettison its American partner. “We don't exclude anything here,” Chief Financial Officer Bodo Uebber said during a [...]

Less-than-perfect credit? Chrysler expands 0%

The Chrysler Group has relaxed its zero-percent financing program to nab consumers with less-than-stellar credit. The Auburn Hills-based company is following Ford Motor Co., which bucked industry practice by offering no-interest deals to customers with imperfect credit scores. Chrysler started offering zero-percent financing for up to 72 months on Sept 1. It began relaxing its [...]

Chrysler curbs building the legendary HEMI Engine

DaimlerChrysler AG's Chrysler Group has cut production of its legendary Hemi V-8 by nearly 20 percent as more consumers decide to trade power for fuel efficiency and the company prepares for lower light-truck sales through the year. Chrysler recently lowered Hemi production to 1,300 a day from 1,600 at its Saltillo factory in Mexico, company [...]

 
GM to lay off 560 workers at Romulus plant in Michigan http://t.co/fTKhLAETKT6 hours ago