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Edstock

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Posts posted by Edstock

  1. by Peter M. DeLorenzo

     

    "Chrysler's "Smoke and Mirrors" marketing finally catches up to them.

     

    Detroit. As predicted here more than seven months ago, Chrysler's festering problems have finally caught up to them. The inventory problem that they've been wrestling with for going on eight months now has turned into a full-blown crisis - after they kept repeatedly insisting that things were under control and that there was only a need for minor "adjustments" before things would be in order. Right. And now, with Chrysler Group sales down 14 percent in May and 3 percent for the year over last year's figures, and with incentive spending at exceedingly high levels, things are starting to get ugly out in Auburn Hills."

     

    (the full article is linked below)

     

    From http://autoextremist.com/page2.shtml

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