02.06.2011 CHRYSLER GROUP COMFORTABLY OUTPERFORMS U.S. MARKET DURING MAY

JEEP COMPASS 2011

The refreshed Jeep Compass (above), now with "trail rated" 4x4 capability, saw its sales rise 90 percent year-on-year last month while the Grande Cherokee (+192 percent) and Patriot (+80 percent) also provided the off road brand with much momentum.

The Chrysler Group has reported U.S. sales of 115,363 for May, a 10.1 percent year-on-year increase driven almost exclusively by the Jeep brand (+55 percent) as Chrysler (-21 percent) and Dodge (-5 percent) fell and Ram rose 13 percent. In May the Chrysler Group sold 104,819 units while last month was also its best May sales performance since 2008.

The U.S. market fell 3.7 percent last month, partly due to a slowdown in sales from the leading Japanese brands which are being hit by component supply shortages. Chrysler (+10.1 percent) and Hyundai (+20.7 percent) were the market's only big winners while the Chrysler Group's Detroit rivals were both in negative territory: Ford (-1 percent) and GM (-1.2 percent). The key Japanese carmakers all lost significant ground: Toyota (-33 percent), Honda (-23 percent) and Nissan (-9.1 percent). The Chrysler Group took a 10.9 percent share of the market for the month which in fact put it ahead of Toyota (10.2 percent).

Sales of the refreshed Chrysler 200/Sebring were up 154 percent year-on-year in May, albeit to just over seven thousand units, while the newly facelifted 300 however continues to lose ground, it was down 1,000 units and 28 percent year-on-year. Also pushing down the Chrysler brand's 21 percent year-on-year fall was the refreshed Town & Country with its sales dropping by a half year-on-year. However in a small boost to the Chrysler brand, in May it was named “Top Popular Brand” in AutoPacific’s 15th annual Vehicle Satisfaction Awards, and the Town & Country took the top spot in the “Minivan” category. AutoPacific’s Vehicle Satisfaction Award measures how satisfied an owner is with his or her new vehicle.

The Jeep division led the way in year-on-year terms during May with its sales up by more than 12,000 units on last May, a rise of 55 percent. Its top performer, as ever, was the Grand Cherokee (+192 percent). The Grand Cherokee won AutoPacific’s Vehicle Satisfaction Award in the “Premium Mid-size SUV” category. The refreshed Compass, now with "trail rated" 4x4 capability (+90 percent) and Patriot (+80 percent) also provided much momentum.

Dodge fell 5 percent and two thousand units during May. The Durango SUV's 4,358 units counterbalanced a decline in sales across almost all its range as only the Nito was up, after posting just over a hundred unit gain, and the Caravan was flat. The recently refreshed Avenger, Charger and Journey all posted year-on-year falls for May. The latter was was the winner last month of the 2011 “Family Car of Texas” award. The Texas Auto Writers Association (TAWA) handed over the prize after more than 50 journalists had the chance to get behind the wheel and drive the Journey at the group’s annual Spring Roundup at the Texas Motor Speedway in Fort Worth.

The Ram brand was up by 13 percent to 21,467 units in May, led by the Ram pick up which gained 16 percent and three thousand sales year-on-year. The newly relaunched Fiat brand added 1,759 units last month in the U.S. to continue to positive impact on the Chrysler Group's overall volumes although sales of the 500 supermini still remain far below initial targets as the national roll out stutters into life.

“Chrysler Group just posted its 14th consecutive month of year-over-year sales gains, confirmation that our 2011 models continue to resonate with consumers,” said Fred Diaz, President and CEO – Ram Truck Brand and Lead Executive for U.S. Sales. “Our retail sales were up 27 percent in May, driven in large part by our new models. Ram pickup trucks and all of our Jeep brand models posted sales increases in May, despite high, fluctuating gas prices.” The Chrysler Group finished the month with a 65-day supply of inventory (311,453 units). U.S. industry sales figures for May are projected at an estimated 12.0 SAAR.

Chrysler Group: U.S. sales, May 2011

 

     Month Sales

Vol %

     Sales CYTD

Vol %

 

Model

Curr Yr

Pr Yr

Change

Curr Yr

Pr Yr

Change

 

500

1,759

0

0%

3,141

0

0%

 

FIAT BRAND

1,759

0

0%

3,141

0

0%

 

200

7,098

0

0%

25,252

0

0%

 

Sebring

53

2,798

-98%

2,380

17,387

-86%

 

300

2,539

3,507

-28%

11,181

17,573

-36%

 

PT Cruiser

45

997

-95%

1,328

3,901

-66%

 

Aspen

0

2

-100%

0

30

-100%

 

Town & Country

6,629

13,395

-51%

39,398

51,342

-23%

 

CHRYSLER BRAND

16,364

20,699

-21%

79,539

90,233

-12%

 

Compass

4,555

2,373

92%

15,998

8,749

83%

 

Patriot

5,470

3,040

80%

23,313

13,080

78%

 

Wrangler

10,008

9,634

4%

41,946

37,226

13%

 

Liberty

6,048

4,105

47%

26,048

18,319

42%

 

Grand Cherokee

9,484

3,246

192%

45,401

22,550

101%

 

Commander

8

550

-99%

104

6,116

-98%

 

JEEP BRAND

35,573

22,948

55%

152,810

106,040

44%

 

Caliber

4,002

7,481

-47%

17,576

18,853

-7%

 

Avenger

5,543

6,332

-12%

24,868

22,001

13%

 

Charger

7,830

9,625

-19%

30,626

37,277

-18%

 

Challenger

3,418

3,828

-11%

16,777

14,580

15%

 

Viper

16

26

-38%

110

113

-3%

 

Journey

3,706

3,781

-2%

22,484

21,827

3%

 

Caravan

9,427

9,393

0%

46,148

41,265

12%

 

Nitro

1,900

1,774

7%

10,164

7,519

35%

 

Durango

4,358

2

217800%

17,744

36

49189%

 

DODGE  BRAND

40,200

42,242

-5%

186,497

163,471

14%

 

Dakota

1,350

1,610

-16%

7,015

5,796

21%

 

Ram P/U

20,117

17,298

16%

90,536

69,005

31%

 

Sprinter

0

22

-100%

0

192

-100%

 

RAM BRAND

21,467

18,930

13%

97,551

74,993

30%

 

TOTAL DODGE

61,667

61,172

1%

284,048

238,464

19%

 
               

TOTAL CHRYSLER GROUP LLC

115,363

104,819

10%

519,538

434,737

20%

 
               

         TOTAL CAR

32,258

33,597

-4%

131,911

127,784

3%

 

         TOTAL TRUCK

83,105

71,222

17%

387,627

306,953

26%

 

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