Chrysler Pentastar

View Persona

Blog Editor

Articles written by Blog Editor:

October 14, 2008

Injured in Iraq, Veteran Finds New Direction as Auto Mechanic


John Harrell was serving his second tour in Iraq, and soon headed for home, when it happened. Harrell, a Marine machine gun squad leader, had been selected to go out as a senior leader to show the relief battalion an...



November 2, 2008

Reasons for Optimism in the New Reality

 

 

Jim Press is Vice Chairman and President of Chrysler LLC. The following comments were from a speech Press delivered to the Society of  Automotive Engineers in Detroit on Oct. 22.


Everyone in the auto industry is...



November 16, 2008

Chrysler Dealers Deliver Main Street Message to Washington


• Liquidity crisis hits dealerships in communities across all 50 states
• Thousands of dealers call for immediate temporary financial assistance for domestic automotive industry

As the U.S. Congress considers support for the domestic automobile industry, a select...



November 19, 2008

Chrysler CEO Testimony to House and Senate Committees


Chrysler LLC Chairman and Chief Executive Bob Nardelli, along with the CEOs of Ford Motor Co and General Motors Corp., will testify to the House Financial Services Committee, a day after appearing before the Senate Banking,...



December 2, 2008

Chrysler Makes a Case for Federal Loans


* Chrysler LLC Meets with Stakeholders in Support of Federal Bridge Loan for Automakers *

  • Chrysler LLC Chairman and CEO Bob Nardelli will drive to hearings
  • Virtual Road Show highlights local impact of auto industry
  • Focus on dealers, suppliers, local communities, trade and export...


December 2, 2008

Highlights from Chrysler Submission to Congress

CHRYSLER LLC SUBMISSION TO CONGRESS
PLAN HIGHLIGHTS
December 2, 2008

 

The first question is, what changes has Chrysler made to help itself? Since Chrysler became an independent company in 2007:


o We eliminated over 1.2 million units of capacity, or 30...



December 4, 2008

Chrysler Testimony to Senate Banking Committee

Following is the text of prepared oral testimony by Bob Nardelli, Chairman and CEO of Chrysler LLC, before the Senate Banking Committee on Thursday, Dec. 4. 

 

I appreciate the opportunity to represent the one million people who depend on Chrysler for their...



December 8, 2008

NASCAR Backs Auto Loans


We’re glad to see support for the auto industry, and recognition of the importance to the U.S. economy, coming from across America. People realize that the auto industry is critical beyond the Detroit region. Another supporter who has voices his...



December 19, 2008

An Open Letter From Bob Nardelli

To Chrysler employees and other stakeholders:


We have received news that U.S. Treasury Secretary Henry Paulson will provide $4 billion of initial funding to Chrysler LLC from the TARP (Troubled Assets Relief Program) as a loan to help bridge the current financial...



December 31, 2008

Seasons Greetings

As we near the end of 2008, we look back at the good works people at Chrysler have accomplished this year.



January 2, 2009

Statement Re Federal Assistance Received

 

Chrysler Chairman and CEO Bob Nardelli said on behalf of the leadership
team, that he was pleased to report that the Company's discussions with the
Treasury Department have been completed, and that today, Chrysler received
an initial $4...



January 16, 2009

Affordable Vehicle Financing Offered with Chrysler Financial

 

With the announcement of Chrysler Financial gaining access to $1.5 billion in loans from the Treasury Department, qualified new vehicle customers will be able to apply for zero percent financing for up to 60 months...



January 20, 2009

Fiat Group, Chrysler and Cerberus Announce Plans for a Global Strategic Alliance

 

Fiat S.p.A., Chrysler LLC (Chrysler) and Cerberus Capital Management L.P., the private investment majority owner of Chrysler LLC, announced today they have signed a non-binding term sheet to establish a global strategic alliance. 

 

The alliance, to be a key element of...



January 22, 2009

Employee Pricing, Cash, Zero Percent Financing

Now's a great time to buy a new Chrysler, Jeep® or Dodge with our new Employee Plus Plus program.

New vehicle customers receive employee price on all 2008 and 2009 Chrysler, Jeep, and Dodge vehicles
Customers also receive discounts of up to $3,500 on...



January 23, 2009

Playboy Says Challenger SRT8 is Hottest

Playboy Magazine knows hot, so we're pleased to let you know that Playboy has named the Dodge Challenger SRT8 "Hottest American Revival"  as one of  the winners in its annual Car of the Year competition. 



February 17, 2009

Nardelli Email to Stakeholders about Viability Plan

 

Chrysler LLC Chairman and Chief Executive Officer Bob Nardelli sent the following email to stakeholders today about the Viabillity Plan submitted to the U.S. Government. A similar email was also sent to employees.

 

Dear Stakeholders,

Today, Chrysler LLC submitted its viability plan to...



February 17, 2009

Press Release of Viability Plan

 The following is the press release sent about the Viability Plan delivered to the U.S. Government.

 

Chrysler LLC Viability Plan Submitted Today to The U.S. Treasury Department 

 

 

  • Chrysler LLC viability plan to be finalized by March 31 deadline
  • Chrysler to complete its aggressive...


February 17, 2009

Text of Viability Plan and Executive Summary

 

To see the entire Viability Plan, totaling more than 170 pages, go HERE. Give the Web page a minute or two to load up, it's a very large PDF file.

To see the Executive Summary of the Viability...



March 4, 2009

When Down is Up

 

Editor's Note: Chrysler climbed to the number two spot in U.S. sales among domestic automakers last month, beating Ford. Chrysler also outpaced the industry in U.S. retail sales. And in Canada, Chrysler was the number one selling...



