Dear Employees, As this eventful year draws to a close, I’d just like to take a moment and once again express my personal appreciation and thank you for your commitment and dedication to Chrysler LLC. Reflecting back on the year, I’m sure we can all agree that this one stands out for the extraordinary challenges [...]

The senate didn’t pass the bailout legislation yesterday citing unwillingness of the UAW to take pay cuts to bring them inline with the Japanese automakers pay.  Nardelli sent a letter to his employees, here is what it said: Dear Employees: We are all obviously disappointed in what transpired in the Senate last night. While a [...]

With lawmakers drawing closer to a loan deal to save Chrysler and General Motors, Chrysler CEO Bob Nardelli told workers this morning that he is “very encouraged by developments over the weekend.” “While the situation in Washington remains dynamic, I am very encouraged by the developments over the weekend and the growing interest shown by [...]

Chrysler submitted their plan today to congress that outlines how it plans to become more healthy.  Chrysler has a good chance of going under without some kind of federal aid like it received in the early 80s.  In order to remain viable it is looking for $7 billion in loans, less than Ford and much [...]

Mr. Chairman, members of the Committee, I appreciate this opportunity to address the current economic and financial crisis, the impact it is having on the automotive industry, and the need for immediate action. During the 15 months I’ve been part of Chrysler, and since we’ve emerged as the first privately held American auto company in [...]

Cerberus Capital Management LP, wading into the politics of a U.S. auto-industry bailout, would give up any profit on a future sale of Chrysler LLC should the company receive federal financial aid. Chrysler also expects the U.S. government to take a stake in the company in any rescue, CEO Bob Nardelli said yesterday. Federal backing [...]

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 [...]

Bob Nardelli sat down with Charlie Rose recently and talked about a number of topics about Chrysler and the auto industry as a whole.