Chrysler (Page 32)

The key roadblock preventing Fiat SpA from possessing their desired 51% of the Chrysler Group is the amount of debt owed to the US and Canadian governments but the American automaker announced this morning that they will be paying off the entirety of these loans – freeing up Fiat to make the final moves to have their majority stake in the Chrysler Group.

In 2010, Alfa Romeo celebrated their 100th anniversary and to commemorate the centennial, Italian coachbuilder Zagato has announced the TZ3 Stradale – a limited edition supercar based on the record-setting Dodge Viper SRT10 ACR.

Polk, a provider of automotive information, has determined that Toyota was the most popular brand among African American new car buyers in 2010. Ford, Chevrolet and Honda were all practically locked in a statistical tie for second place.

The Chrysler Group announced today that they come to terms to sell the Global Electric Motors (GEM) brand and the majority of the assets related to the GEM brand to Polaris Industries.

The National Highway Traffic Safety Administration has opened an investigation of the Jeep Liberty over rust-related suspension issues; marking the fourth time the compact Jeep has faced a possible recall of this type since 2003.

During their press conference yesterday at the 2011 New York International Auto Show, Chrysler CEO Francois Olivier introduced a trio of new trimlines for the Chrysler 300 sedan and included in that group is the new 2012 Chrysler 300 S – the full sized sedan that will introduce consumer America to the 8-speed automatic transmission.

Amidst a Detroit-based choir belting out their own version of Eminem’s Lose Yourself on stage at the 2011 New York International Auto Show, Chrysler CEO Olivier Francois introduced the 2012 Chrysler 300C Executive Series – a vehicle which the company head claims is “the most luxurious Chrysler flagship sedan ever”.

We have known for months that a high performance Jeep was on the way thanks to testing shots from Germany’s Nürburgring and as the 2011 New York International Auto Show opened to the media this week, the world was formally introduced to the 2012 Jeep Grand Cherokee SRT8.

Today as the 2011 New York International Auto Show opened, the Chrysler Group introduced their newest high performance luxury car as the 2012 Chrysler 300 SRT8 met the world.

The 2011 Chrysler 200 sedan and convertible hope to erase the demons of the vehicle previously known as the Chrysler Sebring and to help with that effort, Chrysler has rolled out the sporty new S package for the new Chrysler 200 sedan and convertible at the 2011 New York International Auto Show.

Earlier today, we brought you the news of the 2012 Dodge Avenger R/T making its grand debut at the 2011 New York International Auto Show and to help draw attention to the often-forgotten mid-sized sedan Mopar and Magneti Marelli brought out the heavily modified Dodge Avenger Rally Car.

The 2011 New York International Auto Show opened today to the media and the folks at Dodge used the Big Apple show to unveil the performance variant of their mid-sized sedan – the 2012 Avenger R/T.

Chrysler and Fiat Sergio Marchionne has stated since shortly after the merger of the two companies that he wanted for Fiat to own 51% of the Chrysler Group by the end of 2011 and while there has been some speculation as to when that number will be reached, Fiat could own 46% of Chrysler as soon as June.

When I had a chance to sit down with Dodge CEO Ralph Gilles at the 2010 LA Auto Show, he explained that the Viper would return in the spring or summer of 2012 as a 2013 model year vehicle and today, Chrysler issued a diminutive press release making that information official.

The Dodge Viper has been out of production for almost a year now but the American supercar continues setting records around the world, with the latest claim coming at Miller Motorsports Park in Utah.

Today at the Mopar Accessory and Performance Parts Lab, Chrysler’s Mopar group announced a new partnership with Magnet Marelli and Shell as part of their Express Lane service program and to celebrate the occasion, the recently announced Mopar ’11 Charger was there to make its first media appearance.