Fast Chrysler News

KENOSHA, Wis. -- Chrysler said Wednesday that it plans to invest $450 million in its Kenosha plant in order to make the next generation of V-6 engines.

TIPTON, Ind. -- Chrysler Group and Getrag Corporate Group officials will join Gov. Mitch Daniels on Monday to announce plans to build a transmission factory that could eventually employ...

THE ANNOUNCEMENT: DaimlerChrysler AG's Chrysler Group will invest $450 million in its Kenosha Engine Plant so it can manufacture the company's next generation of V-6 engines.

Shares of North American automakers rose Wednesday, boosted by an overall market rebound and plans to reduce costs. Officials for General Motors Corp., Ford Motor Co. and DaimlerChrysler AG's Chrysler Group all said that they will seek labor cost reductions that put them on par with their Asian rivals during summer contract talks with the United Auto Workers.

Dodge's director of brand marketing and communication says Chrysler's sale to a private equity firm,...

Chrysler announced Wednesday that it will keep its Kenosha, Wis. plant open, ending uncertainty fears for its more than 800 plant employees. The struggling automaker will invest $450 million in the plant so it can manufacture its next generation of V-6 engines, which Chrysler says is key to its recovery.

Chrysler Group and Getrag Corporate Group officials will join Gov. Mitch Daniels on Monday to announce plans to build a transmission factory that could eventually employ more than 1,000 people.

Dodge's director of brand marketing and communication says Chrysler's sale to a private equity firm, Cerberus Capital Management, won't change the carmaker's long-term relationship with NASCAR.

Kim Harris Jones, Vice President Product, Procurement Cost Management Finance - Chrysler Group, was honored with this year's Peter C. Thorp Corporate Leadership Award by The Consortium for Graduate Study in Management during their 41st Annual Orientation Program and Career Forum in Indianapolis on June 12.

General Motors, Ford and Chrysler will seek labor cost reductions that put them on par with their Asian rivals during summer contract talks with the United Auto Workers, officials of the three automakers said Wednesday.

Chrysler to invest $450M for manufacturing of new V6, calming fears company would shutter plant. Chrysler will invest $450 million in its Kenosha Engine Plant so it can manufacture the company's next generation of V-6 engines.

A group of Chrysler's largest and most influential dealers met Cerberus Capital Management CEO Stephen Feinberg and his top deputies for the first time and came away energized by the Wall Street investor's vision for the future.

Chrysler Group today announced plans to invest $450 million in its Kenosha engine plant for a comprehensive retooling in preparation for the launch of a new family of fuel-efficient V-6 engines.

After a proud 96 year history and the production of more than 11 million vehicles, demolition of the former Jeep Parkway site is almost complete. Please join us at an event to celebrate the history of the facility and to discuss the future of the site.-

- New "Phoenix" family of V-6 engines to be built in Kenosha, Wis. KENOSHA, Wis., June 13 -- Chrysler Group today announced plans to invest $450 million in its Kenosha (Wis.) Engine Plant for a comprehensive retooling in preparation for the launch of a new family of fuel-efficient V-6 engines.

Chrysler Group detailed its plans Wednesday to invest $450 million in its Kenosha engine plant to retool the factory for production of a new, fuel-efficient V-6 engine.

Chrysler plans an advertising campaign to tout the automaker's "underdog attitude" as DaimlerChrysler AG is split up, North American sales chief Steve Landry told Bloomberg News.

KENOSHA, WIS. (AP) -- Chrysler plans to invest 450 million dollars in its Wisconsin plant to make the next generation of V-6 engines. Chrysler executives made the announcement this morning in Kenosha.

Chrysler will invest $450 million in its Kenosha Engine Plant so it can manufacture the company's next generation of V-6 engines.

Chrysler said today it plans to invest 450 (M) million dollars in its Kenosha plant in order to make the next generation of V-6 engines.

KENOSHA, Wis. (AP) - Chrysler said today it plans to invest $450 million in its Kenosha plant in order to make the next generation of V-6 engines. Chrysler executives are making the announcement this morning in Kenosha.

LONDON (Thomson Financial) - Chrysler Group has announced plans to invest 450 mln usd in its Kenosha, Wisconsin engine plant for a comprehensive retooling in preparation for the launch of a new family of fuel-efficient V-6 engines.

KENOSHA, Wis. (AP) - Chrysler said today it plans to invest $450 million in its Kenosha plant in order to make the next generation of V-6 engines. Chrysler executives are making the announcement this morning in Kenosha.

