Getrag-Chrysler joint venture goes bankrupt

Getrag-Chrysler joint venture goes bankrupt

According to Automotive News, Getrag Transmission Manufacturing LLC has declared bankruptcy. Chrysler recently left the joint venture, claiming that Getrag had failed to obtain $300 million in financing without Chrysler loan guarantees. The factory which was to have made dual-clutch automated manual transmissions has been built, but tooling has not been set up. Getrag and Chrysler are suing each other, Chrysler for Getrag’s failure to obtain financing without loan guarantees,

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Chrysler execs get millions while asking for US aid

Chrysler execs get millions while asking for US aid

DaimlerChrysler left Chrysler with a “retention incentive plan” which will give around $30 million in bonuses to 50 executives, according to the Detroit Free Press in a story affirmed by Chrysler’s Nancy Rae, executive vice president for human resources and communications. The story notes that Rae said the plan made sense at the time, because Daimler wanted to assure buyers that key executives would stay with the company after it was sold —

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Jeep starts building Jeep J8s in Egypt

Chrysler LLC and the Arab American Vehicles Company today announced the launch of the Jeep J8 military, commercial, and agency utility vehicle.

Unveiled at the 2007 Defence Systems and Equipment International military trade show in London, the Jeep J8 is available as a two-door with an extended pickup bed, or as a four-door. It will be produced with numerous vehicle-body and seating configurations in either right- or left-hand drive.

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Hall-of-Famer Ralph Gilles

Ralph Gilles, Chrysler’s Vice President—Design and lead exterior designer for the 300C, will be inducted into the Macomb Hall of Fame tonight for his design contributions to the Dodge Ram, which is built at the Warren Truck Assembly Plant in Macomb County.

The Macomb Hall of Fame recognizes individuals and organizations that have made outstanding contributions toward building Macomb County’s communities through charitable acts, good works,

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Sterling to cease operations; Bullet dropped

Sterling to cease operations; Bullet dropped

Sterling, which was purchased by Daimler-Benz eleven years ago, is ceasing production of its L-line, A-line, and Acterra trucks as of March 27, 2009. New orders for these vehicles will be accepted through mid-January, 2009. However, orders for the Sterling Bullet, Sterling’s version of the Dodge Ram 4500 / 5500 chassis cab – built in Mexico by Chrysler – are no longer accepted. 

Sterling had negative earnings in eight out of the eleven years it was owned by Daimler.

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Trio of Wranglers tackle transcontinental trek

Trio of Wranglers tackle transcontinental trek

German adventurer Matthias Jeschke is leading a team of intrepid explorers in three specially-equipped Jeep Wrangler Unlimited Rubicons on a drive from Paris to New York. Since the North Atlantic is a bit deeper than even the Wrangler can ford, they are going the long way: east, spanning the Eurasian continent, making a midwinter crossing of the Bering Strait and traversing the North American continent from Alaska to the Big Apple.

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All Belvidere employees offered buyouts; plant to stay open

All Belvidere employees offered buyouts; plant to stay open

Detroit News just broke the story: Chrysler is offering buyouts to all 2,600 employees at the Belvidere assembly plant in Illinois, along Route 80. Chrysler’s Ed Saenz said all 2,400 union and 200 administrative employees would be offered voluntary separation packages. The plant, which makes the closely related Dodge Caliber, Jeep Patriot, and Jeep Compass and had previously built the Neon, employed over 3,700 people as the year dawned,

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Dodge Challenger crash test: five stars, video

Carscoop noted that the NHTSA has crash-tested the Dodge Challenger, with five-star ratings for both driver and passenger, front and side impact; five stars for the rear passenger in a side impact; and four stars in rollover rating. Their Challenger had side curtain airbags and weighed 3,728 pounds. The dynamic test result, not surprisingly, was “no tip.” More data, video, and photos are at http://www.safercar.gov/portal/site/safercar/menuitem.db847bd57e3dc1f885dfc38c35a67789/?vgnextoid=c95df2905bf54110VgnVCM1000002fd17898RCRD

Read the full story: Dodge Challenger crash test: five stars, video  »



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