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- Industry-wide volume reduction and sales slow down requires plant adjustments
- Four products will be cancelled from Chrysler line-up; while adding two all-new products and two hybrid models
AUBURN HILLS, Mich., Nov. 1 /PRNewswire/ -- Chrysler LLC today announced that it would make volume-related reductions at several of its North American assembly and powertrain plants, and eliminate four products from its line-up.
Shifts will be eliminated at five North American assembly plants which, combined with other volume-related manufacturing actions, will lead to a reduction of 8,500-10,000 additional hourly jobs through 2008.
Berlin -- Oct 25, 2007 -- The business development of Daimler Financial Services in the third quarter was impacted by the separation from the operations of the Chrysler financial services business in North America, which had become necessary due to the transfer of a majority interest in Chrysler.
EBIT of €87 million reported by the Daimler Financial Services division was significantly below the prior year level (Q3 2006: €221 million). As a result of the transfer of a majority interest in the Chrysler activities, expenses for the set-up of a separated financial services organization in the NAFTA region are included in the division's EBIT.
Tokyo, Oct 23, 2007 - Chrysler LLC will reconfirm its commitment to Japan and Asia at the 2007 Tokyo Motor Show this week, with five vehicle premieres for the region, a new Dodge lineup for Japan, and the participation of Philip Murtaugh, CEO of Asia Operations for Chrysler. This will be Murtaugh's first speaking engagement in his new role at a major motor show, taking place within his first 30 days on the job.
While in Tokyo, Murtaugh will meet with Japanese and international media, as well as the Japanese dealer body. The Tokyo Motor Show, which takes place once every two years, has its press days on October 24-25, 2007, and is expected to draw approximately 1.5 million visitors during public days.
Auburn Hills, Mich., Oct 22, 2007 - Chrysler LLC has taken its promotion of alternative fuels a step further this year by planting soybeans at its Chelsea (Mich.) Proving Grounds.
The company’s 44-acre soybean crop will soon be harvested and sold without profit for use in alternative fuel research. The crop, planted in June, is located in areas on the proving grounds that will not affect vehicle development. Additional acres may be farmed next year, depending on the progression of alternative fuel research.
Huehl Acres, a local company, is responsible for farming of the soybeans. Owners Dennis and Jerry Huehl currently farm approximately 1,000 acres in the Chelsea area.
Auburn Hills, Mich., Oct 19, 2007 - Crain's Detroit Business magazine announced its 2007 list of the "most influential women," and four executives from Chrysler LLC were among those recognized. The four honorees are Jan Bertsch, Vice President and Chief Information Officer (CIO); Kim Harris Jones, Vice President and Chief Controller; Pauline Kelly, Director - Mopar® and Service Systems Information Technology Management; and Deborah Wahl Meyer, Vice President and Chief Marketing Officer (CMO). Crain's held its awards ceremony Thursday evening, October 18, in Novi, Michigan.
Financial Empowerment “Get Your Money Right” International Tour at Florida Memorial University on Saturday, Oct. 20, 2007
Russell Simmons, Trina, Gabrielle Union, Ne-Yo, Letoya Luckett, Joell Ortiz, Belly, Huey, Free, Dr. Benjamin Chavis and Chrysler Financial’s Keith Myricks and Leonard Martin Headline Miami Hip-Hop Summit
Miami, Oct 15, 2007 - On Saturday, Oct. 20, the Hip-Hop Summit Action Network (HSAN) is coming back to Miami with the timely message of financial literacy bringing the Hip-Hop Summit on Financial Empowerment "Get Your Money Right" International Tour to the Sunshine State.
Monday, October 15, 2007, DETROIT – The UAW Chrysler Council, which includes local union leaders from Chrysler facilities throughout the United States, voted overwhelmingly today to recommend approval of the tentative agreement reached by UAW negotiators with Chrysler last Wed., Oct. 10.
VAN BUREN TOWNSHIP, Mich., Oct. 15, 2007 – Visteon Corporation (NYSE:VC), in collaboration with Boston Acoustics®, is bringing Dolby® Pro Logic® II surround sound to Chrysler LLC.
Visteon and Boston Acoustics will deliver the popular Dolby Pro Logic II surround sound to the 2008 models of the Chrysler 300 and Dodge Charger.
Wednesday, October 10, 2007 -- UAW President Ron Gettelfinger and UAW Vice President General Holiefield announced today that the UAW has reached a tentative agreement with the Chrysler Corporation.
The strike against Chrysler at 11 this morning, following the expiration of an extension to the current labor agreement, will be recessed immediately. UAW Chrysler workers will be notified by the corporation to report to work on their next available shift.
“This agreement was made possible because UAW workers made it clear to Chrysler that we needed an agreement that rewards the contributions they have made to the success of this company,” Gettelfinger said.
Attribute to Tom LaSorda, Vice Chairman and President, Chrysler LLC
AUBURN HILLS, Mich., Oct. 10 /PRNewswire/ -- Chrysler LLC and the UAW have reached a tentative agreement on a new national labor contract, covering approximately 45,000 represented employees. The agreement is subject to UAW member ratification.
The tentative agreement includes a memorandum of understanding to establish an independent retiree health care trust, as well as other changes to the national agreement. Following ratification, implementation of the memorandum of understanding is subject to approval by the courts and satisfactory review of accounting treatment with the Securities Exchange Commission.
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