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FCA US has reduced its powertrain coverage for 2016 model-year gasoline-powered vehicles. General Motors also made a change to its powertrain warranty earlier this year.
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According to a report released by the U.S. Treasury Department this week, the government lost more than $9 billion on its bailout of General Motors Corp., Chrysler LLC and auto lending arms Ally Financial Inc. and Chrysler Financial.
Read More →The spring thaw helped new-vehicle sales rebound in March, with the seasonally adjusted annual rate rising from last March’s 15.3 million rate to 16.4 million.
Read More →Fiat completed its acquisition of all of the VEBA Trust’s membership interests in Chrysler Group LLC. Chrysler Group is now a wholly-owned subsidiary of Fiat.
Read More →JPMorgan Chase is expected to underwrite the initial public offering for Chrysler Group, CNBC reported this week.
Read More →Santander will officially become Chrysler Group’s captive lender on May 1. The financial services company will establish a separate business unit dedicated to Chrysler and its dealers.
Read More →According to a report from The Wall Street Journal, the Chrysler Group could pen a deal with Banco Santander in the next couple of weeks.
Read More →Chrysler Group LLC is now offering service contracts under the Mopar Vehicle Protection name.
Read More →Tim Parker Chrysler Dodge Jeep Ram in Hot Springs, Ark., is one of 30 dealerships that Chrysler Group LLC recognized today for their commitment to environmentally friendly and energy-efficient business practices.
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