Chrysler Recalls 76,000 Ram Trucks for Brake Problem
Chrysler Group is recalling 76,122 Ram trucks from the 2010 and 2011 models years to repair a problem with brake pedals that return too slowly after being depressed.
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U.S. November Auto Sales Show Plenty of Zip
It's traditionally one of the slowest months of the year for vehicle sales, but most automakers reported higher U.S. sales in November compared to a year ago, despite continued consumer caution about the slow economic recovery.
October Car Sales Point to an Auto Rebound
Buoyed by consumers' increased confidence in the U.S. economy, most automakers reported higher sales of cars and trucks in the U.S. during October compared to a year ago -- making it the best October in three years for the auto industry.
From Italy With Love: Chrysler to Build an Alfa Clone in Illinois
Chrysler Group reportedly is planning to build a small car capable of 40 mpg based on a current Fiat design in a bid to boost its corporate fuel economy average.
Chrysler May Soon See More Federal Aid
In addition to state tax credits from Michigan -- and the billions of dollars already loaned it by U.S. taxpayers in the form of last year's bailout -- Chrysler may soon get approval for billions more in loans from the Department of Energy.
Chrysler Recalls 26,000 Vehicles to Repair Power-Steering Fluid Leak
Chrysler Group is recalling 26,397 cars and trucks to repair power-steering hoses that may become disconnected and leak fluid, raising the potential for vehicle fires.
Auto Industry Cruises on Slow, Steady Demand
Vehicle sales have been less than stellar in recent months, disappointing some analysts. But the industry is gradually improving in a broad trend that is benefiting nearly all automakers -- including the Big Three, which have returned from the brink.
U.S. Auto Sales Gain Strength at the End of September
Auto sales turned in a strong performance in September. "People seem to be saying, 'It's not as quite as scary anymore,'" says Arthur Wheaton, automotive analyst at Cornell University's ILR School.
Chrysler CEO Marchionne: We'll Take a Piecemeal Approach to IPO in 2011
Chrysler Group is likely to pursue an initial public offering of stock in "chunks" rather than one big offering and not until the second half of 2011, the company's chief executive said Thursday.
September Auto Sales: Don't Expect Much Sizzle
Demand for new cars and trucks should be better than it was a year ago. But expectations now are for lower sales than in August, itself unimpressive. That would leave autos stuck in a four-month-long rut.
After Strong Start, U.S. Auto Sales Slow in September
U.S. auto sales started off strong over the Labor Day holiday weekend, but have since dropped significantly, according to analysis by car-buying guide Edmunds.com.
August Auto Sales May Be the Worst in 28 Years
Auto sales braked sharply in August, starting out strong, then slowing to a level that may be the lowest in 28 years. The weak economy made nervous consumers hesitant to buy, despite the bevy of end-of-model-year deals.
U.S. Auto Sales May Have Revved Up in July
Analysts' expectations are that sales rose to the highest levels of the year last month as increased automaker incentives lured bargain-hunters.
Chrysler Expands Risk-Free Car Return Program
In an effort to boost sales, Chrysler said Thursday it is expanding a program that allows customers to return new vehicles within 60 days if they aren't happy with their purchase. In addition, the automaker is also offering zero-interest financing on most 2010 vehicles.