Chrysler Group reported sales increased 20% to 167,667 units last month. The results not only extended the group's record to 52 consecutive months of sales growth, they marked the group's best July since 2005.
All brands finished the month in the black, led by a 41% increase in Jeep sales which set a new July record.
“Chrysler Group had a solid July as each brand recorded sales gains on our way to a 20 percent year-over-year increase, our strongest July sales in nine years,” said Reid Bigland, Head of U.S. Sales.
Looking at by-model results, the Jeep Wrangler, Jeep Compass, Dodge Dart, Dodge Challenger, Dodge Journey, and Ram Cargo Van all posted their best-ever July sales. The Fiat 500L set a new monthly sales record as sales rose 49%. Dart sales were up 23%, marking the third-consecutive month the smallest Dodge has set a sales record. Wrangler sales were up 14%, to the highest volume of any Jeep model. Cherokee sales rose 11% from June 2014 as it closes on the 100,000-unit mark.
U.S. industry sales figures for July are internally projected at an estimated 16.8 million units Seasonally Adjusted Annual Rate (SAAR).
CHRYSLER GROUP LLC SALES: JULY 2014 & CYTD |
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