The board of directors says an IPO will not be practicable this year.» Read More
DETROIT, Oct 30- Chrysler Group LLC on Wednesday said its net profit for the third quarter rose 22 percent to $464 million, and it confirmed its full-year sales forecast of $72 billion to $75 billion. Fiat SpA, which owns 58.5 percent of and has management control of Chrysler, will report its quarterly earnings later on Wednesday.
DETROIT, Oct 25- A U.S. safety agency is investigating complaints about drivers' doors catching fire on the 2012 Jeep Liberty. The National Highway Traffic Safety Administration's Office of Defects Investigation said it has opened a preliminary probe into an estimated 79,252 Liberty SUVs.
DETROIT, Oct 22- Chrysler Group LLC said on Tuesday it began shipping a key model for the company, the Jeep Cherokee, that had been delayed by about two months.
New car registrations released on Wednesday - often used as a proxy for sales - showed that demand is hinting at a recovery in countries such as Spain and Greece.
Oct 14- Fiat SpA will have to wait longer than hoped to settle the price to buy out a minority shareholder of its Chrysler business after a judge on Monday set a September 2014 trial.
Fiat issued a statement strongly denying that its CEO Sergio Marchionne criticized the Chrysler IPO at a meeting of analysts.
TOKYO, Oct 10- Takata Corp will pay $71.3 million to settle antitrust charges brought by U.S. federal prosecutors over price fixing on seatbelts sold to carmakers, the Japanese auto parts maker said on Thursday. A Takata executive in the United States, Gary Walker, previously agreed to plead guilty to price fixing, Takata confirmed on Thursday.
Brazil is the world's fourth-biggest auto market, with Italy's Fiat SpA, Germany's Volkswagen AG and U.S.-based General Motors Co and Ford Motor Co selling more than 70 percent of new cars in the market.
SAO PAULO, Oct 4- Brazil's car output and sales dropped in September from August, adding to signs of economic weakness in the third quarter after a surprisingly good start to the year. Brazil's economy accelerated in the first half of this year, thanks in part to tax breaks and state-subsidized loans offered by President Dilma Rousseff.
SAO PAULO, Oct 4- Automobile production in Brazil dropped 2.5 percent and sales fell 5.9 percent in September from August, the national automakers' association Anfavea said on Friday. Auto output had risen 9.0 percent and sales had slipped 3.8 percent in the previous month, according to previously reported data.
Chrysler said it will recall an estimated 132,000 sport utility vehicles globally, mostly in the United States, to address potential software problems.
DETROIT, Oct 2- Chrysler Group LLC said it will recall an estimated 132,000 sport utility vehicles globally, mostly in the United States, to address potential software problems that could lead to a blackout of instrument panel lighting.
*Ford, Chrysler top analysts' expectations. DETROIT, Oct 1- U.S. consumer demand for new vehicles cooled slightly in September, as expected, as Ford Motor Co topped analysts' expectations, but General Motors Co fell short. There were two fewer shopping days in September compared with the previous year, and part of the Labor Day shopping weekend fell in August.
*GM, Toyota, Honda, Nissan fall short. DETROIT, Oct 1- U.S. consumer demand for new vehicles cooled slightly in September, as expected, as Ford Motor Co topped analysts' expectations, but General Motors Co fell short. There were two fewer shopping days in September, compared with the previous year, and part of the Labor Day shopping weekend fell in August.
*GM, Toyota, Nissan fall short. Ford Motor Co and Chrysler Group LLC beat analysts' expectations, while General Motors Co, Toyota Motor Corp and Nissan Motor Co fell short. Toyota's sales dropped 4.3 percent to 164,457, and Nissan's fell 5.5 percent to 86,868. All three companies missed analysts' expectations.
DETROIT, Oct 1- Chrysler Group LLC Ford Motor Co beat analysts' expectations on Tuesday by posting their best September U.S. sales increases in six and seven years, respectively. Ford's sales rose 5.8 percent to 185,146. Chrysler, an affiliate of Italy's Fiat SpA, said its sales were up 1 percent at 143,017..
DETROIT, Oct 1- Chrysler Group LLC surprised auto industry analysts with a modest 1 percent increase in U.S. car sales in September. Chrysler, an affiliate of Italy's Fiat SpA, said it sold 143,017 vehicles, handily beating analysts' expectations.
Reuters reported in June that the founding family of PSA Peugeot Citroen had offered to give up control of the automaker as it tried to revive plans for a closer tie-up with GM backed by a fresh capital injection.
Toyota is recalling about 694,000 Sienna minivans in North America due to a shift lever problem.
DETROIT, Sept 26- Toyota Motor Corp's U.S. unit said on Thursday it is recalling about 694,000 Sienna minivans in North America due to a shift lever problem. The vehicles were made at Toyota's plant in Indiana. Toyota spokeswoman Cindy Knight said Toyota has received reports of 21 "minor" accidents in the United States and three minor accidents in Canada.