NEW YORK – A U.S. auto industry turnaround won’t happen until at least first-quarter 2009, predicts James Press, vice chairman and president of Chrysler LLC. Press tells the media and financial analysts at a conference here held by the Levin Institute that February is shaping up as a tough month. “The rest of the year is going to be below the trend,” he says. “It’s only wishful thinking that the second half will be better. Once we get through the (presidential) election, maybe there ...

Premium Content (PAID Subscription Required)

"Press Says No Industry Turnaround Until 2009; Chrysler Can Maintain Market Share" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.