Report: U.S. auto dealers see record sales

Article by Christian Andrei, on March 16, 2012

The U.S. auto dealers who were able to get past the economic crisis in 2008 and 2009 are now experiencing a welcome change in fortunes. One of the lucky ones is Spring Chrysler-Jeep-Dodge-Ram in Houston. The dealership’s general manager, Al Heggs, said that those were truly difficult times wherein sales fell from 300 units to fewer than 135 new cars and trucks.

Spring Chrysler is now earning well but so are the other survivors. Industrywide per-store dealership profit has nearly tripled from 2008. The automakers are reaping record-breaking sales and the highest profits. Since 2008, the number of U.S. dealers has fallen.

This is the result of the reorganizations of Chrysler Group LLC and General Motors Co. and Ford Motor Co.’s restructuring out of bankruptcy. These are now translating to record sales and the highest profit in nearly five years. This permitted dealers to spend more on store renovations and to raise spending on local advertising. He said that the “business” is now in good shape just like has been for the past decades.

John Casesa, senior managing director at Guggenheim Securities LLC, said that the employment at vehicle and parts dealers has been increasing for the last 19 consecutive months, according to the Bureau of Labor Statistics in Washington. As of February, the industry employed about 1.72 million, from 1.61 million in February 2010. Brian Hamilton, principal of Chevrolet-Buick-Cadillac and Chrysler-Dodge-Jeep stores in Kearney, Neb., said that she hired at least 10 new employees recently.

Providing the artistic feel, technological advancements, high-class E-segment sedan features and superiority at a value like no other, the brand new 2011 Chrysler 300 sedan broke the market at the 2011 North American International Auto Show (NAIAS), creating a new era in Chrysler’s already renowned history, while dictating a new standard for the US brand.

The latest 2011 Chrysler 300 sedan represents the spirit of the brand: providing a world-class drive for people, design, and the environment through superb levels of efficiency and quality, style, and modern connectivity.

A Partnership of Detroit Image and Global Craftsmanship

With a reputation strengthened by its sophisticated proportions and attention-grabbing elegance for the last 55 years and counting, the latest 2011 Chrysler 300 provides modern styling with details of design that is previously unseen in the segment. The front features an all-new grille with deeply carved blades that show precision.

The liquid-chrome polish of the blades and the Chrysler signature badge give an exclusive contrast against the finely drawn grille displaying a surround of bright chrome. Lighting the road at night are headlamps with edges that are precisely scalloped. In it are dual-functional projector headlamps that sit beside LED-illuminated running lamps for daytime use which hand-in-hand form a “C” that stands for Chrysler.

The contour of the latest Chrysler 300 provides the unique proportions of the previous model with additional design tweaks for a more refined look. Vivid front-fender forms are on top of the carved hold and are supported by rear-quarter forms that go up the deck lid and then move down the taillamps for a signature shadow no one can miss. Aerodynamics and visibility were developed by pulling back the 300’s windshield by 3 inches. Rolled-framed doors with its slimmer pillars on the other hand have improved visibility by 15 percent more.

Topics: united states, sales

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