· Automated System
Sergio Marchionne, in a statement released with February sales, warned that Chrysler’s sales will likely fall in March 2013, compared with March 2012. Last year, March was the peak sales month for the company, with over 163,000 U.S. sales, compared with an average of under 140,000 sales per month (during 2012). This year, Chrysler sales rose just 4% in February, ending a stunningly long streak of double-digit year-over-year sales gains. Mr. Marchionne blamed next month’s projected drop (versus 2012) on the end of Liberty availability, and lack of product due to launches of the 2014 Jeep Grand Cherokee and Compass, along with the Ram Heavy Duty pickups. Liberty went out of production in 2012, but dealers were told to stock up on them, given the unusual length of time the plant would be refitted. The new Jeep Cherokee, which replaces Liberty, is not due to start production until May,..
View the original, full post