Category: Chrysler (Page 12 of 13)

April a decent month for auto sales?

April 2010 turned out to be a “decent” month for auto sales in the U.S. Most automakers posted double digit increases from a dismal April 2009 but numbers came in below March 2010. Nissan posted an impressive 35% increase, Ford up 25% and Chrysler sporting a solid 25% gain for a year ago. It will be interesting to see what the next few months have in store with the economy slowly getting stronger.

From CNN.Money.com:

NEW YORK (CNNMoney.com) — Major automakers posted double-digit gains in U.S. sales in April compared to the battered sales of a year ago, but the overall pace of sales fell short of March results.

Industrywide U.S. sales came in just short of 1 million vehicles, up 20% from a year ago, according to sales tracker Autodata, but a bit shy of forecasts of between a 21% to 23% gain. And sales were down 8% from March.

Read the full article here.

Fiat designs should surprise

If quality and price are equal, what will be the deciding factor in an auto purchase? Fiat/Chrysler hopes you said “design” because look for their new cars to have plenty of “flair”. This is a smart move and it takes advantage of Fiats tools in their toolbox with top designers in house from all of those stylish brands at their disposal. If Fiat pulls this off look for marketing and design to lead them through this lull of new product and excitement.

From the Detroit Free Press:

TURIN, Italy — The world is still waiting to see what kind of auto design emerges from the alliance of Italy’s Fiat and U.S. Chrysler. One thing is clear: There’s a lot of Italian flair to draw on, in the person of Fiat’s design chief Lorenzo Ramaciotti.

Ramaciotti helped design everything from the high-end Ferrari Enzo to the economical Peugeot 407 during his career at independent styling house Pininfarina. Expect some surprises ahead.

“Italian design can’t be repetitive. It must be a design that is a little surprising, with something innovative from one model to the next,” said Ramaciotti during an interview in his modest office at Fiat’s Centro Stile, decorated with logos of the six Fiat brands whose style he commands.

Read the full article here.

Is the worst over for Detroit?

Is the worst over for Detroit? No one person can say for sure but this article gives a glance into what the Detroit are has had to endure the past few years and what could be on the horizon!

From MSN.com:

At last, sales of American-made vehicles are rising — and with them hopes that Detroit and southeast Michigan can start to dig out of the deep economic hole that swallowed the region in 2008.

And what a hole it’s been. For almost three years, Michigan has had the highest unemployment rate in the nation. Two of Detroit’s Big Three automakers in 2009 needed billions in federal bailout money to stay in business and drastically downscaled their operations. Plants, dealerships and parts suppliers closed. The city of Detroit, feeling the loss of tax revenues from the auto industry, grappled with insolvency.

Read the full article here.

Ford sales up 39%

U.S. auto sales gained more momentum in March with Ford sales up 39%; Chrysler down 8%; GM up 21%. The big winner appears to be Toyota with an increase of almost 41%. Some analysts expected sales to come in even stronger with the heavy incentive wars kicking in last month but hey, it beats 2009 by miles….

From the Detroit News.com:

Toyota posted a nearly 41 percent increase in sales last month after boosting incentives amid recall problems plaguing the world’s largest automaker.

Ford Motor Co. sales rose 39.8 percent last month while Chrysler Group LLC posted an 8 percent decline.

Meanwhile, General Motors Co. said today its vehicle sales jumped 21 percent sales in the U.S. last month, led by a 76 percent increase for its Buick brand and popular new launch vehicles.
010 U.S.
Ford, Lincoln and Mercury dealers sold 178,546 vehicles last month and the Dearborn automaker said its retail market share rose for the 17th time in the last 18 months.

Read the full article here.

Chrysler, Maserati, Ferrari to be at DAS

Talk about bringing a sharp date to town! Chrysler will be sharing the stage with Maserati and Ferrari at the Detroit Auto Show. That is one good looking group, my friends! This will also give us a first look at some rebadged Lancia’s and the electric Fiat 500.

From the Detroit News:

Ferrari and Maserati are moving into a new neighborhood at the North American International Auto Show — the Chrysler Group LLC stand, where they’ll be nestled between the Dodge and Jeep brands.

In the past, the high-end marques have leased real estate in the show’s luxury row with the likes of Lamborghini, Bentley and Rolls-Royce, although last year Ferrari didn’t have a display in Detroit.

But since last year’s auto show in Detroit, Chrysler formed a partnership with Italian automaker Fiat SpA, which is part of the Fiat Group that includes Ferrari and Maserati but also Alfa Romeo, Lancia, Iveco commercial vehicles, and CNH agricultural and construction equipment.

Read the entire article here.

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