Funky Cars > Cars hit hardest in Chrysler sales collapse - Automotive News

[Automotive News - People News Feeds] DETROIT -- Chrysler LLC suffered a sales decline steeper than any other automaker in January -- down 55 percent from January 2008, to be exact. The decline spanned most of the lineup, but car sales were hit particularly hard.

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[Australian Car Advice | News Blog] Chrysler & GM offer more worker buyouts » Australian Car Advice ...: While no comment could be secured from the GM camp, Chrysler confirmed the planned buyouts in a statement which said “Given the difficult economic and market conditions in the US, Chrysler LLC determined in December 2008 that it would .

[DealBook] Chrysler’s New Ally Takes a Pragmatic Approach - DealBook Blog ...: In exchange for a 35 percent stake, Fiat will let Chrysler build small cars using a number of its “platforms” ”” the automobile industry term for the mechanical underpinnings of a vehicle, including engines ”” so that Chrysler can broaden its lineup beyond large pickups, S.U.V.’s and minivans. This current mix is one reason Chrysler’s sales have fallen so quickly over the last year.

[Kokomo Tribune; Kokomo, Indiana--Local News] Kokomo Tribune; Kokomo, Indiana - NEW: Fiat deal may risk Chrysler ...: The union supports Chrysler's bid for an additional $3 billion and has been in talks with Chrysler on cost cuts that are required by the $4-billion loan. Under the terms of the loans written by the Bush administration, Chrysler and GM must show how they can be competitive, pay back the government loans and reach a "positive net present value," an accounting hurdle that could be particularly challenging given their debts.

[Live News from PR-GB.com] PR-GB.com... News from origin - Chrysler Reports Progress on Fiat ...: The alliance would give Chrysler immediate access to substantially all Fiat group vehicle platforms, which would complement Chrysler's current product lineup with fuel-efficient, environmentally friendly small cars and powertrain technology, saving Chrysler years of development time and billions in costs. Using Fiat's distribution system, Chrysler would be able to greatly increase the global reach for the Chrysler, Dodge and Jeep(R) brands in markets outside of North America, thereby creating incremental production volume to help fill idle capacity at existing Chrysler manufacturing plants.

[Chrysler Blog] Chrysler LLC: Chrysler Corporate Blog - Dodge, Chrysler, Jeep ...: In this week's edition of Under the Pentastar, Betty Newmanrecaps comments from Chrysler Chairman and CEO Bob Nardelli on theproposed Fiat alliance, the Employee Plus Plus pricing program andoffers some comments from consumers attending the North AmericanInternational Auto Show in Detroit.

[GlobalMotors.net] Fiat and Chrysler announce partnership | GlobalMotors.net: Outside of North America, 2008 was the second-best sales year in the last decade and the third-best ever for Chrysler International. Chrysler LLC’s product lineup features some of the world’s most recognizable vehicles, including the .

[Straightline] Fiat Boss: Chrysler "needs to stand up on its own two legs ...: That could present something of a problem for the deal considering that some on Capitol Hill are wondering aloud why federal money should go to Chrysler, which would be 35 percent owned by the Italian automaker. The U.S. Treasury has already lent Chrysler $4 billion and the company is asking for an additional $3 billion.

[Driving Sports] FIAT takes 35% stake in Chrysler - Driving Sports: The agreement will offer both companies opportunities to gain access to most relevant automotive markets with innovative and environmentally friendly product offering, a field in which Fiat is a recognized world leader while benefitting from additional cost synergies. The deal follows a number of targeted alliances and partnerships signed by the Fiat Group with leading carmakers and automotive suppliers over the last five years aimed at supporting the growth and volume aspirations of the partners involved,”

[Car Tech: An automotive blog from CNET] The plan: 7 Fiat vehicles for U.S. | The Car Tech blog - CNET Reviews: In a report on the proposed alliance, Michael Robinet, CSM Worldwide vice president of global forecasting, said Chrysler is uncompetitive in the compact and midsize segments. "Fiat offers Chrysler the ability to field small/compact unibody offerings with stronger global scale and increased fuel efficiency," Robinet wrote.

[Chrysler Blog] Chrysler Blog - Open Letter to Stakeholders: Under the agreement, Chrysler will have access to all Fiat groupvehicle platforms, with the exception of Ferrari, which wouldcomplement our current product portfolio with fuel-efficient,environmentally-friendly small cars and powertrain technology. Thealliance would greatly increase the global reach for our Jeep,Dodge and Chrysler brands in markets outside of North America, andFiat's distribution organization would provide Chrysler a strongpartner to help build our brand's presence in important marketswhere we have little presence today.

[BNET Auto] Chrysler’s Plans With Fiat: Work in Progress? | BNET Auto Blog | BNET: Chrysler’s emerging alliance with Fiat is still in its infancy, but because the deal gives the U.S. carmaker access to a rich trove of Italian small car platforms speculation is rife. What’s coming here, and will the forthcoming cars be badged as Chryslers, Fiats or even Alfa-Romeos?

[MotorTrend Magazine Blogs] Chrysler Confirms Fiat Alliance; Fiat Gets 35 Percent | Car News ...: While it might make sense for Fiat to re-enter the American market with subcompacts and Alfas it will be expensive for them to start the production in the U.S. - even if they can use Chrysler facilities, they still need to have the tooling, procedures etc. in place, and the cars will be produced at UAW prices.

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