Episode 659 - Land of Many CEO's, Used Car Prices Rise, New Mercedes ML Class

Published: June 8, 2011, 5:35 p.m.

Chrysler shuffles its deck of brand CEOs as Ralph Gilles is appointed CEO of the Street Racing Technology group while Fred Diaz will become CEO at Chrysler de Mexico. Popularity and prices of used cars are on the rise both in the United States and in Spain, helped by shortages of new cars and higher prices. Ford set a goal yesterday to increase its global sales 50 percent by 2015 largely through increased sales in Africa and Asia. All that and more, plus the third installment of the Race to Replace Mulally.