Sticker Shock: U.S. Used Car Prices Soar as Nation Tackles Weak Economy and More

Well, it was bound to happen sooner or later. U.S. used car prices are up 30% over June 2010, in some cases besting Kelly Blue Book values by as much as 25%. Trade-ins are also up by 30% since this time last year.

A variety of factors, including an economy still reeling from the Global Financial Crisis, high gas prices and the Tōhoku earthquake, are thought to be responsible for the massive price rise.

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Chrysler’s SRT Team Teases…Next Dodge Viper SRT10 on Facebook

In a very…tongue-in-cheek move, Chrysler’s newly formed Street and Racing Technology (SRT) brand responded to fans asking them on various social media sites what future products are in development by posting this…revealing sketch on its dedicated Facebook page. Here is what Chrysler’s SRT team wrote:

“Like many of you, Twitter user @DaveOrrSales asked for a taste of what's to come at SRT. We dodged death to sneak you this top-secret photo. That's all you get, crew.”

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Viper V10-Powered Chrysler PT 10 Cruiser Pickup Truck for Sale on eBay

Whether you love it or loathe it, Chrysler’s PT Cruiser was a running success for the Detroit automaker and over its ten-year lifespan, we saw countless projects cars and tunes based on the retro-styled compact model. However, ask any true Mopar fan what the ultimate modification is for any Chrysler Group model, and you’ll most likely get the answer an engine swap with the Dodge Viper’s ferocious V10 powerplant.

Here at Carscoop, we’ve shown you plenty of Viper-powered cars ranging from a Chrysler 300 and a Dodge Challenger to a Saab 9-3 and a Jeep Wrangler. Now it’s time to add the Chrysler PT Cruiser to our list of venomous engine swaps with this eBay find.

The PT/10 Cruiser Pickup Truck is said to have been built in 2000. It is based on a custom chassis with power coming from the Viper’s V10 engine churning out 500 ponies. Other goods sourced from the Dodge sports car include the 6-speed transmission, rear suspension, steering rack and seats.

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Chrysler Debuts New Imported from Detroit Commercial Starring Dr. Dre

And the beat goes on for Chrysler's much-talked about Imported from Detroit campaign with the release of the latest spot of the series called “Good Things” starring hip-hop artist, producer, record executive, and occasional actor, Dr. Dre.

The famous rapper is seen driving the 2012 Chrysler 300S sedan through the streets of Los Angeles while showing off his signature Beats by Dr. Dre audio system that is optionally available in the car.

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Toyota Sales Plunge More than 33% in May, Chrysler Group up by 10%

The numbers for U.S. auto sales for the month of May are out and as expected, Japanese automakers continue to be hit hard by the ongoing production disruptions caused by the March 11 earthquake, tsunami and nuclear disaster in their home market. As a result, Toyota’s sales plunged 33.4% over the year-ago month to 108,387 units, while rivaling Honda saw its sales fall 22.5% to 90,773 vehicles, Nissan recorded a 9.1% drop to 76,148 units and Mazda 17,875 vehicles, down 20.9%.

General Motors dealers in the United States delivered 221,192 vehicles in May posting a decline of 1%, while the Ford Motor Co. said its sales decreased by 0.1% to 192,253 cars, trucks and SUVs.

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Fiat Rumored to Bring Bravo Successor to the U.S. Market

The launch of the Fiat 500 in the U.S. market has whetted the Italian company’s appetite, as according to reports, Fiat is now considering the addition of a second model to its North-American range, the successor to the Bravo. As we wrote last month, the next-generation Bravo will take the shape of a small crossover with Fiat looking to emulate the success of Nissan's Qashqai.

The 500's early sales figures have exceeded the firm’s expectations despite initial concerns about relaunching the Fiat brand in the U.S. with such a small car. The partially open-top 500C was added to the range recently, with more powerful Abarth versions to follow in the very near future.

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Chrysler Tones it Down a Notch with its New Imported from Detroit Campaign for the 2011 Town and Country

The refreshed 2011 Town and Country minivan is the point of focus in the latest commercial in Chrysler’s “Imported from Detroit” campaign. The new TV spot is called “The Quiet Ones” and it takes us to Michigan and the state’s 2011 hockey champions, the Novi Wildcats, featuring one of the team members, Mason Pew. Read more »

Lancia Releases More than 70 New Photos of the 2012 Ypsilon

In typical Fiat Group fashion, despite the fact that the new Lancia Ypsilon received its world premiere at the Geneva Motor Show close to three months ago, the company waited until today to release a full gallery of pictures. There are more than 70 photographs showing the Italian supermini mostly in its natural habitat, the city. Along with the new images, Lancia also offered new information on its entry-level model, which will be launched from June in major European markets and from September in the United Kingdom and Ireland, where it will wear the Chrysler logo. Read more »

Chrysler Group Repays US and Canadian Government Loans in Full

The Chrysler Group announced the repay of U.S. and Canadian government loans totaling $7.6 billion (€5.39 billion), more than six years ahead of schedule. More specifically, the Detroit automaker made a payment of $5.9 billion to the U.S. Treasury (UST) and $1.7 billion to Export Development Canada (EDC) to retire the loans granted in June 2009. EDC is the holding company through which the Canadian federal and Ontario provincial governments provided loans to Chrysler Group. Read more »

So Long and Thanks for all the Fish: The Last of San Francisco’s U.S. Dealerships Closes its Doors for Good

Are you in the market for a new car in San Francisco and are considering a product built by America’s Big 2.5? If so, then I have some bad news: the last U.S. domestic automaker dealership has just shut up shop. San Francisco Ford Lincoln Mercury on Van Ness Avenue closed a few weeks ago, leaving some 50 employees out of a job.

Ford Lincoln Mercury presidente Mel Turner told the San Fransisco Chronicle: “We are proud to have served the San Francisco community and will be focusing over the coming weeks on helping employees through this transition and ensuring our current customer commitments are met.”

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