Last month was somewhat like “the morning after the night before” for light vehicle sales. After the huge “Cash for Clunkers” party in August, consumers spent much of the first half of the September picking up what little was left on dealer lots and automakers were trying to balance the need to replenish inventories with [...]
The hangover from the “Cash for Clunkers” program was especially painful at General Motors and Chrysler. GM sales plunged 45 percent, while Chrysler’s fell 42 percent. Ford, which is currently the strongest of the American brands, had a comparatively minor five percent deficit. Chrysler and GM were hampered not only by the dramatic decline in [...]
Chrysler Group increased market share compared with August 2009, but fell 42% compared with September 2008.
The Jeep® Wrangler continued its strong sales trend in September with 6,002 units sold, a 7 percent increase compared with August 2009. Wrangler continues to be tops in market share in the compact sport-utility vehicle (SUV) segment.
Jeep Grand Cherokee sales [...]
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