Following in the footsteps of rival General Motors, Chrysler Group is adding content and lowering sticker prices on its new 2008 minivans. The strategy is to move the MSRP closer to the transaction price, allowing the automaker to lower incentives. In the face of declining sales, GM and Ford have abandoned the segment and are switching to crossover vehicles.
With automakers taking control of inventories and the country enjoying a steady economy, Manheim economist Tom Webb characterizes the used-vehicle market as strong and stable. He also sees current incentives as having little impact on wholesale prices.
American Trucking Association elite professional truck drivers team up to provide safe driving education for all motorists
The Insurance Institute for Highway Safety has concluded a performance study of SUVs, pickups and minivans when involved in a rear-end crash. Fifty-four received the Institute's lowest rating of marginal or poor. The test involved 87 models in a simulated crash at 20 mpg. Only 21 received the highest rating of good.