DETROIT -- The Chrysler group has raised 2005 prices for the third time. Automotive News finds that the increase averages $214 when spread over the full line of Chrysler brand cars and trucks, Dodge cars and trucks and Jeep SUVs.
By brands, the latest hikes are Chrysler, $25; Jeep, $28; and Dodge $390. The Dodge figure is high because Ram and Dakota pickups and the Durango SUV are folded into the mix for the first time. Automotive News hadn't received 2005 prices for those nameplates before last week.
Dakota pickups held steady on a sales-weighted basis; Ram pickups climbed $217; Durangos advanced a sales-weighted average of $103.
Also contributing to the Dodge boost was a $500 hike on the Magnum station wagon.
For the 2005 model year to date, Automotive News estimates that Chrysler group prices have risen an average of $170, or 0.6 percent. The group was on the minus side before the latest action.
Earlier, massive reductions ($1,000 to $4,000) on the Chrysler PT Cruiser and the Jeep Grand Cherokee and the lack of some Dodge prices had held the group's 2005 model prices below the final 2004 stickers.
All figures in this report are sales-weighted, but they are not adjusted for additions or deletions of standard equipment.
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