The Windsor Assembly Plant has begun to make export-targeted minivans, including right-hand-drive and diesel versions, built on the same line as North American minis. The Chrysler Grand Voyager is sold in over 80 countries, in right and left hand drive configurations, with both petrol (gasoline) and 2.8-liter common-rail diesel (CRD) engines; the diesel is around 90% [...]
Canadian auto parts maker Magna, which had provided what some considered the most attractive offer for Chrysler less than two years ago, has now reached an agreement with General Motors to buy GM Europe (Opel and, in England, Vauxhall). The deal must be approved by Germany, which will be providing over $1.4 billion in loans [...]
Democrats have agreed on a proposed “cash for cars” bill that would provide people trading in cars and trucks getting less than 18 mpg (combined) with a voucher for $3,500 on a car getting at least 22 mpg. Those trading in on a vehicle that got at least 10 mpg more than their existing vehicle [...]
Fiat has answered the question of how the company planned to finance its takeover of Opel at the same time it would presumably need to invest funds into Chrysler. The company now plans to take over GM Europe and create a new corporation, which would be listed on a yet-unspecified stock exchange, combining Fiat, Opel, [...]
In their rush to send out key details of Obama’s auto plan, many journalists ignored important information. This is the full text; other documents are available from the White House.
One of the challenges we have confronted from the beginning of this administration is what to do about the state of our struggling auto industry. [...]
Chrysler continued its lackluster showing in Canada at #18 in sales, the final name before “other” in the Automotive News sales chart, finishing the year behind Jaguar Land Rover after sales dropped by 58% in December. For the year, Chrysler’s European sales dropped 22.5% despite the introduction of the Dodge brand.
Chrysler has re-organized their product development teams to reflect new processes and synergies. Key appointments are:
Scott Kunselman, Jeep/Truck Vice President. Reporting to Scott are several chief engineers for specific programs, as well as directors of program management, body engineering, interior engineering, and chassis engineering.
Daniel Knott, Car/Minivan/SRT Vice President. Again, reporting to Daniel are various chief [...]
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