December 2nd, 2008 by DaveAdmin
While some automakers have not reported in yet, all the others have declared losses in U.S. sales (November 2008 vs November 2007):
BMW: down 27%
Chrysler: down 47%
Ford: down 33% (including Volvo, down 47%)
GM: down 41%
Honda: down 32%
Isuzu: down 74% (from 496 to 130 units)
Mazda: down 31%
Mercedes: down 30%
Mitsubishi: down 36%
Nissan: down 42%
Porsche: down 48%
Subaru: down 4%
Suzuki: [...]
October 17th, 2008 by Bill Cawthon
French automaker Renault today told Reuters it was not talking to anyone about buying Chrysler’s Jeep Division from Cerberus Capital Management. People familiar with the situation had said the private equity firm was in negotiations to sell the automaker, in whole or in pieces, to Renault or General Motors.
“There are no discussions. We are focusing [...]
October 2nd, 2008 by Bill Cawthon
Let’s start the report with some good news: Chrysler regained the No. 4 spot in sales last month. Not just for the month, but in year-to-date (YTD) sales, as well. Chrysler outsold Honda by over 10,000 units in September, giving it a slim, 2,936-unit lead for the first nine months of 2008. Some more good [...]