The Toyota Camry and the Honda Civic, the top-selling mid-size and compact cars in the U.S., face risks of reduced production as inventories of the models rise, an RBC Capital Markets report said.
Toyota’s Camry exceeded its seasonal historical average inventory by more than 15 days supply in June and Honda carried about 25 days more Civics than usual, Joseph Spak, a New York-based analyst for RBC, said in today’s report. Camry and Civic were the only models identified as at risk for reduced output among 16 of the top-selling vehicles in the U.S. market. General Motors Co., Ford Motor Co. and Chrysler Group LLC all added U.S. market share in the first six months of 2013, the first time that all three gained first-half share in 20 years. Models such as GM’s Chevrolet Cruze compact and Ford’s Fusion mid-size sedan, leading Detroit’s most competitive set of passenger cars in
Fiat today exercised an option to raise its stake in Chrysler by 3.3 percent.
The move is part of CEO Sergio Marchionne’s step-by-step purchases intended to lead to full control of Chrysler and the creation of a merged company that would be able to compete better with industry leaders Toyota, General Motors and Volkswagen.
Fiat has been exercising options since mid-2012 to buy holdings of about 3.3 percent from the VEBA, a medical-benefits trust for the U.S. carmaker’s retirees.
Including today’s purchase, Fiat has exercised three of its six-monthly options, increasing its stake to 68.49 percent.
Fiat has said it wants full control of Chrysler, which would give it access to some of Chrysler’s cash flow for investments in new models.
Chrysler has become Fiat’s most reliable profit generator as the Italian company struggles to end losses in Europe that totaled 704 million euros ($903 million) in 2012 amid a
Patagonia Motorcycles is owned and operated by genuine motorcycle enthusiasts. Originally started out of a garage, Patagonia has seen its inventory grow to over 200 used bikes. Our success has been thru the many local customers we have established over the years and our efforts to continue to earn that loyalty.
Financing All Credit Tiers
How does financing work? We work with multiple lenders who offer financing for all credit ratings. Zero credit, good credit – we have options for everyone. To find out your terms, you can fill out an application on our website. After the application is received, our financing team reviews your app and sends to the lender they think will provide you the best options.
The minimum down payment is determined by the lender. The biggest factors which determine your downpayment are: The NADA value of the bike – as well as the credit tier the underwriter determines you to be in. To find out your down payment, fill out our online application to learn your options.