by Associated Press Published: April 30,2012
Tags: Chrysler, Detroit, Employment, Jeep Cherokee, Sales
Sales of Jeep Grand Cherokee and Dodge Durango SUVs are so strong that their factory will stay open through the normal two-week summer shutdown. Automakers typically close plants around the July 4 holiday to update cars and trucks for the new model year and maintain the machinery. But the Jefferson North factory in Detroit that [...] [...]
by Associated Press Published: July 21,2011
Tags: Chrysler, Fiat, government
The Treasury Department said Thursday it has exited its investment in Chrysler LLC after Italian automaker Fiat SpA purchased the U.S. government’s remaining holdings in the auto company. Fiat paid $560 million to the Treasury Department for the government’s 98,000 shares. Fiat has run the company since it emerged from bankruptcy protection in June 2009. [...] [...]
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