When sales slow, the old business adage dictates that you either cut expenses or raise rates. For the two big boys left in Detroit and the soon-to-be, if not already, sold off Chrysler corp, the latter seems to be the only viable option.
A recent sales droop is causing all three automakers to increase the sticker price on the majority of its models. Granted, the biggest bump is about a half of a percent, but it's still an increase, regardless.
For the General, that inflation amounts to $91, while Chrysler raised its sticker $94. The big bump came from the Blue Oval boys, whose increase amounted to about $146. Granted, all those figures are on a sales-weighted basis.
Automotive News has a full breakdown of each one of the Big 2.5's brands, but Chrysler at $254, Cadillac at $163 and Dodge at $146 showed the biggest increases. Jeep, on the other hand, only saw a jump of $6, while Saturn prices didn't budge an inch.
[Source: Automotive News – Sub. Req.]
A recent sales droop is causing all three automakers to increase the sticker price on the majority of its models. Granted, the biggest bump is about a half of a percent, but it's still an increase, regardless.
For the General, that inflation amounts to $91, while Chrysler raised its sticker $94. The big bump came from the Blue Oval boys, whose increase amounted to about $146. Granted, all those figures are on a sales-weighted basis.
Automotive News has a full breakdown of each one of the Big 2.5's brands, but Chrysler at $254, Cadillac at $163 and Dodge at $146 showed the biggest increases. Jeep, on the other hand, only saw a jump of $6, while Saturn prices didn't budge an inch.
[Source: Automotive News – Sub. Req.]
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