Chrysler, Dodge, and Jeep news from Allpar

Chrysler-Getrag contractors: partly paid

In the waning years of DaimlerChrysler, a new plant created to build Chrysler-engineered dual-clutch transmissions went up near Tipton; Getrag was tapped because Daimler did not want to invest the needed capital. Even before the bankruptcy, Getrag abandoned the plant, claiming Chrysler had not lived up to its end of the deal. The plant contractors sued Getrag in 2008, and won, with a trust fund for the major contractors created; the county put in $13 million, and with the sale of the building in December 2010, the final condition for distributing funds was in place. (The plant was acquired by Abound Solar.)

Companies have received 44% of the value of their contracts. In the meantime, some contractors have gone bankrupt, having paid for labor and materials without getting income from Getrag. An article by Pat Munsey in Kokomo Perspective noted that local banks appeared to be understanding, not calling in loans until the building was sold. (Thanks, KCPWorker.)

Indy adjustments

93-91-vipers

  Four of the six competitors in the American LeMans GTLM class are getting adjustments for this weekend’s race at Indy. Ferrari...

Mopars garner APEAL awards

Three of four Dodge cars (Charger, Challenger, and Dart) were top-rated in their segments in  J.D. Power’s 2014 U.S. Automotive Performance, Execution...

Mopar shaker hoods now at dealers

The new bolt-on Mopar Challenger Shaker Hood Kit is now available at dealers. A bit of vintage design on modern cars, it...

Viper: Fastest car of 2014?

viper

Forty-three of the country’s fastest track cars descended upon Virginia International Raceway on July 18 for the Tire Rack Ultimate Track Car...

Categories: Chrysler.


Mad-Scientists-Blackboard-Web
No FCA-PSA Peugeot merger talks (either)
Cop-Stop-FCA-Web
Advisors call for Fiat-Chrysler merger rejection
93-91-vipers
Indy adjustments

Mopars garner APEAL awards


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