Chrysler U.S. sales increased 33 percent in May

Article by Christian A., on August 29, 2010

The US sales of Chrysler Group LLC rose by 33%, the second straight year-over-year percentage sales increase. In May 2010, 104,819 units were sold while in May 2009, 79,010 units were sold.

It also marks the first time that monthly sales have topped the 100,000 limit since March 2009.

Fred Diaz, President and Chief Executive Officer Ram Truck Brand and Lead Executive for US Sales, said that May was another positive sign as sales momentum continues to rise for Chrysler Group, surpassing the 100,000 unit threshold for the first time in over a year.

Diaz said that May has been the strongest month so far this year, exceeding overall industry growth for the second straight month.

Sales went up by 10% compared with April 2010 (95,703 units). Chrysler Group ended the month with a 49-day supply of inventory (196,210 units), a 25% drop when compared to May 2009 (260,407 units). Overall, US industry sales figures for May are projected at an estimated 11.9 SAAR -- the best month so far for the industry in 2010.

Also in May, the company launched the production of its all-new 2011 Jeep Grand Cherokee, a signature vehicle for the company.

This reportedly signaled the product rebirth of the Chrysler Group. Diaz added that the Chrysler Group is moving toward making high-quality, technologically-advanced vehicles.

The all-new 2011 Jeep Grand Cherokee is the first of 16 all-new or refreshed vehicles the company will launch this year. Diaz expects higher demand as summer nears.

If you liked the article, share on:

Comments

Recommended

The newest Porsche Cayenne is scheduled be unwrapped by the end of the month after completing endurance tests worth 2.7 million miles. Since we are just a few weeks away...
by - August 22, 2017
This is the time of the year when automakers give us teasers and previews of their upcoming models. Now, it seems like BMW is ready to unveil the M5 (F90)...
by - August 22, 2017
It is quite common to revive classic cars if you have a lot of extra money. Models like the Jaguar XKSS and Aston Martin’s DB4 GT have been upgraded to...
by - August 21, 2017
Famous designer of certain Ferrari vehicles like the Enzo Ferrari and the P4/5, Ken Okuyama has revealed another one of his designs at the 2017 Pebble Beach Concours over the...
by - August 21, 2017
The current generation of the BMW M3 (F80) sedan isn’t just sporty and luxurious in terms of looks, but also in terms of performance. Because of its athletic appeal, the...
by - August 21, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries