Chrysler, Dodge, and Jeep news from Allpar

Chrysler performance: close to 2009 plan

According to Chrysler’s Five-Year Plan, Chrysler Group hopes to have 2.8 million units in annual sales by 2014. Chrysler ended 2012 with 2.2 million sales (just under 1.7 million in the US). Worldwide sales increased 18% from 2011, and U.S. sales increased by 21%.

Overall, Chrysler Group was just 206,000 vehicles below the plan for 2012, admirable performance given the economic issues in Europe.

Estimated 2012 Sales
(Five-Year Plan)
Actual 2012 Sales Difference
U.S. 1,800,000 1,652,000 - 148,000
Canada 200,000 244,000 + 44,000
Mexico 100,000 88,000 - 12,000
International 300,000 210,000 - 90,000
Chrysler Group Global Total 2,400,000 2,194,000 - 206,000

Sales by brand, in 2011 and 2012, were:

2011 Sales 2012 Sales Difference
Fiat 26,000 53,000 + 27,000
Ram 349,000 396,000 + 47,000
Chrysler 250,000 348,000 + 98,000
Dodge 638,000 695,000 + 57,000
Jeep 592,000 702,000 + 110,000

Financial numbers also improved, greatly exceeding or coming close to Five-Year Plan estimates. Chrysler’s net income last year was $183 million; for 2012 it increased to $1.7 billion. Revenue increased 20% over 2011 to about $66 billion.

Chrysler ended the year with $11.6 billion in cash and $2.2 billion in free cash flow. Because of the positive free cash flow, net industrial debt decreased from $2.9 billion in 2011 to $1 billion in 2012.

Estimated for 2012
(Five-Year Plan)
2012 Actual Difference
Net Revenue $57.5 billion $65.8 billion + $8.3 billion
Modified Operating Profit $3-3.5 billion $2.9 billion - $0.1-0.6 billion
Free Cash Flow $1 billion $2.2 billion + $1.2 billion

The modified EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) went up 15% compared to 2011 to $5.5 billion. Estimates for 2013 are:

Worldwide Vehicle Shipments 2.6-2.7 million
Net Revenue $72-75 billion
Modified Operating Profit $3.8 billion
Net Income $2.2 billion
Free Cash Flow ≥ $1 billion


Jeep deal for China production by end of April

Jeep-Cherokee-Perspective-Web

Jeep brand CEO Mike Manley says Fiat Chrysler Automobiles will most likely have completed a deal for production of certain Jeep models…

Renegade and Rubicon

Renegade in NYC

Brian Kapral reported from the New York Auto Show:
After the presentation of the Jeep Renegade, I was able to talk to…

Anodized Viper TA debuts

Yesterday, at the New York Auto Show, SRT debuted a combination of its Viper Anodized Carbon Special Edition Package with the Time…

Challenger Scat Pack: Dodge 392

The 6.1 liter V8 was restricted to SRT cars; the 6.4 was used only by SRT as well, until Ram got a…

Categories: Chrysler, Sales.


Jeep-Beijing-Lead-Web
Jeep shows 4 concepts at Beijing Auto Show
Jeep-Chinese
Chrysler announces deal for China Jeep production
Jeep-Cherokee-Perspective-Web
Jeep deal for China production by end of April
Renegade in NYC
Renegade and Rubicon


Chrysler Cars at Allpar

Recent Chrysler News

Please read the terms of use! Information is presented to the best of our knowledge. Plans change and sometimes mistakes are made. Any decisions or purchases made based on this site's verbiage or images are done at the reader's own risk. * Mopar, Dodge, Jeep, Chrysler, HEMI, and certain other names are trademarks of Chrysler, LLC. We are not Chrysler. We are not responsible for the consequences of actions taken based on this site and make no guarantees regarding validity or applicability of information or advice. The Webmaster is not an expert. Copyright © 1998-2000, David Zatz; copyright © 2001-2013, Allpar LLC. All rights reserved.