KENOSHA, Wis. — Chrysler will invest $450 million into its Kenosha Engine Plant so it can manufacture the company's next generation of V6 engines.

Associated Press - June 13, 2007 10:25 AM ET KENOSHA, Wis. (AP) - Chrysler said today it plans to invest $450 million in its Kenosha plant in order to make the next generation of V-6...

KENOSHA, Wis. (AP) - Governor Doyle will join Chrysler executives at the Kenosha engine plant this morning. Chrysler plans to talk more today about its investment in the plant, which will be overhauled to make Chrysler's next generation of V-6 engines.

The Tom Joyner Sky Show, the largest, free, live African-American entertainment series in the country, returns to the Motor City Friday, June 22, 2007 at the Detroit Opera House with Chrysler Jeep Superstores as a sponsor.

Check engine light goes on and off. Had a tune up, spark plugs replaced, air filter replaced, distributor cap, fuel filter, pvc valve, and wires replaced The car still idles and runs like crap.

Associated Press - June 13, 2007 7:55 AM ET KENOSHA, Wis. (AP) - Governor Doyle will join Chrysler executives at the Kenosha engine plant this morning.

General Motors, Ford Motor and Chrysler might establish an independent health insurance fund to reduce their combined $114 billion in future retiree health care obligations, according to five individuals familiar with the discussions, Bloomberg/Detroit News reports. The companies would contribute to the fund to cover the cost of health benefits for United Auto Workers retirees. [click link for ...

DaimlerChrysler AG's global purchasing chief Thomas Sidlik, the only executive from the former Chrysler Corp. to serve on the board of the combined vehicle maker, plans to retire.

DaimlerChrysler has announced the retirement of Thomas Sidlik, the board member responsible for global procurement and supply since December, 2003. He will leave after the takeover of Chrysler Group by Cerberus Capital Management closes in the third quarter.

DaimlerChrysler AG said board member Thomas Sidlik will retire in the third quarter after the sale of the Chrysler group to Cerberus Capital Management LP is completed.

Top Chrysler Group dealers emerged from their first face-to-face meeting with Cerberus Capital Management impressed with the investor's plan to make Chrysler "a great American car company" again.

The Chrysler Group may extend its warranty coverage on new vehicles to better compete with 100,000-mile offers by rivals Hyundai Motor Co. and General Motors Corp.

AUBURN HILLS, Mich. — Continuing an aggressive march forward to get its Phoenix engines into production, the Chrysler Group will announce on Wednesday that it has added its Kenosha, Wisconsin, engine plant to the list of facilities that will build the new V6 engines.

Kevin Darr

As motorists face near record gasoline prices, the Senate took up an energy bill Tuesday that would raise auto fuel economy standards for the first time in nearly 20 years and make oil industry price gouging a federal crime.

AUBURN HILLS, Mich., May 29, 2007 -- What: Telephone conference call to discuss Chrysler Group's 2007 Harbour productivity results Who: Frank Ewasyshyn, Executive Vice President -- Manufacturing, Chrysler Group Details: Teleconference: USA Toll Free Number: 877-918-6633 International Toll Number: +1-517-308-9454 Call Leader: Michele Tinson Passcode: Harbour When: Thursday, May 31, 2007 -- 1:00 ...

AUBURN HILLS, Mich., May 30, 2007 -- The Chrysler Group was recently recognized as "Corporation of the Year" by the Native American Business Alliance (NABA) during the trade association's annual conference in Galveston Island, Texas.

Parker, and others to host event Chrysler Group continues operational momentum with flexible manufacturing enhancements What: Announcement of the start of production of the all-new 2008 Chrysler Sebring Convertible at Chrysler Group's Sterling Heights Assembly Plant (SHAP) in Sterling Heights, Mich.

DETROIT, June 6 -- Editors Note: Detroit Mayor Kwame M. Kilpatrick will announce the 2007 Chrysler Jeep Superstores Detroit APBA Gold Cup hydroplane race Thursday in an 10 a.m. news conference in his conference room. The event is July 13-15, 2007 on the Detroit River.

As motorists face near record gasoline prices, the Senate took up an energy bill Tuesday that would raise auto fuel economy standards for the first time in nearly 20 years and make oil industry price gouging a federal crime.

DETROIT, June 7 -- The Detroit River turns into the "Super Bowl" of powerboat racing with the 2007 Chrysler Jeep Superstores APBA Gold Cup races July 13-15, 2007 featuring unlimited hydroplanes boats with 3,000 horsepower engines hitting 200 miles-per-hour and covering a football field in less than a second.

