In their rush to send out key details of Obama’s auto plan, many journalists ignored important information. This is the full text; other documents are available from the White House.
One of the challenges we have confronted from the beginning of this administration is what to do about the state of our struggling auto industry. [...]
American Honda Motor Co., Inc., posted total February vehicle sales of 71,575, down 35.4 percent compared to February 2008, based on the daily selling rate*. Honda Division posted February sales of 63,916, a decline of 34.9 percent versus February 2008. Dick Colliver, executive vice president of sales for American Honda, said, “We hope, as spring [...]
Ford Motor Co. reported February light vehicle sales of 99,050 units, a decline of 48.35 percent compared to February 2008. Domestic brand (Ford, Lincoln and Mercury) sales were down 48.07 percent at 95,694 cars and light trucks. These figures exclude Low Cab-Forward and Heavy trucks.
The drop in sales exceeded predictions of industry analysts who had [...]
Edmunds.com estimates Chrysler spent an average of $5,556 on incentives last month, a new record for the automaker. That figure represents a $2,046 increase over last February and a $1,265 jump from January 2009. It’s also about $2,000 more than the amounts spent by Ford and General Motors.
The highest incentives were offered on Chrysler brand [...]
Dealers across the United States ordered at least 78,000 vehicles in February despite bulging showrooms, after an effort by Jim Press and others to make the sales. The extra income, according to Press, will prevent unwanted cutbacks and encourage the Federal government to provide additional aid.
Allpar covers all Chrysler and related vehicles* with news, performance tips, forums, histories, repairs, racing, and more. Use the menus on top of the pages!
Cars - Engines - History - Forums - Repairs - Reviews - Other car reviews - Us - Terms of Service - News - Random link -
Corrections/Additions
Please read the terms of use! * 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 © 2001-2008, Allpar LLC. All rights reserved.
Allpar's Chrysler, Dodge, and Jeep news is powered by WordPress . Subscribe to our RSS feed
This blog uses the cross-linker plugin developed by Web-Developers.Net
SEO Powered by Platinum SEO from Techblissonline