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On Wednesday, Chrysler told its dealerships that it will be increasing the sticker price of its 2009 models by an average of $500. Shipping costs are also being raised by about $50 per vehicle, which could very well have something to do with the price of fuel. While this may seem like odd timing for a price increase considering the well-covered sales slump from which all auto manufacturers (yes, we truly do mean all auto manufacturers) are suffering, some dealership owners are commending Chrysler for holding the line on pricing for as long as it has. Cross-town rivals General Motors and Ford have already increased their prices, and both of their increases were for higher amounts. Thus, it was only a matter of time before Chrysler followed suit. Still, with the sagging economy and current credit crunch, the news isn't likely to help sales any.

[Source: Automotive News - sub. req'd]

Chrysler to raise 2009 prices by an average of $500 originally appeared on Autoblog on Fri, 03 Oct 2008 07:58:00 EST. Please see our terms for use of feeds.

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It's hard to think of a way to make the Chrysler Sebring or Jeep Compass even less attractive, but a 2% price increase is a good start. It's not like Chrysler has control over the price of commodities, which is part of what's driving the increase that begins June 16th. Dealers will have to cough up extra cash the next time they replenish their inventories, but whatever's already on the lot will be unaffected. Chrysler's Stuart Schorr contends that the price bump brings Chrysler in line with its competitors. Unfortunately, Chrysler's product lags even the domestic competition, so price parity for a lesser vehicle is hard to swallow. If anything, the poor schmo who looks at the horrid interior materials in a Patriot and still buys the darn thing deserves something besides a handshake from an adversarial salesperson.

[Source: Automotive News - sub req]

Show them the money: Chrysler raises '08 prices by 2% originally appeared on Autoblog on Sun, 15 Jun 2008 17:04:00 EST. Please see our terms for use of feeds.

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