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Chrysler Group Confirms Diesel Jeep Grand Cherokee

Earlier this year, rumors circulated that the Jeep Grand Cherokee would be available with a diesel engine. Sergio Marchionne, CEO of Chrysler Group LLC and FIAT, confirmed those rumors to Automotive News, and said that a diesel Grand Cherokee will be available in 2013. Car and Driver says that potentially, additional European Chryslers with diesel engines will be sold in the United States. “As such, we think it’ll be offered in the Chrysler 300 here, and perhaps its Dodge ... continue reading»

Tags: News, Chrysler 300, Dodge Charger, Dodge Durango, Jeep Grand Cherokee, Chrysler, FIAT, CAFE, Ram 1500, diesel

Chrysler Group Decreases Prices on Several Models for 2012

If you’re shopping for a Jeep, Dodge or Chrysler vehicle, you may want to wait for the 2012 versions to go on sale because Chrysler Group is dropping the base MSRPs on several models, as reported in its 2012 pricing list. The base 2012 Jeep Grand Cherokee will cost $3,220 less than the 2011 version with a new price of $26,995. For 2012, the base Dodge Journey gets $1,250 slashed off its base price, and now ... continue reading»

Tags: News, Chrysler, Dodge, Jeep, Ram, 2012 pricing

Chrysler Launches No Payments for 90 Days Incentive

Chrysler Group introduced a new incentive program Wednesday to help it sell more vehicles. The automaker, whose brands include Dodge, Jeep, Chrysler and Ram, is letting buyers postpone their monthly car payments for the first 90 days. The incentive, which expires Sept. 16, is good on all 2011 and 2012 Chrysler Group vehicles, excluding FIAT. Chrysler’s no payments for 90 days deal is in addition to zero-percent financing up to 60 months on most Chrysler, Jeep, Dodge and Ram ... continue reading»

Tags: News, Chrysler, Dodge, Jeep, FIAT, car deals, new car incentives, Ram

U.S. Sells Remaining Chrysler Shares to FIAT

The U.S. Treasury announced Thursday it has sold the rest of its shares of Chrysler Group LLC to Italian automaker FIAT. This move makes FIAT the majority owner of Chrysler, with a 53.5 percent stake, The Detroit News reports. “With today's closing, the US government has exited its investment in Chrysler at least six years earlier than expected,” Assistant Secretary for Financial Stability Tim Massad says in a statement released Thursday. The Treasury department says it received ... continue reading»

Tags: News, Chrysler, FIAT

Fiat Purchases Remaining Stake in Chrysler from U.S. Treasury

The U.S. Treasury announced Thursday it will sell its remaining 6 percent stake in Chrysler Group LLC to Italian automaker Fiat. Fiat will purchase 98,461 shares of Chrysler Group for $500 million. Once the sale is complete, the U.S. Treasury says it will have “fully exited its TARP investment in Chrysler Group LLC.” TARP (Troubled Asset Relief Program) is a program where the U.S. government purchases troubled assets and equity from banks and other financial institutions ... continue reading»

Tags: News, Chrysler, FIAT

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