ABOUT BIZ WAVES

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at dailybreeze.com


Subscribe to RSS feed

Recent Comments

Categories

Powered by
Movable Type 4.1

« South Bay Company Sells X-ray Machines for US Airports | Main | Teachers: Apply for Northrop's Weightless Flights »

Offer: $2.99/Gallon of Gas for 3 Years

The catch is you have to buy or lease a Chrysler.


Chrysler offers $2.99 for a gallon of gas

(Chicago Tribune) DETROIT - As gasoline tops $4 per gallon in some areas and crude oil spikes to new records, no major automaker has been hit harder than Chrysler LLC.

The No. 4 U.S. auto seller still relies on trucks and sport utility vehicles for 70 percent of its sales, and buyers are shunning more fuel-efficient models it has introduced in the past few years.

With sales down 23 percent in April and nearly 18 percent for the first four months of the year, the Auburn Hills company on Monday night tried to pull some buyers back. The maker of Chrysler, Dodge and Jeep vehicles announced an offer that caps the price of gasoline at $2.99 a gallon for three years for people who buy or lease new vehicles from Wednesday through June 2.

The offer covers most of its models and is based on 12,000 miles of driving per year and the vehicle's government fuel economy rating. Customers will get a card for buying gas that is linked to their own charge account, Chrysler said. The customer will be billed $2.99 a gallon, and Chrysler will pay the rest.


Read the full story.

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)


Copyright Notice | Privacy Policy | Information
For more local Southern California news:
Copyright © 2007 Los Angeles Newspaper Group