Peter Grady

Chrysler Says Santander Unit to Speed Financing Approvals

Chrysler Group LLC, the U.S. carmaker forming an auto-financing venture with Banco Santander SA, said the unit wants to cut the almost four-hour industry average time it takes to approve a vehicle purchase.

Chrysler Forms Auto-Financing Unit With Santander

Chrysler Group LLC, the automaker controlled by Fiat SpA, agreed to make a U.S. unit of Banco Santander SA its preferred provider for auto loans, replacing Ally Financial Inc.

Chrysler Opens Dealer Orders for Natural Gas Ram Pickup

Chrysler Group LLC, the automaker controlled by Fiat SpA, is making its natural gas-powered Ram pickup available for sale to retail buyers, according to the head of the company’s dealership network.

Chrysler Pushes Dealers to Hire More Sales Staff

Chrysler Group LLC, the U.S. automaker operated by Fiat SpA , is pushing its U.S. dealers to hire more service workers and salesmen to help the company boost vehicle sales 32 percent this year.

Colorado, Oklahoma Pitch Natural-Gas Cars in Michigan

The governors of Oklahoma and Colorado met with executives from General Motors Co., Ford Motor Co. and Fiat SpA’s Chrysler Group LLC, to ask for more cars and trucks with engines that run on compressed natural gas.

Gasoline Sticker Shock Fuels Fiat Natural-Gas Auto Sales

For Fiat SpA, Italy’s austerity efforts have meant falling sales, stubborn losses and layoffs for thousands of workers. One business, though, has benefited mightily: the division that makes vehicles fueled by natural gas and propane.

Jobless Rate Unexpectedly Drops to Two-Year Low

The U.S. unemployment rate unexpectedly dropped to a two-year low of 8.8 percent in March as employers created more jobs than forecast, adding to evidence of a recovery in the labor market.

Chrysler Tops Operating Profit Outlook, Delays Increase

Chrysler Group LLC, the automaker that topped its full-year operating profit forecast in the first half today, said it won’t increase its guidance until after the third quarter. Fiat SpA, which runs Chrysler, fell on the news.

U.S. Unemployment Rate Unexpectedly Drops to Two-Year Low of 8.8% in March

The unemployment rate in the U.S. unexpectedly fell to a two-year low of 8.8 percent in March as employers created more jobs than forecast, adding to evidence the labor-market recovery is gaining traction.

Increases in U.S. Payrolls, Manufacturing Were Probably Sustained in March

The pickup in U.S. employment was probably sustained in March, and factory assembly lines kept humming, showing that a jump in fuel costs has yet to choke the expansion, economists said before reports today.

"That's a big dissatisfier for a consumer."

- Peter Grady on Feb 10, 2013

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Icahn Asks Investors to Make Big Bet on a Debt-Laden Dell

Greenhouse Gases Hit Threshold Unseen in 3 Million Years

Clinton Won’t Be Hurt by Benghazi Controversy, Kaine Says

Navy $37 Billion Ships Seen Unsuitable Have 2-Year Window

Bulls’ Rose Needs Confidence-Building Knock-Down, Trainer Says