Republican and Democrats alike have led the charge to have the government override private industry’s decisions as 202 Congressmen cosponsored a bill which would prevent GM and Chrysler from dropping dealers while in bankruptcy. In Chrysler’s case, the dealerships have already lost their franchises and some have closed.
The proposal would overrule bankruptcy law, judicial decisions, [...]
Best-Sellers for May 2009:
1. Ford F-Series – 33,381
2. Chevrolet Silverado – 31,463
3. Toyota Camry – 31,325
4. Toyota Corolla – 23,576
5. Honda Accord – 22,597
6. Honda Civic – 20,723
7. Ford Fusion – 19,786
8. Chevrolet Impala – 18,709
9. Nissan Altima – 18,406
10. Ford Escape 16,391
11. Dodge Ram – 15,516
12. Ford Focus – 15,034
13. Honda CR-V – 14,550
14. [...]
Chrysler came in ahead of forecasts that predicted a sales slump of more than 50 percent. All three Chrysler brands improved on their April results giving the company its best retail sales so far this year. Overall sales were down 47 percent compared to May 2008, but that’s not too shabby considering the company spent [...]
Ford kicked off the reporting with a much-better-than-forecast 24.3 percent shortfall compared to May 2008. As the company capitalized on the fact it’s the only U.S. automaker not on the government dole, Lincoln sales were actually better than last year’s and total volume was the highest since last July. Sales of the Fusion were up [...]
David Shephardson of the Detroit News has just posted an article quoting Chrysler’s senior financial advisor Ron Manzo as saying that the company would be unlikely to repay the $4 billion loaned by the Bush Administration in January. Shephardson confirmed with a “government official” that Chrysler would probably not repay that first $4 billion. The Treasury [...]
A large group of 30 Fiat representatives will be at the Belvidere plant on Monday May 4th, according to our correspondents. Rumors are circulating that the Fiat people may want to bring a new SUV or other vehicle to the flex-capable plant, which was set up to make the Patriot, Caliber, Compass, and one unrelated [...]
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. [...]
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