Chrysler announced Monday it is working to develop an electric-powered version of the Fiat 500. The Fiat 500EV will not only showcase the engineering abilities of Chrysler post-bankruptcy, but also the ability of the new company to work with Fiat, something that was lacking in the Mercedes-Benz relationship. “The alliance with Fiat presented new opportunities […]
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Posted in Budget-friendly, New cars on Feb 16th, 2010
Chrysler has announced that the Fiat 500 will go on sale in the United States before the end of 2010, according to Motorauthority. The 2011 Fiat 500 will be the first Fiat car to hit the U.S. since the company bought a large stake in Chrysler. The 500’s success will likely determine how many Fiat […]
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Posted in Automotive, Chrysler on Sep 17th, 2009
Fiat recently agreed to take over control of Chrysler in order to rescue the company from liquidation and provide an outlet for Fiat’s cars in America. Now it turns out that Fiat didn’t even bother to do a few Google searches before agreeing to the deal. Fiat’s CEO told reporters that the situation at Chrysler […]
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Posted in Automotive on Jun 10th, 2009
Last night, the Supreme Court ended the delay of Chrysler’s sale to Fiat, overruling the objections made on Friday by several of Chrysler’s debtors. Two of the State of Indiana’s Pension funds, as well as consumer advocacy groups and several individuals with pending lawsuits against Chrysler fought to delay the sale to have their arguments […]
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Posted in Automotive on Jun 8th, 2009
The sale of Chrysler’s assets to a group consisting of Fiat, the U.S. government, and the UAW healthcare trust has been put on hold by Supreme Court Justice Ruth Bader Ginsburg. According to the Associated Press, Justice Ginsburg ordered the sale “stayed pending further order.” Ginsburg’s delay of the Chrysler sale means that the Supreme […]
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Posted in Automotive on Jun 5th, 2009
The U.S. Court of Appeals for the Second Circuit in New York City has agreed to hear the State of Indiana’s objections to Chrysler’s bankruptcy proceedings, according to The Detroit Bureau. The State of Indiana believes that the quick bankruptcy many believe is essential to Chrysler’s future viability is leaving secured lenders like itself with […]
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Posted in Automotive on Jun 1st, 2009
The judge presiding over Chrysler’s bankruptcy case approved on Sunday the sale of the company’s assets to a group consisting of Fiat, the UAW health care trust, and the U.S. and Canadian governments. Nearly all of the objections that threatened to stall the sale were thrown out, according to Reuters. The new company will pay […]
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Posted in Automotive on May 21st, 2009
A group of Chrysler dealers that Chrysler plans to close on June 9th has banded together and asked the bankruptcy court to delay Chrysler’s sale to Fiat. The group, called the Committee of Chrysler Affected dealers, is made up of about 300 Chrysler dealers from 45 states. Chrysler is planning to terminate 789 dealership franchise […]
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Posted in Automotive on May 11th, 2009
Chrysler’s alliance with Fiat will most likely bring the stylish, tiny Fiat 500 to America. Strangely, if the 500 goes on sale in America, it could also bring its competition with it, in the form of the Ford Ka. The Ka and 500 are based on the same platform, and European models of the cars […]
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Posted in Automotive on May 6th, 2009
Hundreds of pages of Chrysler’s bankruptcy documents have been scoured by Edmunds Inside Line, and they have revealed which Fiat and Alfa Romeo vehicles will make the trip to America to be sold by the merged company. The documents state that only cars in size segments not currently offered by Chrysler will be sold in […]
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