Chrysler Group LLC
has today announced a new incentive scheme, Double CA$H
for Your Old Car, that can save consumers up to $9,000
toward the purchase of a new Chrysler, Jeep or Dodge
vehicle.
“Everyone shopping
for a new car or truck qualifies for an incentive of up to
US$4,500 – even if they don’t have a vehicle that qualifies
under the U.S. Government’s program,” said Steven Beahm,
Vice President – Sales Operations, Chrysler Group LLC. “This
incentive is great in that it’s easy to understand and
available to everyone.”
Beginning from
today (July 23) Chrysler Group LLC will offer up to $4,500
Consumer Cash or 0 percent financing for 72 months through
GMAC Financial Services on most 2009 model vehicles. These
incentives are valid through August 31, 2009.
Today also marks
the start of the U.S. Government’s Car Allowance Rebate
Systems (CARS) program, more commonly known as “cash for
clunkers.” The CARS program offers a government credit of
either US$3,500 or US$4,500 for trading in an inefficient
vehicle that is not more than 25 years old for the purchase
of a new vehicle. The amount of the credit is determined
based on the fuel-economy improvement between the turn-in
vehicle and the new vehicle purchased.
“The
administration’s program is aimed at getting less
fuel-efficient vehicles off the road, and for vehicles that
meet the requirements, offers a great incentive to do so,”
Beahm said. “But we didn’t want consumers without qualifying
vehicles to feel left out so we are offering up to US$4,500
to everyone.” Chrysler Group offers consumers 35 Chrysler,
Jeep and Dodge vehicles from which to choose at almost 2,400
Chrysler, Jeep and Dodge dealerships located across the
United States.
Chrysler Group LLC was formed in 2009 from a global
strategic alliance with Fiat Group, produces Chrysler, Jeep,
Dodge, Mopar and Global Electric Motors (GEM) brand vehicles
and products. With the resources, technology and worldwide
distribution network required to compete on a global scale,
the alliance builds on Chrysler’s culture of innovation –
first established by Walter P. Chrysler in 1925 – and Fiat’s
complementary technology – from a company whose heritage
dates back to 1899. Headquartered in Auburn Hills, Mich.,
Chrysler Group LLC’s product lineup features some of the
world's most recognisable vehicles, including the Chrysler
300, Jeep Wrangler and Dodge Ram. Fiat will contribute
world-class technology, platforms and powertrains for small-
and medium-sized cars, allowing Chrysler Group to offer an
expanded product line, including environmentally friendly
vehicles.
