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When numbers are reported on Monday, Chrysler’s October sales will be down 38 percent. That’s the average of predictions from Jesse Toprak of Edmunds.com, Deutsche Bank’s Rod Lache and Brian Johnson of Barclays Capital, industry analysts polled by Bloomberg News. Lache was the most optimistic, calling for a 35 percent drop while Toprak forecast a [...]
Chrysler is still paying the most to move the metal, leading the field in incentive spending. According to estimates from Edmunds.com, the company spent an average of $4,705 per vehicle in September, an increase of $103 compared to $4,604 in August and up sharply from the $3,713 spent in September 2007. Incentives on Chrysler-branded vehicles [...]
Chrysler will report September sales volume of 101,000 light vehicles, down 36.5 percent from the same month last year. That’s the forecast from Jesse Toprak, Executive Director of Industry Analysis for Edmunds.com, who predicts total industry sales will come in at 1.05 million cars and trucks, down not only 19.7 percent from September 2007, but [...]
The Dodge Neon and Chrysler PT Cruiser are among the most affordable fuel-efficient Certified Pre-Owned vehicles, according to Edmunds.com. A three-year-old Neon should cost about $7,876 under Edmunds’ True Market Value guidelines. A one-year-old PT Cruiser has a TMV of $11,126. True Market Value calculations for certified pre-owned vehicles include dealer inspection and reconditioning costs, [...]