Chrysler
Chrysler Articles
Chrysler’s second-quarter financials are back in the black. Chrysler reported net income of $436 million for the second quarter, significantly better than the $370 million loss the company...
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New car sales in the US for December are forecast to rise 8.1%, including fleet sales, to an annual seasonally adjusted sales rate of 13.5 million new vehicles. The annualized sales rate is down...
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Chrysler has tried to rebuild its image under the management of Italian car company Fiat. The number three U.S. manufacturer even makes money. The issue that continues to nag the firm is whether...
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Experts say a Greek default would harm other EU nations and banks. (Reuters) Several insurers face large losses because of US weather damage. (Reuters) AIG (NYSE: AIG) will price shares to be sold to...
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Chrysler made money in the first quarter, a victory for the downsizing of the US car companies and modest vindication of the taxpayer bailouts of the auto industry. The Treasury will still lose money...
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Fiat is about to buy another 16% of Chrysler which would take its total stake to 46%. The deal would involve a payment of $1.5 billion, which does not value the No.3 US car company at very much. Fiat...
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Toyota Motor (NYSE: TM) will raise prices on some of its cars and light trucks by 2.2% in May. It is a risk worth taking if sales of all vehicles in the US will continue to rise as they have for...
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Americans may cut back car purchase as shipments of automobiles from Japan fall due to the earthquake and tsunami there. The effect on US car companies would seem to be positive, but it probably...
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The size of American labor unions has fallen sharply in the last decade. Much of this has to do with the erosion of the US manufacturing base. The single best example of this is the decline of The...
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A new forecast shows that car sales will drop in February from January when measured by the Seasonally Adjusted Annualized Rate. The February number will translate into an SAAR of 12.5 million cars...
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US domestic vehicle sales reached a a 27-year low in 2009 when only 10.4 million units were sold. The figure for 2005 was 16.94 million, a period of unusual prosperity. In other words, the car...
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Chrysler still bleeds money based on its third quarter earnings release. The numbers stand in contrast to recent profits reported by GM, Ford Motor (NYSE: F), and Toyota (NYSE: TM). The figures show...
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The recession is, by the standard measurement, over. The National Bureau of Economic Research’s Business Cycle Dating Committee said the downturn ended in June 2009. Most polls of individuals and...
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Today’s corporate America is dominated by service companies, tech firms, and huge retailers which have thousands of locations and hundreds of thousands of workers. At the end of the decade...
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“Under promise, over deliver.” Someone forgot to tell Chrysler CEO Sergio Marchionne. He announced that he intends to have an IPO for the No.3 US car company in the second half of next year. It...
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