Financial issues with Chrysler/GM merger

While there are many sites and journals and blogs out there reporting that GM and Chrysler are just a hair away from merging one is reporting of the financial roadblocks to such a merger.  As it stands right now Cerberus has stated that they want to retain a major stake in any combined company, it’s [...]

Chrysler ENVI vehicles have a lot in common with the Volt

When Chrysler reveiled their three ENVI vehicles a few weeks ago we found that one of them was an all electric sports car for Dodge.  Likely a replacement for the Viper (Chrysler is looking to sell the Viper name for some cash, the new CAFE standards preclude Chrysler from making the Viper in a few [...]

Cerberus not selling it’s stake in Chrysler

Reuters is reporting that Cerberus Capitol Management is not looking to sell it’s stake in Chrysler.  Rather it would like to buy up a portion (or all) of whomever they make their deal with to combine the two automakers. “Cerberus executives have maintained repeatedly that they believe in the industry. They expect to be there [...]

GM and Chrysler might merge

There’s an article printed late today in the NYTimes that talks about GM possibly buying up Chrysler.  I find this to be an unlikely event, given the current state of the auto industry.  No automaker has any cash to buy up another one.  From the article: General Motors is in preliminary talks about a possible [...]

Chrysler and GM talk merger

The NYTimes is reporting that Chrysler and GM have been in talks for about a month now.  From the article: General Motors is in preliminary talks about a possible merger with Chrysler, a deal that could drastically remake the landscape of the auto industry by reducing the Big Three of Detroit automakers to the Big [...]

ENVI cars surprise analysts

Chrysler was very secretive about making their electric cars.  It started with a mandate in July of 2007 to make working prototypes by summer of 2009.  Chrysler took different people from all over the company and put them in their own skunkworks like group and were told to just get it done.  They have an [...]

Chryslers future is electric

Chrysler talks about it’s electric vehicles some more.  They estimate that by 2020 at least half of the market will be made up of vehicles that utilize batteries to get better mileage in one way or another.  It could be simply shutting the engine off at stops all the way up to fully battery powered [...]

Progress update at Green Car Conference

Lou Rhodes, the Chrysler VP in charge of the ENVI division plans to attend the Automotive News Green Car Conference.  At the conference Rhodes will address many questions about the ENVI program and give an update on Chrysler’s progress on it’s electric cars.  Chrysler only plans on releasing one of the EVs in 2010 with [...]

Chrysler to raise prices of 09 models $500

In the midst of terrible sales Chrysler has announced to its dealers that it will be raising the prices of it’s 09 models by an average of $500.  Shipping costs will also rise about $50, probably to due with the cost of fuel.  While the increase comes at an inopportune time Chrysler is also the [...]

How the ENVI division operates

With a target sales date of 2010 Chrysler’s ENVI division has a lot of work to do between now and then.  Usually it takes a much longer time to bring a new car to market, let alone a car with all new technology.  Usually the technology jumps are small new incorporations of additional features or [...]