02.09.2010 CHRYSLER GROUP BUCKS THE U.S. MARKET TO POST SALES INCREASE DURING AUGUST

JEEP GRAND CHEROKEE 2011

The Jeep Brand posted a 17 percent year-over-year increase in August. The new Grand Cherokee (above) contributed to the increase as its August sales more than doubled sales in July although the model's year-on-year sales were down 17 percent.

Chrysler Group has just reported U.S. sales of 99,611 units during August, a 7 percent year-on-year increase (August 2009 saw 93,222 unit sales) and it meant that it was the only one of the big carmakers on this market not to lose ground during what turned out to be a tough month. Chrysler Group's main rivals all slipped: fellow Chapter 11 inductee GM lost 25 percent year-on-year by comparison while Toyota was down 34 percent and Ford shed 11 percent. However Chrysler Group is heavily dependent on less-profitable fleet and rental sales to achieve its volumes and, unlike GM, it doesn't breakdown figures meaning that its data has to be taken as distorted.

August thus represents the fifth consecutive month of year-over-year sales increases for Chrysler Group, now 20 percent owned by Fiat Group, and it also breaks through CEO Sergio Marchionne's self-imposed "survival barrier" target of 95,000 units a month. Chrysler Group's August sales also were up 7 percent over its sales in July.

“Chrysler Group is proud that we have beaten or matched the average industry sales increase for the fifth consecutive month this year and for the calendar year to date,” said Fred Diaz, President and Chief Executive Officer – Ram Truck Brand and Lead Executive for U.S. Sales. “This is proof positive that we are accomplishing our goals – steady, sustainable growth. We will continue to build on this momentum as we begin production on a stream of new product through the end of this year.”

Chrysler Group in August began building the mildly improved Jeep Wrangler in Toledo and released the first photos of the forthcoming Dodge Durango SUV, the first variant to be spun off the Jeep Grand Cherokee platform. Both Wrangler and Durango are part of the sixteen all new or refreshed vehicles that Chrysler Group is launching this year, representing 75 percent of its vehicle lineup. Chrysler Group finished the month with a 50-day supply of inventory (197,987 units). U.S. industry sales figures for August are projected at an estimated 11.5 SAAR.

Chrysler Group August 2010 U.S. Sales Highlights

Jeep

The Jeep Brand posted a 17 percent year-over-year increase in August. The new Grand Cherokee contributed to the increase as its August sales more than doubled sales in July although the model's year-on-year sales were down 17 percent. The Wrangler, the brand’s volume leader, increased year-over-year sales 37 percent. Building on that momentum, the Model Year 2011 Wrangler offers a mildly refreshed nterior that aims to deliver delivers much-needed improvements in comfort, convenience and versatility. In addition, Sahara models now feature a new body-colour hard top for customers looking for a Wrangler with a more premium appearance. Production of the 2011 Wranglers began in mid August at the Toledo Assembly Complex in Toledo, Ohio and will arrive in dealerships in greater volume this month. The Liberty, Compass and Patriot all had a strong August as each model had double-digit percentage sales increases although the Commander lost 74 percent year-on-year.

Ram Truck

Ram Truck Brand posted a 5 percent sales increase in August, compared with the same month in 2009. Ram pickup truck sales increased 8 percent in August, with Quad Cab and Crew Cab the most popular choices and this was important good news for the brand as its new pickup range has struggled to impress customers so far. Ram Heavy Duty sales were up 48 percent in August, with the Crew Cab and Quad Cab models leading sales. Dodge Dakota sales were up 55 percent in August. The Ram Truck Brand introduced in August the Ram Outdoorsman, a new feature package designed for North American outdoor enthusiasts. Ram Outdoorsman takes all of the features most useful to hunters, fishermen, campers and boaters, and packages them into one model. The Outdoorsman aims to combine convenience, off-road capability and trailer towing hardware in one package.

