| Chrysler plants busy, but vehicles don't sell | | Posted Monday, November 06, 2006 2:46:53 PM by Blog57 Team | | Workers at the plants that make some of the vehicles that the Chrysler Group is having the hardest time selling were scheduled to be hard at work Saturday, earning overtime to build more. The OT might make their paychecks a little bigger, but workers at the Jefferson North Assembly Plant in Detroit and across the river at Windsor Assembly say it worries them that they continue to build more vehicles just like those that already crowd storage areas near their plants. Jefferson North builds the Jeep Grand Cherokee and Jeep Commander. Windsor builds the Chrysler Pacifica, Dodge Grand Caravan and Chrysler Town & Country. Sales of the Jeep Commander, which was new last year, were up in October with the help of incentives of as much as $8,000, but they continue to fill inventories, dealers say.... | |
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| | | Patti LaBelle, Chrysler team on church tour | | Posted Saturday, October 14, 2006 6:46:16 AM by Blog57 Team | | Chrysler Group's new luxury SUV, the Aspen, is the opening act for Patti LaBelle's 14-city tour of urban mega-churches. Chrysler is the title sponsor for "The Gospel According to Patti" tour, which began on Saturday with a concert at the Potter's House church in Dallas and runs through March 31. The tour will be at Detroit's Greater Grace Temple Dec. 1. Chrysler's upscale brand is sponsoring the tour because affluent, urban African-American customers are one of the target markets for the new SUV. "This looked like an excellent way to reach that audience," said James Kenyon, a Chrysler Group spokesman. "The Aspen is the SUV big brother of the 300 series. The 300 has been very well received in the African-American community." The Chrysler 300 was one of the five most-popular vehicles among African-American car and truck buyers, according to two recent surveys by J.D.... | |
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| | | Are minivans falling out of favor? | | Posted Monday, October 02, 2006 12:45:54 PM by Blog57 Team | | DETROIT (AP) -- Friends say her choice of vehicles makes her a typical suburban mom, but Jennifer Dionisio doesn't care what they think. She drives a light-blue 2004 Ford Freestar minivan because it's easy to load her three kids through the sliding doors. "I am who I am no matter what I drive," the 31-year-old from the Detroit suburb of Madison Heights said this week as she was about to raise the rear door and off-load her cart in a grocery store parking lot. But according to auto sales figures, fewer people are thinking like Dionisio, with minivan sales down 12.4 percent during the first eight months of the year. Some automakers argue the downturn will pass as drivers seek alternatives to sport utility vehicles. But the minivan of the future will look different, and among some consumers it will be replaced by crossover vehicles, the new-wave station wagons that are already eating away minivans' market.... | |
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| | | Chrysler comeback falters; gas guzzlers go unsold | | Posted Thursday, September 21, 2006 2:46:05 AM by Blog57 Team | | Once viewed as Detroit's lone healthy auto maker, DaimlerChrysler AG's Chrysler Group is headed back to the repair shop with rivals General Motors Corp. and Ford Motor Co. Chief Executive Officer Dieter Zetsche, the German engineer celebrated for bringing Chrysler back to profitability, conceded Tuesday that his strategy for ending the auto maker's long record of financial volatility had failed. The culprits: rising gas prices, slowing demand for big trucks and rising health-care costs for its unionized American workers. After plunging into the red for the third time since 2000, Chrysler now is likely to face another restructuring. It also could lose its place among the U.S. market's big three, if rival Toyota Motor Corp. of Japan manages to retain its recent market-share gains.... | |
