Chrysler
GM Terminates Merger Talks with Chrysler LLC
GM’s Official Statement:
“GM has recently explored the possibility of a strategic acquisition that it believed would generate significant cost reduction synergies and substantially strengthen GM’s financial position in the medium and long term, while being neutral or modestly positive to cash flow even in the near term.”
“While the acquisition could potentially have provided significant benefits, […]
Chrysler LLC Launch Aspen and Dodge Durango Hybrid Versions Production
Chrysler LLC has launched production of the hybrid versions of its Chrysler Aspen and Dodge Durango SUVs, set to go on sale this fall.
Chrysler’s Newark, Del., assembly plant started building the SUVs this week. The plant is Chrysler’s first to build vehicles with its gasoline-electric Two Mode hybrid system.
The hybrid system called for new assembly […]