Dodge

Dodge Brand posted a 8 percent sales increase in August, compared with the same month in 2009. Six of eight Dodge models posted sales increases in August, although the Journey (-13 percent) and Caravan (-21 percent) both slid. The Challenger sales were up 190 percent year-on-year and the Challenger got a boost from its first win in the NASCAR Nationwide Series racing at Michigan International Speedway. The Challenger name returned to NASCAR competition in July after more than a 30-year absence. The Caliber and Avenger each posted double-digit percentage sales increases in August. The Nitro’s three new lifestyle-targeted models – the Detonator, Heat and Shock – attracted customers as the model's sales increased 66 percent in August. Dodge in August revealed teaser images that highlight design characteristics of its forthcoming 2011 Dodge Durango SUV while the brand also announced the new Charger Pursuit high-performance police vehicle, which can be ordered this month through Chrysler Group’s fleet operations.

Chrysler

Chrysler was the only laggard amongst the four members of the Chrysler Group brand portfolio, its sales slipped 4 percent year-on-year during August. The brand's biggest volume seller, the Town & Country minivan, posted a sales increase of 26 percent in August continuing the year-over-year sales increases it has posted during each month this year. Chrysler Group also hit a significant milestone during August: the company that invented the minivan 27 years ago sold its thirteen millionth minivan worldwide. The very first minivan rolled off the line at Windsor Assembly Plant in Windsor, Ontario, on November 2, 1983. The current platform is the fifth generation, and is sold in more than 80 countries worldwide. Combined, Chrysler's Town & Country and Dodge's Grand Caravan remain the leaders in the segment. The Sebring sedan and convertible sales were up a combined 79 percent versus the same month last year during August while the flagship 300 series lost almost a third of its sales and the outgoing PT Cruiser was down 74 percent.
 
Chrysler Group U.S. Sales: August 2010
        Month Sales Vol %       Sales CYTD Vol %
Model Curr Yr Pr Yr Change Curr Yr Pr Yr Change
Sebring

4,498

2,514

79%

28,955

15,980

81%

300

2,991

4,320

-31%

26,150

25,911

1%

Crossfire

0

17

-100%

0

372

-100%

PT Cruiser

976

3,819

-74%

7,128

16,502

-57%

Aspen

0

344

-100%

30

5,709

-99%

Pacifica

0

75

-100%

0

1,910

-100%

Town & Country

9,472

7,530

26%

78,492

58,104

35%

CHRYSLER BRAND

17,937

18,619

-4%

140,755

124,488

13%

Compass

1,909

1,426

34%

13,219

9,924

33%

Patriot

4,143

2,637

57%

24,827

24,219

3%

Wrangler

7,666

5,613

37%

63,858

59,043

8%

Liberty

5,247

3,359

56%

32,324

29,938

8%

Grand Cherokee

6,393

7,679

-17%

37,262

34,289

9%

Commander

348

1,327

-74%

7,453

7,352

1%

JEEP BRAND

25,706

22,041

17%

178,943

164,765

9%

Caliber

5,347

4,039

32%

31,832

29,160

9%

Avenger

4,582

4,118

11%

36,680

24,472

50%

Charger

6,586

6,479

2%

58,391

38,603

51%

Challenger

3,283

1,132

190%

24,644

17,100

44%

Viper

54

19

184%

264

348

-24%

Magnum

0

0

0%

0

113

-100%

Journey

3,756

4,739

-21%

34,157

34,853

-2%

Caravan

9,219

10,648

-13%

66,897

60,800

10%

Nitro

2,505

1,510

66%

13,801

12,510

10%

Durango

32

194

-84%

78

3,254

-98%

DODGE BRAND

35,364

32,878

8%

266,744

221,213

21%

Dakota

1,583

1,022

55%

9,450

8,495

11%

Ram (pick-up)

18,995

17,514

8%

124,002

129,753

-4%

Sprinter

26

1,148

-98%

246

4,605

-95%

RAM BRAND

20,604

19,684

5%

133,698

142,853

-6%

TOTAL DODGE

55,968

52,562

6%

400,442

364,066

10%

     
TOTAL CHRYSLER GROUP LLC

99,611

93,222

7%

720,140

653,319

10%

     

TOTAL CAR

27,341

22,638

21%

206,916

152,061

36%

TOTAL TRUCK

72,270

70,584

2%

513,224

501,258

2%

Selling Days

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