The Car and Truck Fleet and Leasing Management Magazine

Chrysler's Ram Gamble Pays Off

September 19, 2014

Photo of 2015 Ram 1500 courtesy of Chrysler.
Photo of 2015 Ram 1500 courtesy of Chrysler.

Chrysler's gamble to spin off its pickup truck division at the tail end of the recession has paid off, as the company has increased its market share of the pickup market by 10 percent since creating the Ram Truck division, reports the New York Times.

When Chrysler created the Ram Truck division in 2009, skeptics questioned the company's focus on pickup trucks during a period of contraction of automotive brands and recession. At the time, Ram trucks held an 11 percent share of the full-size pickup market, compared with 42 percent for General Motors and 37 percent for Ford.

Ram pickup trucks now command a 21 percent market share in part due to the unit's increased focus on customer and worker feedback and the addition of features not found on competitive vehicles, such as air suspensions, cargo cameras, eight-speed transmissions, and a diesel engine.

Twitter Facebook Google+

Comments

Please note that comments may be moderated. 
Leave this field empty:
 
 

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Sponsored by

Lester Landau was one of the founding members of the National Association of Fleet Administrators (NAFA) in 1957 while working as the budget director for Picker X-Ray in White Plains, N.Y.

Read more

Lifecycle Costs Analyzer

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Up Next

More From The World's Largest Fleet Publisher