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Friday, January 05, 2007

Chrysler Catching up On Inventory Glut

Chrysler Corporation has been fighting all year to push more than a 100,000 extra cars and trucks through its channels this year.  That's all extra that dealers did not want. Chrysler was forced to offer many incentives to move the products.  They aren't out of the woods yet, but getting but they have made significant progress.

They are also hoping to double their international sales from 200k vehicles up to 400k in vehicles.  The majority of their sales are currently in the Nafta region.  Canada sales were greater than sales in the rest of the world all together excluding the US.

If they could increase sales abroad that could help them diffuse future supply gluts such as those they experienced this summer.