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The US stock market rebounded as another series of corporate acquisitions stimulated investors to continue a largely uninterrupted months-long buying streak. The Dow Jones industrial average registered its 24th record close this year and the...
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EcoFactor: A green electric plug-in vehicle unveiled by Chrysler that is all set to hit production in 2009.
Think of electric vehicles and Chrysler is the last name...
made popular Sep 24 2008
AP, New York
Germany’s Daimler AG says it’s in talks to sell its remaining stake in Chrysler LLC to private-equity firm Cerberus Capital Partners.
made popular Sep 24 2008
It is not a long time when Chrysler released this jeep unlimited. The vehicle became so popular in a short time span that its sales were up in February by 63 percent...
made popular Sep 15 2008
Chrysler has decided to offer the Rallye package as a Mopar accessory option on new Compass models in the U.S.; though the package makes no changes under hood but will...
made popular Sep 14 2008
AP, Warren
Chrysler LLC says it will make another round of early retirement and buyout offers to factory workers in the Detroit area.
made popular Sep 12 2008
It only seems obvious at this point that Nissan would be borrowing all the truck expertise from the ones that actually are good and giving the American market the...
made popular Sep 4 2008
AP, New York
Chrysler LLC says it is weighing strategic options for its Dodge Viper business, which could include a sale of the brand.
made popular Aug 27 2008
AP, Traverse City
Chrysler LLC Vice Chairman Tom LaSorda says his company will invest $1.8 billion into a Detroit assembly plant, retooling it to make a new car-based sport utility...
made popular Aug 13 2008
The future is truly in finding green solution for existing problems and that is probably the most true in case of the automobile industry which is galloping towards a...
made popular Aug 9 2008
AP, Detroit
After running Chrysler LLC for a year, Cerberus Capital Management LP must be wondering if its mascot, the three-headed dog that guards the gates of hell, is protecting...
made popular Aug 5 2008
It seems that the hike in crude oil prices and the fact that the world is getting more and more eco-conscious has hit the automobile industry hard and if you happen to...
made popular Aug 2 2008
AP, New York
Chrysler LLC said Friday it will allow customers to purchase cars under finance deals with payments similar to leases as it tries to lure buyers a week after announcing...
made popular Aug 1 2008
AP, Detroit
Chrysler LLC said Friday its financial arm will get out of the auto leasing business by the end of the month because economic conditions have made leasing more...
made popular Jul 25 2008
AP, Detroit
Chrysler LLC has told dealers that the automaker’s financial arm plans to get out of the auto leasing business before the end of the year.A dealer who asked not...
made popular Jul 25 2008
AP, Detroit
Chrysler LLC says it will cut 1,000 salaried jobs worldwide by Sept. 30.The automaker announced the cuts Wednesday in a letter to employees.Chrysler says the layoffs...
made popular Jul 23 2008
AP, New York
An Abu Dhabi investment fund has bought a majority stake in New York City’s landmark Chrysler Building.A spokeswoman for Prudential Financial Inc. says the...
made popular Jul 9 2008
AP, Detroit
Chrysler LLC says it will indefinitely close one Missouri plant and cut production at another due to slumping demand for trucks and other large vehicles.Officials with...
made popular Jun 30 2008
Now it is possible to turn your car or truck into a Wi-Fi hub, thanks to Uconnect, by Chrysler. The company has announced that its customers can upgrade their vehicles...
made popular Jun 27 2008
Taking into account the huge interest in Wi-Fi connectivity, Chrysler has announced that they will be packing their 2009 cars with wireless capabilities. A new uconnect...
made popular Jun 26 2008
AP, Detroit
People who buy Chrysler LLC vehicles next year will have the option of turning their cars and trucks into wireless Internet hotspots.The company plans to announce...
made popular Jun 25 2008
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Microsoft has announced yet another deal on Friday as it has decided to acquire the online advertising company aQuantive for about $6 billion, marking the latest in a...
made popular May 19 2007
General Electric Co. is close to reaching an agreement to sell its plastics division for almost $11 billion to Saudi Arabia’s largest industrial company, Saudi...
made popular May 18 2007
WPP, the world’s second-largest advertising group, has decided to acquire 24/7 Real Media, the US digital marketing company, for $649 million, the company said in...
made popular May 18 2007
Blackstone Group announced that it has agreed to acquire data-processing and marketing company Alliance Data Systems Corp. for $6.4 billion, marking the latest in a...
made popular May 18 2007
An affiliate of billionaire investor Edward S. Lampert’s hedge fund has recently surprise experts at Wall Street by announcing that it has purchased more than 15...
made popular May 17 2007
In the latest step in its ambitious plan to roll up business-software makers, Oracle Corp. yesterday announced that it would acquire software maker Agile Software Corp....
made popular May 17 2007
Following the decision of DaimlerChrysler to offload Chrysler Group, it will go back to being Daimler, and its presence in the US will minimize virtually overnight....
made popular May 16 2007
The trustees entrusted with supervising the uprightness and independence of the Reuters Group approved the acquisition of the company to the Thomson Corporation of...
made popular May 16 2007
Telefonica SA has announced yesterday that it has agreed to sell its 75 percent stake in Dutch television producer Endemol for $3.56 billion, hinting at its departure...
made popular May 15 2007
In an interesting development, Royal Bank of Scotland Group PLC chairman Tom McKillop has been warned by at least four leading institutional investors last week not to...
made popular May 14 2007
US private equity group Cerberus inched closer to acquire Chrysler, the struggling US unit of Germany’s DaimlerChrysler, reports suggest. DaimlerChrysler is...
made popular May 14 2007
In a surprising move, Chicago Mercantile Exchange raised its offer to acquire its rival, the Chicago Board of Trade. Both the exchanges announced a revised merger...
made popular May 12 2007
Magna International Inc., the Canadian auto-parts maker bidding for Chrysler, has announced that Russian billionaire Oleg Deripaska will buy a stake in the company to...
made popular May 11 2007
Alcoa, the world’s largest aluminum company, announced that it has launched a hostile bid to acquire its Canadian rival Alcan Inc. for $33 billion after...
made popular May 8 2007
Royal Bank of Scotland led consortium has confirmed that their sweetened offer for ABN Amro Holding NV’s LaSalle Bank was rejected by the Dutch bank. In a...
made popular May 7 2007
Competition for increasing market share of eyeballs hitting search engines is heating up. Talks of a possible link up between Microsoft and Yahoo to take on market...
made popular May 5 2007
The Airline Partners Australia (APA) consortium bidding for Australia’s Qantas Airways Ltd. has announced that it has received last-minute backing from a large US...
made popular May 5 2007
Citigroup Inc. has announced that it has agreed to acquire Bisys Group Inc. in a $1.45 billion deal aimed to shore up the New York-based bank’s services catering...
made popular May 3 2007
Medical testing company Quest Diagnostics Inc. has recently announced that it will acquire diagnostic testing company AmeriPath Inc. for about $1.23 billion in cash....
made popular Apr 17 2007
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