Tag Archives: chrysler results

Chrysler Group U.S. Sales Up 27% in September, Led By Trucks

Chrysler Group’s Retail sales were up 50%. Chrysler Group has beaten the average industry sales increase in eight of nine months this year, and is in a dead heat with Toyota Motor Sales for the Number Three position in the U.S. Continue reading

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Chrysler Group August Sales Up 31% in U.S.

Chrysler Group August sales were 130,119 vehicles in the U.S., a 31% increase compared with sales in August 2010 of 99,611 units. The smallest of the Detroit Three said this was the best August sales since 2007. Based on early sales numbers this was much greater growth than average auto industry growth in August. Continue reading

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Chrysler Group U.S. July Sales up 20%. Best July in Four Years

The Chrysler, Jeep, and Dodge brands all posted year-over-year sales gains in July, while the Fiat brand registered a 68% increase – albeit only 3,000 units- compared with the previous month of June 2011. Chrysler Group’s car sales increased 28% in July to 28,000 vehicles while truck sales were up 18% at 84,000 units compared with the same month a year ago. Continue reading

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Chrysler May U.S. Sales Up 10% as Retail Sales Soar 27%

Chrysler Group, the weakest of the Detroit Three, today reported U.S. sales of 115,363, a 10% increase compared with sales in May 2010 and the best May sales since 2008. The strong results came as larger Ford and General Motors posted flat sales year-on-year. Continue reading

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Chrysler to Pay off $7.5 Billion in U.S., Canadian Bailout Loans

It is primarily the interest on government loans – $1.23 billion – that prevented Chrysler from earning a profit during 2010 and resulted in an overall loss for the year of $652 million. So decreasing interest rates should improve earnings, a necessary precursor for the public offering of Chrysler stock later this year or early next. Continue reading

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