03.03.2011 CHRYSLER GROUP U.S. SALES UP 13 PERCENT IN FEBRUARY BUT UNDERPERFORM THE MARKET

JEEP - 2011 GENEVA MOTOR SHOW
JEEP - 2011 GENEVA MOTOR SHOW

Jeep is currently showing off its newly facelifted model range at the 81st Geneva Motor Show. Jeep CEO Mike Manley (top) introduces the off road brand at a press conference on Tuesday.

Chrysler Group saw its sales climb by 13 percent year-on-year to 95,102 units during February (ten thousand units up on the same month last year), led by the Jeep brand which was up by a quarter and Ram which was up by four fifths; however the carmaker significantly underperformed the overall market which jumped by 27 percent.

Chrysler's improvement was led by the full Jeep product lineup which all posted gains, ranging from 19 to 61 percent year-on-year, although the combined total sales increased added up to only 5,000 extra units, and the Ram pickup truck brand which was up 81 percent. Dodge ended the month flat (+2 percent) while Chrysler lost a quarter of its sales with the Sebring, now renamed as the 200, losing significant sales despite its recent refresh. February however marked the 11th consecutive month of year-over-year sales gains for the Chrysler Group.

While the U.S. market jumped 27 percent year-on-year last month Chrysler (+13 percent) and Ford (+14 percent) missed out, the Detroit pair being the main laggards. The big winners were GM (+46 percent) and Toyota (+42 percent). The other two key Japanese brands had a strong month: Nissan (+32 percent) and Honda (+22 percent). However incentive spending jumped last month to distort the overall picture.

“Our retail sales were up substantially in February, proof positive that the 16 all-new or significantly-refreshed models we launched during 2010 are resonating with consumers,” believes Fred Diaz, President and CEO Ram Truck Brand and Lead Executive for U.S. Sales. “The sustained buzz generated by our Super Bowl commercial has added to the interest and excitement in our 2011 models as they land in dealership showrooms in volume.” Chrysler Group finished the month with a 68-day supply of inventory (269,107 units). U.S. industry sales figures for February are projected at an estimated 13.4 SAAR.

Chrysler Group U.S. Sales February 2011
        Month Sales Vol %       Sales CYTD Vol %
Model Curr Yr Pr Yr Change Curr Yr Pr Yr Change
200

2,319

0

0%

3,084

0

0%

Sebring

681

3,160

-78%

1,398

6,753

-79%

300

1,323

4,487

-71%

2,652

6,141

-57%

PT Cruiser

401

627

-36%

743

1,268

-41%

Aspen

0

2

-100%

0

26

-100%

Town & Country

7,904

8,649

-9%

14,456

13,180

10%

CHRYSLER BRAND

12,628

16,925

-25%

22,333

27,368

-18%

Compass

2,267

1,911

19%

3,690

3,155

17%

Patriot

4,153

2,986

39%

7,605

4,958

53%

Wrangler

7,636

5,967

28%

14,080

10,855

30%

Liberty

5,896

3,659

61%

9,948

6,646

50%

Grand Cherokee

8,667

6,614

31%

16,279

9,925

64%

Commander

0

2,202

-100%

96

3,515

-97%

JEEP BRAND

28,619

23,339

23%

51,698

39,054

32%

Caliber

3,445

2,263

52%

5,857

4,769

23%

Avenger

3,477

3,442

1%

5,794

6,576

-12%

Charger

3,263

10,363

-69%

5,325

12,488

-57%

Challenger

3,227

2,145

50%

5,753

3,828

50%

Viper

10

24

-58%

72

50

44%

Journey

4,884

4,139

18%

8,857

8,929

-1%

Caravan

10,555

9,390

12%

18,368

13,688

34%

Nitro

1,969

1,201

64%

3,919

2,569

53%

Durango

2,731

8

34038%

3,930

31

12577%

DODGE BRAND

33,561

32,975

2%

57,875

52,928

9%

Dakota

1,650

891

85%

2,473

1,885

31%

Ram P/U

18,644

10,267

82%

30,841

20,224

52%

Sprinter

0

52

-100%

0

133

-100%

RAM BRAND

20,294

11,210

81%

33,314

22,242

50%

TOTAL DODGE

53,855

44,185

22%

91,189

75,170

21%

     
TOTAL CHRYSLER GROUP LLC

95,102

84,449

13%

165,220

141,592

17%

     

TOTAL CAR

17,745

25,884

-31%

29,935

40,605

-26%

TOTAL TRUCK

77,357

58,565

32%

135,285

100,987

34%


 

© 2011 Interfuture Media/Italiaspeed