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| | | Chrysler Town & Country | | Posted Monday, August 21, 2006 4:46:16 PM by Blog57 Team | | Wifes California car, immaculate inside and out, serviced every 3,000 miles, includes every option in the best van Chrysler makes. Interior done in leather and sued with wood grain appearance trim, Golden White Pearl ext, Mist Grey interior, 163 CF behind front seats. Eight way power adjustable front seats w/high & low heating controls. Mid seats are captains chairs and flip fwd for easy access to rear three person bench seat. Bench can almost fully recline or fold foward to accomodate gear. Five or more seating arrangements are possible depending on needs. Includes Infinity Acoustic 10 Sound System, 18 oz carpeting and Limited logo floor mats, steering wheel stereo and cruise controls. Unibody construction with sound loc door liners and load leveling rear suspension. Front wheel drive, chrome plated alunium wheels with traction control for slippery surfaces.... | |
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| | | Chrysler Group Hosts Legendary Poet Nikki Giovanni at National Association of Black Journalists' 31st Annual Convention | | Posted Sunday, August 20, 2006 10:45:55 AM by Blog57 Team | | INDIANAPOLIS, Aug. 17 -- The 31st Annual National Association of Black Journalists' (NABJ) Convention kicked off on Wednesday, August 16 in Indianapolis with Chrysler Group hosting its "Spirit in the Word" poetry program featuring world-renowned writer and poet, Nikki Giovanni. In its 12th year, Chrysler Group's "Spirit in the Word" program attracted over 500 NABJ journalists from across the nation. The evening included Giovanni speaking about issues important to the black community and reciting one of her most famous works, "Ego Tripping." She also shared the history behind her latest children's book "Rosa," which has won honors as a special tribute to the late civil rights leader Rosa Parks. Giovanni ended the evening by personalizing and signing more than 300 of her books for a group of inspired journalists.... | |
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| | | Automotive Chrysler's Q2 may lead to changes | | Posted Saturday, July 29, 2006 8:46:02 PM by Blog57 Team | | Chrysler Group, which savoured a profit of US$1.8-billion last year as Ford Motor Co. and General Motors Corp. lost millions in North America, is cutting production and weighing worker buyouts after reporting a dramatic drop in second-quarter earnings. The results underscore that Chrysler is being hit by the same headwinds as its struggling Detroit-based rivals even as it fights to distance itself from them in the minds of car buyers. Chrysler's parent, DaimlerChrysler AG, reported a US$2.3-billion profit for the quarter. Chrysler said it would chop North American production in the third quarter ending in September by up to 75,000 vehicles in order to get its U.S. inventory to below 600,000 units. It will also consider offering its blue-collar employees buyouts.... | |
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| | | Chrysler expects third quarter losses | | Posted Friday, July 28, 2006 6:46:12 AM by Blog57 Team | | Squeezed by bloated inventory, a high fleet mix and vehicle production cuts, Chrysler Group said this morning it expects to lose as much as $600 million during this year's third quarter. The Auburn Hills-based automaker reported a 9 percent sales slump for its second quarter compared with the same quarter last year. The falling sales, along with other factors caused Chrysler's earnings to plummet to $65 million from $695 million in 2005. Chrysler CEO Tom LaSorda said he expects production cuts at plants and reduce vehicle shipments to push the automaker's inventory below 600,000 units from its current 648,612 units. The excess inventory has pushed Chryslers' supply to 91 days, nearly 30 percent higher than the industry average. "This is a strategy we need to do," LaSorda said.... | |
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| | | Daimler-Chrysler Seeks Big Profits with Small Smart Car | | Posted Thursday, July 06, 2006 8:46:13 PM by Blog57 Team | | German-American automaker Daimler-Chrysler has announced it will introduce its Smart brand car to the U.S. market. Daimler-Chrysler is betting that high fuel prices and growing concern over global warming will help drive consumer interest in a car that is not much bigger than a golf cart. .... | |
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| | | Chrysler Group plans to trim top management ranks by 15% | | Posted Wednesday, July 05, 2006 2:45:55 PM by Blog57 Team | | DaimlerChrysler AG's Chrysler Group plans to thin its top management ranks by 15 percent with in three years, with the bulk of the job cuts taking place this year, Chrysler CEO Tom LaSorda said. Trimming the number of executives is part of an overall reorganization at DaimlerChrysler an nounced in January. .... | |
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