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 […] More »
By: admin | August 1, 2011
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 […] More »
By: admin | June 27, 2011
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 […] More »
By: admin | June 23, 2011
Building on the success of last year’s Mopar version of the Dodge Challenger, Chrysler Group LLC’s Mopar Division has launched a limited-edition Dodge Charger outfitted with select high-performance parts and appearance items straight from the Mopar parts catalog.
By: admin | May 9, 2011
Chrysler Group LLC (“Chrysler Group”) announced that it intends, subject to market and other conditions, to repay in full the outstanding obligations under the loans provided to Chrysler Group by the U.S. Department of the Treasury and the Canadian federal and Ontario governments. Chrysler Group intends to complete the repayment during the second quarter of […] More »
By: admin | April 28, 2011
