Posts Tagged ‘chrysler group’

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    by Patrick Rall July 2011 was a good month for the Chrysler Group as they lead the entire American auto industry in year over year sales growth among major automotive groups (July 2011 compared to July 2010).  The Chrysler Group sold 112,026 cars, trucks, vans and sport utility vehicles in July 2011 – a 20% …

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    by Patrick Rall This week, Chrysler and Fiat Chief Executive Officer Sergio Marchionne was speaking at the 2011 CAR Management Briefing Seminars in Traverse City, Michigan, some questions about the future of the Chrysler Group came up.  Many would expect some inane response about how they “don’t comment on future products”, but instead, Mr. Marchionne …

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    Chrysler Group LLC recently announced its preliminary financial results for the second quarter (Q2) 2011, demonstrating continued improvement in its operating and financial performance.  Chrysler Group LLC achieved modified operating profit of $507 million in Second Quarter 2011, up 177 percent from Q2 2010. They also fully repaid their bail-out loans, six years ahead of …

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    by Patrick Rall When Fiat SpA took control of the Chrysler Group in 2009, the United States government issued Fiat with a 20% ownership of the total Chrysler operations.  With that first 20%, came a group of goals that the US Treasury set for the Chrysler Group/Fiat. As the automaker reached each of the goal …

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    by Patrick Rall Recently, the Chrysler Group announced a major management shakeup as Dodge Chief Executive Office Ralph Gilles was removed from his position to clear up time in his schedule to run the newly formed SRT brand.  That’s right – the high performance Street and Racing Technology models from Dodge, Chrysler and Jeep are …