Chrysler Group LLC sold 126,185 units in October 2012

Article by Christian Andrei, on November 2, 2012

Chrysler Group LLC sold 126,185 units in October 2012 in the U.S., about 10% higher than the 114,512 units sold in October 2011. Last month marks the group’s highest sales for October since 2007. In addition, year-over-year sales gains were reported by the Chrysler, Dodge, Ram Truck and FIAT brands over October 2011.

The biggest sales gain of any Chrysler Group brand for the month is the 89% increase of the Fiat brand. The Chrysler Group also marked its 31st straight month of year-over-year sales gains last month. A wide assortment of Chrysler Group models set records last month. The Fiat 500 established a sales record for the month of October, driven by its 89% increase in sales.

Other models that set records for the month of October are the Dodge Avenger mid-size sedan, the Jeep Wrangler and Jeep Patriot sport-utility vehicles, and the Dodge Journey full-size crossover. Each of Chrysler Group’s minivans also reported double-digit percentage sales improvements in October. The biggest percentage climb of a Dodge model is the Dodge Grand Caravan with a 49% sales increase.

On the other hand, sales of the Chrysler Town & Country minivan grew 31% in October. Other models that had significant sales growths for the month are the Ram 1500 pickup truck, Dodge Charger muscle car, and Chrysler 300 flagship sedan. The month ended with Chrysler Group having 404,122 units in its inventory, standing for an 83-day supply. October’s U.S. industry sales figures are forecasted at an estimated 14.7 million units Seasonally Adjusted Annual Rate (SAAR).

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