Chrysler Sold 171,086 Vehicles In June; Up 9% From Year Earlier

Loading...
Loading...
Chrysler Group LLC said Monday that its June monthly sales increase of 9 percent represents the fastest growth for the period since 2007. Privately held Chrysler sold 171,086 vehicles in June, up from 156,686 vehicles in June 2013. Gains were despite two fewer selling days in the recent period compared with a year earlier. Chrysler's inventory at June 1 totaled 509,714 vehicles, a 72-day supply. Jeep sales were up 28 percent while Ram pick-up trucks posted their best June performance in 10 years, with sales up 12 percent. Further, six Chrysler group vehicles set sales records in June, which marked the fifty-first consecutive month of sales increases for the company. Fiat sales rose 11 percent and the Dodge brand grew "slightly." Sales of the newly launched Chrysler 200 mid-sized sedan totaled more than 5,000 units in June, up from a 595 in May, its first month on sale.
Market News and Data brought to you by Benzinga APIs
Posted In: NewsEvents
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...