1954 Chrysler La Comtesse
Part One, Acura to Chevrolet, is here
Yesterday, we started are look through concept and show cars from major car companies that may have slipped your attention by being rather obscure. I delight in the obscure and the unusual, figuring that not everyone needs more pics of ’69 Camaros or ’58 Isettas. We continue with barely known Chrysler, Dodge and Ford concepts. (Read More…)
8 years to pay off a car? A report by the Wall Street Journal claims that in Q4 of 2012, the average car loan stretched out to 65 months, or just over 5 years. Loan terms were being stretched out over increasingly longer terms too, with credit firm Experian reporting that nearly 1 in 5 car loans had terms between 73 and 84 months long, with some stretching for as long as 97 months.
The Dodge Dart was supposed to have been the Messianic Redemption for Chrysler’s passenger car side; a well-built, competent compact car that would draw in young buyers to the Dodge brand while taking the fight to established players like Civic, Corolla and Focus. It had all the right elements on paper too; a large cabin, Alfa Romeo underpinnings and the all-important 40 MPG rating.
March was the 5th straight month of a SAAR above 15 million vehicles. Industry analysts have explained the strength of the market in a number of ways. The need to replace older vehicles is one (new car sales were hit hard during the recession as consumers held on to their vehicles for longer. This also caused used car prices to skyrocket, something TTAC has been documenting), while others have cited increasing fleet demand, and the desire to replace vehicles damaged in Hurricane Sandy.
But one factor that is just starting to get attention outside of TTAC is sub-prime financing. Sub-prime lending, which involves giving high-interest loans to customers with poor credit scores, is driving the SAAR in a big way, by letting buyers with poor credit purchase new cars. In turn, the sub-prime bubble is being driven by Wall Street, whose clients cannot get enough of financial instruments backed by sub-prime auto loans.
The Chrysler 300 is already equipped with a diesel for world markets, and there’s a possibility we may see an oil-burning 300 on our shores as well.
VW and Fiat are in talks regarding a possible sale of Alfa Romeo. The sale of Alfa Romeo to Audi would also include the Pomilgiano assembly plant in Naples, which once made Alfas, but currently produces the Fiat Panda. Magnetti Marelli, Fiat’s famed parts maker, may also be included in the deal, as Fiat looks to raise cash so it can buy the remaining shares of Chrysler off the UAW’s Voluntary Employee Benefits Association. (Read More…)
It seems strange, but sufficient Chrysler Cordobas still exist to provide a sporadic flow of fresh examples to self-serve wrecking yards. In this series, we’ve seen this ’78, another ’78, this ’79, and now today’s personally luxurious blue ’80. (Read More…)
The salesman must have thought I was nuts. I could hear the incredulous tone in his voice, “Some guy calling from Okinawa wants to buy a used car that we put on Craigslist? When does he want to come and look at it? He doesn’t? How’s he going to pick it up? He isn’t?” Fortunately for the both of us, money talks.
Recent talk of Chevrolet attempting to convert the 2014 Impala from 75 percent fleet sales to 70 percent retail sales seemed like an improbable figure. Judging the success of any new car is a crapshoot for most of us, but one thing is for sure; the full-size sedan segment as a whole, is declining.
Jeep is counting on the new Cherokee to help continue its streak of year-over-year sales growth, but the brand is facing production related challenges that could torpedo their quest for three consecutive years of sales growth.
The driving force behind the 12 man protest at Chrysler’s Warren, Michigan plant has gotten the boot.
The Detroit News, which broke the story, reported that protest organizer Alex Wassell was suspended without pay after nearly 20 years on the job. The protest was not sanctioned by the UAW, and led to the leaking of some documents outlining quality problems with the 2013 Ram 1500, a crucial product for Chrysler.
Since Wassell’s suspension, groups like the ACLU and Labor Notes, a union activist group, have spoken out about the firing, which Chrysler described as being due to “…engaging in activity constituting or appearing to constitute a conflict with the interest of the company.”
Meanwhile, the UAW has been curiously silent on the whole matter, which gives us an indirect example of the inherent conflict that occurs when the labor union and the corporate owners are one and the same.
TTAC commentator hidrotule2001 writes:
Hey Sajeev,
A few months back you helped me sort out a plan of action for my Ford Fiesta transmission problems, and I have another stick-shift quandary I thought you might have some insight on.
My second vehicle is a 2003 Ram 1500 (bare bones work-truck, standard cab, manual everything), which I’ve recently been doing a lot of maintenance on (new plugs, pads, rotors, u-joints, carrier bearing, and a few other things). One issue I haven’t been able to sort out is an odd grinding/squealing I get when the car is in gear at high rpms (3000+) with the clutch peddle fully depressed (on the floor), something akin to what you hear if you come off the clutch with the shifter only part-way into gear. (Read More…)
The 12-person protest that took place at Chrysler’s Warren, Michgan truck plant got little notice in the automotive news cycle, save for a couple of mentions on the usual aggregators. In truth, it’s not the juiciest story to sell in this click-driven wasteland, though these stories tend to raise the most interesting questions. This example highlights an issue that is going to dog the UAW for some time – how will the UAW control their workers when they are also the owners?
The decision by former Chrysler design chief Trevor Creed, approved by the company’s product planners and subsequently reaffirmed by Sergio Marchionne and his team of Fiat managers, to produce two compact Jeep SUVs, the Compass and the Patriot, has always confused me. Why spend money developing two different cars based on the same platform for the same market segment? Wouldn’t it make more sense to make one good car instead of two not quite as good cars?
Of course in the corporate mind at Chrysler, the Compass and the Patriot were not really supposed to compete with each other. The Patriot was supposed to be a compact Jeep for traditional Jeep owners, with styling derived from the XJ Cherokee. The Compass was supposed to be the compact Jeep for women people who’d never consider buying a Jeep. It had rounder, softer shapes, and was the first Jeep to be sold that could not be bought in a configuration that would earn it Jeep’s coveted “Trail Rated” branding. (Read More…)
A parts shortage has resulted in a shutdown at Chrysler’s Windsor Assembly Plant, home of the Dodge Grand Caravan and Chrysler Town & Country.
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