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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: Jim Press

Jim Press stories: 3 news summaries

(Newser) - Chrysler isn’t facing imminent bankruptcy, its vice chairman told the automaker’s dealers today. “Nothing has changed,” Jim Press said on a conference call, three participants tell the Wall Street Journal. Chrysler still plans to restructure outside of bankruptcy and cut a deal with Fiat. But Press... More »

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Chrysler bankruptcy Jim Press auto industry Fiat auto bailout

Chrysler to Cut 30% of Models

Will also slash network of dealers

(Newser) - Chrysler plans to cull its Chrysler, Jeep and Dodge brands by at least a third, and drastically reduce the network of 3,600 dealers selling its vehicles to reduce costs, reports the Wall Street Journal. Chrysler dropped three models last year, leaving it with about 30 product lines. The company... More »

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Chrysler Cerberus Capital Management model Robert Nardelli Jim Press dealers

Chrysler Pilfers Toyota's Top
US Executive

Firm's highest-ranking non-Japanese
ever jumps ship

(Newser) - Toyota North America's president will become the new co-president and vice chairman of Chrysler, the Detroit Free Press reports. Jim Press, the highest-ranking non-Japanese exec in Toyota's history, brings a reputation as a talented manager to Chrysler, which is in the process of transforming into a private company after being... More »

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Chrysler Toyota Detroit Robert Nardelli Tom LaSorda Jim Press auto industry

3 Stories