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Chrysler sues 7 Detroit dealers over disputed letters of intent Fri, 30 Jul 2010 15:41:00 ESTChrysler Group has sued seven Detroit area dealerships in an attempt to gain legal support for the letters of intent it has given dealers reinstated through arbitration. Dealers have challenged the terms of those letters as onerous and unfair.
Non-Chrysler dealers may get Fiat franchises Fri, 30 Jul 2010 16:08:00 ESTSome non-Chrysler Group dealers may receive franchises to sell Fiats, according to Sergio Marchionne, CEO of Fiat and Chrysler. Fiat franchisees could also get the Alfa Romeo franchise, which will return to the United States in 2012.
Lithia to pass on Fiat stores Fri, 30 Jul 2010 00:01:00 ESTLithia derives almost 30 percent of its sales from Chrysler Group brands but doesn\'t plan to seek much Fiat business as the Italian automaker prepares to reenter the U.S.market.
Michelin swings to profit on strong tire sales Fri, 30 Jul 2010 03:16:00 ESTFrench tire maker Michelin said on Friday it is aiming for an operating margin close to 9 percent in 2010 as the rebound in tire markets helped it post a record first-half operating margin.
Chrysler sues 7 Detroit dealers over disputed letters of intent Fri, 30 Jul 2010 15:41:00 ESTChrysler Group has sued seven Detroit area dealerships in an attempt to gain legal support for the letters of intent it has given dealers reinstated through arbitration. Dealers have challenged the terms of those letters as onerous and unfair.
Obama: Auto industry revival justifies bailouts Fri, 30 Jul 2010 07:22:00 ESTPresident Barack Obama, in the heart of the U.S. auto industry, told a crowd of workers that the government bailouts of General Motors Co. and Chrysler Group LLC are giving taxpayers a return on their investment.
Non-Chrysler dealers may get Fiat franchises Fri, 30 Jul 2010 16:08:00 ESTSome non-Chrysler Group dealers may receive franchises to sell Fiats, according to Sergio Marchionne, CEO of Fiat and Chrysler. Fiat franchisees could also get the Alfa Romeo franchise, which will return to the United States in 2012.
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