Posted in Jeep, Chrysler, SUV, Financing, Automotive on Jul 22nd, 2008
The Jeep Patriot is the least expensive SUV to own, says Edmunds.com.
The company based their results on projected model-specific average vehicle ownership costs, consisting of depreciation, financing, taxes, fees, insurance premiums, fuel costs, maintenance and repairs. The data is based on a five-year period of ownership.
“Even though gas prices are high, some consumers are still […]
Posted in Auto loans, Chrysler, Financing, Automotive on Jul 22nd, 2008
The Wall Street Journal recently reported that Chrysler Financial’s bankers are scrambling to avoid higher borrowing costs when the unit rolls over about $30 billion of short-term, car-loan-backed debt next month, reports the Detroit News.
Chrysler CEO Bob Nardelli said that isn’t so. Chrysler’s financing arm is not in danger of losing the ability to offer […]
Posted in Chrysler, Dodge, Financing, Automotive on Jul 18th, 2008
Chrysler’s Dodge Avenger and Chrysler Sebring sedans are losing in sales to their competitors. The Chevrolet Malibu, Ford Fusion and Honda Accord all had sales increase 10 percent or more this year, while the Sebring’s sales have dropped 30 percent.
The Avenger gained only two percent in sales.
In response to these sluggish sales figures, the company […]
Posted in Chrysler, Dodge, Safety, Recalls, Automotive on Jul 18th, 2008
The federal government has recently announced that 5,509 2008 Dodge Chargers and Magnums, along with some 2008 Chrysler 300 vehicles, are being recalled for a problem that was first spotted in March on a 2009 Dodge Challenger pilot vehicle. The vehicle was undergoing pre-launch evaluation at Chrysler’s Chelsea Proving Grounds.
The problem seems to be that […]
Posted in Trucks, Chrysler, Dodge, car buying incentives, Automotive on Jul 14th, 2008
In a bid to move all remaining Dodge Ram pickup trucks of the lots of their dealerships, Chrysler will be offering 0% financing to all qualified buyers for up to 72 months. The incentive is hoped to offset the cost of ownership of the big truck.
But the main reason is to make room for the […]
Posted in Chrysler, Dodge, Financing, Automotive on Jul 11th, 2008
Chrysler LLC announced Thursday it will offer zero percent financing for six years on its 2008 Dodge pickups in an effort to help boost sales.
The zero percent financing offer applies to the 2008 Dodge Ram Light Duty Quad and 2008 Dodge Ram Mega Cab, according to Chrysler. The company will be launching a redesigned version […]
Posted in Chrysler, GM, Ford, car buying incentives, Financing, Automotive on Jul 7th, 2008
The Detroit Big Three are extending sales and promotions, increasing rebates and offering low or no interest financing to get car shoppers in the doors of their dealerships in the hopes of selling their vehicles.
All three are suffering in the sales department and are hoping that recent incentives will help.
Last week, Chrysler extended its $2.99 […]
Posted in Chrysler, Automotive on Jul 6th, 2008
Chrysler is in trouble. With the rising cost of fuel and the ever growing trend towards smaller, more efficient cars, Chrysler is coming to grips with the fact that their lineup just isn’t cutting it. They need small fuel-efficient cars, and they need them now.
That’s why Chrysler is on the lookout for a Chinese manufacture […]
Posted in Sports cars, Chrysler, Dodge, Automotive on Jul 4th, 2008
Good news speed freaks! Now you can get all the velocity you need right out of the box. Dodge recently announced that it’s performance division, Mopar, would be producing a drag-racing package for the upcoming Challenger muscle car.
Dodge says it was inspired by the 1968 Hemi-powered Dodge Dart and Plymouth ‘Cuda package cars. These vehicles […]
The largest privately owned automobile manufacturer is cutting back on 2,400 jobs and closing two plants that make mini-vans. Given Chrysler created this category of automobile, this is a major blow. It is also going to effect production of Dodge Rams, which also are seeing slowing sales caused by high gas prices.
With the news of […]