The Spaghettification of Chrysler: June Sales Down 36%
Spaghettification as named by Stephen Hawking is the extreme stretching of objects into its components by a extreme gravity field, to the point of becoming but a thin strand of elementary particles. As forecast by Chrysler plant cutback and closing yesterday, the maker most dependent on minivan and truck sales is definitely getting the stretch this June, with sales down 36 percent (unadjusted). Surprisingly, car sales dropped even further, down a whopping 49 percent. Grand Caravan sales are a bit of bright spot: up 52 percent. But GC sales are still down 27 percent year-to-date, warranting the closure of the St. Louis plant.. Not surprisingly, the outgoing Ram is down 48 percent, The Caliber and Compass took hits of 44 percent and 39 percent respectively, the complete opposite of just about every other manufacturer's small car lineup. The press release contained paragraphs of spin, announcing that the $2.99/gallon fuel promotion will continue through the end of the month. Frankly, there's no escaping this gravitational sinkhole.
Click here for Chrysler's Press Release, which uses sales adjusted numbers.
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They need a small sedan. The Caliber would be selling like the Focus and Cobalt if it had a trunk.
Ouch! 36%, what is even worse is they have nothing new that is fuel efficient!! No Prius or Corolla fighter, No Civic or Fit fighter, No Versa fighter, No Focus fighter.....wait they have the new all powerful Hemi Challenger and RAM!! LOL
MikeInCanada- government run healthcare