| Jeep Layoffs Are Temporary Chrysler Says |
Sep 24th, 2013 |
Sept. 23--Chrysler Group LLC has temporarily scaled back production of the new Jeep Cherokee, laying off about 500 employees, the company confirmed early today."We have been producing vehicles since the end of June and have now built the critical number of vehicles we need to stock dealerships once containment is released," the company said in a statement. "We will temporarily idle ...
|
| |
|
| |
| BMW manual transmissions on the way out |
Sep 24th, 2013 |
BMW says manual transmissions are on the way out, given that fuel efficiency and performance benefits are no longer an advantage for the do-it-your-self system. Speaking to CarAdvice at the launch of ...
|
| |
|
| |
| 2014 Porsche 911 Turbo Cabriolet and Turbo S Cabriolet revealed |
Sep 24th, 2013 |
911 Turbo and Turbo S coupes , while boasting a unique body that is 28mm wider than the widest of the current 991-generation models, the Carrera 4. The new models also feature a signature rear wing that deploys for additional downforce at speeds above ...
|
| |
|
| |
| Alfa Romeo 4C Review |
Sep 24th, 2013 |
Alfa Romeo chooses to describe its new hero car, as an ';uncompromising, attainable supercar';. There are two raw numbers that make this seem more fantasy than fact. Firstly, the 0-100km/h time -4.5 seconds is quick (as fast as ...
|
| |
|
| |
| First Take Chryslers IPO meant to force a deal |
Sep 24th, 2013 |
MORE Normally, a company's initiation of the process to sell stock to the public represents a bid by executives and key employees to monetize stock options, raise capital for expansion and generally host a coming-out party for a business ready to take on the world.But Chrysler Group's just-announced initial public offering is more complicated. It's not about raising more money to ...
|
| |
|
| |
| Chrysler files IPO as automakers value in dispute |
Sep 24th, 2013 |
By Deepa Seetharaman and Bernie Woodall DETROIT | Mon Sep 23, 2013 8:25pm EDT DETROIT (Reuters) - Chrysler Group LLC filed paperwork on Monday for an initial public offering, a move that could delay Fiat SpA's (FIA.MI) efforts to take full ownership of the U.S. automaker while enhancing the value of the stake held by a union trust fund. The IPO of up to $100 million comes over the ...
|
| |
|
| |
| Four years after bankruptcy Chrysler files for IPO |
Sep 24th, 2013 |
Chrysler and the United Auto Workers retiree healthcare trust fund filed papers for an initial public offering to sell a small percentage of the company to the public. After months of negotiating for a way to buy the 41 percent of Chrysler that Fiat doesn't currently own, CEO Sergio Marchionne is hoping an initial public offering will move the process forward.Late Monday, Chrysler and the ...
|
| |
|
| |
| Cruising through Corvette history |
Sep 24th, 2013 |
Chevrolet Corvette , from the optimism of the 1950s to the tumult of the 1970s to the digital revolution of the 1980s and on. Although the iconic sports car's looks and technology advance from one generation to the next, each retains an essence that is unmistakably Corvette. Every version is a driver's car, capable of hard charging or leisurely cruising, with brash styling and raucous, ...
|
| |
|
| |
| Woman arrested after leading officers on PCH chase crashing into cars |
Sep 24th, 2013 |
A woman was arrested late Sunday after leading authorities on a chase on Pacific Coast Highway near Point Mugu and crashing into several patrol vehicles, officials ...
|
| |
|
| |
| Chrysler prepares for IPO at trusts request |
Sep 24th, 2013 |
FILE - In this Monday, July 29, 2013, file photo, a Chrysler 300 sits on the lot of Midstate Motors in Berlin, Vt. Chrysler Group said Monday, Sept. 23, 2013, it is preparing an initial public offering of some of its shares. Chrysler filed paperwork for the IPO with the federal government late Monday. (AP Photo/Toby Talbot, ...
|
| |
|
| |
