Two years ago, Chrysler was saved from oblivion when the federal government provided a $15 billion bailout and orchestrated a rescue plan that gave the Fiat Group the management control of the company.
Last week, the Italian automaker raised its share in Chrysler beyond 50% for the first time, to 53.5%.So Fiat saved Chrysler in 2009, right? Well, yes, but 2011 is another story altogether.
You see, Chrysler’s US sales increased by 21% in the first six months of the year, whereas Fiat’s European deliveries dropped 12.7% in the same period. But that's only half the story. With the exception of the Maserati and Ferrari brands, the Chrysler Group will contribute to the alliance €155 million for June alone, while Fiat €175 million for the past three months.
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Chrysler
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- Alfa Romeo Announces New 1.8-liter Turbo Engine with up to 300HP, Production Starts in 2013
- New Chrysler Delta Hatch Goes on Sale in the UK [71-Photos]
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- I Kid You Not: Consumer Reports Says Chrysler 300C is “Excellent”
- Dodge Unleashes Video of Viper SRT10 ACR Reclaiming Position from Lexus LFA at the 'Ring with 7:12.13
- Fiat Joins Pink Initiative for Breast Cancer Awareness in the U.S. with Limited Edition 500
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- Chrysler Touts New 300's 8-Speed Automatic in New Imported from Detroit Commercial
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- Another Month, Another Delay: Alfa Romeo Won't Come to the States Until 2013, Cancels SUV Plans
- IAA 2011: Lancia Displays its Stars and Stripes in Frankfurt
- Brand New Chrysler Group Cars Driven at Warp Speed out of Transporter Train…
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- Jeep Launches Special Edition 2012 Wrangler "Call of Duty:MW3"
- Report: Fiat Group Mulling to Build Jeep and Alfa Romeo SUVs in the U.S. Instead of Italy
- Frankfurt Show Preview: Chrysler 300 Wears Italian Undies and Becomes the New Lancia Thema
- Marchionne Says Fiat “Will Meet its Targets for 2011 – For Now”
Dodge
- Singapore Company Selling Off 150 Brand-New 1997 Chrysler Neons
- Alfa Romeo TZ3 Stradale: Zagato's Italian Flavored Dodge Viper ACR on Film
- Former Chrysler CEO Nardelli Says Cerberus Could Have Saved the Automaker
- Dodge Unleashes Video of Viper SRT10 ACR Reclaiming Position from Lexus LFA at the 'Ring with 7:12.13
- 2012 Dodge Charger Pursuit Records Fastest-Ever Lap Time at Michigan Evaluation Test
- Dodge Mulling Super Durango SRT8 with 465HP Hemi V8
- Chrysler Slows Down Production Due to a Lack of Carpets
- Rumors: Chrysler to Kill Dodge Caliber in Late November
- SPIED: All-New 2013 Dodge Viper Development Continues
- Video: The TIV-2 is a 14,000-Pound Armored Dodge Ram Storm Chaser
- Dodge Takes a Stab on the 2011 Ford Explorer with New Durango Ads
- Video: Meet the Jokes of Hazzard
- Nearly 300,000 Chrysler and Dodge Minivans Recalled Over Airbag Issue
- Marchionne Says 54.5 mpg “Doable”, Hints at Retirement, Drives a Charger
- Battle of the Beasts: Tuned Dodge Viper ACR vs Koenigsegg CCXR
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- Fiat Completes Purchase of Chrysler from U.S. and Canadian Governments, US Taxpayers Lose $1.3 Billion
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- Report: New Alfa Romeo-Derived / U.S. Made Dodge Compact Sedan to Debut at 2012 Detroit Show
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- Multiple 2011MY Chrysler, Dodge and Jeep Vehicles Recalled to Fix Steering Columns
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Alfa Romeo
- Alfa Romeo TZ3 Stradale: Zagato's Italian Flavored Dodge Viper ACR on Film
- Alfa Romeo Lays Out Product Plans Until 2014, Readying a New RWD Saloon with a V6 Engine
- Official: Fiat-Chrysler Alliance to Build New Small Jeep SUV at Mirafiori Plant in Italy
- Alfa Romeo Announces New 1.8-liter Turbo Engine with up to 300HP, Production Starts in 2013
- U.S. Fiat Dealers Disappointed by New Decision to Delay Alfa Romeo's Return
- Another Month, Another Delay: Alfa Romeo Won't Come to the States Until 2013, Cancels SUV Plans
- IAA 2011: Alfa Romeo 4C Concept Shows us its New Metal Finish
- Report: Fiat Group Mulling to Build Jeep and Alfa Romeo SUVs in the U.S. Instead of Italy
- Alfa Romeo Updates Giulietta with Twin-Clutch Transmission and MiTo with Two-Cylinder Engine
- Alfa Romeo 4C Concept gains New Color for Frankfurt Motor Show
- IDECORE Presents New Alfa Romeo Minhoss Concept for a Compact Sports Coupe
- We Heard: Changes to Frankfurt-Bound Alfa Romeo 4C Concept Limited to a New Hue
- Novitec Makes the Alfa Romeo Giulietta a Little More Interesting
- Alfa Romeo Says 4C to Appear in "New Exclusive Look" at Frankfurt
- Alfa Romeo Announces 4C Debut at 2011 Frankfurt Motor Show
- Prodan Dragos’ Alfa Romeo Giulia Concept is one Mean Machine
- New Alfa Romeo 4C Promotional Film
- Oops! They Did it Again: Alfa Romeo’s Return to the US Delayed Until 2013
- Flower Power: Alfa Romeo MiTo "Inked" by Louise Dear
- Report: New Alfa Romeo-Derived / U.S. Made Dodge Compact Sedan to Debut at 2012 Detroit Show
- Monstrous Paramount Marauder Armored Vehicle to Star in First Episode of Top Gear Season 17
- VIDEO: Top Gear Teases Season 17 with New Trailer
- Alfa Romeo 4C Sports Concept Heading to Goodwood Festival of Speed
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