Ford Motor Co tries to revive its classic Mustang
muscle car with a makeover for the 2010 model year that debuts at this week’s Los Angeles Auto Show.
Tuesday’s introduction comes as the Dearborn automaker and U.S. rivals General Motors Corp. and Chrysler LLC struggle with plunging sales and a severe financial crisis.
Ford sold 83,557 Mustangs in […]
A potential merger between General Motors Corp and Chrysler LLC could result in the closing of at least four more of the No. 3 U.S automaker’s factories while 16 of its vehicle models were at risk of being eliminated, according to a study by Grant Thornton.
A merger between GM and Chrysler is the best option […]
Renault on Friday denied it was in talks to buy Jeep from Chrysler as record low auto sales and the financial crisis spur fresh merger tal k about the Big Three US automakers in a new global consolidation round.
General Motors Corp, Ford and Chrysler, seeking to maximize cash returns while battling with a declining home […]
Detroit major Chrysler is understood to be in advanced talks with Argentum Motors, owned by former Hyundai-boss BVR Subbu and Spice Jet’s Ajay Singh, for a contract manufacturing alliance. Sources say, Chrysler is interested in contract manufacturing its SUV range (which includes once-best-sellers like Jeep Cherokee and Grand Cherokee) and Dodge line-up (for which it’s […]
Chrysler LLC plans to introduce seven major vehicle models in 2010 and remains on track to meet its internal financial targets for 2008, Vice Chairman and President Jim Press told reporters on Wednesday.
Press, who was marking his first anniversary with the struggling US automaker, also said the potential government support of $25 billion or more […]
Chrysler LLC is exploring strategic options for its Dodge Viper sports car business as the struggling US automaker tries to raise cash to ride out a deepening US auto downturn.
“We have been approached by third parties who are interested in exploring future possibilities for Viper,” Chief Executive Bob Nardelli said on Wednesday in a memo […]
Automobile major Chrysler LLC is looking for ways to cut costs and also line up partnerships with foreign auto makers including India’s Tata Motors to shore up its finances, a media report today said.
The Wall Street Journal quoting people familiar with the matter said, “Chrysler LLC is scrambling to slash costs and line up partnerships […]
People who buy Chrysler LLC vehicles next year will have the option of turning their cars and trucks into wireless Internet hotspots.
The company plans to announce Thursday that the feature will be available as part of its “uconnect” system that will debut in most 2009 Chrysler, Dodge and Jeep models.
The wireless Internet will come as […]