Chrysler - Tagged Posts - F&I and Showroom

April SAAR at 14.92 Million Units

The SAAR is up slightly vs. April of last year, and most manufacturers experienced an increase in sales during the month.

Group 1 Assessing Storm Damage in Oklahoma City, Houston

Group 1 estimates that the storms in Oklahoma City and Houston caused damage to facilities and about 3,200 new and used vehicles. The auto retailer is continuing to assess overall damage.

March Sales Pace at 15.27 Million-Unit Annual Rate

The majority of manufacturers reported an increase in sales over last March, with the exception of Mazda and Hyundai. March’s SAAR stood at 15.27 million units, up from 14.14 million units one year ago.

February Sets Up 15.38 Million Unit SAAR

Just barely the majority of manufacturers saw an increase in sales in February over last year, with Mercedes-Benz and Hyundai breaking sales records for the month. Sales paced at a seasonally adjusted annual rate of 15.38 million units, according to Autodata Corp.

Chrysler Capital Goes Live on May 1

Santander will officially become Chrysler Group’s captive lender on May 1. The financial services company will establish a separate business unit dedicated to Chrysler and its dealers.

January Sales Pace at 15.29 Million Annual Rate

January's SAAR came in at 15.29 million units, Autodata reported this week. That’s up from last January’s SAAR of 13.98 million.

December and Year-End Sales Spike

Carmakers reported a favorable December and year-end sales. Mercedes and BMW posted record sales for the year, while Mazda realized its best December since ’94. Volkswagen also posted its best month since 1970 and its best year since 1973.

November SAAR Highest Since February 2008

Two automakers have already sold more vehicles through the first 11 months of 2012 than all of last year, while several others recorded new sales records during the month of November.

New-Vehicle Sales Up 13.8 Percent Through October

Hurricane Sandy impacts Nissan and Hyundai sales, but the industry’s seasonally adjusted annual rate remained above 14 million for the ninth consecutive month.

SAAR Reaches 14.94 Million in September, Autodata Reports

The annual sales rate reached its highest level this year in September, with Volkswagen realizing its best month in 40 years.