Chrysler reports October U.S. sales increased 11 percent
(November 1, 2013) AUBURN HILLS, Mich. — Chrysler Group today reported U.S. sales of 140,083 units, an 11 percent increase compared with sales in October 2012, and the group's best October sales since 2007.
The Chrysler, Jeep, Dodge and Ram Truck brands each posted year-over-year sales gains in October compared with the same month a year ago. The Ram Truck brand's 22 percent increase was the largest sales gain of any Chrysler Group brand during the month. Chrysler Group extended its streak of year-over-year sales gains to 43-consecutive months in October.
"After a choppy start to the beginning of the month, Chrysler Group sales accelerated in the second half of the month with renewed consumer confidence and the launch of our all-new Jeep Cherokee," said Reid Bigland, head of U.S. sales. "Following a meticulous focus on quality, our new Jeep Cherokee began shipping to dealers and quickly selling which helped us to achieve our 43rd-consecutive month of year-over-year sales increases."
The all-new 2014 Jeep Cherokee and the all-new 2014 Ram ProMaster went on sale in October expanding the Chrysler Group product lineup. Six Chrysler Group vehicles logged their best October sales ever, including the Jeep Wrangler and Jeep Patriot, and the Dodge Journey crossover, Dodge Dart compact car, and the Dodge Challenger.
This was the Wrangler's seventh sales record this year, including an all-time sales record in May. The Ram Cargo Van also logged its best October sales ever.
Chrysler Group finished the month with an 86-day supply of inventory (445,271 units). U.S. industry sales figures for October are projected at an estimated 15.7 million units Seasonally Adjusted Annual Rate (SAAR).