Posted on November 1st, 2011 • by Bill Cawthon
With a 27.0% increase in October sales, Chrysler had no trouble beating its crosstown rivals: Ford sales rose 6.2% while General Motors sales were up a scant 1.8% last month. As expected, neither Toyota nor Honda was able to match their numbers from last October but Toyota sales were strong enough to put it back [...]
Posted on September 20th, 2011 • by Bill Cawthon
With more negotiations between Chrysler and the United Auto Workers still to come, the terms of the new agreement between General Motors and the UAW have been made public. The entire contract runs 422 pages, but the UAW highlighted the new benefits for its membership. Jobs, investment and products: Spring Hill, Tennessee – two mid-size [...]
Posted on August 2nd, 2011 • by Bill Cawthon
Chrysler led the Detroit Three when it came to improved July light vehicles sales. Unfortunately, Toyota sales didn’t fall quite enough to allow Chrysler to remain in third place, but Chrysler did beat Hyundai/Kia, Nissan and Honda in nailing down fourth by almost 7,000 units. Manufacturer Jul-11 Jul-10 Change DSR CYTD 2011 CYTD 2010 Change [...]
Posted on February 11th, 2011 • by David Zatz
Fiat Powertrain has purchased half of VM Motori SpA, which supplies engines for some European Chrysler vehicles, from Penske. General Motors has owned the other half of VM Motori since 2007. GM and Fiat Powertrain released a statement saying that they would jointly manage VM Motori and continue existing contracts and relationships. VM Motori has [...]