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'The Enterprise We Are Crafting is Not Yet Complete'

by Mike Driehorst


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...
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Future's So Bright, We Gotta Wear ...

by Mike Driehorst


If you haven't heard yet, Chrysler Group had a private, confidential dealer announcement show this week where we let our business partners in on our plans for the next couple years or so. (Or, at least we tried to have a private, confidential show.)

As you can see below, we talked with a handful of dealers, and, collectively, we're excited about the prospects of the recent, positive, successful momentum not letting up.


The 6,000 attendees from 2,600 dealerships and suppliers saw 66 new cars, special editions and new models that we plan to roll...
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Marchionne: "Focus on rebuilding a great car company"

by Mike Driehorst

It's mid-way through 2011 and Chrysler Group LLC continues on the right track. We're still less than two years removed from November 2009 when the company's five-year business plan was laid out, but progress does continue.

 

That was evident in the second quarter 2011 results Webcast and conference call July 26.

 

You can read plenty of the details and analysis on Chrysler Group second quarter 2011 earnings at plenty of sites on the web. At the right are our basic financials.

 

Below are the highlights and some key points you may not find elsewhere....

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Under the Pentastar: May 27, 2011

by Blog Editor

It's been a historical  week in the life of Chrysler Group LLC, as well as for FIAT Brand North America. If you missed any of the week's news, our own Betty Newman catches you up...Under the Pentastar.

  • Chrysler Group LLC pays off U.S. and Canada government loans
  • Employee reaction to the refinance
  • Michigan's first stand-alone studio opens for FIAT Brand North America
  • New Chrysler Brand TV ads

 

 

 

Chrysler Group Pays Back Gov't Loans; Marchionne Calls Day 'Major Milestone'

by Mike Driehorst

 

 

It's a day 23 months in the making, six years ahead of schedule, and a day during which Chrysler Group CEO Sergio Marchionne spoke both praise and caution.

 

And, the highlight transpired at 10:13 a.m. when Marchionne received confirmation from Citigroup that company's wire and bank transfer of payments to the U.S., Canada and Ontario governments were received and Chrysler Group's $6.7 billion loan was paid in full, with interest.

 

Marchionne spoke to Chrysler Group employees at the company's headquarters at noon (above), and then headed to the Sterling Heights...

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