Chrysler executive says fuels key to success
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Research and development in fuel alternatives for gasoline should be the auto industry's top priority, even in a weakened economy, and even if it means companies delay expanding or other expensive strategic decisions, the president of Chrysler LLC said on Tuesday.
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Despite rising fuel prices that threaten sales of Ford Motor Co.'s bread-and-butter trucks and sport utility vehicles, chairman Bill Ford says the nation's No. 2 automaker is poised to sustain a financial turnaround by increasing its retail sales in the crucial American market.
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Chrysler Group should end 2006 with a   higher market share than it held during the earlier months of   what has been a "difficult" year marked by declining sales and   market share, a senior executive said on Wednesday.
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It seems that the players in the Chrysler Championship all have different goals.
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American Chrysler is not a basket case, despite all the news. Too bad that may not stop its dismemberment.
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VANCE, Ala.  - Cerberus Capital Management LP  is on track to conclude its $7.4 billion acquisition of Chrysler Group, DaimlerChrysler Chief Executive Dieter Zetsche said on Wednesday.
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DaimlerChrysler (DCXGn.DE) will  consider a wide range of strategic options for its loss-making  U.S. arm Chrysler Group, the world's fifth-biggest carmaker  said in a statement on Wednesday.
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Chrysler dealers, meeting as a  group for the first time with the struggling automaker's new  management team, on Sunday expressed support for a newly  unveiled plan to shrink Chrysler's retail network and  streamline its product line-up.
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A major Chrysler Group retailer expects the struggling No. 4 U.S. automaker to maintain its share of the pickup truck market this year by offering generous discounts in the face of tough competition.
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DaimlerChrysler AG's Chrysler division on Thursday said it will save &#36;100 million a year from production of a new jointly developed four-cylinder engine that is more powerful, cleaner burning and far more advanced than the one it builds today.
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DaimlerChrysler AG Chief Executive Dieter  Zetsche said on Wednesday the German-U.S. auto maker was  sticking to its forecast for an operating profit of more than 6  billion euros for 2006 despite sales difficulties at its U.S.  Chrysler division.
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A detailed sales prospectus for  Chrysler Group will be ready for potential buyers of the  automaker soon, a source close to the process told Reuters on  Friday.
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SHANGHAI, Sept. 7 -- Chrysler lured its second high-profile executive in as many days, appointing SAIC Motor's Phil Murtaugh as chief executive of its Asian operations Friday.
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DaimlerChrysler AG's   U.S. head of product development said on Wednesday that the German-American carmaker's Detroit and Stuttgart-based units plan to share more components and platforms -- and one day could be building their vehicles in common plants.
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DETROIT, Jan. 14 -- Mitt Romney said Monday that as president he would ease fuel-efficiency standards and spend billions more in federal money to bolster struggling automakers, a direct appeal to voters in a state that is likely to determine whether his campaign remains competitive or is relegated...
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DETROIT -- The Chrysler group expects to save about $100 million annually when it begins building a new generation of four-cylinder engines with two Asian partners in September.
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Chryslerâs chief executive indicated it might be weeks or months before the automakerâs future can be determined.