Chrysler predicts increased market share by end of 2006

At a time when the "traditional" Big 3 are losing market share to imports at a feverish pace, Chrysler Group has some good news. The company expects to actually gain market share by year end, according to Joe Eberhardt, Chrysler executive vice president of global sales, marketing and service. Speaking at a launch event for the 2007 Chrysler Sebring and Aspen (pictured), Eberhardt said that the company would cut production and work with dealers to run inventory down to acceptable levels, particularly with its trucks -- currently, the automaker has a ballooning surplus of trucks and SUVs that it has so far failed to staunch.

Chrysler will also move away from incentives a la Ford Motor Company and General Motors, both of which are trying to get away from incentives in favor of lower overall transaction prices. We'll be keeping a close eye on Chrysler's performance through the end of the year starting with its performance in August, the results of which should be released tomorrow.

[Source: Reuters via Automotive News]

Reader Comments (Page 1 of 2)

Add your comments

Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.

When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.

To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.








Autoblog Podcast #156: Paukert comes back for more! 

Chris, Dan, and Editor Paukert chat and give each other grief. Merriment ensues.

 
 

Featured Galleries

  • Danica Patrick NASCAR
  • Tiger Woods GM-owned Cadillac Escalade
  • Forza 3 Hot Holidays DLC
  • Spy Shots: Baby Buick caught in Germany
  • 2011 Aston Martin Rapide
  • LA 2009: Allard J2X MkII
  • LA 2009: 2010 Spyker C8 Aileron Spyder
  • Cornell's SAE Baja buggy tour and test drive
  • 2010 Range Rover Sport Autobiography
  • 2010 Hyundai Tucson
  • LA 2009: 2010 Subaru Impreza WRX STI Special Edition
  • LA 2009: 2011 Ford Mustang V6

AOL Autos

Find Your Next Car

Autoblog Video


Autoblog Green

Daily Finance

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum