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FIAT to Purchase Remainder of Chrysler Group

Fiat 500 Abarth Cabrio Italian automaker FIAT announced Wednesday that it will have complete ownership of Auburn Hills, Mich.-based Chrysler Group LLC after FIAT agreed to buy the remaining shares owned by the VEBA Trust, a UAW trust fund. FIAT will purchase the shares, which account for 41.5 percent of Chrysler Group, in an agreement worth $4.35 billion, Forbes reports. Chrysler Group LLC includes the Chrysler, Dodge, Jeep, Ram, FIAT, SRT and Mopar brands. The Associated Press reports that FIAT stocks ... continue reading»

Tags: News, FIAT, Chrysler Group LLC

Chrysler Group Will Retire Town & Country and Jeep Compass

Chrysler Group LLC will make some significant changes to its Chrysler, Dodge, Jeep and FIAT model lines within the next few years. The Chrysler Town & Country will end production in 2014, according to Automotive News, and an all-new crossover will take its place. Automobile Magazine speculates that the minivan’s “replacement will be an upscale crossover that might resemble the Mercedes-Benz R-Class.” When the Town & Country is retired, the Dodge Grand Caravan will be the automaker’s sole minivan. In ... continue reading»

Tags: News, Jeep Compass, Fiat 500, Chrysler, Dodge, Jeep, FIAT, Chrysler Town Country, Dodge Dart

Chrysler Group CPO Program Will Include Vehicles from Other Automakers

Automaker certified pre-owned (CPO) programs generally only include vehicles made by that manufacturer. Chrysler Group is trying a different approach. Through a new CPO program called Diversified Certified, Chrysler, Jeep, Dodge, Ram and FIAT dealers will sell used vehicles from other automakers that will be covered with a Chrysler Group warranty. Shoppers looking for a certified pre-owned Honda, for example, may be able to buy one at a Chrysler Group dealership. “Just because we didn’t build the vehicle, doesn ... continue reading»

Tags: News, Used Cars, Chrysler, Dodge, Jeep, FIAT, Ram, certified pre owned cars

Chrysler Group and GM Offer New-Car Buy-Back Program

General Motors and Chrysler Group have introduced a new program in some areas of the country where they will buy back your car after four years at a set price. GM and Chrysler Group both work with Ally Financial as their preferred lender for new-car financing, and with Ally’s new program, called Buyer’s Choice, the lender will buy back your vehicle if you decide you don’t want it anymore. Ally’s program is good on purchases of ... continue reading»

Tags: News, Financing, Buick, Cadillac, Chevrolet, Chrysler, Dodge, GMC, Jeep, FIAT, car deals, Ram, Ally Financial

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

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