Cars
Not that we were surprised, but a 55 percent drop in sales is something that should worry the hell out of Chrysler LLC officials. In January, the company sold a total of 62,157 Dodge, Chrysler and Jeep vehicles in the U.S. compared to 137,392 units the same month a year ago. To make matters worse, the company is quite pessimistic for 2009 as it believes that if the January trend for the SAAR continues, the industry could see 10 million units or fewer sold during the year down which is significantly less than the 11.1 million units it estimated in its submission to Congress last year.
- Report: U.s. Car Sales Predicted To Drop 33% In April
From the looks of things, April won't be bringing any good news for automakers in the U.S. During the first 16 selling days in April, new-vehicle retail sales in the country are down by about 33 percent over the same period in 2008, according to a...
- New Study Predicts Global Vehicle Sales Will Drop 13% In 2009
Global light vehicle sales could fall as much as 13% to an estimated total of 56.8 million units in 2009, according to a study released by R. L. Polk & Co, a Michigan-based firm that collects and interprets automotive data. The report forecasts that...
- Toyota & Lexus U.s. January Sales Sink 34.9 Percent
The first month of 2009 also brought bad news for Toyota that saw its U.S. sales fall to 117,287 vehicles, a decrease of 34.4 percent from last January. The Toyota division that includes the Scion brand, posted sales of 102,565 units, a decrease of 34.9...
- Chrysler's Plunge 53% In December, Total 2008 Sales 30% Down
They say bad things tend to come in threes, and unfortunately, that's the case with Detroit's Big Three automakers. Chrysler LLC's December sales in the U.S. were much worse than GM's 31% and Ford's 32.4% decline as the company reported...
- Chrysler Llc's U.s. October Sales Down 35%
As if Chrysler LLC doesn't have enough probblems to worry about, now it has to deal with the overall decline in U.S. auto sales. The firm which comprises the Chrysler, Dodge and Jeep brands reported total October 2008 U.S. sales of 94,530 units, down...
Cars
Chrysler Sees Sales fall 55% in January, Believes 2009 U.S. Sales Could Fall Under 10 Million Units
Not that we were surprised, but a 55 percent drop in sales is something that should worry the hell out of Chrysler LLC officials. In January, the company sold a total of 62,157 Dodge, Chrysler and Jeep vehicles in the U.S. compared to 137,392 units the same month a year ago. To make matters worse, the company is quite pessimistic for 2009 as it believes that if the January trend for the SAAR continues, the industry could see 10 million units or fewer sold during the year down which is significantly less than the 11.1 million units it estimated in its submission to Congress last year."Consumer credit, versus consumer demand, influenced our January retail results. We saw a negative trend in December, we're seeing it again this month and we could see it for the year. Many more consumers wanted to buy a vehicle than could qualify for financing under the current credit conditions," stated Steven Landry, Executive Vice President, Sales, Marketing, MOPAR Parts and Service.
- Report: U.s. Car Sales Predicted To Drop 33% In April
From the looks of things, April won't be bringing any good news for automakers in the U.S. During the first 16 selling days in April, new-vehicle retail sales in the country are down by about 33 percent over the same period in 2008, according to a...
- New Study Predicts Global Vehicle Sales Will Drop 13% In 2009
Global light vehicle sales could fall as much as 13% to an estimated total of 56.8 million units in 2009, according to a study released by R. L. Polk & Co, a Michigan-based firm that collects and interprets automotive data. The report forecasts that...
- Toyota & Lexus U.s. January Sales Sink 34.9 Percent
The first month of 2009 also brought bad news for Toyota that saw its U.S. sales fall to 117,287 vehicles, a decrease of 34.4 percent from last January. The Toyota division that includes the Scion brand, posted sales of 102,565 units, a decrease of 34.9...
- Chrysler's Plunge 53% In December, Total 2008 Sales 30% Down
They say bad things tend to come in threes, and unfortunately, that's the case with Detroit's Big Three automakers. Chrysler LLC's December sales in the U.S. were much worse than GM's 31% and Ford's 32.4% decline as the company reported...
- Chrysler Llc's U.s. October Sales Down 35%
As if Chrysler LLC doesn't have enough probblems to worry about, now it has to deal with the overall decline in U.S. auto sales. The firm which comprises the Chrysler, Dodge and Jeep brands reported total October 2008 U.S. sales of 94,530 units, down...