At Chrysler Now, the Fast Track Runs Downhill
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Chrysler has a backlog of gasguzzlers while consumers want fuel-efficient vehicles, and plant closings and job cuts are rumored to be in the works.
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DaimlerChrysler DCXGn.DE cut its   2006 operating profit forecast by around 1 billion euros ($1.27   billion) on Friday and predicted U.S. arm Chrysler could lose   1.2 billion euros in the third quarter, much worse than first   thought.
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A restructuring plan is designed to reduce the cost of producing each vehicle and more closely align Chrysler with its parent company.
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FRANKFURT, Germany -- Automaker Daimler AG posted its first quarterly loss since 2003, with charges of $3.7 billion from the sale of Chrysler offsetting big gains by its Mercedes-Benz Car Group.
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Chrysler Group, the embattled U.S. unit of DaimlerChrysler AG , reported an 8 percent drop in February sales on Thursday, becoming the last of the Detroit automakers to confirm weaker results for the month.
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The latest auto industry upheaval may indicate that DetroitÂs basic business strategy is irrevocably broken.
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FOXBOROUGH -- The car was unreliable, pocked with rust, perilously close to qualifying as a lost cause.
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Small and sporty cars in look-at-me   hues are leading a gradual color revolution in the automotive   world that is eroding classic silver's years of dominance,   albeit at a glacial pace.
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For all of 2006, the worldâs largest automaker reported a $2 billion loss but cited progress in its restructuring.
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No. 5 automaker hurt by slow Mercedes sales, but Chrysler remains steady.
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Long a symbol of power for American car companies, the V-8 engine is sputtering as Detroitâs Big Three promote smaller engines and alternative-fuel vehicles.
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James E. Press has been lured away from Toyota to serve as Chryslerâs co-president as the company continues its transformation.
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Kurt Busch was penalized and demoralized the last time he left Dover.
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Things got ugly in the aftermarket yesterday.
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The retailer misses its mark and lowers guidance.
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DETROIT -- DaimlerChrysler AG's Chrysler Group will cut deliveries to dealers by 90,000 vehicles, or nearly 24 percent, in the third quarter, as falling sales of trucks and SUVs have left it with bloated inventories, DaimlerChrysler Chairman Dieter Zetsche said Tuesday.
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Last season, when Dale Earnhardt Jr. finished 19th in the Nextel Cup points standings, his mouth often ran faster than his sluggish No. 8 Chevrolet.