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Filed under: Car Buying , Trucks/Pickups , Dodge Click above for high-res gallery of the 2009 Dodge Ram Dodge has a tough road ahead when it comes to selling the redesigned 2009 Ram. Though fuel prices have indeed dropped a bit in the last few weeks, consumers surely still have cash registers ringing in their heads when thinking of large V8 engines and four-wheel drive. So, to ease the newest Ram into the market, Dodge has decided to lower its price a bit compared to the outgoing model while also adding some unique and heretofore unavailable content to the mix. The dealings will start at $22,170 for base models with the regular cab, $26,225 for Quad Cab models and $32,530 for Dodge's first-ever Crew 1500 models. Opting for a top-end Laramie Ram Crew 1500 4x4 will cost you $44,140, which is on par with other top-of-the-line competitors from Ford and GM. Engine options include a revised 390-horse 5.7-liter HEMI, which will allow the quickest Ram to make it to 60 mph in less than six seconds...
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Filed under: Car Buying , Chrysler, LLC. , Dodge , Jeep A quick look at July sales figures shows that Chrysler saw a massive 34% drop in its Daily Sales Rate vs. July 2007, but the bottom line could have looked worse. Chrysler's recent announcement that its financing arm would exit the leasing business by July 31 had lead to a rush of customers visiting local Chrysler, Dodge and Jeep dealerships. Some dealers sold four times as many vehicles as usual for the last couple days of the month, giving the stores some relief from an otherwise bleak July. Now dealers are worried that the increased sales volume could lead to a still more bleak August, since many customers pulled forward their purchase decision. Some dealers are trying to find third-party banks willing to get in on the leasing game, but a tight credit market and massive losses at automaker credit arms have made leasing look very unattractive as lease price begin to rise. Chrysler is hoping a fresh round of incentives will help...
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Filed under: Car Buying , SUVs , Chrysler, LLC. , Dodge , Jeep , Earnings/Financials The automotive sales sector is in a major state of flux as consumers continue to run from SUVs and pickup trucks into smaller, more fuel efficient cars. One manufacturer hit especially hard by this transition is Chrysler, a company that recently posted the worst fleet average fuel economy numbers of all major automakers in the U.S. due to its truck-heavy lineup. Still, the automaker has built up a large supply of Chrysler, Dodge and Jeep utility vehicles that they have got to get off dealer lots somehow. To ease consumers into the fuel-thirsy utes, Chrysler has introduced new incentives of zero-percent financing for 72 months on the 2008 Dodge Durango, Chrysler Aspen and Jeep Grand Cherokee and Commander. While the lack of any financing charges will certainly impact the bottom line, it is nothing compared to the losses the automaker has been hit with over its past lease deals. In fact, truck and SUV residuals...
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Filed under: Car Buying , Podcasts , Chrysler, LLC. , Dodge , Ford , GM , Mazda , Toyota , Earnings/Financials We busted our humps getting to Podcast #100, and then promptly slacked off. Chris Shunk and Dan Roth make the effort this week to get Autoblog Podcast #101 out the door while the rest of the team remains difficult to corral. The usual banter about what's been in the Autoblog Garage starts us off before we dive headlong into the pithy GM news from earlier this week. Love it? Hate it? Send your comments, suggestions, or anything else to podcast at autoblog daht kahm. Thanks for listening! SUBSCRIBE to the Autoblog Podcast in iTunes ADD the Autoblog Podcast feed to your RSS aggregator DOWNLOAD the show now Permalink | Email this | Comments
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Filed under: Car Buying , Coupes , Dodge Click above for a high-res gallery of the 2008 Dodge Challenger SRT8. For those of you desperately waiting for the next batch of Dodge Challenger SRT8 s to be built after the announcement that the first 6,400 2008 models were already spoken for, fret not, supply is on your side. The Detroit News is reporting that while the majority of limited edition SRT8s were already sold before they were built, about one-quarter of the Challengers were set aside for dealer orders. Several retailers across the U.S. have between two and twenty Challengers sitting on the lot, with one dealer advertising in Michigan's Macomb Daily that nine Brilliant Black, eight Hemi Orange and two Silver Metallic HEMI-powered coupes are available for the taking. Naturally, supply is dependent on where you live. One dealer in Naples, Florida sold out all eight Challengers in three days, while others have only sold only one out of their allotment. And just because you can find...
