Chrysler Group Sales Continue to Improve

Cars.co.za

17 Feb 2010

Chrysler Group Sales Continue to Improve

Chrysler Group sales are on the up and January continues the trend of increasing market share for the company, following two consecutive quarters of improvement to end 2009.

Chrysler Group Sales Summary

• Dodge Brand sales up versus the same time period last year

• Dodge Journey year-over-year sales climb for the third month in a row

• Jeep Compass, Jeep Grand Cherokee and Jeep Commander all post year-over-year sales improvements

• Chrysler Town & Country minivan sales increase 6 percent compared with January 2009

• Ten Chrysler, Jeep® and Dodge vehicles post year-over-year sales gains

Chrysler Group Sales shows steady growth

Chrysler Group LLC today announced January U.S. sales data continues to show improvement, following two quarters of increasing share. The popular Dodge Journey, which in 2010 delivers more excitement, functionality and value, posted year-over-year gains for the third consecutive month. In addition, the Jeep® brand saw half of its line-up improve sales year-over-year, reinforcing the Jeep brand’s heritage as the authentic SUV with class-leading capability, craftsmanship and versatility for people who seek extraordinary journeys.

“The company continues to make positive strides each month and that trend continued in January,” said Fred Diaz, President and Chief Executive Officer–Ram Brand and Lead Executive for the Sales Organization, Chrysler Group LLC. “With refreshed products and all-new models hitting the marketplace this year, Chrysler Group employees and dealers are excited to share with consumers all the good things happening in 2010.”

Chrysler Group sales (US) for January totalled 57,143 units. U.S. sales decreased 8 percent compared with the same period last year (62,157 units). Inventory (172,803 units) is down 52 percent compared with January 2009 (359,980 units), representing a 73-day supply. Overall industry figures for January are projected to come in at an estimated 10.9 million SAAR.

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