Chrysler Group LLC on Tuesday reported U.S. sales of 194,421 units, a 17 percent increase compared with sales in May 2013 (166,596 units), and the group’s best May sales since 2007.
The Jeep®, Dodge, Ram Truck and FIAT brands each posted year-over-year sales gains in May, compared with the same month a year ago. The Jeep brand’s 58 percent increase was the largest sales gain of any Chrysler Group brand during May and its best sales month ever. Chrysler Group extended its streak of year-over-year sales gains to 50-consecutive months in May.
“Our Jeep sport-utility vehicles and Ram pickups continued to do well in May as our dealers reported brisk May sales over five weekends and the Memorial Day holiday,” said Reid Bigland, Head of U.S. Sales. “For the third consecutive month, our Jeep brand recorded its best sales month ever helping Chrysler Group to achieve its 50th-consecutive month of year-over-year sales gains. The Dodge Dart compact car had its best sales month ever, while our Ram pickup truck recorded another double-digit sales increase.”
The Jeep brand continued to topple sales records in May as the brand posted its best ever sales month in the U.S. Four of eight Chrysler Group vehicles that set sales records in May were Jeep brand models. The Jeep Compass, with its 64 percent sales increase, posted the largest year-over-year percentage sales gain of any Chrysler Group vehicle in May. Ram pickup truck sales were up 17 percent in May, while the Dodge Dart compact car posted its best sales month ever with a 16 percent sales gain.
Chrysler Group finished the month of May with a 69 days supply of inventory (494,482 units). U.S. industry sales figures for May are internally projected at an estimated 16.9 million units Seasonally Adjusted Annual Rate (SAAR).