Chrysler, Carmaker | featured news

General Motors said its sales increased 7.6 percent from a year ago. Ford’s were up 6.1 percent and Chrysler’s rose 20.1 percent.

General Motors and Chrysler are beginning to make some headway after getting a financial and operational overhaul compliments of the U.S. bankruptcy court.

But Chrysler Group said its August sales rose 7 percent thanks to the Jeep Grand Cherokee.

Chrysler Group LLC lost a staggering $3.8 billion from the time it left bankruptcy protection June 10 through the end of last year, but the automaker says its fortunes have improved.

Chrysler Group LLC says it will invest $550 million to build the Fiat 500 minicar at its assembly plant near Mexico City.

Chrysler broke even in September and finished the month with more cash than it had at the end of June, the company's chief executive said on Wednesday.

Italian carmaker says it won't walk away despite opposition to its deal from a small number of creditors.