by Bill Cawthon • Posted on January 9th, 2013
With global sales of 701,626 units in 2012, Jeep brand set an all-time record, easily surpassing the brand’s previous best year, 1999, when sales totaled 675,494 units.
By the numbers, global Jeep vehicle sales increased 19 percent last year, compared to 2011. In the U.S. sales increased 13%. The brand saw growth in every major global region and in China, the world’s largest vehicle market, Jeep continues to pace the industry as the fastest-growing mainstream brand, with sales up 107 percent in 2012. In the United States, Jeep has regained its number-one position in the SUV market.
“The Jeep brand has achieved double-digit percentage sales increases in each of the past three years, both globally and in the U.S. market,” said Jeep CEO Mike Manley. “In late 2009, we set out on a course to quickly renew our entire vehicle lineup, with a focus on legendary Jeep capability combined with improved on-road driving dynamics, fuel efficiency and world-class craftsmanship. Clearly customers have appreciated the unique combination of attributes that Jeep vehicles offer. “We expect to continue our sales momentum in 2013 with the introduction of an all-new mid-size Jeep SUV, as well as the new 2014 Jeep Grand Cherokee, which will be available with a new, clean-diesel engine,” Manley added.
The Grand Cherokee was Jeep’s best-seller with 223,196 units (154,734 in the U.S. alone), followed by the Wrangler, which racked up 194,142 sales unit and the Compass with 103,321 units.
Fiat S.p.A. announced its second-quarter results from Turin this morning for what could be the last time, if shareholders approve the Fiat-Chrysler merger on Friday.
Worldwide shipments rose 2%, to 1.2 million, in the second quarter as revenues rose 5% to $31.2 billion
NAFTA region shipments grew 10% while Asia Pacific (APAC) region jumped 42%....
According to a report in Italian financial newspaper Il Sole 24 Ore, the government is considering offering tax incentives to boost car sales in the country.
“We are thinking of using fiscal levers to encourage a renewal of our car stocks,” Transport Minister Mauritzio Lupi said today. “We are evaluating this project because that is what it means to have an industrial policy for this country.”
“We have the oldest fleet in Europe,” Lupi went on to say....
Allpar’s sources tell us that, despite the clear acceleration and fuel-economy benefits of the eight-speed automatic, the police are demanding that Dodge stick with the old Mercedes five-speed on Charger squad cars.
In 2014, both police and civilian Chargers had the five-speed, though civilians got the eight-speed with the V6 — and in 2015, the eight-speed will be the only transmission in any civilian Dodge Charger, including the SRT....
In today’s print edition of Automotive News, Larry Vellequette wrote about one more facet of the ongoing battle for bragging rights among pickup manufacturers.
This time, Ram is engaged in a tussle with Ford over top towing rights. Ford claims the championship over the Ram 3500, saying its 4X4 crew cab heavy-duty pickup can tow 31,200 pounds, 1,200 more than the Ram 3500 regular cab 4X2, which Chrysler maintains has “best-in-class” towing....