Tag Archives: chrysler llc

An Open Letter From Bob Nardelli About the Chrysler-Fiat Alliance

PRESS RELEASE

To All Chrysler Stakeholders:

In our continuing effort to build a profitable enterprise for the future, we are announcing today that Cerberus, Chrysler LLC and Fiat S.p.A. have entered into a non-binding term sheet to establish a global strategic alliance. Upon completion of a due diligence process that is now underway and required approvals, the agreement is expected to be completed by April.

This represents a positive business strategy for Chrysler in today’s difficult economic environment. Chrysler management believes the alliance provides significant strategic benefits that support our viability and long-term competitiveness.

As a condition of the U.S. government loan…

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An Open Letter From Bob Nardelli About the Chrysler-Fiat Alliance

NAIAS 2009: Dodge Ram Wins International Truck of the Year

The 2009 Dodge Ram won the International Truck of the Year just before the ‘09 NAIAS in Detroit.

PRESS RELEASE

Detroit, Jan 10, 2009 – This evening, the all-new 2009 Dodge Ram earned the 2009 International Truck of the Year, awarded by International Car of the Year (ICOTY) jurors. The Dodge Ram beat the new 2009 Ford F-150 and Subaru Forester for top honors.
The ICOTY board consists of nationally renowned automotive editors and journalists from a variety…

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NAIAS 2009: Dodge Ram Wins International Truck of the Year