11/4/08

Chrysler LLC's U.S. October Sales Down 35%

As if Chrysler LLC doesn't have enough probblems to worry about, now it has to deal with the overall decline in U.S. auto sales. The firm which comprises the Chrysler, Dodge and Jeep brands reported total October 2008 U.S. sales of 94,530 units, down a staggering 35 percent from the same month last year. Chrysler suffered the most losses selling a mere 19,903 vehicles in October which represents a decrease of 51 percent compared to the same month a year ago. The Jeep brand delivered 21,360 units in October, down 33% from last year while Dodge sold 53,267 vehicles, a 27 percent decline from October 2007.

"While October was a very tough month for everyone in this business, we as an industry must focus on the fact that there are still many serious car buyers out there, and every company has an equal opportunity to win their business," said Jim Press, Chrysler LLC Vice Chairman and President.

"From a Chrysler perspective, we are pleased that despite this marketplace downturn, our critically important Dodge Ram launch is on schedule and our overall pickup truck share is on target. We look forward to rolling out the rest of our 2009 model year vehicles with improved quality and fuel economy and fighting for those customers who are in the market," Press added.

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