Printer Friendly

RETAIL SALES STRENGTHEN CHRYSLER SALES INCREASE

 RETAIL SALES STRENGTHEN CHRYSLER SALES INCREASE
 HIGHLAND PARK, Mich., Nov. 4 /PRNewswire/ -- Chrysler Corporation


(NYSE: C) reported an 11-percent gain in total car and truck sales for October, its ninth consecutive monthly increase. Retail sales continued especially strong, up 40 percent, reflecting less reliance on fleet sales compared to October a year ago.
 Chrysler light duty truck sales increased for the 15th straight month and set an October record of 92,430, a 30 percent gain, largely on the strength of Jeep sales, minivans and Dakota pickups.
 Total car sales of 63,127 were off nine percent "because of our deliberate plan to reduce daily rental car fleet volumes," said Theodor (cq) R. Cunningham, executive vice president of Sales & Marketing. "October retail car sales climbed 22 percent, continuing the pattern this year that has resulted from our strategy. We expect our retail car sales to continue to increase with the November marketing launch of our all-new Vision, Intrepid and Concorde sedans."
 The Jeep brand posted its highest monthly sales ever, 26,894, surpassing a mark of 25,271 set in June, 1989. The new Grand Cherokee led the way with sales of 11,627, its best month since its April introduction.
 The minivan continued as Chrysler's volume leader with sales of 39,237 and posted its highest ever total of 106,352 for the three months of August, September and October.
 The Dakota pickup posted its 10th consecutive record month with sales of 12,790, a gain of 73 percent.
 October increases helped Chrysler build its U.S. total market share by an estimated three-tenths of a point to 13.7 percent.
 Total Cars
 1992 1991 Pct. Change Selling Days
 '92 '91
 Oct. 1-31 63,127 69,351 - 9.0 27 27
 Jan. 1-Oct. 31 557,178 593,984 - 6.6 258 257
 Domestic Cars
 Oct. 1-31 57,529 63,579 - 9.5
 Jan. 1-Oct. 31 505,506 537,113 - 6.2
 Total Trucks
 Oct. 1-31 92,430 71,012 +30.2
 Jan. 1-Oct. 31 854,641 674,507 +26.2
 Domestic Trucks
 Oct. 1-31 91,848 70,466 +30.3
 Jan. 1-Oct. 31 850,108 670,790 +26.2
 Total Vehicles
 Oct. 1-31 155,557 140,363 +10.8
 Jan. 1-Oct. 31 1,411,819 1,268,491 +10.9
 All changes are computed on a daily rate basis.
 -0- 11/4/92
 /CONTACT: Tom Jakobowski of Chrysler, 313-956-1881 or 313-956-2894/
 (C) CO: Chrysler Corporation ST: Michigan IN: AUT SU:


DH -- DE019 -- 2585 11/04/92 14:33 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 4, 1992
Words:420
Previous Article:SIERRA TUCSON COMPANIES INC. ANNOUNCES NEW MARKETING DIRECTOR
Next Article:MAGNETEK ACQUIRES TELEDYNE INET
Topics:


Related Articles
CHRYSLER REPORTS INCREASE IN TOTAL VEHICLE SALES
CHRYSLER POSTS JANUARY SALES INCREASE
CHRYSLER APRIL CAR SALES HIT FOUR-YEAR HIGH, TRUCKS ROLL ON AT RECORD-SETTING PACE
CHRYSLER MAINTAINS SALES PACE WITH BEST JULY IN FIVE YEARS
CHRYSLER BREAKS 100,000 RETAIL SALES BARRIER FOR 1993
CHRYSLER HITS SALES MILESTONE WITH BEST MONTH IN 69-YEAR HISTORY
CHRYSLER SPRINGS FORWARD WITH BEST APRIL SALES IN COMPANY'S HISTORY
CHRYSLER BREAKS MODEL YEAR RECORD; SETS BEST SEPTEMBER IN EIGHT YEARS
CHRYSLER INTERNATIONAL POSTS OVERALL 1994 SALES RECORD AND CALENDAR YEAR SALES RECORDS IN 21 COUNTRIES
APRIL SALES SECOND BEST MONTH IN CHRYSLER HISTORY; TEN ALL-TIME RECORDS ESTABLISHED

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters