Chrysler, Dodge, and Jeep news from Allpar

GMAC no more, Chrysler will now finance through Ally

North American buyers of new Chrysler, Dodge, Jeep and Ram vehicles will soon be financing their vehicles through Ally Financial. The company, formerly General Motors Acceptance Corporation, is retiring the GMAC name from its automotive financing operations for GM, Chrysler, Saab, Thor Industries (manufacturer of Four Winds recreational vehicles and Airstream travel trailers) and Fiat Mexico. It already uses the Ally name for its financing operations for Suzuki. The changeover will come next month.

Ally is among the world’s largest automotive financial services companies. In the first six months of 2010, Ally loaned more than $16 billion to retail customers in North America including an average of $2 billion a month to U.S. buyers, up more than 120% from the first half of 2009.

“The move to the Ally name allows us to invest in a brand that we own and can build upon for the long term,” said Bill Muir, Ally’s president. “An ally is someone you rely on to support you, and our new brand embodies our 90-year heritage as a trusted finance source for the automotive industry.”

Dealers will also find the Ally name on their own inventory and floorplan financing as the 91-year-old firm continues to distance itself from former owner GM. GM spun off GMAC in 2006 and is now exploring its own financing options.

Auctioning the first Hellcat

Stryker Red Challenger Hellcat #1

Dodge will auction the very first production 2015 Dodge Challenger SRT Hellcat, the most powerful and fastest muscle car ever built, during the Barrett-Jackson Las Vegas 2014 auction on September 27 in Las Vegas. Proceeds will benefit the not-for-profit Opportunity Village.  The special-edition 2015 Dodge Challenger SRT Hellcat, with a 6.2-liter supercharged HEMI® V-8 engine and 0001 vehicle identification number (VIN), has an NHRA-certified quarter-mile time of 10.8 seconds at 126 mph....

July sales forecasts


While sales numbers won’t be released until a week from today and even though there’s one more selling weekend in the month, industry analysts have already issued their forecasts for July light vehicle sales., Kelley Blue Book’s, and all see Chrysler Group reporting the highest growth of the top automakers with sales more than 20% higher than they were in July 2013, a month where Chrysler temporarily fell to fifth in the volume rankings, outsold by American Honda....

Wrangler: aluminum and/or hybrid?

As government rules get tighter, and to avoid losing customers if/when gas prices rise, automakers are trying to increase gas mileage. At Chrysler, Ram has been slashing fuel consumption by cutting parasitic losses, using eight-speed automatics, and spreading diesels to the 1500 line. Jeep is busily creating the new Wrangler, with an eye towards saving weight, and Chrysler has been advertising for a senior buyer for large aluminum castings....

No FCA-PSA Peugeot merger talks (either)


The slow week for Fiat news has journalists scrambling again. Thursday’s Financial Times reported that Fiat-Chrysler and PSA Peugeot have discussed a merger. Unlike the story in Manager Magazine about a possible FCA-Volkswagen tieup, the Financial Times said “people familiar with the talks” were fairly straightforward: the automakers did have discussions but nothing progressed beyond that point....

Categories: Chrysler, Fiat and Fiat Brands, Sales.

Friday racing results
Ram 1500 weight close to 2015 Ford?
Stryker Red Challenger Hellcat #1
Auctioning the first Hellcat
July sales forecasts

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