Jensen Dealerships

Chrysler's rising demand for new vehicles helped generate the auto maker's first profit since 2006. Quarterly revenue rose to $13.1 billion, up from $9.7 billion thanks to an 18% jump in Chrysler vehicle sales to 394,000 units. Sales of the updated Chrysler 300 and Chrysler Sebring are expected to be higher as well.

"This is good progress, the house is in good shape," CEO Sergio Marchionne said in a conference call following the release.

"Improved sales and financial performance in the first quarter show that our rejuvenated product lineup is gaining momentum in the marketplace…

Chrysler is celebrating the launch of added shifts, an $850 Million dollar revamping of a plant, and the launch of their 200 sedan this week.

"Today is a historic day for this facility. Not more than 18 months ago, it was slated to close at the end of this year," said Sergio Marchionne, Chrysler Group LLC CEO. "Now, this plant will not only remain open beyond 2012 and retain jobs, but with the help of the state of Michigan and the city of Sterling Heights, we will make a significant investment in this facility to make it competitive with the…

Chrysler LLC has announced that it is hiring 1000 engineers, along with other high-tech employees, over the next four months. They are hoping to expand their small and mid-size vehicle segment. Now seems to be a great time to work for Chrysler.

The American automaker, which is now 20% owned by Fiat SpA, plans to hire the engineers, "including electrical, mechanical and manufacturing engineers, through the first quarter of 2011" as stated by Reuters.

Chrysler is introducing 16 new and upgraded vehicles over the next several years, including small cars such as the Fiat 500. An all-electric version of the…

Chrysler recently released images of the 2011 Sebring model redux, which will now be known as the Chrysler 200 (a smaller version of their luxury 300 model). It takes design cues from a concept first shown at last year's Detroit Motor Show, with some remodeling in the front and rear end.

Interior pictures were not released, but from what we know the 200 will come with upgraded materials including a new dashboard, instruments and seats, according to one Chrysler sources.

The US auto maker also finally released official specifications on the all new 200: The car will be offered…

Maserati is getting ready to introduce the all new "entry-level" sedan somewhere below their current Quattroporte vehicle. The vehicle has been the subject of much speculation, but the latest hits a little closer to home. This car is expected to be based on, reports say, the current Chrysler 300C.

According to reports, the vehicle underpinnings are shared with the next Chrysler 300. This in contrast with previous reports that the Trident marque was looking to develop a new platform for the model. This could be a good, yet expense move for the new Fiat/Chrysler empire.

Closer collaboration is expected between the Chrysler and Lancia divisions, which could also lead to a next-gen 300-based successor.

As sources point out, "this wouldn't be the first time that Maserati and Chrysler have gotten into bed with each other."

Close ties between onetime Chrysler chief Lee Iacocca and Alejandro de Tomaso (head of the sports car company that once owned Maserati) led to the disastrous exercise known as the Chrysler TC by Maserati. If these latest rumors turn out to be fact, we can expect to see an upgraded Chrysler 300 to be as luxurious as Maserati, and the Italian luxury vehicle to be (almost) as affordable as a Chrysler.

Check out all the latest Chrysler vehicles and upcoming Fiat models too at Jensen Dealerships - 3909 Stadium Dr - Sioux City, IA 51106.

source: http://www.autoblog.com/2010/09/07/maserati-to-base-upcoming-junior-quattroporte-on-next-chrysler-3/

United States Vice President Joe Biden visited the Toledo, Ohio Chrysler assembly line this week. His trip was part pep rally and part tour, as he escorted Sergio Marchionne, new CEO of Chrysler Group LLC, around the area.

The Toledo Complex originally opened in 1910 and produced Willys-Overland vehicles before becoming famous for making the first Jeep CJ. The plant is composed of two facilities: Stickney and Parkway Annex.
During Biden's visit, he stopped and chatted with employees in charge of making the windshield, header seal, rear carpet, visor, support bar foam cover and wiper installations.

"I'd like…