Major automakers are set to release February sales figures on Tuesday, and analysts expect the reports will show sales improved 20% compared to a year ago. Consumers continued to warm to the slowly improving economy — so far, …
Union employees at Chrysler Group will receive a $750 bonus next week as an acknowledgment of their contributions in helping to revive the once-bankrupt company, the automaker said Monday. Salaried workers, excluding the compan…
A slowly brightening economy combined with low financing rates and generally stable fuel prices have put consumers in a buying mood. New models, particularly from Ford and GM, are also helping to keep U.S. auto sales on a posit…
Chrysler has finally decided to jump on the hybrid bandwagon, announcing Wednesday that it is working with the EPA to develop a hydraulic hybrid powertrain for its vehicles. The system, which stores energy derived from vehicle …
The smallest of the Detroit Three, Chrysler has made substantial strides in turning around its business, including lowering the number of vehicles it needs to sell to make a profit. The automaker had pegged 1.65 million as its …