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Filed under: Car Buying , Trucks/Pickups , Chrysler, LLC. , Dodge The 2009 Dodge Ram appears to be a top-notch competitor in the light truck market, but that won't keep the soon-to-be-released model from feeling the pinch of high gas prices. Chrysler told dealers in a July 8th conference call that the new Ram would be launched with 0-percent financing... for 72 months. To put this into perspective, an all-new $30,000 vehicle with 7-percent financing would translate into a $511 per month car payment over 72 months. With 0-percent financing, the payment would be only $417, for a savings of nearly $7,000. When the 2009 Dodge Ram was unveiled to the public at the Detroit Auto Show , it was looked at as a potential savior for the Pentastar. Only seven months later and two months before its scheduled to go on sale, It's going to be launched with the same financing as the slow-selling outgoing model. Ouch. [Source: Automotive News (subs req'd)] Read | Permalink | Email this | Comments
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Filed under: Car Buying , Trucks/Pickups , Dodge Click above for high-res gallery of the 2009 Dodge Ram Sure, it's not a great time to debut an all-new full-size pickup truck with sales falling fast courtesy of $4/gallon gas, but unlike Ford, which has delayed the release of its redesigned '09 F-150, the all-new 2009 Ram is coming despite fuel prices and market conditions. Pickuptrucks.com reports that the new Dodge pickup will actually be offering more power underhood than originally thought. The 5.7L HEMI V8 option will see its horsepower increase from 345 to a whopping 390, while torque goes up from 375 pound-feet to 407. It was originally thought the '09 Ram would offer 380 hp and 404 pound-feet of torque, so here we have a case of underpromising and overdelivering. The improvements in power come courtesy of variable cam timing, an active intake system, higher compression ratio, improved airflow and a reworked Multiple Displacement System. And what of speculation that there...
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Filed under: Car Buying , Marketing/Advertising , Chrysler , Dodge , Jeep Chrysler's Project Genesis plan has been gaining traction as of late. The goal is to cut out redundant models between the Chrysler, Dodge and Jeep brands, which would also mean consolidating its entire product line into one dealership which offers all three marques. While there are some dealership owners fighting the strategy, The Detroit News reports that Chrysler already has fifty-eight percent of its dealerships offering its three brands, and its been able to cut out some smaller, less profitable sites in the process. While franchise laws prohibit Chrysler from requiring the switch, reducing its model line can have the same effect, forcing its dealers to offer the entire product catalog from the company in order to offer a full line of vehicles. As a side benefit, the automaker hopes that its dealers can upgrade their franchises, offering a modern look and high-tech features such as Wi-Fi and a cafe on site...
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Filed under: Car Buying , Hybrids/Alternative , SUVs , Green , Chrysler , Dodge Click above for high-res gallery of Chrysler's hybrid SUVs Apparently hoping to avoid the ignominious fate of the full-size hybrid SUVs from two-mode hybrid partner General Motors, Chrysler is getting aggressive with the pricing of its new Durango and Aspen hybrids. At launch this fall, the Chryslers will be stickered at 45,340 and $45,570 respectively, some $8,000 below the four-wheel-drive versions from GM. GM recently had to slap $4,000 cash on the hood to entice customers to check out the Tahoe Hybrid and Yukon Hybrid. Unlike GM, however, Chrysler has chosen not to offer a two-wheel-drive variant of its hybrid SUVs. At this point we still don't know how equipment levels will compare between the GM and Chrysler models, so it's hard to do a direct comparison of these high-mpg hybrid SUVs. The last time we talked to Chrysler about the hybrids, they were not planning to implement any of the weight...
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Filed under: Car Buying , Chrysler , Dodge It's hard to think of a way to make the Chrysler Sebring or Jeep Compass even less attractive, but a 2% price increase is a good start. It's not like Chrysler has control over the price of commodities, which is part of what's driving the increase that begins June 16th. Dealers will have to cough up extra cash the next time they replenish their inventories, but whatever's already on the lot will be unaffected. Chrysler's Stuart Schorr contends that the price bump brings Chrysler in line with its competitors. Unfortunately, Chrysler's product lags even the domestic competition, so price parity for a lesser vehicle is hard to swallow. If anything, the poor schmo who looks at the horrid interior materials in a Patriot and still buys the darn thing deserves something besides a handshake from an adversarial salesperson. [Source: Automotive News - sub req ] Read | Permalink | Email this | Comments
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Filed under: Car Buying , Marketing/Advertising , Chrysler , Dodge , Jeep , Earnings/Financials It looks like car shoppers have been smart enough to see past Chrysler's cheap gas guarantee . Despite Chrysler's extension of the offer for an extra month, a very small percentage of actual consumers have actually chosen the gas guarantee over the old fashioned cash back options. As we've reported in the past, the incentive wasn't really as good as it seemed once the math was done. As was pointed out by the Union of Concerned Scientists, a 3 mpg bump in efficiency would be equal to the savings Chrysler was offering. Additionally, Chrysler not only has the worst fleet in terms of fuel efficiency, but many of its products haven't exactly set the world on fire based solely on their own merit . The performance of the incentive deal suggests that in today's world average consumers may not want to be seen driving gas guzzling vehicles, regardless of what they're paying...
