Lee Iacocca, who led Chrysler out of near bankruptcy by introducing the K-car platform, has died. The automotive icon, 94, died of natural causes.
Fiat Chrysler Automobiles is recalling roughly 4.8 million vehicles due to a defect that could prevent the cruise control system from disengaging, the company has announced.
The U.S. government lost $9.26 billion in its financial rescue of the auto industry, and closed out its last investment earlier this month six years after initiating the plan.
Two separate recall campaigns, covering 33K light trucks in the U.S., will fix problems that can lead to false warnings from tire pressure monitoring systems.
The vans were assembled with head restraints that may exceed the allowable gap between an occupant’s head and the restraint.
Chrysler's gamble to spin off its pickup truck division at the tail end of the recession has paid off, as the company has increased its market share of the pickup market by 10 percent since creating the Ram Truck division, reports the New York Times.
Chrysler Group has appointed Robert Hegbloom as the new Head of Ram Truck Brand.
The U.S. Department of Energy has awarded $55 million to projects expected to advance battery-electric vehicle technology and adaption for light-, medium-, and heavy-duty vehicles.
Due for production late this year, the 2015-model van is a North Americanized version of the popular Fiat Doblo.
Chrysler Group is recalling 2014 model-year Ram Promaster full-size vans so dealers can replace the pedal stop and prevent unintended acceleration, the automaker announced.
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