How Fiat Chrysler "got smart on pricing" - Dodge Nitro Forum
Chrysler/Dodge/Jeep News Find out the latest scoop here!

 
LinkBack Thread Tools Display Modes
post #1 of 1 (permalink) Old 08-09-2015, 04:39 AM Thread Starter
Super Moderator
 
rickaren's Avatar
 
Join Date: Nov 2006
Location: Indiana
Posts: 22,861
Garage
How Fiat Chrysler "got smart on pricing"

How Fiat Chrysler "got smart on pricing"

08/09/2015

Fiat Chrysler is boosting profit margins by selling more Ram's, Jeep's and Hellcats and cutting dealer discounts, allowing the automaker to close a huge profit margin gap with General Motors and Ford.

Quote:
During the second quarter, Fiat Chrysler earned a pretax profit of $1.4 billion (1.3 billion euros) in North America. That’s more than double the $650 million (595 million euros) it earned during the same period a year ago.

Marchionne delivered on profit margin, too, during the second quarter. The company's profit margin was 7.7% -- up from 4.9% last year.
Quote:
In April, the automaker cut dealer discounts on wholesale pricing.

Dealers now pay 1 percent more for the Chrysler, Dodge, Jeep and Ram vehicles they sell, or about $200 more on a vehicle with a $20,000 invoice. That reduced the spread between the price dealers pay and the sticker price.
Quote:
Fiat Chrysler transaction prices by brand in July compared with last July

Ram: $42,991, up 4.5%

Jeep: $32,718, up 0.4%

Dodge: $30,381, up 8.8%

Chrysler: $29,585, down 5.8%

Fiat: $23,089, up 2.9%
LINK:

Industry average: $32,562, up 1.1%

Rick

Nitro Year: 2007 (1 of 91,815 sold in 07)
Nitro Model: R/T 4X4 Stone White
CAT-BACK Exhaust, CAI, Projector Head Lamps
Fully-Equipped w/all factory options
rickaren is online now  
Sponsored Links
Advertisement
 
Reply

  Dodge Nitro Forum > Dodge Nitro News & Polls > Chrysler/Dodge/Jeep News

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Dodge Nitro Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in











Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Similar Threads
Thread Thread Starter Forum Replies Last Post
" Pink" Chrysler Group LLC Headquarters Tower rickaren Chrysler/Dodge/Jeep News 0 10-02-2013 08:54 AM
Detroit Choir Featured in Chrysler Brand’s "Born of Fire" rickaren Chrysler/Dodge/Jeep News 0 11-13-2012 10:40 AM
Fiat: "Boob Job" Ad rickaren Chrysler/Dodge/Jeep News 0 05-15-2012 06:31 AM
Chrysler stores start adding new "Ram" logo rickaren Chrysler/Dodge/Jeep News 0 01-09-2010 09:38 PM
Chrysler offering "employee" discount to dealership workers rickaren Chrysler/Dodge/Jeep News 0 04-28-2008 07:07 AM

Posting Rules  
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome