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CHRYSLER TURNAROUND
In 1978, Henry Ford II fired Lee Iacocca, father of iconic Ford Mustang. Five years later, he delivered record profits for nearly bankrupt rival ChryslerLee Iacocca helped create the iconic Ford Mustang before Henry Ford II fired him in 1978. Just five years later, Iacocca helped revive near...- Quote of the day by Lee Iacocca: 'The only rock I know that stays steady, the only institution I know that works, is the...' – Timeless wisdom by the man who developed Ford MustangLee Iacocca, a renowned auto industry leader, believed the family unit offers unparalleled stability. He witnessed major institutions falte...
- Sweet seats and candy canes: Inside Fiat Chrysler's Toledo turnaround
- Sergio Marchionne, CEO who steered Fiat Chrysler, dies aged 66Marchionne, who described himself as a corporate fixer, was Fiat’s fifth CEO in less than two years when he took over.
- Made-in-India Jeep marks tipping point for Fiat Chrysler's India turnaround: MD Kevin FlynnLikely to be priced aggressively between Fiat Chrysler is hoping to ride on the SUV wave in the country and make a comeback.
- Nelson Mandela as inspirationAs the first democratically-elected president of post-apartheid South Africa, Mandela reversed the destructive symptoms of decline.
- US automakers see best sales since 2008GM, Ford and Chrysler Group finished 2011 stronger than analysts predicted, as annual US auto sales reached 12.8 mn in the best year since ...
- New Jeep helps Chrysler narrow loss, lift outlookEven though the company is still losing money and must improve its quality ratings, the push for good vehicles is paying off.
- GM to file paperwork in August for IPOGeneral Motors Co. will file paperwork in mid-August to start the process of selling stock to the public, the head of the United Auto Worke...
- Fiat commits to Chrysler deal despite court delayItalian automaker Fiat will not turn its back on a deal to acquire a controlling stake in Chrysler despite a US Supreme Court stay on the s...
- GMAC receives $7.5 billion in new Treasury aidAuto lender GMAC Financial Services will receive $7.5 billion in additional government aid to keep loans flowing to would-be buyers of GM a...
- Fiat CEO: Concessions or no Chrysler dealAutomaker Fiat Group SpA will walk away from a deal to take a 20-percent stake in Chrysler LLC if the U.S. automaker's unions don't agree t...
- Chrysler may be buying time to sell itselfChrysler, smallest of Big Three automakers, may be banking on a much-awaited govt rescue loan simply to buy time.
- GM approached its rival Ford for merger in July: ReportGeneral Motors, now reportedly in talks with Chrysler for a possible merger, approached its other rival Ford Motor Company first in July bu...
- GM approached its rival Ford for merger in July: reportGeneral Motors, now reportedly in talks with Chrysler for a possible merger, approached its other rival Ford Motor Company first in July bu...
- Chrysler is committed to turnaround plan: ChiefThe management of Chrysler LLC is committed to a long-term turnaround plan, the company's new chief executive officer said on Friday.
- Chrysler launches NextGen minivansThe first of Chrysler’s next-generation minivans rolled off an assembly line Tuesday, a critical launch for the automaker as it tries to re...
- Ex-Home Depot boss at Chrysler helmChrysler's new private owners say they have picked former Home Depot boss Bob Nardelli to head the No. 3 US automaker in its effort to retu...
- Magna, Cerberus, Blackstone lead the race for ChryslerMagna International, Cerberus Capital Management and a team led by Blackstone Group and Centerbridge Partners are frontrunners to buy Daiml...
- DaimlerChrys net falls 37% to $681mDaimlerChrysler’s third-quarter profit fell less than analysts estimated as higher earnings at the Mercedes and truck units eased a loss at...
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