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TrueCar sees Chrysler sales up in March

Chrysler Crystal Ball


Contrary to warnings issued by Chrysler Group CEO Sergio Marchionne earlier this month, analyst Kirsten Andersson predicts Chrysler will report 170,091 new vehicle sales for March 2013. That would be an increase of 4.1% over March 2012 and a 22.4% increase over February 2013 deliveries and mark three years of consecutive month-over-month gains.

In spite of a forecast 10.1% increase in Honda sales, Andersson’s crystal ball says Chrysler will remain fourth by a healthy margin.

Andersson forecasts a slightly larger 4.3% for Ford and a 13.0% jump for General Motors. She sees overall industry sales rising 4.5% compared to the same month last year and 23.1% compared to last month.

TrueCar estimates General Motors spent the most on incentives with an average of $3,453, up 5.7% from last March. Chrysler was second, with an estimated average of $3,264, down 0.2% from last year but up 0.8% from February 2013.

Due to the fact March 2013 ends on Sunday, Monday is the cutoff for the month’s sales. Manufacturers will report sales next Tuesday, April 2.

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...

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...

Advisors call for Fiat-Chrysler merger rejection


Institutional Shareholder Services Inc. (ISS), the world’s leading provider of corporate proxy voting services, has issued a recommendation that Fiat shareholders reject...

Indy adjustments


  Four of the six competitors in the American LeMans GTLM class are getting adjustments for this weekend’s race at Indy. Ferrari...

Categories: Chrysler, Sales.

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Wrangler: aluminum and/or hybrid?
No FCA-PSA Peugeot merger talks (either)

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