Word: jeep
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...things in the weeks ahead. First, it will try to close the deal on Chrysler's sale to Fiat. Sources familiar with the task force's approach describe Chrysler as "hollowed out" by a succession of owners and largely worthless, with no quality brands other than Jeep and little hope of restructuring itself into a viable concern...
...JEEP PATRIOT An electric SUV concept car that charges by plugging into a standard wall outlet...
...week between Christmas and New Year's Day is traditionally the busiest of the year for car dealers, and Sullivan predicts it will be as good as ever. In fact, the folks at Overland Park Jeep Dodge are feeling so bullish that 50 extra cars were ordered for the early months of 2009. "We've already bottomed out," he said with the upbeat attitude of a true salesman. "Each month has been building back to normalcy." See photos of the 50 Worst Cars of All Time...
...October was bleak: the dealership sold only 30 cars for the month compared with a normal 15-18 a week. But December's numbers are solid, he said, thanks in part to his deep roots in the community and solid ties to bankers. Compared to many dealers, Overland Park Jeep Dodge hasn't been troubled by lack of consumer credit. All of his 70 employees have safe jobs, Thompson declared...
...American car buyer and the resulting dramatic impact it has had on overall industry sales in the United States," the action was needed, the company said. At a recent meeting between Chrysler management and dealers at Chrysler's headquarters, the dealers asserted that they have willing buyers for Jeep and Dodge vehicles but are unable to close the deals due to lack of financing. "The dealers have stated that they have lost an estimated 20% to 25% of their volume because of this credit situation," the statement said...