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NEWS ABOUT: Chrysler

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And This Year's Top Super Bowl Ads Were...

Doritos' bungee baby, Clint Eastwood for Chrysler lead the way

(Newser) - Sure, the New York Giants won the game itself, but Doritos was the big winner of the Super Bowl contest that really mattered—the ad race. Doritos' baby bungee scored the most Twitter mentions, a big 48,498 tweets, reports the Wall Street Journal; it also took the top spot... More »

Chrysler Roars to $225M Profit

Finishes first profitable year since its bankruptcy

(Newser) - Call it a comeback if you want, because it looks like Chrysler is finally back on its feet. Detroit's smallest automaker posted a $225 million profit today to complete its first profitable year since its bankruptcy and bailout in 2009, the New York Times reports. The profit came on... More »

For Sale: Obama's Chrysler, $1M

300C owned by future president for sale on eBay

(Newser) - Before he helped bail out Chrysler, President Obama drove one. The 2005 Chrysler 300C once leased by the future president is now for sale on eBay —for the not-too-shabby starting bid of $1 million, reports the New York Times . (Note to Chrysler: If you could have made this business... More »

Car Sales Jumped 14% Last Month

Chrysler, VW saw huge gains

(Newser) - Americans may be worried about the economy, but they still need to get where they’re going. Auto sales beat expectations last month, rising 14% to 994,721, their fastest sales pace since August 2009, reports the AP . Chrysler led the pack: The automaker’s sales jumped 45%, Reuters reports.... More »

Chrysler Suspends Workers Accused of Drinking

Local TV crew films men at nearby park

(Newser) - "Work hard, party harder." Some workers at a Chrysler engine plant in Michigan might use this phrase to describe their ethic, but unfortunately, a local TV crew from WJBK-TV says it filmed only the latter. Chrysler suspended nine employees without pay after they were seen allegedly smoking pot... More »

US Sells All Its Chrysler Stock to Fiat

The 6% stake will sell for $500 million

(Newser) - The Treasury Department has reached a deal to sell its remaining 6% stake in Chrysler to Fiat for $500 million, making the Italian automaker Chrysler’s majority shareholder with a 52% stake, the Detroit Free Press reports. Fiat will then pay another $75 million for the government’s right to... More »

Car Crash Victims Screwed by Auto Bailouts

GM and Chrysler were freed from most of their legal responsibilities

(Newser) - When the government bailed out Chrysler and GM, it freed them from most of their prior legal obligations—including billions owed to the victims of crashes involving defective cars, the Wall Street Journal reports. Though the automakers agreed to continue to be liable for new lawsuits stemming from old vehicle... More »

Chrysler's Big News: We Repaid Bailout Loan

Announcement coming tomorrow at Michigan plant

(Newser) - Chrysler will announce with some fanfare tomorrow the repayment of $7.5 billion in bailout loans from the US and Canadian governments. CEO Sergio Machionne will announce the milestone tomorrow alongside White House manufacturing adviser Ron Bloom at Chrysler’s Sterling Heights, Michigan, plant, the Wall Street Journal reports. Chrysler... More »

Obama Should Campaign on Auto Bailout

Some Republicans were ready to let GM, Chrysler die: Jonathan Cohn

(Newser) - Barack Obama reportedly plans to make the auto bailout a key part of his reelection campaign, and Jonathan Cohn of the New Republic thinks that’s a great idea. Chrysler and GM are in much better shape, he argues—GM in particular is “reporting big profits, it is winning... More »

Chrysler Turns 1st Profit Since Bankruptcy

Revenue climbs 35% as Big Three return to profitablility

(Newser) - Good news for Detroit: The Big Three automakers are all profitable once again. Chrysler has reported its first net profit since leaving bankruptcy nearly two years ago, with a net income of $116 million in the first quarter. The firm saw revenue jump 35% to $13.1 billion compared to... More »

Critic Quits After Paper Softens Chrysler 200 Review

Most scathing lines removed after advertiser complained

(Newser) - You know that spiffy new Chrysler that Eminem is all excited about? The one that’s "imported from Detroit"? Well, apparently you can only be so critical about it in the Detroit News. The paper’s auto critic, Scott Burgess, made some rather scathing comments about the Chrysler... More »

Groupon's Tibet Ad Enrages; Other Hits, Misses

'Can anyone be more stupid than Groupon?' wonders one blogger

(Newser) - Man, isn’t the plight of the Tibetan people hilarious? Groupon hit a real nerve last night with a Super Bowl commercial that seemed to exploit said plight for yucks. “The people of Tibet are in trouble. Their culture is in jeopardy,” says narrator Timothy Hutton. “But... More »

Chrysler Only Lost $199M This Quarter

Expects to be profitable next year

(Newser) - Chrysler lost $199 million in the fourth quarter, but that qualified as good news for the beleaguered automaker—after all, it lost a whopping $2.7 billion over the same period in 2009, the AP reports. The company says it expects to jump to profitability in 2011, setting the stage... More »

Fiat Splits in Two, May Up Stake in Chrysler to 51%

But says it has no plans to merge operations

(Newser) - Fiat traded as two separate companies today, after spinning off its trucks and tractors units, which will henceforth be known as Fiat Industrial, from its passenger car business on Jan. 1. The move has been widely praised, and could lead to a tighter integration between Fiat and Chrysler, according to... More »

Goodbye, PT Cruiser: Chrysler Pulls Plug Friday

Retro car's sales had slowed to just 5,500 this year

(Newser) - The PT Cruiser was the unexpected smash hit of 2000, evoking images of Al Capone and tommy guns with its sleek retro lines, and catapulting its way to be Chrysler's sales juggernaut, with some buyers paying thousands more than the sticker price to get their hands on one. But a... More »

Chrysler Rolling Out 'Man Van'

It hopes to take the wimp factor out of the mini van

(Newser) - Chrysler has tackled the "soccer-mom" image of the minivan and came up with what it calls the "man van"—a special version of its Dodge Grand Caravan that it hopes will appeal to men. Expected to become available in a few months, the new minivan offers a... More »

US Vehicles Edge Out Imports in Quality

Ford highest-ranked carmaker overall, Toyota falls

(Newser) - American automakers scored higher marks on quality than their foreign rivals for the first time since the JD Power survey began in 1986, the Detroit Free Press reports. A dozen Ford models ranked in the top three in their segments, making it the highest-ranked automaker overall. Ford's namesake brand ranked... More »

Chrysler Launches Massive Recall

Order covers hundreds of thousands of Jeeps, minivans

(AP) - Chrysler is recalling almost 600,000 minivans and Jeep Wranglers in the US and another 100,000 elsewhere because of brake or wiring problems that could create safety issues, the company and federal regulators said today. The company is recalling 288,968 Jeep Wranglers from the 2006 through 2010 model... More »

GM to Restore About 600 Dealerships

Half of those that appealed will be allowed to stay open

(Newser) - About 600 GM dealerships are getting a second life. Of the 1,160 dealers who appealed orders to shut down as part of bankruptcy proceedings, approximately half will be allowed to stay open. But one dealer tells the Detroit News that it's no cause for celebration until the conditions are... More »

Best, Worst Super Bowl Ads

Megan Fox is great, but most ads are in 'meh' territory

(Newser) - It's a rare year when the Super Bowl itself eclipses the ads, but 2010 was such a year. Bob Garfield declares in Advertising Age that most of the spots were skippable and asserts he is "totally pro-TiVo." His picks for a few of the (relatively speaking) best and... More »

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