Chrysler’s brand revolution is nearing completion as the company unveiled a significantly revised 300 sedan at the Detroit auto show. On a stark white stage, Chrysler brand president and CEO Olivier Francois introduced the car with a melodramatic story recounting the uncertainty of bankruptcy last year, reciting Eminem lyrics and quoting poet Robert Frost. In [...]
Toronto-Dominion Bank agreed to buy Chrysler Financial Corp. from Cerberus Capital Management LP for $6.3 billion to add an auto-finance company in its second- largest acquisition. The transaction will be in cash, Canada’s second-biggest bank said today in a statement. Toronto-Dominion doesn’t intend to issue stock for the purchase. Canadian lenders, ranked the soundest on [...]
L.A. Auto Show comes roaring back : Nissan Motor Co., a manufacturer that once called Southern California its U.S. home, skipped the event. Chrysler Group was there in name only, hosting a static display of aging vehicles. The buzz on the floor was whether General Motors Co. and Chrysler Group would survive and how big [...]
Chrysler Group LLC, the U.S. automaker operated by Fiat SpA, is introducing six redesigned Dodge models as it backs the brand to help the company raise domestic sales by as much as 45 percent in 2011. The improved vehicles, which include the Charger sedan and Durango SUV, are “critical” to meeting those sales targets, Ralph [...]
2011 Jeep Grand Cherokee Commercial “Fording” The 2011 Jeep Grand Cherokee had better be able to handle rough terrain, what with the road that Chrysler has ahead of it. Jeep authenticity can be felt everywhere in the vehicle, starting with our luxurious interior.