It has been over three months since Chrysler’s new 2014 Jeep Cherokee crossover vehicle went into production, but if you are looking to purchase one, you will not find it at any of your local Jeep dealerships. According to the automobile manufacturer, technicians are still trying to resolve transmission problems with the programming of the new nine speed system. The company said they will not be shipping any Cherokee’s until they are fully satisfied that the vehicle will meet customer’s expectations for performance and quality. Continue reading

Chrysler is reluctantly preparing for an initial public offering (IPO) of shares owned by the United Auto Workers (UAW) trust after failing to reach an agreement on the value of the stock with the trust. Chrysler shares haven’t been publicly traded since 1998, when the company merged with Daimler AG who is now a majority owner of Italian automaker Fiat SpA. Continue reading