05.01.2013 CHRYSLER GROUP SALES UP 10 PERCENT DURING DECEMBER

DODGE JOURNEY 2013

Contributing to Chrysler Group’s 10 percent sales increase last month were the Fiat's 500, Jeep's Wrangler, Dodge's Challenger and Journey (above), and Ram's Cargo Van, each setting a sales record for the month of December.

Chrysler Group has reported U.S. sales of 152,367 units, a 10 percent increase compared with sales in December 2011 (138,019 units), and the group’s best sales for the final month of the year since 2007.

The Chrysler, Dodge, Ram Truck and Fiat brands each posted year-over-year sales gains in December compared with the same month last year, while Jeep saw sales declining. The Fiat brand’s 59 percent increase was the largest sales gain of any Chrysler Group brand for the month. December marked Chrysler Group’s 33rd-consecutive month of year-over-year sales gains.

For the year, Chrysler Group sales totalled 1,651,787 units, up 21 percent compared with sales in 2011. The Chrysler, Jeep, Dodge, Ram Truck and Fiat brands each recorded sales gains during 2012 compared with sales in the previous year. The Jeep brand’s 13 percent sales increase in the U.S. helped push its global sales to an all-time record in 2012. Seven Chrysler Group models set annual sales records in 2012.

“Chrysler Group ended 2012 on a strong note with December sales up 10 percent and our best December sales since 2007,” said Reid Bigland, President and CEO – Dodge Brand and Head of U.S. Sales. “Looking back on 2012, we were again one of the fastest growing automakers in the country with total sales up 21 percent. We also recorded 33-consecutive months of year-over-year sales growth and our strongest annual sales in five years. Finally, seven of our vehicles recorded their best ever annual sales in 2012 demonstrating how the quality, design and fuel efficiency of our product line up continues to resonate with consumers.”

The new Alfa Romeo Giulietta-based Dodge Dart, however is one current black spot for Chrysler Group as its demand has fallen well short of expectations, in part due to less than competitive pricing structures as well as mixed test reviews. However there was an upward note during December as the Dart's sales were up 36 percent month-over-month, the C-segment car’s best monthly sales performance since it went on sale in June.

Also contributing to Chrysler Group’s 10 percent increase were the Fiat's 500, Jeep's Wrangler, Dodge's Challenger and Journey, and Ram's Cargo Van, each setting a sales record for the month of December. The Jeep Grand Cherokee recorded its best sales performance of the year in December although that was in fact down 1 percent on the same month last year. Also relatively flat in December were Chrysler's 200 and Town & Country while the losers included Jeep's Compass and Liberty.

Chrysler Group finished the month with a 72-days supply of inventory (426,664 units). U.S. industry sales figures for December are projected at an estimated 15.8 million units Seasonally Adjusted Annual Rate (SAAR).
 


 

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