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Detroit Risks Falling Back into Temptation
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Detroit carmakers Chrysler and GM are falling back on incentives to grow sales for 2010 models. Chrysler is offering rebates upto $4000 and 0% financing. But it is a sign of how low the capacity utilization is in the industry. North American auto capacity utilization will average about 50% in 2009 according to JD Power & Associates.
The new Chrysler that is emerging from bankruptcy with government help under Fiat's Marchionne.
11/10/2006
Marchionne has kept many of the managers from the previous Chrysler. Jim Press is deputy CEO and adviser. He came from Toyota. Everything else will change. He is flattening the organization structure to improve communication and speed. Smaller car lineup will replace the prior lineup, and Fiat's engine technology will provide help for fuel efficient cars.
Grouped Articles
Fiat, in Deal With Union, Will Buy Rest of Chrysler
New York Times 01/01/2014
Worker Reaction to Chrysler bankruptcy
Detroit Free Press 05/04/2009
Bankruptcy reality sets in for Chrysler, workers
Detroit Free Press 05/04/2009
Chrysler reborn under alliance with Fiat
Detroit Free Press 05/04/2009
Impact:: Bankruptcy Announcement
Detroit Free Press 05/04/2009
Chrysler tried in vain to sell parts to Chinese, form partnerships
Detroit News 05/04/2009
Warning signs for Chrysler in 2010.
01/18/2008
Can Chrysler survive 2010 and 2011?
Grouped Articles
Chrysler Posts $172 Million Loss Amid Sluggish Sales
Wall Street Journal 08/09/2010
Chrysler Partners Have Many Goals
New York Times 05/01/2009
BusinessWeek 10/28/2009
U.S. Car Sales Were Flat in October
Wall Street Journal 11/04/2009
Jeep Will Star Abroad In Chrysler Revamp
Wall Street Journal 11/04/2009
Wooing buyers is top priority for Chrysler
Detroit News 11/25/2009
Changes in the car market in 2009 after the GM (General Motors) and Chrysler bankruptcy.
01/12/2009
Hyundai, Kia, and VW increase market share. With gains coming from both the American carmakers and the Japanese carmakers. Hyundai offering quality at a lower price and getting name recognition with innovative marketing like the Hyundai Assurance Plan that protects buyers in the event of job loss.
Grouped Articles
Chrysler Posts $172 Million Loss Amid Sluggish Sales
Wall Street Journal 08/09/2010
Chrysler Files to Seek Bankruptcy Protection
New York Times 05/01/2009
Chrysler’s Fall May Help Administration Reshape G.M.
New York Times 05/03/2009
Small Carmakers Benefit From Detroit’s Woes
New York Times 06/22/2009
With Low Prices, Hyundai Builds Market Share
New York Times 09/22/2009
Detroit Risks Falling Back into Temptation
Wall Street Journal 11/25/2009
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