March 7th, 2010 by DaveAdmin
Chrysler dealers who live up to all corporate goals for customer service can get up to $200,000 per quarter, according to Bradford Wernie of Automotive News. The new plan is a departure from the existing Five Star in providing direct financial rewards, and, equally or more importantly, by being monitored through an outside auditor rather [...]
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February 20th, 2010 by Bill Cawthon
Fiat and Chrysler CEO Sergio Marchionne received a bonus of about $1,835,000 last year from Fiat SpA, boosting his total compensation to almost $6,525,000 a hefty boost over the $4,622,000 he was paid in 2008. Marchionne’s base salary is roughly equivalent to $4,146,000. European “cash-for-clunkers” incentives drove car sales to high enough levels for the [...]
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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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February 11th, 2010 by Bill Cawthon
Ralph Gilles, CEO for the Dodge brand and Chrysler Groups’s chief stylist, wants the automaker to revitalize its creativity by taking a few pages from the Apple Computer playbook.
Gilles, who was filling in for Chrysler CEO Sergio Marchionne at the Economic Club of Chicago’s annual auto show luncheon, identified Steve Jobs, iconic Apple CEO, as [...]
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February 8th, 2010 by Bill Cawthon
The plant that has been cranking out PT Cruisers for the past decade will soon be producing another iconic automobile.
Chrysler CEO Sergio Marchionne announced the company will spend $500 million to retool the plant for production of the Fiat 500 beginning in late December of this year.
Unlike other most other vehicles that will spring from [...]
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January 22nd, 2010 by DaveAdmin
An anonymous source sent us this audio recording of one of Sergio Marchionne’s press conferences today. Several Canadian newspapers appear to be represented in this group.
Listen to or download the clip (AAC / M4A format)
Your thoughts? Did you find anything we missed?
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