This edition of JeepNewsNow.com sponsored by:
 
SalesDisappointing DaimlerChrysler Earnings, Most Requested Brands
Posted by mike on 1999/7/30 0:00:00 (957) reads



DaimlerChrysler reported second-quarter earnings of $1.53 billion - this represents very little change from last year - hence the "disappointing". Investors reacted by dumping DaimlerChrylser stock - it closed down over $7 on 7/29/99.

Analysts said that one of the major factors of the flat earnings is the "sluggish operating profit margins in traditional Chrysler brands - Chrysler, Dodge, Plymouth, and Jeep.

``We're in the best of times in North America and Chrysler's earnings were flat,'' Lehman Brothers analyst Nicholas Lobaccaro said. ``If they can't have higher earnings in the best environment, then it's only downside form here.''

Jeep Makes the Top 10 Most Requested Brands List

InvoiceDealers.com, the only new-car buying service offering up-front dealer pricing nationwide, released the ten automotive brands most requested by shoppers who used its comparison shopping tool during the past six months.

InvoiceDealers.com research shows that 18.1% of its online car buyers favored Ford, the site's most popular brand in the first 6 months of this year. Buyers also showed high demand for cars and trucks made by Chevrolet (14.2%) and Dodge (12.4%), in second and third place respectively. Toyota led all foreign-made automobiles with 7.7% of all purchase requests. Volkswagen topped the European makers, with a high number of requests for its second line of 1999 cars, introduced in April of this year.

``We're working to insure that America's most popular makes and regions are well represented in our system,'' said InvoiceDealers.com CEO Jon Christensen. ``Our mission is to give people the power to get the car they want, when they want it, at a pre-disclosed price they can count on.''

Top 10 Most Requested Car Models in 1999 (Percent of All Requests)

  • 1. Ford 18.1%
  • 2. Chevrolet 14.2%
  • 3. Dodge 12.4%
  • 4. Toyota 7.7%
  • 5. Honda 6.8%
  • 6. Nissan 5.5%
  • 7. Jeep 5.2%
  • 8. Volkswagen 3.4%
  • 9. Chrysler 3%
  • 10. Pontiac 2.4%

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.
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
5 user(s) are online (1 user(s) are browsing News)

Members: 0
Guests: 5

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