March 13, 2009

Dealer Takes Issue With Writer's Column

Chrysler LLC dealer Jim Addis felt so strongly about an op-ed column that appeared last week in the Seattle Post-Intelligencer that he fired off the following letter that the paper published today. In his letter, Addis questions and corrects a number...



March 16, 2009

Fiat Alliance will Save Jobs, but Chrysler Also Viable as Stand-Alone - Nardelli


Chrysler Chairman and CEO Bob Nardelli sent an email to employees today in which he said the company has had "very constructive discussions" with the U.S. Treasury and the Presidential Task Force on the Auto Industry. Chrysler has emphasized in...



March 17, 2009

Update on Talks with the Auto Task Force

 

Only two weeks until March 31, the date when Chrysler must submit final plans to the U.S. Treasury that show how the company plans to be viable and repay the loans. Chrysler has been hard...



March 18, 2009

No Finger-Pointing - Focus on Solutions to Improve Quality

 

Finger-pointing doesn’t solve issues. To fix something, it’s better to focus on the problem and on a solution, rather than who or what is at fault. 

 

That’s the idea behind the creation last year of Chrysler’s...



March 30, 2009

Nardelli Statement on President's Auto Industry Task Force

The following is the Chrysler LLC statement in response to the announcement by the Administration, U.S. Treasury and President's Auto Task Force attributed to Chrysler LLC Chairman and CEO, Bob Nardelli. 


Today marks an important milestone for Chrysler LLC. We are encouraged...



April 30, 2009

Chrysler and Fiat Group Announce Global Strategic Alliance

Auburn Hills, Mich. , Apr 30, 2009 - Chrysler LLC today announced that, as a result of the comprehensive restructuring plan agreed to by many of its stakeholders, it has reached an agreement in principle to establish a global strategic alliance...



April 30, 2009

Chapter 11 Fact Sheet

 

 

What is Chapter 11?
Chapter 11 provides a company with time, under protection of the court, to reorganize its business and/or capital structure before having to meet the financial claims of its creditors. Unlike an insolvency proceeding or liquidation...



April 30, 2009

Chrysler Restructuring: More Information Here

For further information on the Chrysler restructuring, go to http://www.ChryslerRestructuring.com, where you will find court documents and other materials. That site will be continually updated in the coming weeks.



May 1, 2009

Under the Pentastar: May 1, 2009

 

A special edition of Under the Pentastar this week includes the global alliance with Fiat Group and the just-announced restructuring.



May 20, 2009

C. Robert Kidder to Become Chairman of Chrysler Group LLC


 

Chrysler LLC today announced that C. Robert Kidder, former Chairman of Borden Chemical Inc. and of Duracell International Inc., will become Chairman of Chrysler Group LLC, once it completes its acquisition of the operating assets...



June 10, 2009

Chrysler and Fiat Finalize Alliance

Chrysler Group LLC and Fiat Finalize Global Strategic Alliance;


New Chrysler Emerges as a Stronger, More Competitive Global Company
C. Robert Kidder to be named Chairman of U.S. Automaker
Sergio Marchionne to Serve as Chief Executive Officer

 

...


June 15, 2009

New Chrysler Executives Address Employees

Chrysler Group LLC CEO Sergio Marchionne addressed employees during a business meeting at Chrysler World Headquarters in Auburn Hills, MI on June 10, 2009 where he laid out the task ahead and explained his philosophy for achieving success. He was joined...



July 5, 2009

Fiat 500 Draws a Crowd at Laguna Seca

Taking center stage at the MotoGP Red Bull U.S. Grand Prix races in Laguna Seca, California, the Fiat 500 was available for inquisitive fans to explore in the Yamaha display. MotoGP Fiat Yamaha Team riders -- former...



July 10, 2009

Dodge Viper Lives!


Chrysler Group LLC announced today that production will continue for the legendary Dodge Viper SRT10. 

 

Originally slated to cease production in December 2009, the Chrysler Group Connor Avenue Assembly Plant -- the exclusive home of...



August 26, 2009

What’s Your Problem?

 

 

Problem solving starts with diagnosing what’s wrong, and not merely gathering reams of data on its symptoms.  It sounds easy, but it can be deceptively complex.  Chrysler Group LLC customer satisfaction team leaders,...



August 26, 2009

A Joint Statement from Nissan and Chrysler Group LLC

The following is a joint statement from Nissan and Chrysler Group LLC:

 

Nissan and Chrysler Group LLC today announced a mutual agreement to end three OEM vehicle-supply projects announced last year. For the past several months, teams from both companies...



October 5, 2009

Chrysler Group LLC Announces New Appointments

Chrysler Group LLC today announces brand and commercial organization changes. 

“The brand-focused strategy has been refined further with the unbundling of the Dodge Brand which now consists of the Dodge Ram Brand and the Dodge Car Brand organizations. This reorganization will allow us...



October 7, 2009

Response to Recent Jeep Grand Cherokee Stories

The following is a response to recent media reports regarding the Jeep Grand Cherokee:

The petition filed with National Highway Traffic Safety Administration by the Center for Automotive Safety presents a simplistic, unsubstantiated review of raw accident data. Indeed, its conclusions are...



October 12, 2009

Another Top 10 Finish for Busch

 

 

Dodge Motorsports has all the details, which you can see in full after the jump.  But the Chase is definitely a marathon and not just a sprint.  Kurt Busch seems to be keeping...