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    Tag Archive for 'discounts'

    Edmunds says Chrysler had highest September discounts

    Edmunds.com’s AutoObserver reports Chrysler offered the biggest discounts to retail customers last month. Edmunds figures discount percentages as the difference between MSRP and Edmunds True Market Value (TMV), sales-weighted by vehicle trim level. Note: The second and third columns compare average discounts from September 2010 to the average of those offered last month; the fifth [...]

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    Chrysler joins credit union plan

    Chrysler has followed GM by making a deal with the Michigan Credit Union League which makes low-cost loans available to Chrysler buyers, in return for additional discounts for members of participating credit unions. The plan will be expanded to 2,500 credit unions in 12 states, with nearly 25 million customers; around $25 billion is available [...]

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    GM finds a way around Cerberus-owned GMAC

    General Motors, having sold a controlling interesting in GMAC to Cerberus, has now lined up a group of midwestern credit unions who are willing to make $10 billion in low cost financing available to their 12 million members, for buying General Motors vehicles. In return, GM is working with them to offer special price discounts [...]

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    Canadian Chrysler sales a bright spot

    Chrysler Canada today announced sales of 15,560 for the month of November, down somewhat from November 2007 (18,445), with calendar year-to-date sales of 210,702 compared to 213,729 in the same period last year. “With only one month remaining, Chrysler Canada is on track for another solid year,” said Reid Bigland, President and CEO of Chrysler [...]

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    Grim October sales pace worst in 25 years

    As predicted, October’s U.S. light vehicle sales weren’t pretty. A tough economy and severely tightened credit produced a seasonally adjusted annual rate of just 10.56 million sales, the lowest SAAR since February 1983. Combined reported sales numbers missed even September’s anemic levels, coming in at about 838,000 units, 130,000 units less than last month and [...]

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    Canadian sales continue to defy U.S. declines

    Chrysler Canada today announced sales of 15,731 for October, an increase of 2% over October 2007 and consistent with sales through the first nine months of the year. Reid Bigland, President and CEO of Chrysler Canada, pointed out that October “marked the 25th month of sales growth over the last 27 months.” The Dodge Grand Caravan [...]

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