Chrysler Group LLC reports increase of 12 per cent in August US sales

Chrysler Group LLC reported US sales of 165,552 units, a 12 per cent increase compared with sales in August 2012 (148,472 units), and the group's best August sales since 2007.

The Chrysler, Jeep, Dodge, Ram Truck and Fiat brands each posted year-over-year sales
gains in August compared with the same month a year ago. The Ram Truck brand's 29 per cent increase was the largest sales gain of any Chrysler Group brand during the month. Chrysler Group extended its streak of year-over-year sales gains to 41-consecutive months in August.

"Last month we achieved our strongest retail sales in the past 60 months," said Reid Bigland, Head of US Sales. "All aspects of our business continue to improve as evidenced by our streak of 41-consecutive months of year-over-year sales gains."

Chrysler Group finished the month with a 62-days supply of inventory (364,641 units). US industry sales figures for August are projected at an estimated 16.1-million units Seasonally Adjusted Annual Rate (SAAR).

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