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- Chrysler sues 7 Detroit dealers over disputed letters of intent
Chrysler Group has sued seven Detroit area dealerships in an attempt to gain legal support for the letters of intent it has given dealers reinstated through arbitration. Dealers have challenged the terms of those letters as onerous and unfair.
Переслать - Obama: Auto industry revival justifies bailouts
President Barack Obama, in the heart of the U.S. auto industry, told a crowd of workers that the government bailouts of General Motors Co. and Chrysler Group LLC are giving taxpayers a return on their investment.Переслать - Chrysler to keep Michigan plant open after 2012, add 900 jobs next year
Chrysler said its assembly plant in Sterling Heights, Mich., scheduled to close sometime in 2012, will remain open after that time.Переслать - GM to boost Volt output 50 percent for 2012 on buyer demand
GM said buyer interest in the new Chevrolet Volt has prompted the automaker to boost 2012 production plans for the plug-in hybrid to 45,000 units from 30,000.Переслать - Non-Chrysler dealers may get Fiat franchises
Some non-Chrysler Group dealers may receive franchises to sell Fiats, according to Sergio Marchionne, CEO of Fiat and Chrysler. Fiat franchisees could also get the Alfa Romeo franchise, which will return to the United States in 2012.Переслать - Visteon union seeks bigger role in exit plan vote
A union for Visteon Corp. retirees is seeking greater influence over the auto parts maker's bankruptcy exit plan, saying it has a claim for $100 million that entitles it to more votes on the proposal.Переслать - Ford expects slight boost in July sales, thanks to F-series
Ford said sales of new light vehicles in July will trump results in the year-ago period, largely due to increased demand for the F-series pickup. In July 2009, Ford sold 158,838 vehicles.Переслать - BorgWarner sees record earnings in 2010
Auto parts maker BorgWarner posted stronger-than-expected quarterly earnings and raised its full-year earnings forecast due to stronger vehicle output in North America, Europe and China.Переслать - Lithia to pass on Fiat stores
Lithia derives almost 30 percent of its sales from Chrysler Group brands but doesn't plan to seek much Fiat business as the Italian automaker prepares to reenter the U.S.market.Переслать - Denso lifts profit forecast on global auto rebound
Japan's biggest auto parts maker swung to a profit in the latest quarter and cited recovering markets in North America and Asia for its improved outlook.Переслать
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