04.04.2010 CHRYSLER GROUP BEATS A RISING CANADIAN MARKET DURING MARCH

CHRYSLER TOWN&COUNTRY

Chrysler Group has turned in a strong month in Canada with 19,470 units sold in March, an increase of 22.2 percent over the same month in 2009 and a performance that comfortably beat the overall market. It was a somewhat mixed result though as Chrysler Group car sales slumped 18.6 percent during the month, while truck sales were the driving force behind the surge, they climbed by 34.2 percent. Two of the top five-selling nameplates in Canada last month were Chrysler Canada vehicles: the Dodge Grand Caravan and the Ram pickup.

In total 145,428 vehicles were sold in Canada last month, up 14.1 percent year-on-year. The market leader, Ford, sold 22,018 vehicles in March up 29.1 percent year-on-year while Toyota was up 24.5 percent to 19,792 vehicles, just pipping Chrysler despite the recall issues. Chrysler Group however outsold its other Detroit rival GM which suffered a dreadful month, it saw its market share slump 22.2 percent year-on-year to 19,433 vehicles.

For the fourth consecutive month, Chrysler Canada retail sales posted an increase of greater than 20 percent, with March retail sales gaining 36 percent for the month. "We made more records in March than Motown has in the last 10 years," said Reid Bigland, President and CEO of Chrysler Canada. "Our Ram Trucks, Dodge Grand Caravan, Dodge Journey and legendary Jeep Wrangler were all big hits last month, posting record sales."

Sales of the Ram Heavy Duty pickup helped propel the Ram Truck to its best March ever, with a gain of 101 per cent on sales of 4,841 units. "Pickup trucks are the second most popular vehicles in Canada," said Dave Buckingham, Vice President of Sales, Chrysler Canada. "It's no surprise that with Motor Trend's 2010 Truck of the Year in our corner, our Ram sales more than doubled in March over last year."

Canada's best selling selling crossover, the Dodge Journey, posted an all-time sales record in March after its sales rose 66 per cent on 2,239 units sold. An all-time record for the month of March was also posted by the Jeep Wrangler with 1,160 units sold, an increase of 81 percent compared with March 2009. The Dodge Grand Caravan and Chrysler Town & Country continued their strong sales performance with combined sales up 43 percent (5,774 units), also an all-time high for the month of March. Better than eight out of every ten Canadian minivan shoppers chose a Chrysler minivan in March.

For the month of April, Chrysler Canada is launching the all-new incentive program "Why Canada Drives Chrysler, Jeep, Dodge and Ram Vehicles." with Canadians encouraged to visit one of the company's 440 dealerships. In addition, during this exclusive one-month promotion, customers will be eligible for $500 in "Why Canada Drives" Bonus Cash towards the purchase of virtually any new Chrysler, Jeep, Dodge or Ram model. Customers will also be eligible for up to $7,500 in Consumer Cash Discounts on nearly every Chrysler, Jeep, Dodge and Ram vehicle. In addition, Canadians can also receive $1,000 in Jeep Bonus Cash, providing customers even further value on the Jeep lineup, including the Jeep Patriot, Jeep Compass, Jeep Wrangler and Wrangler Unlimited, Jeep Liberty, Jeep Commander and Jeep Grand Cherokee. In an effort to shift its mostly-aging range, Chrysler Canada continues to offer some of the most generous finance options in the industry, which are combinable with all retail discounts: the industry-first variable prime rate of 2.25 percent up to 84 months or zero percent up to 36 months on nearly every 2010 Chrysler, Jeep, Dodge, and Ram vehicle.
 

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