Chrysler news

Email to a friend Printer friendly Font: * * * * “It’s good that they are showing some growth in international markets, but they have a really, really small presence,” said Erich Merkle, an automotive analyst for IRN Inc. in Grand Rapids, Michigan. Chrysler hopes to someday get 50 percent of its total sales from outside North America, President Jim Press said in October. Every region outside North America posted gains last year. The Middle East/North Africa rose 64 percent to 21,171 vehicles.

Western and Central Europe, the largest region, gained 6 percent to 117,675. The Dodge Caliber, a small hatchback car, was the best- selling individual vehicle, with 30,937 sales. Chrysler’s global sales were just under 2.7 million vehicles in a market that J.D. Power and Associates estimated at 69 million. General Motors Corp. of Detroit and Toyota Motor Corp. of Toyota City, Japan, are competing for the global title; each sells about 9 million vehicles a year.

В© Bloomberg News 2008 COMMENTS ON THIS STORY Add Your Comment Bob Mon, Jan 7, 08 at 04:58 PM Oh…I feel so happy for Chrysler! Let’s see…if you flood a market with your car, and at a reasonable and affordable asking price (they are most likely ‘dumping’ the excess stock at irresistable prices) then no kidding they might be doing well, or better than here in Canada or even the softening U.S. market.