February 19th, 2010 by DaveAdmin
The current Chrysler Group LLC has reached an agreement with the “Old Carco” to buy the Sterling Heights assembly plant, where the Dodge Avenger and Chrysler Sebring are made. The selling price is $20 million, at the high end of estimates of the plant’s worth, with the sellers likely taking advantage of Chrysler’s need for [...]
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January 20th, 2010 by DaveAdmin
In response to a question from Toledo Blade reporter Larry P. Vellequette on how much Chrysler engineering would go into the next generation Liberty and mid-sized C-segment cars (Sebring/Avenger replacements), Sergio Marchionne said:
The only thing we’re delivering to Chrysler is the basic platform. Everything from that point on, once we deliver it, is up to [...]
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January 18th, 2010 by DaveAdmin
Based on fast-feedback data from dealers, Chrysler issued a recall of seven 2010 model year vehicles (Sebring/Avenger, Liberty/Nitro, Ram, Commander/Grand Cherokee) to replace a brake booster input rod retaining clip. A problem with the clip may result in its loss, which could cause brake failure. The recall is to start this month. We don’t know [...]
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January 15th, 2010 by DaveAdmin
The Chrysler Sebring, which has been savaged by some critics, is likely to get a new name when it is re-engineered for a brief two model year run. Sergio Marchionne, in an interview/press conference, said, “We’ve rolled up our sleeves and have torn apart that architecture to make sure he has a car that can [...]
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December 24th, 2009 by DaveAdmin
Sergio Marchionne announced, in Italy, that numerous Chrysler-based Fiat cars will be launched in 2011 throughout Europe. In addition to the future Ypsilon and Panda and two compact MPVs, which will be Fiat designs, five vehicles will be introduced from Chrysler. One will be sold as a Fiat, the rest as Lancia, all “derived from [...]
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December 9th, 2009 by Bill Cawthon
Chrysler CEO Sergio Marchionne said the Sterling Heights Assembly Plant will remain in operation through 2011. The plant was scheduled to be shuttered next year but company executives, recognizing the need to improve its position in the mid-size car segment, gave it an extension. Marchionne also said he expects the next-generation Sebring will be built [...]
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