This edition of JeepNewsNow.com sponsored by:
 
SalesChrysler Sales Down, DaimlerChrysler Profits Way Up
Posted by mike on 2006/7/28 21:11:28 (1048) reads

From Ohio.com:

DaimlerChrysler said its second-quarter operating profit -- a key gauge of underlying profitability -- rose 11 percent.

But its Chrysler Group, caught with too few car models as the market shifts away from trucks, reported a 91 percent drop in profit to $65 million from $695 million a year earlier.

In a conference call, DaimlerChrysler Chairman Dieter Zetsche said the lower earnings at Chrysler were a result of a 6 percent decline in sales as well as decreased per-vehicle margins.

Chrysler revenue fell 4 percent to $15.9 billion from $16.6 billion, and the company conceded that worse results are to come.

The company plans to turn its sales around later in the year by moving toward smaller, more fuel-efficient vehicles, Zetsche said. The Chrysler Group expects to introduce eight new models this year, most of them powered by a new, fuel-efficient four-cylinder engine or more efficient six-cylinder engines, Zetsche said. The models include two Jeep versions of the Caliber, the new midsized Chrysler Sebring and Dodge Avenger cars, and the Jeep Liberty and Dodge Nitro crossovers.

Check out the entire article.

Reader Reactions

The comments are owned by the poster.
We aren't responsible for their content.
You must login or register to post a comment.

Poster Thread
Transpower
Posted: 2006/7/29 11:46  Updated: 2006/7/29 11:46
Not too shy to talk
Joined: 2004/11/29
From:
Posts: 31
 Re: Chrysler Sales Down, DaimlerChrysler Profits Way Up
The article doesn't give sales volumes. Here's a list from AutoSite of SUV sales (sans proper formatting):


June 2006 Sales Volume
Make Model June 2006 May 2006 YTD 2006 YTD 2005
Chevrolet All New TrailBlazer 20,261 30,532 92,012 118,379
Ford Explorer 18,437 28,835 95,642 134,760
Chrysler PT Cruiser 14,693 11,727 70,153 65,548
Ford Escape/Hybrid 14,361 13,697 89,339 86,914
Chevrolet Tahoe 13,473 25,062 84,933 81,472
Toyota RAV4 13,204 6,489 75,015 35,949
Honda CR-V 12,394 12,668 72,054 73,435
Jeep Liberty 12,155 14,160 70,106 82,984
Honda Pilot 11,458 11,531 70,746 63,758
Chevrolet Equinox 10,909 17,217 56,331 70,985
Jeep Grand Cherokee 10,688 23,944 72,871 107,534
Saturn VUE 10,473 11,238 46,593 42,319
Toyota Highlander 10,436 13,029 61,357 70,412
Lexus RX 330 /RX400h 9,651 10,015 53,282 54,008
Chevrolet HHR 9,503 - 51,990 -
Jeep Commander 8,958 - 39,674 -
Toyota 4Runner 8,647 8,308 54,866 52,077
Chevrolet Suburban 7,417 12,482 34,253 44,781
GMC Envoy 7,381 16,531 36,994 57,246
Dodge Durango 7,366 9,678 38,871 62,147
Ford Expedition 6,852 12,652 41,233 61,651
Nissan Murano 6,617 6,449 43,354 37,089
Chrysler Pacifica 6,516 10,005 42,468 44,762
GMC Yukon 6,422 12,590 32,940 38,415
Toyota FJ Cruiser 6,366

----------

In other words, SUV sales are dismal!

Poster Thread
erik
Posted: 2006/7/29 6:55  Updated: 2006/7/29 6:55
Not too shy to talk
Joined: 2005/12/28
From: Williamsport, PA
Posts: 37
 Re: Chrysler Sales Down, DaimlerChrysler Profits Way Up
Nobody should worry about DCX. The Caliber has proven to be hotter than expected.

The Compass and Patriot will be successes.

The Wrangler Unlimited is a guaranteed hit.

Diesels for the Grand Cherokee & Commander.

New Sebring

Dodge Nitro to be followed by the "mini-Commander" Jeep Liberty.

DCX is in the right place at the right time.
Main Menu
JeepNewsNow Everywhere
Login
Username:

Password:


Lost Password?

Register now!
Jeep Classifieds
Syndication - RSS
Add Jeep News Headlines to your site for free!

Display the latest Jeep news headlines on your Web site using our RSS 2.0 news feed!

RSS 2.0

Or, if you prefer, an even easier way of putting the headlines on your Web site is to utilize our free, JavaScript-based headlines. Check them out!
Who's Online
11 user(s) are online (1 user(s) are browsing News)

Members: 0
Guests: 11

more...
Advertisements
mike's totally free jeep news now is designed and maintained by AnelloConsulting.com
Copyright © 1998-2010 mike's totally free jeep news now
Privacy Policy | Disclaimer | Advertising Info