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Chrysler

What is a "land yacht"?

Land yachts are the biggest of the big cars. But how long are they? How much do they weigh? What about those massive trunks, cavernous interior spaces and those huge (but low-power) V-8 engines?

Was it even intended to be political at all? Maybe that's a better question to ask. By now, you know the one I'm talking about, right? The Clint Eastwood "It's Halftime in America" commercial for Chrysler. I won't say too much about this, mainly because I want to hear what you think in the comment section below. However, I will tell you this...

Several times over the past few months, I've jokingly mentioned to some of my co-workers that I was going to create an auto industry flowchart on the walls of my cubicle. I was thinking of using actual auto manufacturer emblems (pulled from a local junkyard), color-coded Post-it notes and string -- lots of string. But now, thanks to Mint.com, I won't have to clutter my cubicle walls.

Do you remember not long ago when you could buy a new Chrysler, Dodge or Jeep product and get a lifetime powertrain warranty to "sweeten" the deal? Unfortunately, those days are over. It was announced just yesterday that Chrysler has decided to back off the warranty on its products, starting with the 2010 models. But don't get too upset if you were in the market for a new Chrysler-built car or truck -- the new warranty has a few surprises of its own.

Well, it's done. General Motors has filed for Chapter 11 bankruptcy. If you're interested (and this will only take about 30 seconds to read), here's the simple, yet well-crafted statement from the GM Board of Directors. There's a great deal of hope in that short press release -- a lot of terms like "new beginning,"...

The Chrysler bankruptcy is painful -- and will continue to be painful -- for a lot of people, there's no doubt about that. The effects of a Chapter 11 bankruptcy by a company of Chrysler's size are more far-reaching than you might guess. But one thing that Chrysler has going for it is a plan...

Here's something interesting to watch over the next couple of weeks -- General Motors Corporation has quietly purchased a couple of domain names that you may want to monitor as the June 1st government-imposed deadline approaches: gmrestructuring.com and gm-restructuring.com. As of today, there's no information on either of the pages; however, if GM fails to meet the government deadline (now, just two weeks away)...

If you recall, Chrysler's government-forced bankruptcy was announced just one week ago today, and we're hearing that it may take as long as two months for the U.S. automaker to emerge from Chapter 11. In the meantime, Fiat (now a 20 percent shareholder in Chrysler) is doing a lot of strategizing. Starting with, but definitely not limited to, taking over the reigns of Chrysler's top executive position.

Let's be honest: When you test drive a vehicle, there's not really a whole lot at stake. Sure, buying a new car or truck is an important decision, but if you don't like what you feel when you're behind the wheel, you can easily move on to the next option on your list of favorites and no one really gets hurt. Well, today in Detroit, there's going to be a test drive that potentially carries a multi-billion-dollar price tag. President Obama's automotive task force is paying a visit to Detroit today. While there, aside from meetings with Chrysler and General Motors executives and top union officials, the task force will have an opportunity to tour the Dodge Ram truck plant and test drive the Chevrolet Volt prototype. The recently formed task force has been appointed to determine if the U.S. automakers' plans for the future are indeed viable and to determine if they should receive additional aid.