Fiat SpA Boosts Chrysler LLC Stake to 30 Percent

Fiat’s merger with the Chrysler Group seems to be going well as the Italian company increased its overall stake in the Detroit automaker from 25 to 30 percent on Tuesday.

“The increase is the result of the Company’s achievement of the second of three performance-related milestones outlined in a recent amendment to its June 10 2009 Operating Agreement, which broadens the Chrysler Group-Fiat partnership and enhances Chrysler Group’s international market position,” Chrysler said in a press statement.

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Fiat SpA Boosts Chrysler LLC Stake to 30 Percent

Fiat’s merger with the Chrysler Group seems to be going well as the Italian company increased its overall stake in the Detroit automaker from 25 to 30 percent on Tuesday.

“The increase is the result of the Company’s achievement of the second of three performance-related milestones outlined in a recent amendment to its June 10 2009 Operating Agreement, which broadens the Chrysler Group-Fiat partnership and enhances Chrysler Group’s international market position,” Chrysler said in a press statement.

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2011 Dodge Durango puts on a Fiery Show at Cherry Blossom Parade [with Videos]

There's an old saying that any advertising is good advertising, but something tells us that the media attention received by the 2011 Dodge Durango Citadel at this past weekend’s National Cherry Blossom Festival Parade in Washington D.C. isn't exactly what the Chrysler Group had in mind for publicity.

As you can see after the jump in a small sample of the videos that made their way onto the web, a brand new Dodge Durango that was towing a parade float carrying a band, suddenly started blowing smoke from under the hood.

The driver was forced to come to a halt and open the bonnet to see what was going on. The situation only got worse as flames started spilling out and eventually something blew up. At the same time, the parade came to a stop and the crowd went video-crazy.

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2011 Dodge Durango puts on a Fiery Show at Cherry Blossom Parade [with Videos]

There's an old saying that any advertising is good advertising, but something tells us that the media attention received by the 2011 Dodge Durango Citadel at this past weekend’s National Cherry Blossom Festival Parade in Washington D.C. isn't exactly what the Chrysler Group had in mind for publicity.

As you can see after the jump in a small sample of the videos that made their way onto the web, a brand new Dodge Durango that was towing a parade float carrying a band, suddenly started blowing smoke from under the hood.

The driver was forced to come to a halt and open the bonnet to see what was going on. The situation only got worse as flames started spilling out and eventually something blew up. At the same time, the parade came to a stop and the crowd went video-crazy.

Read more »

Chrysler Group to Unveil New Production Model and a Race-Inspired Study at New York Auto Show

We’re used to the Chrysler Group unveiling new or heavily refreshed models lately, and it looks like the company will keep the product momentum going at next week’s New York International Auto Show. According to a brief statement from the Detroit automaker, the company is planning the premiere of an unnamed production model and what is being described as a “race-inspired project vehicle” at the Big Apple. Chrysler is being quite secretive about the debuts as the company did not give out any other details. Read more »

Chrysler Group to Unveil New Production Model and a Race-Inspired Study at New York Auto Show

We’re used to the Chrysler Group unveiling new or heavily refreshed models lately, and it looks like the company will keep the product momentum going at next week’s New York International Auto Show. According to a brief statement from the Detroit automaker, the company is planning the premiere of an unnamed production model and what is being described as a “race-inspired project vehicle” at the Big Apple. Chrysler is being quite secretive about the debuts as the company did not give out any other details. Read more »

Ram Unveils New 1500 Express Pickup Truck for Younger, First-Time Buyers

Ram's new version of the 1500 pickup truck, formerly known under the code name the “Adventurer”, has finally received an official designation. The Ram 1500 Express targets younger customers and first-time buyers and comes with a starting price of $23,830 (€16,677), including a $975 destination charge.

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Ram Unveils New 1500 Express Pickup Truck for Younger, First-Time Buyers

Ram's new version of the 1500 pickup truck, formerly known under the code name the “Adventurer”, has finally received an official designation. The Ram 1500 Express targets younger customers and first-time buyers and comes with a starting price of $23,830 (€16,677), including a $975 destination charge.

