Chrysler is considering having Chery Automobile build a new Chrysler-designed vehicle, not a car based on a Chery design, due to quality concerns. Back in December, Chrysler and Chery announced plans for Chery to build a new small car in China for worldwide export. Originally, Chrysler was considering a Chery model and not a car […]

Hyundai Motor Co, the sixth-largest automaker in the world, has emphatically denied reports that it is interested in acquiring the Chrysler Group, the troubled U.S. arm of DaimlerChrysler.
Hyundai responded to an online article published by the U.K.’s Times of London. “The report is not true… Hyundai Motor did not have a plan (to bid for […]

Talks between General Motors and DaimlerChrysler about the future of the Chrysler Group are serious and have been going on for two months, according to the Detroit News. GM has been in discussions with DCX about acquiring all of the American arm and folding it into the greater GM.
The high-level talks started back in December, […]

Korean automaker Hyundai may also be interested in purchasing Chrysler from DaimlerChrysler, if DCX decides to dump its American arm, according to new reports. Last week, most of the speculation was on a General Motors purchase of Chrysler Group, but now rumors are spreading of a pack of international suitors. Last week, DaimlerChrysler chairman Dieter […]

Automotive News continues to insist that General Motors is in talks with DaimlerChrysler about the possible buyout of the Chrysler Group. Inside sources in both the U.S. and Germany claim that GM is interested, and that high-level talks are taking place between executives.
GM spokesman Tony Cervone wouldn’t comment, but said, “We have always said that […]

The Chrysler Group and General Motors are in discussion on a project that would provide Chrysler with a large SUV like the Chevrolet Tahoe. The talks have been under way for six months, and are described as “ongoing and positive” but far from complete.
While Chrysler’s lineup is weighted heavily toward trucks and SUVs, the automaker […]

In a turnaround from his statements last fall, DaimlerChrysler CEO Dieter Zetsche would not rule out a sale of the Chrysler Group. According to a report by Reuters, Zetsche said all options are on the table.
“In this regard, we do not exclude any option in order to find the best solution for both the Chrysler […]

The Chrysler Group today announced a three-year plan that will cut 13,000 jobs and close its Newark, Del., assembly plant, which builds the Dodge Durango and Chrysler Aspen SUVs. The Recovery and Transformation Plan seeks to return the automaker to profitability by 2008.
The 13,000 job cuts will complete by the end of 2009, and will […]

When DaimlerChrysler’s Chrysler Group announces its restructuring plan tomorrow, and with it comes the expectation that there will be an increase in parts sharing between Mercedes-Benz and Chrysler. And there are many on the Mercedes side that aren’t too happy about it.
Chrysler’s restructuring, which will be revealed tomorrow, is said to include plans for next-generation […]

DaimlerChrysler’s Chrysler Group will announce a restructuring plan tomorrow. Called “Project X”, the plan is focused on returning the U.S-based arm of the German/America company to profitability. According to reports, Chrysler plans to cut more than 10,000 assembly jobs and will close at least two plants. The plan — similar to those of GM and […]