StaffAll cars at AllparTrucksUpcoming carsRepairsReviewsEngines

Chrysler reports 33% decline in U.S. sales for October 2008

Chrysler LLC today reported total September 2008 U.S. sales of 107,349 units, down 33 percent from the same period last year. Total September sales reflect a highly volatile economic environment, ongoing segment shifts and reduced fleet and lease volume.

Chrysler LLC’s minivan sales thrived in September based on their appeal as fuel efficient, multi-passenger vehicles. Compared with September sales in 2007, the Chrysler Town & Country achieved a 6% increase with sales of 9,229 units,

Read the full story: Chrysler reports 33% decline in U.S. sales for October 2008  »


Bush signs off on automaker loans

Bush signs off on automaker loans

President Bush signed a $630 billion government spending bill on the last day of September. Included in the legislation is the funding for the $25 billion in low-interest loans for the auto industry.

The loan program, to be administered by the Department of Energy, is intended to help car companies retool plants to produce a new generation of more efficient vehicles.

The industry did not get everything it wanted: U.S.

Read the full story: Bush signs off on automaker loans  »


Chrysler shows 25th anniversary minivan

 

Twenty-five years after it first invented the modern minivan, Chrysler is introducing the “25th Anniversary Edition” special model. This model features new interior premium appointments, such as a Dark Slate Gray color palette, Blackwood accents, satin finishes and new leather seats with French-seamed stitching. Special “25th Anniversary Edition” badging is incorporated inside and out.

Exterior equipment on the 25th Anniversary Edition includes unique 17-inch aluminum wheels,

Read the full story: Chrysler shows 25th anniversary minivan  »


More jobs ending at Chrysler today

More jobs ending at Chrysler today

The job cuts continue at Chrysler. About 250 salaried employees will be losing their jobs and most of them will learn that today is their last day at Chrysler.

The layoffs are part of a previously announced plan to eliminate 1,000 salaried positions by the end of the month.  In a statement issued Thursday, Chrysler spokesman David Elshoff said three-fourths of the goal had been achieved through voluntary separations but added,

Read the full story: More jobs ending at Chrysler today  »


Chrysler invests in Kokomo casting plant for Phoenix engines

Chrysler invests in Kokomo casting plant for Phoenix engines

According to the Kokomo Tribune, Chrysler will invest $68 million in the Kokomo Casting Plant to make engine blocks for Chrysler’s new Phoenix six-cylinder engine and parts for the automated manual transmissions to be built in Tipton County. The Kokomo Common Council is considering a tax abatement on the new equipment on Monday; even with the tax breaks, around $2.76 million would be added to local tax revenue over ten years.

Read the full story: Chrysler invests in Kokomo casting plant for Phoenix engines  »


Dodge Ram Lone Star debuts

Dodge Ram Lone Star debuts

Dodge has introduced the Lone Star Edition Dodge Ram 1500, a Texas-exclusive model honoring Dodge’s largest single truck market. The modified Ram Crew Cab 1500 SLT model includes the RamBox, 390 horsepower Hemi, a lighting group, leather-wrapped steering wheel with audio controls, overhead console, and Lone Star badging. The package is $1,500 above the normal cost of a Ram 1500 Hemi, a savings of $750 over getting the items separately (other than the exclusive Lone Star badging).

Read the full story: Dodge Ram Lone Star debuts  »


House approves automaker loans; bill goes to Senate

House approves automaker loans; bill goes to Senate

The House of Representatives overwhelmingly voted to approve a larger spending bill which includes an initial $7.5 billion to fund loans to automakers and administration of the loan program, with a goal of retooling older plants to build more fuel efficient vehicles. The vote was 370 to 58; the bill will keep the government running in the new fiscal year, which starts on October 1, and is expected to win easy passage.

Read the full story: House approves automaker loans; bill goes to Senate  »


Cerberus to buy the rest of Chrysler from Daimler: no longer a rumor

Cerberus to buy the rest of Chrysler from Daimler: no longer a rumor

According to Reuters, as quoted in Automotive News, Cerberus is planning to buy the remaining 19.9% of Chrysler from Daimler. The deal could be finalized by the end of October, and would be a strong vote of confidence in Chrysler’s future.

Daimler spokesman Han Tjan has confirmed that Daimler is talking with Cerberus about selling its remaining stake in Chrysler.

Read the full story: Cerberus to buy the rest of Chrysler from Daimler: no longer a rumor  »






Staff details/contactsTerms of ServiceInformation is presented to the best of our knowledge. Plans change and sometimes mistakes are made. Decisions or purchases made based on this site's verbiage or images are done at the reader's own risk. Also see the Allpar News archives, 1997-2008 • Copyright © 2008-2017, Allpar LLC. All rights reserved. • Mopar, Dodge, Jeep, Chrysler, HEMI, and certain other names are trademarks of Fiat Chrysler Automobiles.