CHRYSLER TO INVEST $1 BILLION IN ST. LOUIS ASSEMBLY PLANTS
Chrysler Group Executive President- Manufacturing Frank Ewasyshyn speaks at a press conference announcing that Chrysler will spend up to $1 billion in its St. Louis North and South assembly plants in Fenton, Mo on December 12, 2005. The automaker will modernize and re-tool the plants which now make the Dodge Ram 1500 and 2500 Standard and Quad cab pickups and the Town and Country, Dodge Caravan and Grand Caravan minivans. (UPI Photo/Bill Greenblatt)
UPI Related News
WASHINGTON, July 20 (UPI) -- U.S. lawmakers say they are at odds with the Obama administration over the General Motors Co. and Chrysler Group LLC dealership closings.
WASHINGTON, July 15 (UPI) -- The White House said Wednesday it "strongly opposes" efforts to force General Motors Co. and Chrysler Group LLC to offer cast-off dealers more compensation.
AUBURN HILLS, Mich., June 24 (UPI) -- The challenge for the new Chrysler Group LLC may be to build a profitable mid-size vehicle for U.S. consumers, an auto industry analyst said.
DETROIT, June 11 (UPI) -- Chief Executive Officer of Chrysler Group LLC Sergio Marchionne told 4,000 employees in Detroit Thursday the new company would see quick changes.
DETROIT, July 25 (UPI) -- Chrysler's chief executive said he expects the $7.4 billion Chrysler Group sale to be completed by the third quarter despite financing problems.
AUBURN HILLS, Mich., July 24 (UPI) -- DaimlerChrysler AG's sale of Chrysler Group to Cerberus Capital Management LP likely will take place in a week, a U.S. published report said Tuesday.
STUTTGART, Germany, May 16 (UPI) -- DaimlerChrysler AG said Wednesday its board approved the sale of 80.1 percent of its Chrysler unit to U.S. private-equity firm Cerberus Capital Management LP.
STUTTGART, Germany, May 14 (UPI) -- DaimlerChrysler AG said Monday it would sell 80.1 percent of its troubled Chrysler Group to a U.S. private-equity firm for $7.4 billion.
DETROIT, April 28 (UPI) -- There is growing support from organized labor for Magna International Inc. to buy a big stake in the Chrysler Group, a leading U.S. analyst says. The United Auto Workers has approached Magna with a plan for a concessions package, said Brett Hoselton of Ke
AUBURN HILLS, Mich., April 18 (UPI) -- DaimlerChrysler AG's Chrysler Group said Wednesday it would build a $730 million plant to make the U.S. automaker's next generation of V-6 engines. The Trenton, Mich., plant, near Detroit, will build the V-6 engines, code-named Phoenix, for Chrysler, Dodg