DETROIT, June 7 -- Detroit Mayor Kwame Kilpatrick (R) and Chrysler Jeep Superstores Association President Jim Schebil announce the "2007 Chrysler Jeep Superstores Detroit APBA Gold Cup" unlimited hydroplane races July 13-15, 2007 on the Detroit River.

June 12 (Bloomberg) -- DaimlerChrysler AG said Thomas Sidlik, its longest-serving director from the former Chrysler Corp., will retire in the third quarter after Chrysler is sold.

Kevin Darr

Detroit automakers have seen more than their share of losses in recent years but they had one consistent winner they could count on: fighting off tougher fuel economy rules in Congress.

June 12 (Bloomberg) -- DaimlerChrysler AG said board member Thomas Sidlik will retire in the third quarter after the sale of its Chrysler group to Cerberus Capital Management LP.

DETROIT (AP) - DaimlerChrysler AG Management Board member Thomas Sidlik will retire from his position when Cerberus Capital Management LP takes control of Chrysler's operations sometime in the third quarter, DaimlerChrysler said Tuesday.

OCEANSIDE — Two people were treated and released at the scene of a minor vehicle crash June 2 in the parking lot of Wembley Mall. Police say a Chrysler Intrepid was rear ended by a Hyundai Accent. The occupants of the struck vehicle suffered minor neck injuries.

Memphis Police have located a Chrysler 300 stolen during a carjacking and possibly used in a deadly shooting.

KENOSHA, Wis. - Chrysler announced Monday it will make a major investment in its Kenosha Engine Plant so it can manufacture the company's next generation of V-6 engines.

DETROIT -- DaimlerChrysler AG Management Board member Thomas Sidlik will retire from his position when Cerberus Capital Management LP takes control of Chrysler's operations sometime in the third quarter, DaimlerChrysler said today.

German-based automaker DaimlerChrysler AG said Tuesday that board member Thomas Sidlik will retire, effective at the closing of Cerberus Capital Management LP's buyout of Chrysler Group in the third quarter.

"The most fun ride I've ever had!" What things have gone wrong with the car? General comments?

While attention has been focused on the expected closing of the Chrysler plant, another large Newark area employer is adding jobs. Medical test manufacturer DadeBehring this week unveiled an expansion at its operations in Glasgow that includes projections for an additional 90 jobs.

General Motors may have lost its long-held title of world's largest automaker to Toyota Motor earlier than previously reported.

Soaring gas prices, anxiety about petro-terrorism and worries about global warming are all chipping away at support for the auto industry in Washington.

Chrysler Group dealers set a new record for sales of certified preowned vehicles in May.

Up and down Wall Street, traders' screens are green, signaling that these are great times for stock market investors. The S&P 500 and the Dow Jones Industrial average are setting all-time highs. So much cash is sloshing around the sidelines, and borrowing costs are so low, that practically each day brings news of asset sales or corporate takeovers. Reuters. Chrysler. Stuyvesant Town. MGM.

DaimlerChrysler AG's Perrysburg Township parts plant apparently has lost a bid for engine-production work, raising new questions about its future.

MARYSVILLE - City Council made three decisions during its regularly scheduled meeting Monday night that will pave the way for the Chrysler Corp. axle plant project.

More employees than expected are taking Chrysler up on its buy-out offer. About 6,400 US workers have signed up for the offers that are part of the company's three-year restructuring plan.

G eneral Motors Corp. , Ford Motor Co. and Chrysler in next month’s labor talks could propose that the United Auto Workers manage a health-care fund financed by the automakers.

AUBURN HILLS -- The phone rang in Dieter Zetsche's hotel room in suburban Detroit at 2:30 a.m. Feb. 14, hours before DaimlerChrysler AG would break its silence on the fate of the Chrysler Group.

Lenard Tessler, Cerberus

Chrysler Group will retrofit its Kenosha engine plant with an investment that will preserve hundreds of auto-industry manufacturing jobs and extend the life of the facility for years.

AUBURN HILLS, Mich. (AP) — Chrysler Group is trying to figure out how to handle a higher-than-expected acceptance rate on buyout and early retirement offers, which were made earlier this year to reduce the automaker’s hourly work force.

SPRINGFIELD - Springfield is replacing 2-inch water lines with 12-inch water lines between the BP gas station and the Springfield Chrysler Auto Mart along Ga. 21. The water lines also will be extended underneath Ga. 21 in order to provide water and sewer services on the east side, Public Works Director Lowell Morgan said.

The south plant and the Windsor facility both have been mentioned as a possible production site since the deal was first reported two years ago. Under the deal, dubbed "Project M," Chrysler would build a minivan for VW, which would sell through its dealers in the U.S.

