Posted on February 7th, 2011 • by Bill Cawthon
Chrysler dealers in the U.S. have been given an ambitious goal: sell 1.57 million cars and light trucks in 2011. That’s 45 percent more than they moved in 2010. If achieved, the total would give Chrysler about a 12 percent share of the estimated market of 12.7 to 13 million light vehicle sales and its [...]
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Posted on May 19th, 2010 • by David Zatz
A Senate proposal from Republican Sam Brownback to exempt car dealers from oversight by a new customer protection agency has been changed to appear to help soldiers and their families. The original proposal, which was based on the NADA’s idea that car dealers never cheat anyone, especially with regard to auto loans, was popular in [...]
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Posted on March 31st, 2010 • by Bill Cawthon
The following is the text of the keynote speech, entitled “A Year of Transformation,” delivered by Chrysler CEO Sergio Marchionne at the National Automobile Dealers Association/IHS Global Insight Forum in New York City yesterday. Thank you for the introduction, Ed. I would also like to thank NADA and IHS Global Insight for sponsoring this program, [...]
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Posted on March 27th, 2010 • by Bill Cawthon
In the next few days, Chrysler will send out letters offering reinstatement to 50 former dealers who have appealed to have their termination cases heard by an arbitrator. This is in addition to 36 offers of reinstatement that have already been extended to dealers. The offers are focused on dealerships in areas where reinstating a [...]
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Posted on February 15th, 2010 • by Bill Cawthon
Chrysler dealers at the National Automobile Dealers Association (NADA) annual convention were more confident about the company’s future after a closed-door meeting with Chrysler executives. While the dealers know they face a product drought for most of this year as well as unfavorable public and analyst perceptions, many say they’ve been there before and are [...]
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Posted on October 27th, 2009 • by Bill Cawthon
The National Automobile Dealers Association says as many as 40 Chrysler dealerships may be threatened with foreclosure because of the ongoing dispute between GMAC and Chrysler financial. “The parties have taken inconsistent positions and dealers are stuck in the middle,” said Forrest McConnell, an official with NADA. The dealer group says the affected dealerships are [...]
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