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Jeep Wrangler JK-8 Independence: DIY Mopar Kit Allows Owners To Turn Wrangler Into a Pick Up Truck

Some of you may remember the 2005 Jeep Gladiator concept study for a pickup truck version of the Wrangler, which for many reasons, never came to fruition. But if you happened to like the idea of a light-duty hauler based on the Wrangler, then Jeep may have the answer for you with its new JK-8 Independence package.

The do-it-yourself Mopar kit allows owners to convert a 4-door Jeep Wrangler Unlimited into a two-door pickup truck with seating for two and a pickup style bed. After the conversion, the bed length is 50 inches and the width between wheel wells is 44 inches. The package includes all the necessary parts such as the bed floor, inner and outer body panels, half hard top (works with Freedom Top panels), and a new bulkhead.

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Jeep Wrangler JK-8 Independence: DIY Mopar Kit Allows Owners To Turn Wrangler Into a Pick Up Truck

Some of you may remember the 2005 Jeep Gladiator concept study for a pickup truck version of the Wrangler, which for many reasons, never came to fruition. But if you happened to like the idea of a light-duty hauler based on the Wrangler, then Jeep may have the answer for you with its new JK-8 Independence package.

The do-it-yourself Mopar kit allows owners to convert a 4-door Jeep Wrangler Unlimited into a two-door pickup truck with seating for two and a pickup style bed. After the conversion, the bed length is 50 inches and the width between wheel wells is 44 inches. The package includes all the necessary parts such as the bed floor, inner and outer body panels, half hard top (works with Freedom Top panels), and a new bulkhead.

Read more »

Report: Fiat to Raise Chrysler Stake to 30 Percent within the Next Few Weeks

Fiat SpA is planning to increase its Chrysler LLC Group stake to 30 percent in the next few weeks, according to insider sources quoted by Bloomberg news. The Italian company, which currently holds a 25 percent stake in Chrysler, will get an additional 5 percent from the U.S. government after it will meet two performance criteria.

The first condition is that 90 percent of Fiat's Latin American dealers must offer Chrysler vehicles as well. To satisfy this request, Fiat CEO Sergio Marchionne plans to sell Chrysler models rebadged as Fiats in Brazil, Latin America's largest market, where the Italian brand holds the number one spot.

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Report: Fiat to Raise Chrysler Stake to 30 Percent within the Next Few Weeks

Fiat SpA is planning to increase its Chrysler LLC Group stake to 30 percent in the next few weeks, according to insider sources quoted by Bloomberg news. The Italian company, which currently holds a 25 percent stake in Chrysler, will get an additional 5 percent from the U.S. government after it will meet two performance criteria.

The first condition is that 90 percent of Fiat's Latin American dealers must offer Chrysler vehicles as well. To satisfy this request, Fiat CEO Sergio Marchionne plans to sell Chrysler models rebadged as Fiats in Brazil, Latin America's largest market, where the Italian brand holds the number one spot.

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Chrysler Offers First Look at New Dodge Mopar ’11 Charger Special

The Chrysler Group’s Mopar brand is on to its next project, this time based on the new 2011 Dodge Charger sedan. The factory-customized version of the rear-wheel drive Dodge saloon follows in the footsteps of last year’s Mopar ’10 Challenger and will be a limited edition model.

"After the success of our Mopar '10 Challenger, we moved on to the iconic Dodge Charger and added even more performance," said Pietro Gorlier, President and CEO of Mopar, Chrysler Group's service, parts and customer-care brand. "As a new company, we will continue to leverage the heritage of the Mopar brand at every turn."

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Chrysler Offers First Look at New Dodge Mopar ’11 Charger Special

The Chrysler Group’s Mopar brand is on to its next project, this time based on the new 2011 Dodge Charger sedan. The factory-customized version of the rear-wheel drive Dodge saloon follows in the footsteps of last year’s Mopar ’10 Challenger and will be a limited edition model.

