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Wednesday, February 21, 2018

Wiring Problem Spurs Chrysler Recall Of 895,000 Jeep And Dodge SUVs

By Jerry Hirsch, Los Angeles Times Chrysler Group is recalling about 895,000 Jeep Grand Cherokee and Dodge Durango sport-utility vehicles because of a wiring problem that could start a fire. The automaker said if one of these vehicles needs a repair that includes servicing the vanity mirror and/or headliner, the wiring — located inside the […]

July 11, 2014

U.S. Auto Sales Best Expectations For June

New York (AFP) – Leading automakers, including scandal-plagued General Motors, Tuesday reported better-than-expected June auto sales in the U.S., an indication of higher consumer confidence. Three of the four biggest auto sellers in the U.S. — GM, Toyota and Chrysler — notched increases from the June 2013 period, while Ford Motor reported a smaller decline […]

July 1, 2014

Chrysler Posts $690-Million, 1st-Quarter Loss

By Brent Snavely, Detroit Free Press DETROIT — Chrysler lost $690 million during the first three months of the year because of costs of repaying debt and repurchasing shares held by a UAW trust. The Auburn Hills, Michigan, automaker said it spent $504 million to repay debt to the UAW Retiree Medical Benefits Trust and […]

May 12, 2014

Chrysler Recalls SUVs Worldwide To Fix Brake Problem

Washington (AFP) – Chrysler said Wednesday it was recalling almost 868,000 sport-utility vehicles worldwide to fix a brake corrosion problem. Chrysler said it had launched an investigation after customers complained about stiff brake-pedal action, which was linked to one accident but no injuries. An estimated 867,795 Jeep Grand Cherokee and Dodge Durango SUVs of the […]

April 2, 2014

To Republicans’ Consternation, Chrysler Turns Profits

Reuters reports that Chrysler’s sales have outpaced European carmaker — and Chrysler parent company — Fiat’s sales in recent months. According to the analysis, Chrysler June earnings ($155 million) were only slightly less than Fiat’s three month total (Fiat earned $175 million from April through June). These impressive numbers have enabled the once-troubled American company […]

July 22, 2011

GM Chief: “People who have jobs buy cars.”

General Motors CEO Daniel Akerson recently laid out why the continued problem of unemployment could threaten successful Obama economic policies, like the bailout and rescue of GM and Chrysler. “I worry about a jobless recovery, because people who have jobs buy cars,” he told shareholders in Detroit. (The federal government still owns more than a […]

June 9, 2011