Chrysler

RECENT NEWS
New York Times  5 hrs ago  Comment 
The popular Jeep sport utility vehicles and higher profit margins were behind the increase, and the carmaker says a penalty for safety violations won’t slow it down.
Reuters  Jul 30  Comment 
Fiat Chrysler CEO Sergio Marchionne says:
Wall Street Journal  Jul 30  Comment 
Fiat Chrysler reported a two-thirds jump in second-quarter profit as it showed a strong improvement in its North America margins and consolidated a timid turnaround in Europe.
Yahoo  Jul 29  Comment 
Fiat Chrysler Automobiles NV will face a shortage of new products in North America over the next 18 months, especially hot-selling trucks and crossover vehicles, according to three sources familiar with the company's plans. While the...
Benzinga  Jul 29  Comment 
The National Highway Traffic Safety Administration has been under the microscope recently after several high profile automakers were found to be operating dangerously and putting the public at risk. The organization claims that carmakers are often...
Wall Street Journal  Jul 28  Comment 
A Georgia judge reduced legal damages against Fiat Chrysler Automobiles stemming from a jury verdict in a trial over a fatal Jeep fire, providing the company some financial relief as regulators hit the auto maker with a record fine for recall lapses.
New York Times  Jul 28  Comment 
The automaker could pay up to $105 million in addition to giving authority to an independent safety monitor, buying back defective vehicles and paying consumers to participate in a Jeep recall.
New York Times  Jul 27  Comment 
Federal regulators on Sunday levied a record penalty against Fiat Chrysler Automobiles for failing to complete 23 safety recalls covering more than 11 million vehicles.




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Chrysler was bought by private equity firm Cerberus Capital Management from Daimler AG in 2007 for $7.4 billion, or one-fifth of the $37 billion Daimler paid in 1998. In addition to the Chrysler brand, the company also controls the Dodge and Jeep brands.

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