GMAC Statement on Financing of Chrysler Dealers, Customers
prsync (Free subscription) | 11/05/2009
Gmac press release - GMAC Statement on Financing of Chrysler Dealers, Customers
Chrysler dealers
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Chrysler-Fiat Press Conference: 2011 Fiat 500 Will Be Sold Scion-Style by Select Chrysler Dealers
Straightline (Free subscription) | 11/04/2009
The 2011 Fiat 500 will be sold through select Chrysler dealers, mainly in metro areas, by a dedicated staff within the dealership. Expect the sales process to be Scion-style with a huge list of accessories and no-haggle pricing. No word...
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Chrysler, Lagging Rivals, to Unveil Recovery Plan
New York Times (Free subscription) | 11/04/2009
DETROIT — will introduce its five-year plan for revival on Wednesday, including a streamlined product lineup that it hopes will win back buyers. Fabrizio Costantini for The New York TimesShoppers look at a Mustang at a Ford dealership north of Detroit. Add to Portfolio Its job is getting tougher by the month. Chrysler said on Tuesday that its new-vehicle sales in the United States fell...
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Dealers anxious as Chrysler stays mum on car plan
Denver Post (Free subscription) | 11/02/2009
Chrysler has been sending its dealers back to class, reminding them about the importance of courtesy and communication: Always return phone calls. Limit wait times. Open doors for customers.
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GM. Chrysler need more money
PrairiePundit (Free subscription) | 11/02/2009
Washington Times: Congressional overseers and many analysts are skeptical about the post-bailout prospects of success for General Motors Corp. and Chrysler Group LLC, and some say they will need to raise more cash as early as next year. Observers see little chance of another taxpayer bailout given the opposition to providing the automakers with $75 billion this spring and the administration's...
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David Cole: Ford’s Debt Adds $1500 to Cost of Every Vehicle
The Truth About Cars (Free subscription) | 11/06/2009
We tore David Cole a new one the other day, when the leader of the manufacturer and union-supported Center for Automotive Research suggested that trimming GM and Chrysler dealers wasn’t such a good idea—based on some schmoozing with his pals. Never let it be said that I won’t trot-out a dubious source when it suits [...]
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2010 Cadillac CTS Sport Wagon: It sleekly transports your stuff
L. A. Times Dodgers Blog (Free subscription) | 11/06/2009
Once in a while, the sport-wagon version of a great-looking sedan looks even better. In the case of the CTS Wagon, compelling exterior styling and cargo versatility give it the edge. When Italian car-making giant Fiat announced it would be taking over bankrupted, bailed-out Chrysler, I was skeptical. Indeed, I thought the whole plan had ingested powerful hallucinogens. Yet I continue to hope...
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Fiat 500 with a 1.4L Mutliair coming in 4th quarter of 2010
eGMCarTech (Free subscription) | 11/04/2009
Senior Vice President of Chrysler Powertrain, Paolo E. Ferrero, said that the Fiat 500 will be available in the North American market with a 1.4L Multiair engine in the fourth quarter of 2010. A 1.4L Multiair turbo will arrive in the fourth-quarter of 2011, Ferrero said. The Fiat 500 will be mainly sold in metro markets [...]
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GMAC posts smaller net loss in 3rd quarter, home lending unit weighs on results
Star Tribune (Free subscription) | 11/04/2009
GMAC has already received $12.5 billion in loans from the U.S. government, which owns a 35 percent stake in the company. The lender is a major player in the auto industry, providing loans for large number of GM and Chrysler dealers and customers.
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GMAC Financial Services net loss narrows in 3Q
San Fransisco Chronicle (Free subscription) | 11/04/2009
GMAC has already received $12.5 billion in loans from the U.S. government, which owns a 35 percent stake in the company. The lender is a major player in the auto industry, providing loans for large number of GM and Chrysler dealers and customers.
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