Chrysler | featured news

The head of Italian automaker Fiat is considering a plan to hold a public stock offering after the company buys 100 percent of Chrysler, according to a person briefed on the matter.

March is turning out to be the best month for auto sales in at least six years. Major automakers including Ford, Chrysler, Toyota, General Motors and Nissan all reported increases, with some reporting their best monthly totals since the start of the Great Recession in December of 2007.

Chrysler has issued an unusually dire warning to some owners of its Dodge Challenger muscle car warning them to park the vehicles until it can make repairs due to a risk of fire. According to Chrysler, the wiring harness is the source of the problem due a batch of potentially mis-wired electrical components.

A Chrysler spokesman says someone hacked into the Jeep brand's twitter account Tuesday afternoon, making false Tweets for about an hour until the company that handles its social media regained control.

Fiat SpA, the Italian automaker that controls Chrysler LLC, saw fourth quarter earnings more than double thanks to strong North American sales that more than compensated for a weak performance in Europe.

At Detroit’s annual auto show, the carmaker’s chief executive said he expected the upward sales trend to continue this year, bolstering both Chrysler and its parent, Fiat.

Chrysler is recalling more than 919,000 older-model Jeep SUVs worldwide because the air bags can inflate while people are driving them.

...The ad also comes on the heels of Mitt Romney’s mistaken claim in a speech last week that Chrysler was moving Jeep production to China — a statement immediately denied by the auto manufacturer. Yet the story apparently was too good for Romney to give up, because the ad repeats the claim, tweaked slightly to make it more accurate.

General Motors Co, the largest U.S. automaker, reported a 1.5 percent increase in September auto sales on the strength of its passenger car sales, while Ford Motor Co posted sales that were on par with its results from a year earlier.

"If he [Obama] didn't come through and give that vote and say, 'Yes we have got to save Chrysler. We have to save GM. We've got to do this,' all this Sterling Heights would have been gone, would have been dead."