Posted by Anonymous on 2007/1/8 11:42:01 (1460) reads
It appears from this article from the Detroit Free Press that Chrysler Group "vehicle bank" levels have returned to normal.
We're not 100% sure if this is the same as their overall inventory, but it seems like good news regardless.
If you can provide any additional details, let us know.
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Posted: 2007/1/8 13:16 Updated: 2007/1/8 13:16
Just can't stay away
Re: Chrysler Vehicle Bank Drops Below 10,000
From a comment posted under the Free Press article
"chrysler group dealer
What your article does not say is that some dealers were paid $2500 per unit and more to take the vehicles off of sales bank. Dealers that were overstocked from helping the factory out on previous purchase programs were at a disadvantage against dealers who were able to buy. This will set up a two tiered pricing bloodbath in the marketplace between dealers as they try to unload the product.
Bad move Chrysler."