Dodge's arrival in the UK late next year will enable ChryslerJeep dealers to boost volume and profit, according to UK managing director Simon Elliott.
GM, Ford and DaimlerChrysler saw sales decline in 2003 while several import and 'transplant' brands, including Toyota, Honda and BMW, posted record full-year sales.
Dodge will become the Chrysler Group's third brand sold in major markets outside North America, starting with the Viper.
Chrysler and Jeep brands will be arriving in Coventry in the New Year, when the Listers group takes on the franchise, extending its territory from Lincolnshire.
The judge presiding over the case brought against DaimlerChrysler by former Chrysler shareholder Kirk Kerkorian's Tracinda Corp. suspended proceedings yesterday after fresh evidence was discovered by DaimlerChrysler's lawyers. It came from a former Chrysler CFO who had been due to take the witness stand today.
Pathlore Software Corporation and John Matchett Ltd. (JML), Pathlore's European distributor, have announced that DaimlerChrysler UK will use the Ohio firm's learning-management system (LMS) to support the UK retailer network.
PT Cruiser was the model that stirred up interest in the Chrysler brand again.
Smart expects to double UK sales with its forthcoming Forfour supermini. The car goes on sale next September, by which time the company expects to have 76 UK dealers, all of them wholly-owned by DaimlerChrysler UK.
A German media report says the exercise of DaimlerChrysler's option to increase its stake in Hyundai would be seen as hostile action in Korea.
DaimlerChrysler is looking at expanding its Grand Cherokee range with the launch of the next generation model late next year or early 2005.
DaimlerChrysler achieved an operating profit of $1.45 billion (Q3 2002: $1.8 billion) in the third quarter of 2003. Positive earnings from all of the group's divisions, including Chrysler, contributed to this result, but net income shrank to $-1.9 billion, prompting S&P to downgrade DCX's credit rating a notch to 'BBB'.
Tuesday (28 October 2003). The ReMIT Centre for Technical Excellence will have 700 light vehicle technicians and electricians from across the South East of England under training at any one time. The centre will also provide training facilities for manufacturers including Daimler-Chrysler, Ford, Volkswagen, and Ferrari/Maserati.
Rycroft vehicles will open DaimlerChrysler's first multi-franchise site in Newcastle.
Mitsubishi Motors Corporation announced yesterday the development of a Mitsubishi Grandis MPV powered by DaimlerChrysler's FC-System.
Chrysler dealers are to get new- look showrooms and signage as the manufacturer aims to build up its brand reputation in the UK. The new corporate identity sees the traditional blue and white signage replaced by a metallic silver fascia.
US research firm Morgan & Company reports that US new light vehicle sales totalled 1,630,904 in August, down 4.5% from August of 2002 with one less selling day.
DaimlerChrysler has agreed to settle out of court a consolidated class action case relating to the 1998 Daimler-Benz/Chrysler merger that created DaimlerChrysler, subject to a definitive settlement agreement and to Court approval.
Nick Ratcliffe, Head of Corporate Sales for DaimlerChrysler, has been appointed Marketing Director for the Mercedes Car Group. Simon Oldfield, who held the role previously, becomes National Sales Director.
DaimlerChrysler UK Retail has slashed lead times for servicing and repair business in its London territory from five weeks to around three days since taking control of the market area.
DaimlerChrysler UK Retail is targeting turnover of £2bn within the next five years, potentially making it the country's largest dealer group, as it fills in the remaining gaps in its London, Birmingham and Manch-ester market territories.
