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Category: "Chrysler"

Chrysler Post $143 million Operating Profit, but still $197m Loss in First Quarter of 2010

Chrysler has posted a $143 million operating profit for the first quarter of 2019. This is a huge increase for the company who not too long ago was facing massive cost cutting measures after its 2009 bankruptcy.
Still, on a net basis, Chrysler lost $197 million in the first quarter. The automaker lost nearly [...]

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Fiat 500 On Sale In U.S. By End Of 2010

The Fiat 500 will go on sale in the U.S. by the end of the year, according to Dodge Car Brand CEO Ralph Giles in a speech to the Economic Club of Chicago.
Ralph stated that the Grand Cherokee will be on sale within the next three months. Given how desperate Chrysler is for new products [...]

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Dodge and Cummins Sign New Multi Year Deal for Diesel Engines

Ford uses Navistar, General Motors has worked with Isuzu Motors and Chrysler has Cummins. Of all the automaker diesel offerings, Chrysler’s pact with Cummins has lasted the longest (since 1989), and word from Chrysler’s official blog is that the two companies will continue to play nicely together into the future. According to a new post [...]

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Harald Wester is New CEO of Alfa Romeo, Maserati and Abarth

Since the merger of Fiat and Chrysler we have been expecting some major changes in terms of leading executives. Recently Lancia chief executive Olivier Fancois was named as the head of the Chrysler division. Now similar reports have placed Abarth, Maserati and Alfa Romeo under common leadership. That leadership is by Harald Wester. In his [...]

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Chrysler CEO Tells Everyone To Hold Him Accountable

Chrysler CEO Sergio Marchionne is giving his closing address after his leadership team finished outlining the automaker’s five-year plan.
“It’s comprehensive, it’s ambitious and it’s a serious plan,” he said. “It’s a plan for which this leadership team ultimately wants to be held accountable.”

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