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Jeep’s U.S. sales have plummeted 34% from an all-time high of more than 973,000 SUVs sold in 2018 to less than 643,000 units last year. While most auto brands increased sales last year, Jeep was ...
Jeep-Eagle was the name of the automobile sales division created by the Chrysler Corporation after the US$2 billion takeover of American Motors Corporation (AMC) in 1987. The division marketed a variety of vehicles until 1997. The division focused on the commercialisation of Jeep and Eagle brands of vehicles.
After the sale, Barrett-Jackson sued Clabuesch for "outrageous and defamatory actions," including chaining the car's wheels at the auction tent and putting up a sign calling its sale "void". [152] In 2008, Barrett-Jackson announced a settlement in which Clabuesch exonerated the company of all allegations.
Prior to 1940 the term "jeep" had been used as U.S. Army slang for new recruits or vehicles, [10] [11] but the World War II "jeep" that went into production in 1941 specifically tied the name to this light military 4×4, arguably making them the oldest four-wheel drive mass-production vehicles now known as SUVs. [12]
The word "Jeep" was first used to describe US Army "midget cars" in a January 1941 newspaper article, mentioning "Bantam" as the manufacturer. [22] At the time American Bantam was the only manufacturer that had actually fulfilled purchase orders to deliver Jeeps to the US Army. Rumors say "Jeep" is a phonetic pronunciation of the abbreviation GP.
Last month, Nissan announced a plan to cut 9,000 jobs and 20% of its global production capacity after sales plunged in the key China and U.S. markets. Honda also reported worse-than-expected ...
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