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Two Cases of "Correction Allergy"by Gualberto Ranieri
August 11, 2010 8:18 AM
Gualberto Ranieri Senior Vice President, Corporate Communications Chrysler Group LLC CASE 1: A recent story in a well-known automotive trade weekly incorrectly reported the number of nameplates that Chrysler Group LLC is offering in 2010. I asked for a correction, but the publication refused, so I’ve decided to set the record straight here on our blog.
The publication “reported” we’re offering a total of 17 nameplates for 2010, but will boost that number to up to...
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Q2 Financial Results Show Progressby Ed Garsten
August 9, 2010 9:54 AM
Chrysler Group LLC showed an $183 million operating profit for the April-June time period and that's progress. That's a $40 million improvement over the first three months of the year and one of several signs the company is making progress. "The second quarter operating profit confirms that Chrysler Group is on track to achieve its goals, yet an extroadinary amount of work still lies ahead," said Sergio Marchionne, CEO< Chrysler Group LLC. More proof of progress? The company's net loss narrowed to $172 million, net revenues rose to $10.5 billion from $9.7 billion in the first quarter, cash increased to $7.8 billion, and U.S. marketshare improved to...  |
Big Day: Presidential Visit, SHAP to Stay Open Past 2012, New Jobs on the Wayby Blog Editor
July 30, 2010 2:03 PM
To roaring cheers, more than 1,500 UAW-represented employees at Chrysler Group LLC’s Jefferson North (Detroit) Assembly Plant (JNAP) welcomed President Obama to the home of the all-new 2011 Jeep® Grand Cherokee today. The President visited the Chrysler plant a little more than a year after the Company emerged from bankruptcy to see a company on the road to recovery. During the President’s visit, Chrysler Group CEO Sergio Marchionne announced that Sterling Heights (Mich.) Assembly Plant (SHAP), which was scheduled to close after 2012, will now remain open beyond that date. In addition, he announced that the Company will add nearly 900 jobs on... |
Under the Pentastar July 9, 2010by Betty Newman
July 9, 2010 4:47 PM
This
week's Under the Pentastar looks at the intro of the Mopar 10
Challenger, creation of a Fiat dealer network in the U.S. and a
customer satisfaction pledge.
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Chrysler Group Sales Climb 33% in May, New Incentives Set for Juneby Blog Editor
June 2, 2010 4:36 PM
(The Dodge Charger (above) along with the Dodge Caliber and Dodge Avenger Sedan each increased sales by triple digit percentages versus May 2009.) As you may have heard by now, Chrysler Group LLC today reported a U.S. sales increase of 33 percent. That’s certainly a good month for the company, but it also marked: The second consecutive year-over-year percentage sales improvement, and the first time that monthly sales have topped the 100,000 threshold since March 2009. Chrysler Group LLC reported total U.S. sales for May of 104,819 units, an increase of 33 percent versus May 2009 (79,010 units).... |
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