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Pentastar Potential

MOPAR runs the numbers and they’re looking good!

Andy Bolig - April 03, 2014 02:24 PM

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Ram Trucks did well and the all-new Chrysler 200 appears to be highly anticipated.

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First quarter reports show that the buyer freeze is starting to thaw and Fiat Chrysler brands also benefitted.

When it comes to production numbers, product sales and fuel mileage, increasing numbers is moving in a good direction.

Fiat Chrysler CEO, Sergio Marchionne told Fiat's annual shareholders recently, "With the new industrial plan we have the possibility to produce between 6-7 million vehicles a year, but I'm not sure we will get there,"

Last year, the company reportedly shipped 4.4 million cars so this year’s potential production number is a significant increase year-to-year. Of course, Marchionne did leave the door open for lower production numbers by stating the POTENTIAL is there.

First quarter reports show that the buyer freeze is starting to thaw and Fiat Chrysler brands also benefitted. It seems that many buyers were thinking of hauling or were reacting to the winter weather as trucks and SUVs were big sellers. In fact, Ram out-sold Silverado for the first time since 1999 and sales of vehicles in the Jeep lineup rallied, pushing sales up 47 percent to a record 57,983. In spite of the increases, Chrysler Division dropped 23% in March, most of that attributed to a dismal 55 percent decline of the outgoing 2014 200 sedan. The new 2015 version is expected sometime in the second quarter of 2014.

The anticipated 2015 Chrysler 200 highway fuel economy improves five miles per gallon compared with the outgoing model, achieving 36 miles per gallon highway with the standard 2.4-liter Tigershark MultiAir2 I-4 engine. Models equipped with the 3.6-liter Pentastar V-6 engine delivers an EPA highway fuel economy rating of 32 miles per gallon, a three-mile-per-gallon improvement versus the outgoing model. Clearly, buyers are willing to wait a little bit now, to save a little more later.

 

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