Clik here to view.
New Chrysler boss snubs salary
Bob Nardelli will accept a salary of just $1 a year in his new role as chief executive and chairman of Chrysler, it has been reported. Nardelli, the former head of Home Depot, received a record $210m...
View ArticleClik here to view.
DaimlerChrysler wins £35,000 legal wrangle with car dealer
DaimlerChrysler has reached a £35,000 settlement with London-based P & S Motors after the independent car dealer was caught using unauthorised Mercedes-Benz company logos. P & S Motors has run...
View ArticleClik here to view.
New Mercedes site in Hertfordshire
A new Mercedes-Benz Hertfordshire dealership has opened in Stevenage following the closure of the Hitchin site. The new centre displays 16 cars and offers servicing, MoT and repairs. Well appointed The...
View ArticleClik here to view.
Deal on Daimler name
DaimlerChrysler has agreed a deal with Ford enabling it to rename itself Daimler. The name is currently owned by Jaguar, the Premier Automotive Group brand for which Ford is currently considering bids....
View ArticleClik here to view.
Chrysler Group takeover leaves UK unaffected
The Chrysler Group’s recent takeover has had no detrimental effect on sales of the company’s products in Britain, the brand has claimed. Customers have remained unmoved by media speculation and the...
View ArticleClik here to view.
DaimlerChrysler marketing boss quits
Steve Gray, one of the longest serving marketing directors in the automotive sector, has left DaimlerChrysler UK. Gray played a major role in establishing the success of the Chrysler and Jeep brands in...
View ArticleDaimler finally ditches Chrysler following name change
DaimlerChrysler has expunged the memory of its ill-fated merger with the American carmaker Chrysler after finally agreeing on a name change. Following months of debate, shareholders yesterday approved...
View ArticleClik here to view.
Chrysler UK boss in shock departure
Chrysler UK boss Peter Lambert has left the company days before the organisation demerges from DaimlerChrysler. Lambert’s role has already been filled on an interim basis by former managing director...
View ArticleClik here to view.
Chrysler wields the axe on three models
Chrysler is set to axe three struggling models, including the PT Cruiser, as new owners Cerberus begin to stamp their authority on the company. According to the Detroit News, the once-popular PT...
View ArticleClik here to view.
Mercedes-Benz SLK: First pictures released
DaimlerChrysler has released the first pictures of its new Mercedes-Benz SLK-Class Roadster. The second generation two-seater incorporates 650 newly developed parts and new-look front and rear...
View ArticleDCX confirms Chrysler talks
DaimlerChrysler chairman Dieter Zetsche has confirmed the carmaker is in talks with potential buyers about the sale of its struggling Chrysler unit. Ending weeks of speculation and rumour, Zetsche...
View ArticleClik here to view.
Chrysler receives Kerkorian bid
Veteran corporate raider Kirk Kerkorian has made an official bid for the loss-making American car giant Chrysler. Kerkorian has bid $4.5bn for the group His Tracinda investment business is offering...
View ArticleClik here to view.
DaimlerChrysler in shock shareholding
A regional German bank has shocked the motor industry by disclosing it had built up the largest shareholding in DaimlerChrysler. West LB bank has the biggest stake in DCX WestLB has accumulated a 14...
View ArticleClik here to view.
Daimler seals $7.4bn Chrysler sale
DaimlerChrysler has sold its Chrysler division to US private equity firm Cerberus in a multi-billion dollar deal. Cerberus has acquired an 80.1 per cent stake in the ailing carmaker and its related...
View ArticleClik here to view.
Chrysler bosses move to ease dealer concerns
Chrysler UK management will spend next week on a six-venue roadshow to reassure dealers unsettled by the recent sale of the manufacturer to private equity company Cerberus. Dealers have expressed fears...
View ArticleClik here to view.
Chrysler forms alliance with Chery Automobile
Chrysler has formed an alliance with Chinese manufacturer Chery Automobile to produce small cars. The two carmakers will work together to develop, manufacture and distribute Chery-made small and...
View ArticleDCX confirms Chrysler talks
DaimlerChrysler chairman Dieter Zetsche has confirmed the carmaker is in talks with potential buyers about the sale of its struggling Chrysler unit. Admin
View ArticleChrysler receives Kerkorian bid
Veteran corporate raider Kirk Kerkorian has made an official bid for the loss-making American car giant Chrysler. Kerkorian has bid $4.5bn for the group His Tracinda investment business is offering...
View ArticleDaimlerChrysler in shock shareholding
A regional German bank has shocked the motor industry by disclosing it had built up the largest shareholding in DaimlerChrysler. West LB bank has the biggest stake in DCX WestLB has accumulated a 14...
View ArticleDaimler seals $7.4bn Chrysler sale
DaimlerChrysler has sold its Chrysler division to US private equity firm Cerberus in a multi-billion dollar deal. Cerberus has acquired an 80.1 per cent stake in the ailing carmaker and its related...
View Article
