Chrysler to boost truck sales with new Ram.Byline: Detroit (Image: chrysler.gif ) Chrysler on Friday launched its redesigned Dodge Ram
The Ram is a full-size pickup truck from Chrysler LLC's Dodge brand. The name was first used in 1981 on the redesigned Ram and Power Ram, though it came from the hood ornament used on full-size pickup Pickup A gain in yield made by selling one bond and buying another. Also referred to as "yield pickup." Notes: When the present yield is relatively low compared to the longer-term yields, pickups will be done by investors trying to increase the yield and duration of their truck, a vehicle that is expected to help the automaker ride out a deep downturn in the US auto market. The 2009 model-year truck, which will go up against market leading models from larger rivals Ford Motor Co and General Motors Corp, comes as US truck sales are falling and the overall vehicle demand is at 15-year lows. Still, Chrysler executives The Chrysler Executive was a car offered by the American automobile producer Chrysler from 1983 through 1986. The Executive was a stretched version of the Chrysler LeBaron aimed at the then booming market segment of limousines. hope the new model - which boasts of more storage space and has improved fuel economy - will boost its share of the US truck market. Chrysler vice chairman and president Jim Press James E. Press, is currently Vice Chairman and President of Chrysler LLC as of September 17, 2007. A former president of Toyota Motor North America, he was the first non-Japanese member of Toyota’s board of directors. He joined Toyota Motor Corporation in 1970. told reporters he "anticipates sales growth" with the new model. "We really feel the timing is good," Press said. "It's a huge market. There is pent-up demand." Press said that even though truck sales have fallen in recent months, more than 160,000 pickup trucks are sold every month in the US market. Chrysler aims to take more of that market. A slumping US economy and high gas prices have prompted consumers to shift toward more fuel-efficient smaller cars and crossovers and away from large trucks and SUVs. Sales of pickup trucks dropped about 19 percent through August, outpacing the 11 percent decline in the overall vehicle market, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Autodata Corp. Ford delayed the long-awaited launch of its top-selling F-150 pickup truck to sell down inventory of current models. Ford expects to launch the new F-Series in late fall. Chrysler sales are down 24 percent so far this year while its truck sales have declined 26 percent, hurt by a combination of an aging model, high gas prices and uncertain US economy. The redesigned truck "is by far the most important launch we are going to have this year for the company," Press said. Dodge has about 16 percent of the truck market, behind Ford and GM, but ahead of Toyota Motor Corp's Tundra tundra (tŭn`drə), treeless plains of N North America and N Eurasia, lying principally along the Arctic Circle, on the coasts and islands of the Arctic Ocean, and to the north of the coniferous forest belt. pickup truck. The new Ram truck base model starts from $22,170, but the price could increase to over $40,000 for more advanced models and additional features. Press said there would be minimal incentives on the new truck. Chrysler, long lauded for cramming The unauthorized addition of services to your telephone bill such as an 800 number that you never ordered. The charges are usually noted on the bill, but are identified in a cryptic manner and/or are printed in a place that is easy to overlook. See slamming. more storage space into its top-selling minivans, used the same concept in the Ram. The new Ram, aimed at work crews who need to lock up their tools and other equipment, features weatherproof and lockable storage compartments In developmental biology, compartments are fields of cells of distinct cell lineage, cell affinity, and genetic identity. In a developing organ, all cells within a compartment possess similar affinities, and so intermingle with each other. integrated into both fender sides. Various technological advances have improved fuel economy in the new model by 10 percent to 20 percent over the current version. The current Dodge Ram gets about 13 miles per gallon Noun 1. miles per gallon - the distance traveled in a vehicle powered by one gallon of gasoline or diesel fuel unit, unit of measurement - any division of quantity accepted as a standard of measurement or exchange; "the dollar is the United States unit of in the city and 17 on the highway, the company said. Chrysler plans to offer light-duty diesel and two-mode hybrid versions of the Ram in the next couple of years, officials said. - Reuters Copyright 2008 www.tradearabia.com Copyright 2008 Al Hilal Publishing & Marketing Group Provided by Syndigate.info an Albawaba.com company |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion