Chrysler Group LLC reports growth of 8 per cent in January 2014 US sales

Chrysler Group LLC reported US sales of 127,183 units, an 8 per cent increase compared with sales in January 2013 (117,731 units), and the group's best January sales since 2008.

The Chrysler, Jeep, Ram Truck, and Fiat brands each posted year-over-year sales
gains in January compared with the same month a year ago. The Jeep brand's 38 per cent increase was the largest sales gain of any Chrysler Group brand during the month. Chrysler Group extended its streak of year-over-year sales gains to 46-consecutive months in January.

"The bad weather only seemed to affect our competitors' stores as we had a great January with sales up 8 per cent and achieved our 46th-consecutive month of year-over-year sales increases," said Reid Bigland, Head of US Sales. “"n addition to a strong sales start to the year, last month we also reported 2013 full-year profits and unveiled the all-new Chrysler 200, our strongest entry yet in the mid-size sedan segment."

Four Chrysler Group vehicles set sales records in January. The Jeep Compass, Jeep Patriot, Jeep Wrangler, and Chrysler 200 each posted their best January sales ever. The Jeep and Fiat brands each posted their best January sales ever. Sales of the Compass compact SUV were up 31 per cent in January, the largest percentage sales gain of any Jeep brand model. With sales up 47 per cent, the Dodge Grand Caravan recorded the largest percentage increase of any Chrysler Group vehicle for the month, and the Ram pickup truck had its best January sales in 10 years.

Chrysler Group finished the month of January with a 105 days supply of inventory (536,039 units). US industry sales figures for January are internally projected at an estimated 15.6-million units Seasonally Adjusted Annual Rate (SAAR).

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