chrysler group

The Treasury department said on Tuesday that automaker Chrysler Group LLC has repaid $5.1 billion in bailout loans and ended its ability to draw a remaining $2.1 billion.

Chrysler Group LLC is cutting overtime at plants in Canada and Mexico to conserve parts from Japan.

Chrysler Group LLC says growing sales helped it narrow its second-quarter loss to $172 million, a year after emerging from bankruptcy protection

Chrysler Group LLC says its sales slid about 12 percent from May to June as worries about the economy weighed on consumers.

In a story May 19 about a partnership between Chrysler Group LLC and Santander Consumer USA Inc., The Associated Press reported erroneously that 20 percent of Chrysler's sales go to customers with subprime credit scores.

The story should have said that 20 percent of Chrysler customers who apply for a loan have subprime credit scores.

Chrysler Group LLC's sales will continue to slump until around June when compared with last year's numbers because the company used big incentives early in 2009 to move cars and trucks as it headed toward bankruptcy protection, the company's CEO said Wednesday night.

In this Jan. 11, 2008 file photo, Ralph Gilles, then Chrysler's Vice President of Jeep and Truck Design, poses for a photo at the Chrysler Group LLC headquarters in Auburn Hills, Mich.

Chrysler Group LLC says it will return to leasing vehicles after a yearlong hiatus.

A person familiar with the matter says Chrysler Group LLC posted a 15 percent drop in U.S. sales in August due to shortages of some smaller vehicles.

The popular Cash for Clunkers program boosted Ford Motor Co.'s U.S. sales in August by 17.2 percent over last year, but shortages of smaller vehicles weighed on rival Chrysler Group LLC.