Finland magazine: Dodge, Jeep hit 50 mpg

Finnish magazine Auto Bild Suomi took a set of two Dodges, a Chrysler, and a Jeep, boasting manual and automated-manual dual-clutch transmissions with diesel and gasoline engines, on a 12-hour trip to the Arctic circle, measuring gas mileage along the way via trip computer and at the end of the journey by inspecting actual gasoline consumption. The cars, which ran trouble-free at an average speed of 70 km/h,

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Chrysler makes more offers to shed workers

Chrysler makes more offers to shed workers

As of February 2, 2009, Chrysler is announcing another incentive program for retirement and special early retirement program, according to a missive forwarded to Allpar. The programs (IPR and SER for short) are based on “unprecedented conditions” and were approved by the UAW.

The incentive program includes a lump-sum payment equal to a pre-tax $50,000, and a vehicle voucher for $25,000 (pre-tax value is around $40,000). Employees taking this plan get regular pension benefits,

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Chrysler needs more money to close Fiat deal

Chrysler needs more money to close Fiat deal

Chrysler says it needs another $3 billion in federal loans to go through with its proposed alliance with Fiat. This is the same $3 billion that was withheld from Chrysler’s original $7 billion loan request.

CEO Bob Nardelli said if the loan is approved, the deal with Fiat could be closed quickly.

Chrysler is already facing a February 17 deadline to present a viability plan to the Treasury Department.

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Chrysler’s market share likely to improve this month

Chrysler’s market share likely to improve this month

Though sales remain under pressure, new incentives, better credit terms and a shift to light trucks caused by low gas prices should give Chrysler a larger piece of the U.S. light vehicle market for January. That’s the word, according to Chrysler Vice-Chairman Jim Press.

In a meeting with reporters, Press said, “We’re starting to gain some traction with our products.”

In other comments, Press said Chrysler could survive even if 2009 U.S.

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Treasury cuts lobbyist access

Treasury cuts lobbyist access

On his first day as President, Barack Obama placed severe restrictions on lobbyists to the White House. Treasury Secretary Timothy Geithner echoed this act in his own first day, with new rules that restrict contact with lobbyists seeking Federal aid under the $700 billion rescue bill which both GM and Chrysler have drawn on. The former Treasury Secretary had been criticized by members of both major parties for refusing to divulge details on how money was being spent,

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Mitsubishi adds five weeks of downtime

Mitsubishi adds five weeks of downtime

Mitsubishi has, according to Automotive News, announced five weeks of additional downtime at its factory in Normal, Illinois. The factory, which builds the closely related Eclipse, Eclipse Spyder, Galant, and Endeavor, was once a part of the Diamond-Star joint venture with Chrysler. Numerous automakers have been slowing or stopping production at plants across the world.

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Chrysler dealers asked to buy more cars

Chrysler dealers asked to buy more cars

In a closed-door meeting at the National Automobile Dealers Association convention in New Orleans, Chrysler president Jim Press asked dealers to continue ordering vehicles.

In the kick-off to a nationwide tour of Chrysler, Dodge and Jeep dealerships, Press and other company executives presented the case for Chrysler, sharing information about the viability plan the automaker will present to the federal government next month and discussing future products. Press told the assembled dealers that ordering the requested allocations,

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