Featured Video Posts
VEBA agreement 'an historic moment'
by Blog Editor
January 2, 2014 8:14 AM
Note: Shortly after the Jan. 1 news broke of the agreement between FIAT and the UAW regarding the VEBA Trust, all Chrysler Group employees received the news via email, from Fiat S.p.A Chairman John Elkann and Chrysler Group Chairman/CEO and Fiat S.p.A. CEO Sergio Marchionne.
In a spirit of corporate transparency, we have published it in its entirety below.
We are writing to you today with the emotion that comes from having worked for the last four and a half years to achieve industrial and cultural integration and now seeing it...
Record-Setting Matchmaker Event Pairs Purchasing With Minority Suppliers
by Jen Herman
September 13, 2013 9:34 AM
Tech Plaza, in the Chrysler Technical Center, is the closest thing we have to a town square. With its soaring four-story atrium and expansive open space, it's a perfect place for a major meet-up.
Not Exactly, Tesla
May 22, 2013 8:21 PM
On May 22, 2013, Tesla, a California-based EV manufacturer, said it has repaid a DoE loan adding: “Tesla will be the only American car company to have fully repaid the government.” (http://www.teslamotors.com/about/press/releases/tesla-repays-department-energy-loan-nine-years-early).
The information is unmistakably incorrect. It’s pretty well-known that almost exactly two years ago – May 24, 2011 – Chrysler Group LLC repaid (in full and with interest) U.S. and Canadian government loans more than six years ahead of schedule.
Question: short memory or short-circuit?
No Stopping This Sales Streak
March 1, 2013 10:07 AM
Chrysler Group sales chief Reid Bigland has called it the “ironman” streak — 34 straight months of sales gains.
But despite last month’s cautious words from Chrysler Group CEO Sergio Marchionne during a 2012 earnings call, the company’s February U.S. sales remained strong and increased over 2012 February sales, pushing the streak to 35. The final tally for the month was 139,015 cars, trucks, SUVs and other vehicles sold, for a 4% increase.
The Dodge brand proved its mettle in the face of those obstacles to be the driving force for continuing the...
'The Enterprise We Are Crafting is Not Yet Complete'
January 30, 2013 12:55 PM
CEO Sergio Marchionne has continually set a humble, nose-to-the-grindstone tone for the entire company since the Chrysler-FIAT venture began a few years ago.
Neither he nor the company have wavered from that tone, despite the recent bottom-line success the company has had, including the latest announcement of our 2012 financials.
"It's been an exceptional year," Marchionne said during a webcast this morning about our 2012 preliminary financial results. "We're looking at 2013 with the same level of confidence."
You can see PRNewswire for Chrysler Group 2012 preliminary financial results, but the bottom-line detail is that we had...