Chrysler, Big Three | featured news

Chrysler Group LLC lost a staggering $3.8 billion from the time it left bankruptcy protection June 10 through the end of last year, but the automaker says its fortunes have improved.

Chrysler Group LLC Chief Executive Sergio Marchionne reiterated that the auto maker "intends to break even" on an operating basis this year and will hit its target of selling 1.1 million new vehicles in the U.S.

Chrysler Group LLC says it will invest $550 million to build the Fiat 500 minicar at its assembly plant near Mexico City.

Chrysler Group LLC will recall 24,177 vehicles due to a potential defect in a brake system that could result in sudden brake failure, the automaker said in a filing with the National Highway Traffic Safety Administration.

Chrysler broke even in September and finished the month with more cash than it had at the end of June, the company's chief executive said on Wednesday.

If union members accept the deal, Ford will gain some of the benefits that General Motors and Chrysler needed bankruptcy reorganization to achieve.

Chrysler Group LLC is planning to build the Fiat 500 small car at a plant in Mexico, according to a report published Monday.

The Supreme Court on Tuesday cleared the way for the U.S. government-backed sale of Chrysler LLC to a group led by Italian carmaker Fiat SpA, a victory for the bankrupt automaker and the Obama administration.

Italian carmaker says it won't walk away despite opposition to its deal from a small number of creditors.

Chrysler’s sale to Fiat is on hold until Monday while Indiana’s pension funds appeal to the Supreme Court.