The GM IPO raised $20 billion of the $49 billion that the federal government spent to bailout GM. But the finish line is still years away.
Jeep Grand Cherokee has gotten positive media reviews, and sales of the Jeep Grand Cherokee in the third quarter were about double the pace of its predecessor. Chrysler said Monday that its profit outlook is improving.
Jeep Grand Cherokee saw sales jump 41 percent this year compared with a year ago.
Chrysler will keep open a suburban Detroit plant they had planned to shut down in 2012. Another Chrysler plant hosted President Obama on Friday.
Outsider Whitaker is already GM's interim CEO after Fritz Henderson's departure.
Overall sales plummeted with the end of 'cash for clunkers.' Ford has taken a hit too, but it's still doing better than Toyota, Honda, or Nissan.
Sergio Marchionne, a jazz-loving Italian businessman who helped turn around the Italian carmaker, is poised to be the next CEO of Chrysler.