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The Fiat, Chrysler and Jeep brands also
produced record-setting models in August.
The Fiat 500 (above) set an all-time sales
record with its 34 percent sales gain while
the Chrysler 200 mid-size sedan and the Jeep
Wrangler established sales records for the
month of August. |
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Chrysler
Group has reported August U.S. sales of 148,472 units, a
14 percent year-on-year increase (130,120 units in
August 2011), and the group’s best August sales since
2007; Fiat 500 sales were up 34 percent to 4,150 units.
The Chrysler, Jeep, Dodge, Ram Truck and Fiat brands
each recorded year-over- year sales gains in August
compared with the same month a year ago. The Fiat
brand’s 34 percent increase was the largest sales gain
of any Chrysler Group brand for the month. August marked
Chrysler Group’s 29th consecutive month of
year-over-year sales gains.
Chrysler Group
underperformed the overall market which was up 20
percent, thanks in part to steep rises from Toyota (+46
percent) and Honda (+60 percent) which but beat its
Detroit rivals, Ford was up 13 percent and GM up 10
percent.
The Dodge brand produced three record-setting models
while registering the largest sales volume of any
Chrysler Group brand in August. The Journey full-size
crossover, Avenger mid-size sedan and Challenger muscle
car each set a sales record for the month of August.
The Fiat, Chrysler and Jeep brands also produced
record-setting models in August. The Fiat 500 set an
all-time sales record with its 34 percent sales gain
while the Chrysler 200 mid-size sedan and the Jeep
Wrangler established sales records for the month of
August. Chrysler Group Sergio Marchionne announced this
week that the Fiat 500L won't arrive in the U.S. until
next March.
“Our Iron Man streak continued last month as we posted
our 29th-consecutive month of year-over-year sales
growth,” said Reid Bigland, President and CEO of the
Dodge brand and Head of U.S. Sales. “Our hard work over
the past few years is starting to pay some dividends in
our sales growth, quality awards and profitability. Not
to mention, an incredibly resilient U.S. new vehicle
sales industry doesn’t hurt either.”
Chrysler Group’s 14 percent increase in August was
finally helped by the Dodge Dart compact sedan which
added 3,045 units after a lacklustre opening two months
on the market, its cause not being helped by delays to
the auto option. Dart sales were up 294 percent in
August compared with the previous month of July, as the
Belvidere, Ill. assembly plant continues to ramp up Dart
production.
The Chrysler 300 flagship sedan, with its substantial 65
percent increase, contributed to Chrysler Group’s August
increase, as did the Chrysler Town & Country and Dodge
Grand Caravan minivans, each posting double-digit
percentage gains for the month. The Jeep Grand Cherokee,
with a 13 percent hike, had its best August in six years
while the Ram pickup truck extended its lengthy streak
of consecutive year-over-year sales gains with a 19
percent increase in August. Dodge's Durango was one of
the high profile losers during August, its sales tailed
off 45 percent, with the other key model to decline
being Jeep's Compass, down 15 percent.
Chrysler Group finished the month with a 66-days supply
of inventory (362,407 units). U.S. industry sales
figures for August are projected at an estimated 14.6
million units Seasonally Adjusted Annual Rate (SAAR).
Chrysler Group August 2012 U.S. Sales
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