General Motors Corp., Ford Motor Co. and DaimlerChrysler AG's Chrysler Group may propose in next month's labor talks that the United Auto Workers manage a health-care fund financed by the automakers, five people with direct knowledge of the talks said.

The Senate has begun debating a sprawling energy bill that has already kicked off an epic lobbying war.

The license plate said "Aloha" but there was nothing friendly about a Chrysler New Yorker with Rep. Neil Abercrombie (D-Hawaii) behind the wheel Monday night.

KENOSHA, Wis. (AP) - Chrysler says it will make a major investment in its Kenosha Engine Plant so it can manufacture the automaker's next generation of V-six engines.

June 11 (Bloomberg) -- Onex Corp., Canada's biggest buyout firm, joined Kohlberg Kravis Roberts & Co. in an investor group that's considering a bid for BCE Inc., the country's largest telephone company.

T he stock market has been driven by value rather than growth investing for seven years, and few fund managers have ridden the cycle more comfortably than T Rowe Price (NASDAQ:TROW).

After the rout in bond markets over the past week, investors are bracing for the collateral damage.

Chrysler Group is set to announce plans on a major investment in its Kenosha engine plant to retool the factory for production of a new fuel-efficient V-6 engine.

KENOSHA, Wis. — Chrysler announced today that it will make a major investment in its Kenosha Engine Plant so it can manufacture the company's next generation of V6 engines.

Benz BKK Group, an authorised dealer of Mercedes Benz, Chrysler, Jeep and Nissan, has projected to invest 150 million baht to expand its car dealership business this year to penetrate the mass market.

SAN FRANCISCO (Dow Jones) -- Somehow, the allure of Detroit seems to be lost on the Germans these days. First, Daimler (DCX) files for divorce from its marriage of not-exactly equals with Chrysler, and now Porschedecides it's had enough of the world's biggest auto show.

SAN FRANCISCO (MarketWatch) -- Somehow, the allure of Detroit seems to be lost on the Germans these days.

While attention has been focused on the expected closing of the Chrysler plant, another large Newark area employer is adding jobs. Medical test manufacturer DadeBehring this week unveiled an expansion at its operations in Glasgow that includes projections for an additional 90 jobs.

It’s well document that China’s Chery Auto will be working closely with Chrysler for the development of a new Chinese built model to be sold in the US, but latest reports are suggesting that Chery might not be the only carmaker in bed with Chrysler.

(AP) -- Chrysler announced Monday it will make a major investment in its Kenosha Engine Plant so it can manufacture the company's next generation of V-6 engines. The efforts are part of the struggling automaker's restructuring plan, which includes a $3-billion investment in powertrains. ...

Chrysler says it will make a major investment in its Kenosha Engine Plant so it can manufacture the automaker's next generation of V-six engines.

KENOSHA, Wis. -- Chrysler announced today it will make a major investment in its Kenosha Engine Plant so it can manufacture the company's next generation of V-6 engines.

Soaring gas prices, anxiety about petro-terrorism and worries about global warming are all chipping away at support for the auto industry in Washington.

Chrysler announced Monday it will make a major investment in its Kenosha Engine Plant so it can manufacture the company's next generation of V-6 engines.

AUBURN HILLS, Mich., June 11 -- Chrysler Group reported that its Five Star(R) dealers sold a new May record of 11,243 Certified Pre-owned Vehicles (CPOV), an increase of 10.6 percent over May 2006 sales of 10,164 units and a 8.4 percent increase over April 2007 sales.

- New "Phoenix" V-6 engine is key part of company's $3 billion powertrain offensive - Kenosha investment part of Chrysler Group Recovery and Transformation Plan What: Chrysler Group will announce plans to re-tool its 1.9 million square foot Kenosha Engine Plant for the new "Phoenix" V-6 engine.

Mapsolute GmbH, operador del portal de Internet Map24.com, fue capaz de incrementar las ventas en el primer trimestre de 2007 en más de un 40%. Si esta tendencia continúa, la compañía habrá visto este tipo de crecimiento durante seis años continuos, que es la prueba positiva de la excelente posición en el mercado de Mapsolute como proveedor de aplicaciones de software geográfico.

KENOSHA, Wis. (AP) - Chrysler says it will make a major investment in its Kenosha Engine Plant so it can manufacture the automaker's next generation of V-six engines.

Associated Press - June 11, 2007 12:55 PM ET KENOSHA, Wis. (AP) - Chrysler says it will make a major investment in its Kenosha Engine Plant so it can manufacture the automaker's next generation...

