Cars
Chrysler Group Exec Feels Proud About the Brand's New Interiors
Speaking to an audience at the 2012 Management Briefing Seminars in Michigan on Wednesday, Chrysler Group's head of interior design Klaus Busse said that the company's bankruptcy played a positive role in improving the brand's interiors, which for the most part, were universally panned during the Daimler era. According to Autonews, Busse, a German ex-pat who remained with Chrysler when Mercedes-Benz's parent company Daimler jumped boat in 2007, said that after the company re-emerged from bankruptcy in 2009, the remaining employees had sense of shared purpose, as well as a bigger budget and an artistic freedom.
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Rumors: Chrysler To Kill Dodge Caliber In Late November
It’s been a bumpy road for the Chrysler Group's Dodge Caliber compact crossover that was introduced in 2006 as a replacement to the Neon, under the supervision of Mercedes-Benz's parent company Daimler, which then controlled the U.S....
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Audi To Pay Workers Hefty Bonus For 2008, Bmw And Mercedes-benz Say Nein
Among the three premium German automakers, the only company that will share part of its 2008 profits with workers is Audi as BMW and Mercedes-Benz's parent company Daimler decided not to pay a profit-sharing bonus for 2008. Audi AG will hand out €157...
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Chrysler Llc To Shut Down Most Plants From May 4
In both statements released to the press and the firm's employees, Chrysler LLC's outgoing CEO Bob Nardelli announced that while in bankruptcy, most manufacturing plants of the automaker will be temporarily idled. The lockdown will commence on...
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Daimler Posts €1,4 Million Loss In First Quarter Of 2009, Sales Down 34%
Only hours after announcing that it had agreed to unload its remaining 19.9 percent stake in Chrysler LLC, Daimler published its quarterly results which saw the company that owns Mercedes-Benz posting a €1,426 million loss before interest and tax...
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Breaking News - Chrysler
Chrysler has been SOLD for $7.4 billion dollars. The seller keeps 20% of the business, leaving the door open for economies-of-scale benefits and some giving/sharing/taking opportunities between Benz and the Chrysler Group. The buyer is Cerberus Capital...
Cars