Chrysler LLC says May was best retail month of the year.Chrysler LLC Chrysler LLC U.S. automotive company first incorporated in 1925, as Chrysler Corp. It was founded by Walter P. Chrysler (1875–1940), who built it into the country's second largest automobile manufacturer, noted for its Plymouth, Dodge, Chrysler, and Jeep vehicles. reported on Tuesday total unit sales unit sales Sales measured in terms of physical units rather than dollars. Unit sales data are often used by financial analysts when evaluating the health of a company. of 79,010 for the month of May units, representing the best retail sales month of 2009 while the company also had an above average performance compared to industry. While the company's total unit sales decreased by 46.9 percent from 148,747 compared to the same month a year ago; the company's retail market share however increased. "We are pleased that consumers responded to Chrysler's reorganization by purchasing our products, resulting in our best retail sales month of the year," said Jim Press James E. Press, is currently Vice Chairman and President of Chrysler LLC as of September 17, 2007. A former president of Toyota Motor North America, he was the first non-Japanese member of Toyota’s board of directors. He joined Toyota Motor Corporation in 1970. , Vice Chairman and President - Chrysler LLC. "Overall our sales were above expectations during this month of transition", he added. The cumulative year to date figure stood at 402,900 units as opposed to 750,369 a year ago, dropping 46.3 percent. The U.S. Bankruptcy Court bankruptcy court n. the specialized Federal court in which bankruptcy matters under the Federal Bankruptcy Act are conducted. There are several bankruptcy courts in each state, and each one's territory covers several counties. approved on June 1 the sale of the majority of Chrysler LLC's assets to a new company, Chrysler Group LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control in alliance with Fiat S.p.A. Chrysler LLC North America Parts Sales and Marketing executive vice president, Steven Landry, described the month of May "as a very encouraging retail month for Chrysler and the industry". |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion