The December holiday season normally is a good time to buy as dealers clear out old models and sales people feel pressure to meet year-end targets.
The federal government’s 2008-09 bailout of General Motors and Chrysler actually saved the country $92 billion, a 768 percent return on the government’s investment.
Chrysler won’t be offering its stock for sale on the public markets this year.
The Consumer Electronics Association announced that a record nine automotive manufacturers will exhibit at the 2014 International CES, formerly known as the Consumer Electronics Show, Jan. 7-10 in Las Vegas, in 140,000 square feet of show space, up 25 percent from the 2013 event.
Chrysler is recalling about 1.2 million Ram trucks to fix front-end problems that could lead to steering troubles.
Durango sales have reportedly increased by 59 percent since the ads began running, and web traffic has jumped 80 percent.
It’s an election day of another sort — for Chrysler.
SEMA — Specialty Equipment Market Association — is a group dedicated to the aftermarket, which can range from small customization, to big engines.
Chrysler sales jump 11 percent. Company expects October annual sales rate of 15.7 million.
Chrysler Group’s net income rose 22 percent to $464 million in the third quarter as U.S. demand for the Ram pickup and Jeep Grand Cherokee rose.