Ford plans to cut truck mix to 38% July 25, 2008, 5:33 pm EDT Ford Motor Co. plans to reduce its truck mix from more than half its North American sales in 2007 to 38 percent by 2013. Ford's pickups and SUVs made up 52 percent of the company's volume last year.
Chrysler plans to exit leasing business on Aug. 1 July 25, 2008, 4:18 pm EDT Chrysler Financial, the finance arm of Chrysler Holding LLC, will get out of the leasing business, the company said today. "We are shifting our strategy to focus on retail products," said spokesman Bill Porter. "Effective Aug.
Dealers: Chrysler plans to exit leasing business July 25, 2008, 4:00 pm EDT Chrysler Financial, the finance arm of Chrysler Holding LLC, will get out of the leasing business, according to two dealers who have been informed by company representatives. An announcement on the change was expected to be made during a 3:30 p.m.