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Content Tagged As chrysler

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  • Fiat Chrysler recalls 1.4M vehicles to prevent hacking

    July 24, 2015 11:39 AM

    DETROIT - Fiat Chrysler has decided to recall about 1.4 million cars and trucks in the U.S. after two hackers were able to take control of a Jeep over the Internet. The company will update software to insulate the vehicles from being remotely controlled. It also says in a statement... more »
  • Chrysler announces fix after car hacker kills engine, brakes

    July 22, 2015 12:52 PM

    DETROIT -Fiat Chrysler said Wednesday that it has a software fix that will prevent future hacking into the Jeep Cherokee and other vehicles. The fix is a response to a recent article in Wired magazine about two well-known hackers, Charlie Miller and Chris Valasek, who remotely took control of... more »
  • Jeep to be built in China

    January 15, 2013 7:32 PM

    Jeeps will now be built in China as automakers Fiat, Chrysler and a Chinese car company made a deal in Detroit. Currently, Fiat, Chrysler and Guangzhou have a joint venture to build the Fiat Viaggio and markets the Fiat 500, Freemont and Bravo in China. Guangzhou discussed its plans for... more »
  • Romney campaign challenges criticism by automakers

    October 31, 2012 12:31 PM

    TAMPA, Fla. - Mitt Romney's presidential campaign is challenging criticism from U.S. automakers over campaign ads that claim General Motors and Chrysler are adding jobs in China at the expense of Ohio. Romney spokeswoman Andrea Saul said Wednesday, quote: "Their comments don't refute anything in our ad." Romney ads on... more »
  • Chrysler repays $7.6B in government loans

    May 24, 2011 12:38 PM

    DETROIT - Chrysler has eliminated most of its bailout IOU by paying off $7.6 billion in loans to the U.S. and Canadian governments. The company repaid the money on Tuesday and plans to celebrate with government officials at a factory near Detroit. Chrysler took $10.5 billion from the... more »
  • Chrysler to Repay Government Bailouts

    April 28, 2011 7:40 PM

    Chrysler says it will soon repay $7.5 billion in bailout money from the U.S. and Canadian governments, a sign the company is recovering from its near collapse two years ago. The company says it will get new bank loans and money from a new bond sale to retire the debt... more »
  • Obscene Tweet on Chrysler Account

    March 10, 2011 7:19 PM

    An obscene tweet posted on the Chrysler brand's official account got an employee fired when he criticized drivers in Detroit. The tweet read: "I find it ironic that Detroit is known as the motorcity and yet no one here knows how to (expletive) drive." The message has been deleted from... more »
  • Chrysler Moves Towards Profitability

    January 31, 2011 7:27 PM

    A fleet of new cars and trucks and lower costs is pushing Chrysler toward profitability two years after near collapse that required a bail out from the Federal Government. The net loss for the fourth quarter of last year was $199 million as opposed to the $2.7 billion loss a... more »
  • Chrysler Hopes to Refinance and Pay Gov't Debt

    January 10, 2011 7:17 PM

    The CEO of Chrysler says the company will try to refinance its government loans this year as it prepares for an initial public stock offering in hopes of paying off its debt. Sergio Marchionne says Chrysler can post a net profit for the first time since emerging from bankruptcy... more »
  • Chrysler makes partial payment on bail out

    May 17, 2010 8:17 PM

    Chrysler paid the Treasury Department $1.9 billion to settle a $4 billion loan. The department says while the money is short of the original loan, the amount is still more than the government expected to get. The loan was made during the Bush Administration when the government was scrambling to... more »
  • Ex car-car says GM, Chrysler exceed expectations

    May 10, 2010 8:07 PM

    The former head of the U.S. auto task force says General Motors and Chrysler have performed better than he expected they would a year ago. Steven Rattner says both companies exceeded the government's expectations in sales and restructuring. Both GM and Chrysler got billions in federal aid and went through... more »
  • Super Bowl ad for Chrysler

    January 14, 2010 8:19 PM

    Chrysler returns to advertising on the Super Bowl for the first time since 2004. It will showcase its Dodge brand in a 60-second spot in the world's most expensive advertising showcase. The Super Bowl is February 7. Chrysler won't say how much its paying but CBS is selling 30-second spots... more »
  • Vehicle sales figures released

    October 1, 2009 1:31 PM

    Ford, Lincoln and Mercury third quarter sales showed a 10.5 percent increase in the Southeast area (including Baton Rouge) when compared to the same period a year ago. Auto manufacturers released their sales numbers for September today. For Ford go to: http://www.ford.com/about-ford/news-announcements/press-releases/press-releases-detail/pr-ford26rsquos-strong-new-products-31055 General Motors' third quarter numbers and September... more »

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