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U.K. Vehicle Satisfaction Survey Rates Fiat Last, Just Below Chrysler
A new survey out of the U.K. by J.D. Power & Associated in association with automotive resource What Car? might be great new for Lexus… but it’s quite the opposite for both Chrysler and its new bosses at Fiat.
Chrysler May Reduce Brands to Just Dodge and Jeep
Chrysler, the brand that carries the name of the corporation behind it, may not do so for long. According to a report on AdAge.com, Fiat executives are looking at if they should keep all three Chrysler brands (Chrysler, Dodge and Jeep) and the most likely candidate to get axed is Chrysler itself.
Chrysler Bankruptcy May Take Two Years Says New Report
From start to finish, Chrysler’s bankruptcy proceedings could take as long as two years, according to a Bloomberg report. The article cites an administration official, and says that the initial period of 30 to 60 days for the “quick and surgical” process only refers to the period required to sell the major assets to a new company.
Chrysler Bankruptcy Filings Shed Light on Which Fiat Models Headed for U.S.
There has been plenty of speculation as to which Fiat vehicles will make it on to North American roads as a result of the merger with Chrysler, but thanks to bankruptcy filings, the mystery has been solved.
Chrysler Officially Bankrupt: Merger With Fiat A Done Deal
At a mid-day press conference President Barak Obama made the official announcement that Chrysler will in fact file for Chapter 11 bankruptcy protection. Included in the announcement was the news that Chrysler has also reached an agreement with Fiat.
Obama to Announce Chrysler Bankruptcy Tomorrow
President Obama is expected to announce tomorrow that Chrysler will in fact file for bankruptcy; according to a report by Bloomberg. The Wall Street Journal, however, says that Obama currently has two speeches drafted for tomorrow’s press conference: one if the struggling automaker files for Chapter 11, and one if it doesn’t.
Fiat Ready to Walk on Deal With Chrysler After Canadian Union Refuses to Budge
Fiat is about ready to walk away from a potential partnership with Chrysler says CEO Sergio Marchionne unless the U.S. automaker can significantly cut labor costs. While the United Auto Workers union has made it known that it is willing to work with Fiat and Chrysler management, the Canadian Auto Workers union isn’t.
MINI Working With Fiat to Build New Light Weight, Rear-Engine Model
According to a report in U.K.-Mag AutoExpress, MINI and BMW are currently working with Fiat to develop several new cars, including a new light-weight MINI model that will have its engine out back.
Chrysler and Nissan Cancel Plans for North American Small Car
While Chrysler and Nissan will continue to work together on one project, the companies have said that they have put on hold any plans to build a small car for the North American market – essentially killing any hope that we might get a vehicle based on the Dodge Hornet concept.