November 04, 2014

Chrysler Group LLC reports October 2014 US sales increased 22 per cent

Chrysler Group LLC reported US sales of 170,480 units, a 22 per cent increase compared with sales in October 2013 (140,083 units), and the group's best October sales since 2001.

The Chrysler, Jeep, Ram Truck and Fiat brands each posted year-over-year sales
gains in October compared with the same month a year ago. The Jeep brand's 52 per cent increase was the largest sales gain of any Chrysler Group brand and the brand's best ever sales in the month of October. The group extended its streak of year-over-year sales gains to 55-consecutive months.

"Chrysler Group sales increased 22 per cent in October, our eighth month of double-digit growth this year and our 55th-consecutive month of year-over-year sales gains," said Reid Bigland, Head of US Sales. "Chrysler Group is the industry's fastest-growing automaker driven in part by sales of our all-new Jeep Cherokee and Chrysler 200 mid-size sedan, and by the strong consumer demand for our award-winning Ram pickup trucks."

Nine Chrysler Group vehicles recorded their best ever October sales, including the all-new Jeep Cherokee, Jeep Wrangler, Chrysler 200, Dodge Challenger, and Dodge Dart compact car. Sales of the 200 mid-size sedan were up 40 per cent compared with the same month a year ago. The Jeep and Ram Truck brands recorded the largest percentage sales gains of Chrysler Group brands in October.

Chrysler Group finished the month of October with a 84 days supply of inventory (530,338 units). US industry sales figures for October are internally projected at an estimated 16.9-million units Seasonally Adjusted Annual Rate (SAAR).


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