A second person has died as a result of a four-vehicle accident early Saturday on Route 34 near Atlantic Avenue, police said. Stephanie McGill, 20, of Jackson, a passenger in a car that collided with a van going the wrong way on Route 34, died Sunday morning, police said this morning. Two other vehicles then hit the car after the van collided with it The van driver, Neils Vasquez, 17, of ...

- Excellent Sales Results Confirm the Company's Strategy

>>> NEW 7:02 a.m. PACOIMA - A gunman in a red Chrysler Laser grazed a 25-year-old man in his back in a drive-by shooting, police said.

Sebring Convertable-88K Very good condition. New brakes and tires. category: for sale year: 1998 price: $8, 000-$8, 999 model: Chrysler condition: used

The U.S. 'Big 3' automakers may propose a union-run health fund, when they sit down with the United Auto Workers Union [UAW ] next month to renegotiate employee contracts and benefits before they expire in September.

Continued concerns about bond yields could make it difficult for U.S. stocks to extend their late-week rebound from a brutal sell off.

(Juan Carlos Pometta Betancourt/Special to The Examienr) Various automakers are developing so-called smart vehicle technology that utilizes a wireless Internet network across the Peninsula.

Chrysler will continue with its European growth strategy, beyond its separation from Daimler.

An elderly man suffered life-threatening injuries after his car apparently got in the way of a police cruiser racing to a priority call.

A 17-year-old driving the wrong way on Route 34 died after crashing into an oncoming vehicle, causing several other cars to crash and injuring several people, including a 2-year-old boy, early Saturday morning.

PILGRIM, Ky. -- An eastern Kentucky man riding an ATV struck a car and was killed after losing control of the four-wheeler, state police said.

LEXINGTON

With interest rates moving higher and the stock market suddenly hitting a losing streak, the private-equity firms that have been the driving force behind a merger boom now face a crucial test.

The message he carried was a harsh one, and Dieter Zetsche had traveled more than 4,000 miles to deliver it in person.  Just days before, on Sept. 15, 2006, DaimlerChrysler AG had stunned the auto industry by forecasting a $1.5 billion third-quarter loss for the Chrysler Group, its second profit warning in two months.

Lest you think the Detroit two-step -- two forward then one back -- might become a blessed relic, reality comes roaring back to prove the self-defeating boogie is alive and well.

June 11 (Bloomberg) -- The following stocks may rise or fall in European markets today. Prices are from the last close.

Southfield-based Federal-Mogul Corp. said Wednesday that objections raised by Ford Motor Co., Chrysler Corp. and Volkswagen of America Inc. do not pose a threat to its plans to exit Chapter 11 bankruptcy on June 18.

Authorities in Orange County, Fla., search for a man believed to be behind the the robbery of three gas stations.

The rear passenger door lock has now gone bad twice. The first time it was under the manufactures warranty. I have not corrected the second occurrence as of now.

Three gas stations robbed within minutes of each other Saturday were likely robbed by the same man within minutes of each other, according to Orange County sheriff's deputies.

US automakers faced with enormous retiree health benefits costs may well join other large US companies in shifting more of the long-term risks of meeting those obligations to workers.

A Fort Lauderdale man was stabbed to death after getting into an altercation with another man outside the Diamond Dolls nightclub in Pompano Beach.

Kevin Darr

Family offers van to ease disabled man's transportation woes David Rice suffered a brain stem stroke 15 years ago, leaving him quadriplegic and unable to speak. But the 53-year-old's mind remains razor sharp, and there's no questioning his heart.

The Steelworkers union has an investment banker working down the hall from its president. A Service Employees International Union organizer is becoming an expert on leveraged buyouts. The Machinists are loading up their research department with MBAs.

U.S. Sen. Hillary Rodham Clinton Saturday offered a double-barreled campaign message for the struggling U.S. auto industry: accept tougher fuel economy standards in exchange for federal help with the costly burden of retiree health care.

The deal, which marks the first time a Big Three U.S. automaker will be run by a private equity company, requires new owner Cerberus Capital Management to contribute more than $6 billion to shore up the balance sheet of the struggling automaker and its finance arm.

Chrysler Group is trying to figure out how to handle a higher-than-expected acceptance rate on buyout and early retirement offers, which were made earlier this year to reduce the

A man armed with a knife stole a car from the Lithia Chrysler Dealership in north Ukiah Friday morning.

Instrument Panel shorts around 50K (easily fixed). Replaced timing belt at 85K. Replaced times every 45-50K. Replaced brakes every 30K. Replace battery very 5 years.