"After the success of our Mopar '10 Challenger, we moved on to the iconic Dodge Charger and added even more performance," said Pietro Gorlier, President and CEO of Mopar, Chrysler Group's service, parts and customer-care brand. "As a new company, we will continue to leverage the heritage of the Mopar brand at every turn."

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Fiat to Introduce Two New Dodge-Based Sedans in China and Russia by 2013

As time goes by, Fiat SpA’s integration with the Chrysler Group LLC deepens and the results become more evident with the two carmakers making several plans for the future. Speaking at Fiat's annual shareholders meeting on March 30, Fiat and Chrysler CEO Sergio Marchionne revealed plans to launch two new Dodge-based sedans in China and Russia.

The first sedan will be a compact model built on the next generation Dodge Caliber, which is expected in the USA next January. According to an Autonews report, this model will enter production in China in the second half of 2011, while timing for the Russian launch has not yet been disclosed. The other four-door saloon will be a mid-size model based on the replacement for the Dodge Avenger, which is scheduled for launch in the USA in 2013. It will go on sale in China and Russia the same year.

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Fiat to Introduce Two New Dodge-Based Sedans in China and Russia by 2013

As time goes by, Fiat SpA’s integration with the Chrysler Group LLC deepens and the results become more evident with the two carmakers making several plans for the future. Speaking at Fiat's annual shareholders meeting on March 30, Fiat and Chrysler CEO Sergio Marchionne revealed plans to launch two new Dodge-based sedans in China and Russia.

The first sedan will be a compact model built on the next generation Dodge Caliber, which is expected in the USA next January. According to an Autonews report, this model will enter production in China in the second half of 2011, while timing for the Russian launch has not yet been disclosed. The other four-door saloon will be a mid-size model based on the replacement for the Dodge Avenger, which is scheduled for launch in the USA in 2013. It will go on sale in China and Russia the same year.

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Jeep to Show Six New Vehicles at Moab Easter Safari

At the upcoming 45th annual Moab Easter Jeep Safari event that takes place in Utah from April 16-24, the Chrysler Group will display six new vehicles, including two Jeep Wrangler concepts. The company revealed two teaser sketches of the Jeep Wrangler “Renegade” and “Pork Chop” editions, which are modified versions of the standard Wrangler. Further details are to be released closer to the event. Read more »

Jeep to Show Six New Vehicles at Moab Easter Safari

At the upcoming 45th annual Moab Easter Jeep Safari event that takes place in Utah from April 16-24, the Chrysler Group will display six new vehicles, including two Jeep Wrangler concepts. The company revealed two teaser sketches of the Jeep Wrangler “Renegade” and “Pork Chop” editions, which are modified versions of the standard Wrangler. Further details are to be released closer to the event. Read more »

FatChance 2.0: The Very First Customized 2011 Chrysler 300 [with Videos]

The original Chrysler 300 is perhaps one of the most popular cars in the tuning industry here in the States, so it doesn’t come as a surprise that the Detroit automaker is using the car’s successor to tap into the custom scene.

The very first customized 2011MY Chrysler 300 is called the Fatchance 2.0 and it made its debut alongside the firm’s “S” concept cars at this past weekend’s Annual Spring Festival of LXs in California (see here). The low-rider 300 was crafted by John Fortuno aka Fatchance, who apparently caught the attention of Chrysler with his first generation 300-based FatChance 1.0.

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FatChance 2.0: The Very First Customized 2011 Chrysler 300 [with Videos]

The original Chrysler 300 is perhaps one of the most popular cars in the tuning industry here in the States, so it doesn’t come as a surprise that the Detroit automaker is using the car’s successor to tap into the custom scene.

The very first customized 2011MY Chrysler 300 is called the Fatchance 2.0 and it made its debut alongside the firm’s “S” concept cars at this past weekend’s Annual Spring Festival of LXs in California (see here). The low-rider 300 was crafted by John Fortuno aka Fatchance, who apparently caught the attention of Chrysler with his first generation 300-based FatChance 1.0.

Read more »