Chrysler is recalling over 25,000 SUVs because of some braking issues.
Detroit’s three automakers — Ford, Chrysler and General Motors — are increasingly anxious about the 78-year-old union’s future. For them, it’s a “devil you know” situation.
“Fiat Chrysler Automobiles” will be the name of the combined company. CEO says it will not impact workers in the Detroit area.
Italian automaker Fiat SpA says it has an agreement to acquire the remaining shares of Chrysler.
The December holiday season normally is a good time to buy as dealers clear out old models and sales people feel pressure to meet year-end targets.
The federal government’s 2008-09 bailout of General Motors and Chrysler actually saved the country $92 billion, a 768 percent return on the government’s investment.
Chrysler won’t be offering its stock for sale on the public markets this year.
The Consumer Electronics Association announced that a record nine automotive manufacturers will exhibit at the 2014 International CES, formerly known as the Consumer Electronics Show, Jan. 7-10 in Las Vegas, in 140,000 square feet of show space, up 25 percent from the 2013 event.
Chrysler is recalling about 1.2 million Ram trucks to fix front-end problems that could lead to steering troubles.
Durango sales have reportedly increased by 59 percent since the ads began running, and web traffic has jumped 80 percent.