Kevin Darr

SAN FRANCISCO (MarketWatch) -- General Motors Corp., Ford Motor Co. and DaimlerChrysler AG's Chrysler are considering setting up an independent health-insurance fund to help them cut down on future retiree health-care obligations, said a Bloomberg report Saturday.

DETROIT, June 8, 2007; Reuters treported that Chrysler Group has exceeded its initial target for the number of factory workers willing to take buyouts to leave the automaker as part of a turnaround effort, a person familiar with the matter said on Friday.

Now company has to review 6,400 requests.

Auburn Hills, Mich. -- Chrysler Group is trying to figure out how to handle a higher- than-expected acceptance rate on buyout and early-retirement offers, which were made earlier this year to reduce the automaker's hourly work force.

AUBURN HILLS, Mich. -- Chrysler Group is trying to figure out how to handle a higher-than-expected acceptance rate on buyout and early retirement offers, which were made earlier this year to reduce the automaker's hourly work force. About 6,400 U.S.

More hourly workers than planned have shown interest in taking a buyout or early retirement packages being offered by the Chrysler Group, the company said yesterday.

Chrysler Group is trying to figure out how to handle a higher-than-expected acceptance rate on buyout and early retirement offers, which were made this year to reduce the automaker’s hourly work force.

AUBURN HILLS - Chrysler Group has found nearly 40 percent more of its U.S. hourly workers than expected are interested in buyout and early retirement packages.

Nearly 40 percent more U.S. hourly workers than planned have expressed interest in taking buyout and early retirement packages being offered by the Chrysler Group this year.

GLASSBORO A Meadows Drive man was arrested here Thursday after fleeing from police in Clayton. Donald Osbourne, 29, was stopped at about 8:18 p.m. by Clayton police, but fled at the wheel of a 2007 Chrysler.

AUBURN HILLS, Mich. — Chrysler Group is trying to figure out how to handle a higher-than-expected acceptance rate on buyout and early retirement offers, which were made earlier this year to reduce the automaker's hourly work force.

VANCOUVER, British Columbia -- DaimlerChrysler introduced advanced diesel technology in Canada in the seemingly most sensible way. It started small, very small, bringing forth its Smart ForTwo car in 2004 with a 40-horsepower, 0.8-liter, three-cylinder, direct-injection diesel engine.

Thomas Sidlik, the head of global purchasing at DaimlerChrysler AG, will leave the company as the planned sale of the Chrysler Group eliminates his responsibilities, according to people familiar with the situation.

Since arriving on the scene in April, the Chrysler Employee Buyout Committee has been very vocal about DaimlerChrysler AG's plans for the Chrysler Group, now being sold to private equity firm Cerberus Capital Management LP.

Editor's Note: Lee Iacocca, the former chief executive officer of Chrysler and the author of a new book, "Where Have All the Leaders Gone?" is a longtime crossword fan. He wrote the clues for this puzzle.

SALES INCREASE AT MCDONALD?S The McDonald?s Corporation posted its largest monthly sales increase in more than three years, helped by the popularity of its small sandwiches in France and a big green ogre called Shrek in the United States. The chain said sales rose 8.7 percent in May at restaurants open at least 13 months. Wall Street analysts had been expecting a rise of 5 percent, according to ...

More employees than expected are taking Chrysler up on its buy-out offer. are part of the company's three-year restructuring plan. Some

AUBURN HILLS, MI-AP — More employees than expected are taking Chrysler up on its buy-out offer. About 64-hundred US workers have signed up for the offers that are part of the company's three-year restructuring plan.

AUBURN HILLS, Mich. (AP) - More employees than expected are taking Chrysler up on its buy-out offer. About 6,400 US workers have signed up for the offers that are part of the company's 3-year restructuring plan.

AUBURN HILLS, Mich. (AP) - More employees than expected are taking Chrysler up on its buy-out offer. About 6,400 US workers have signed up for the offers that are part of the company's 3-year restructuring plan.

Chrysler Group is trying to figure out how to handle a higher-than-expected acceptance rate on buyout and early retirement offers, which were made earlier this year to reduce the automaker's hourly work force.

About 6,400 UAW workers say they're willing to leave the automaker, source says, 40% more than expected.

June 8 (Bloomberg) -- DaimlerChrysler AG's Chrysler Group has received more buyout and early retirement requests than it forecast, signaling its efforts to reduce labor costs may pay off, according to a person with direct knowledge of the matter.

