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Strong Grand Cherokee sales keep factory humming
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 [...]
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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