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Tag Archive for 'Chrysler Group'Big week ahead for Chrysler November 2nd, 2009 by Bill Cawthon
Chrysler’s international management includes (l. to r.): CEO Sergio Marchionne, who holds dual Italian and Canadian citizenship, Parisian Olivier Francois, CEO of Chrysler Brand, and Italian Pietro Gorlier, CEO of Mopar brand. Photos courtesy of Chrysler Group LLC. Chrysler offers buyouts to 23,000 more employees October 31st, 2009 by Bill Cawthon
Chrysler Group continues to trim the ranks of hourly employees. The automaker confirmed Friday that buyout and early retirement offers went out to 23,000 workers represented by the United Auto Workers union. The offers include cash, vehicle vouchers and, depending on tenure and location, at least some pension and retirement health benefits. Special offers are [...] 40 Chrysler dealerships at risk over financing flap October 27th, 2009 by Bill Cawthon
The National Automobile Dealers Association says as many as 40 Chrysler dealerships may be threatened with foreclosure because of the ongoing dispute between GMAC and Chrysler financial. Government to slash Chrysler executive pay October 21st, 2009 by Bill Cawthon
Top executives at Chrysler Group will soon see a major cut in their paychecks. As soon as today, the U.S. Treasury plans to announce new limitations on executive pay packages at companies that received the most government assistance under the Troubled Asset Relief Program (TARP). In addition to Chrysler, affected companies include General Motors, American [...] Teamsters demonstrate to protest Chrysler transport changes October 17th, 2009 by Bill Cawthon
Members of the International Brotherhood of Teamsters staged demonstrations at seventy Chrysler dealerships across the United States yesterday. Distributing leaflets reading “Chrysler Greed Destroys Michigan Families,” the union members were protesting Chrysler’s decision to give some of its new vehicle transportation business to non-union companies, a change that could cost an estimated 1,700 Teamsters their [...] Dealers trapped in GMAC, Chrysler Financial Catch-22 October 17th, 2009 by Bill Cawthon
Chrysler dealers who survived the purge earlier this year now face a new challenge: getting financing in the midst of a dispute between GMAC and Chrysler Financial. Hundreds of dealerships that Chrysler Group says are critical to its success could go out of business because they can’t get floorplan funding from GMAC until they have [...] Chrysler likely to use multiple ad agencies October 14th, 2009 by Bill Cawthon
According to sources inside the company, Chrysler will end its long-term partnership with Omnicom Group’s BBDO and work with multiple agencies. BBDO, which has been one of Chrysler’s ad agencies since World War II, has been the primary advertising and marketing support provider since the automaker consolidated its ad work in late 2000 under former [...] |
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