Chrysler Group is trying to figure out how to handle a higher-than-expected take rate on buyout and early retirement offers made earlier this year to reduce its hourly work force.

AUBURN HILLS, Mich. -- Chrysler Group is trying to figure out how to handle a higher-than-expected take rate on buyout and early retirement offers made earlier this year to reduce its...

The new 2007 Dodge Nitro and the 2007 Chrysler Sebring are being known as duds after Bob Lee, head of powertrain engineering, told Chrysler employees at a recent question-and-answer session that the company misjudged the market for the two cars.

Presidential hopeful Hillary Rodham Clinton on Saturday will visit Michigan, where she hopes to court union voters who remain a key base for Democratic candidates.

"Good except for this problem and the lack of dealer awareness and resolve by Chrysler to resolve it!" What things have gone wrong with the car? General comments?

Nearly 40% more U.S. hourly workers than planned have expressed interest in taking buyout and early retirement packages being offered by the Chrysler Group this year, the Free Press has learned.

While attention has been focused on the expected closing of the Chrysler plant, another large Newark area employer is adding jobs. Medical test manufacturer DadeBehring this week unveiled an expansion at its operations in Glasgow that includes projections for an additional 90 jobs.

DaimlerChrysler AG's venture in China — Beijing Benz-DaimlerChrysler Automotive Co. — recalled 1,443 Chrysler 300C sedans in order to fix faulty transmissions that may cause oil leaks.

Nothing has really gone wrong, except the roof liner. Have done normal preventive maintenance. Car is prone to stalling when cold. The seats are for my frame ideal.

Nearly 40% more U.S. hourly workers than planned have expressed interest in taking buyout and early retirement packages being offered by the Chrysler Group this year, the Free Press has learned.

June 8 (Bloomberg) -- The following stocks may rise or fall in German markets. DAX futures expiring in June dropped 31, or 0.4 percent, to 7585 as of 8:19 a.m. in Frankfurt. The DAX sank 111.44, or 1.4 percent, to 7618.61 on the Xetra electronic-trading system yesterday.

A top Chrysler Group executive said in a recent frank internal question-and-answer session with employees that the automaker seriously misjudged the market in developing the panned Chrysler Sebring and Dodge Nitro last year, and is swiftly moving to improve current and future vehicles.

DETROIT -- The dash-mounted CD player could quickly go the way of 8-tracks and quadraphonic sound, a vice president from Siemens VDO said Thursday at the Ward's Auto Interiors Show in Detroit.

PETOSKEY -- The man dressed in artfully disheveled black looks out of place in the parking lot of the Petoskey Cinema, a sleepy cineplex in this northern Michigan resort town of 6,000. The Michael Moore staffer has flown in on the red-eye flight from Los Angeles via New York with a print of Moore's new documentary film "Sicko" that he and his director boss must scan for errors.

June 8 (Bloomberg) -- DaimlerChrysler AG's venture in China recalled 1,443 Chrysler 300C sedans to fix faulty transmissions that may cause oil leaks.

German luxury car maker DaimlerChrysler A.G. is recalling 1,443 Chinese-made Chrysler 300C sedans to fix defective transmission cooling systems, China's quality watchdog said on Friday.

German luxury car maker DaimlerChrysler A.G. (DCXGn.DE) is recalling 1,443 Chinese-made Chrysler 300C sedans to fix defective transmission cooling systems, China's quality watchdog said on Friday.

Southfield-based Federal-Mogul Corp. said Wednesday that objections raised by Ford Motor Co., Chrysler Corp. and Volkswagen of America Inc. do not pose a threat to its plans to exit Chapter 11 bankruptcy on June 18.

Beijing Benz-DaimlerChrysler Automotive Co. Ltd. will recall 1,443 Chrysler 300C sedans due to potential gearshift oil cooler problems, China's market watchdog said on Thursday.

BEIJING (XFN-ASIA) - Beijing Benz-DaimlerChrysler Automotive Co Ltd, a joint venture between DaimlerChrysler AG and Beijing Automotive Industry Corp, said it is recalling 1,443 Chrysler 300C sedans due to potential problems with the gearshift oil cooler.

CERBERUS Capital Management, described as a “private equity firm”, is plunking down some US$7.4 bil (RM25.2bil) to take over Chrysler from its German owners and take on its health and pension obligations to workers.

"This is one serious ride with a few modifications." What things have gone wrong with the car?

Added Attractions Race Weekend Include Offshore Boats, Family Entertainment And Festival Atmosphere DETROIT, June 7 /PRNewswire/ -- The Detroit River turns into the...

