Chrysler Reports Best September Sales Since 2007
Last edited Thu Nov 1, 2012, 01:31 PM - Edit history (1)
Source: International Business Times
Chrysler Group LLC, a subsidiary of Italian company Fiat S.p.A. (Milan: F), reported Thursday that October car sales rose 10 percent to 126,185, as U.S. consumers were drawn to ideal financing options and the need to replace aging vehicles. The company said it was the best September since 2007, prior to the mortgage meltdown that sent the country into recession.
Going forward with our current product line-up, record low interest rates and a stable U.S. economy, we remain optimistic about the health of the U.S. new- vehicle sales industry and our position in it, said Reid Bigland, president and CEO of the Dodge brand and head of U.S. sales.
The Detroit-based auto giant saw gains sales for its Dodge, Ram Truck and Chrysler brands. Fiat sale also gained, but Jeep sale declined 4.8 percent. Dodge exhibited the strongest growth at 20 percent. Car sales grew 18 percent while truck sales were up 7.1 percent.
Edumunds predicts that total car sales will be up 11 percent for the month and down 4.8 percent from Septembers strong performance. It had forecast 13 percent growth in October for Chrysler.
Read more: http://www.ibtimes.com/chrysler-reports-best-october-sales-2007-857454
closeupready
(29,503 posts)K&R
WilliamPitt
(58,179 posts)Purveyor
(29,876 posts)kestrel91316
(51,666 posts)lexw
(804 posts)hope it's a good one.
bamacrat
(3,867 posts)SoapBox
(18,791 posts)"Chrysler, reported it's WORST September sales since 2007!"
"...and not to mention, moving all those Jeep jobs to China!!!"
I think that sounds about right, for what they will say.