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Filed under: Car Buying , Coupes , Sports/GTs , Chrysler , Dodge click above for high-res gallery of the 2009 Dodge Challenger SE and R/T Back in April we reported a top Chrysler executive had leaked to The Detroit Free Press that the 2009 Dodge Challenger SE would start at $23,995. Apparently this executive is not very much in the loop, as Dodge officially announced today that the base model Challenger SE would start at just $21,995, which includes $675 for destination charges. Just to refresh your noodle, the Challenger SE is the base model and comes with a 3.5L V6 producing 250 horsepower and 250 pound-feet of torque. And for comparison's sake, a 2008 Ford Mustang V6 starts at $19,650, though that's excluding destination charges. The next best Challenger is the R/T model, which Dodge says can be had with a 370-hp 5.7L HEMI V8 starting at $29,995. Finally, the 2009 Dodge Challenger SRT8 that's already been on sale for a year will get a hefty $2,000 bump in its starting price...
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Filed under: Car Buying , Marketing/Advertising , Chrysler , Dodge , Ford , Earnings/Financials Times are tough in Detroit these days as each of the Big 3 saw drastic drops in sales for the month of May. It's not surprising, then, to see that Chrysler , Dodge and Ford have increased incentives in an effort to get those cars off its dealer's lots. For instance, prospective buyers for the Hemi-powered Chrysler 300C can now choose either $4,000 cash back or $2,000 plus Chrysler's $2.99 gas promotion , known as Let's Refuel America. Choosing Chrysler's full-size SUV, the Aspen, will net you $4,500 cash back or $1,000 in cash, plus the Let's Refuel deal. Dodge too is heavy into the incentives game, especially on fuel-gulping SUV's and trucks. The largest savings come with the 2008 Ram truck, which gets you $5,000 in cash or $3,000 plus the cheap gas card. Realizing the sorry state that sales of the F-Series are in, Ford has chosen to offer employee pricing for its...
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Filed under: Car Buying , Dodge Click above image for gallery of high-res shots courtesy Delbert Shoopman Looks like late night television's most famous car nut is the latest person to fall under the spell of the new Dodge Challenger SRT-8. Autoblog friend Delbert Shoopman says he was walking around the NBC lot in Burbank and happened upon one black Challenger parked directly across from the Tonight Show studio. Further snooping revealed a Jay Leno parking tag on the spot (above). We snooped a bit ourselves and found a blurb on Chrysler's internal blog, Firehouse, where they talk about Jay's latest acquisition. Seems Jay picked it up yesterday at Valley Dodge in Van Nuys. It will join his 1970 Challenger among the hundreds of other cars in Leno's Garage when he isn't driving it around the Valley or stopping off at local car meets. We'll keep an eye out for him at Bob's Big Boy and VCR to see what he thinks of his latest toy. We're guessing he will get quite...
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Filed under: Car Buying , Chrysler , Dodge , Jeep Chrysler's restructuring plan and new plan for product development named Project Genesis is facing some expected criticism from many dealers. However, others are praising the cost-cutting, model-trimming and dealer-consolidation program that's happening as a result. As Chrysler pressures its traditional dealer network to sell all three brands (Chrysler, Jeep and Dodge) under one roof - without any financial assistance to help those already struggling with slow sales - many dealers are having a difficult time with the expense of investing in larger facilities to meet the Project Genesis requirements. According to Chrysler, a one-brand dealer won't be able to survive with its limited vehicle offerings after Chrysler trims down its model lines (expected to be complete by 2012). This is forcing dealers to add the other brands, or shut their doors as sales slowly dwindle. Conversely, the closure of some dealers is having a positive...
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