More than 100 Chrysler U.S. dealerships face possible closure

tryme submitted on 11/20/2009 Official Bell & Ross Timestamp: 2:15:10 PM

About 100 Chrysler Group US dealerships are in danger of closing unless they enter new financing deals with GMAC Financial Services or another lender, according to people familiar with the process. Chrysler spokeswoman Kathy Graham said however th...

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Report: Fiat scraps Chrysler’s electric car plans

tryme submitted on 11/9/2009 Official Bell & Ross Timestamp: 4:15:14 PM

Controlling shareholder Fiat S.p.A. decides to scrap the Chrysler Group’s electric car program in favor of a more traditional organization. This turnaround plan has already disbanded a team of engineers dedicated to produce a range of electric vehicl...

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