Two women and 4-year-old boy were recovering from injuries sustained in a head-on collision on State Highway 78, Wylie officials said Thursday. Driver Noelia Barrios, 31, of Wylie, suffered from fractures to her face and leg and was flown to Parkland Memorial Hospital.

NEW YORK----Ithaka Acquisition Corp. announced today that its special meeting of stockholders will be held on June 21, 2007 at 10:00 a.m. eastern time, at the offices of Graubard Miller, Ithaka's counsel, at The Chrysler Building, 405 Lexington Avenue, 19th Floor, New York, New York 10174.

Detroit Mayor Kwame Kilpatrick ® and Chrysler Jeep Superstores Association President Jim Schebil announce the "2007 Chrysler Jeep Superstores Detroit APBA Gold Cup" unlimited hydroplane races July 13-15, 2007 on the Detroit River.

Kevin Darr

Outrage. Disbelief. Downright disgust. Those were readers' reactions to our recent story about 13 great fuel efficient cars, which featured several trucks and SUVs.

Beijing Benz-DaimlerChrysler Automotive Co. Ltd. will recall 1,443 Chrysler 300C sedans due to potential gearshift oil cooler problems, China's market watchdog said on Thursday.

AUBURN HILLS, Mich. – During the announcement of the 2008 Chrysler Sebring production at the Sterling Heights Assembly Plant this week, the company highlighted its expanded Flexible Manufacturing Strategy (FMS), which allows for the manufacture of multiple products on one assembly line.

©2007 NPT PHOTO BY PAUL MEADOR Boys & Girls Club youngsters checked out the beautiful 2007 Chrysler Aspen from Stinnett Chrysler of Newport on Wednesday afternoon.

©2007 NPT PHOTO BY PAUL MEADOR Ronda Gribble of Stinnett Chrysler in Newport presents Grace Christian School principal Nathan Bailey with a hefty donation through the Chrysler Hole-In-One Tournament program.

Chrysler Group CEO Tom LaSorda (left), Ford Motor Co. CEO Alan Mulally and General Motors Corp. CEO Rick Wagoner discuss problems facing the auto industry Wednesday on Capitol Hill.

The Detroit River turns into the "Super Bowl" of powerboat racing with the 2007 Chrysler Jeep Superstores APBA Gold Cup races July 13-15, 2007 featuring unlimited hydroplanes boats with 3,000 horsepower engines hitting 200 miles-per-hour and covering a football field in less than a second.

Automobile companies seem to be making progress in tamping down Democratic Party proposals for tougher requirements, an issue that pits powerful Democrats from Michigan against national leaders of their own party.

Some of the best-performing shares worldwide this year belong to companies that are beating the stock market by getting smaller.

The heads of Detroit's auto industry asked Congress yesterday to reconsider a proposal to increase fuel standards that the automakers say could hurt their industry.

Chrysler Group's sales outside North America rise 24 percent

Meeting with Senate Democrats are (from left) Chrysler CEO Tom LaSorda, Ford CEO Alan Mulally, GM CEO Rick Wagoner, and UAW president Ron Gettelfinger.

The 2007 Chrysler Jeep Superstores Detroit APBA Gold Cup Race heats up fun for the whole family.

Wolfgang Bernhard, a former top Chrysler executive, is making his presence known around the Auburn Hills automaker's headquarters. As a consultant for Cerberus Capital Management, the private equity firm that is supposed to take control of Chrysler later this year, Bernhard has an office in the building and is keeping an eye on operations.

Democrats tell Big 3 to prepare for higher fuel standards. Detroit wants the administration, not Congress, to set rules. WASHINGTON — Congress has avoided upgrading fuel efficiency standards for new vehicles during the last two decades. With $3-a-gallon-plus gasoline prices and global warming, however, there may be a new outlook on Capitol Hill.

The heads of Detroit's auto industry asked Congress on Wednesday to reconsider a proposal to increase fuel standards that the automakers say could hurt their industry. The leaders of General Motors, Ford and the Chrysler Group discussed the impact of health care, trade and energy policies on their companies, and they asked House and Senate leaders to look at alternatives to a proposed overhaul of ...

With awards being handed out right and left in the auto industry this week, just about every company has something to brag about.

General Motors, Ford and Chrysler say standards don't work. | The heads of Detroit's auto industry asked Congress on Wednesday to reconsider a proposal to increase fuel standards that the automakers say could hurt their industry.

FRANKFURT, Germany — DaimlerChrysler AG said Wednesday that Chrysler Group sales outside North America rose 24 percent in May to 20,553 vehicles.