Chrysler Group LLC today reported U.S. sales of 142,275 units, a 16 percent increase compared with sales in November 2012 (122,565 units), and the group’s best November sales since 2007.
The Chrysler, Jeep®, Dodge and Ram Truck brands each posted year-over-year sales gains in November compared with the same month a year ago. The Jeep brand’s 30 percent 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 44-consecutive months in November.
“Our all-new Jeep Cherokee is off to a terrific start with more than 10,169 units sold in its first full month on sale,” said Reid Bigland, Head of U.S. Sales. “Our launch emphasis on Jeep Cherokee quality is now being rewarded with brisk sales and helping Chrysler Group achieve our 44th-consecutive month of year-over-year sales growth.”
In its first full month of sales, the all-new 2014 Jeep Cherokee mid-size SUV recorded sales of 10,169 units. The addition of the Cherokee to the product lineup helped the Jeep brand attain its best November sales ever. In addition, the Jeep Grand Cherokee, Jeep Wrangler, Jeep Patriot and Jeep Compass each posted year-over-year sales gains in November, led by the 31 percent increase in Compass sales.
Four Chrysler Group vehicles set sales records during the month of November. The Wrangler, Patriot, Dodge Dart, and Ram Cargo Van each recorded their best November sales ever. The Dart compact car achieved its record with a 44 percent year-over-year sales gain.
Chrysler Group finished the month with a 91 days supply of inventory (500,536 units). U.S. industry sales figures for November are internally projected at an estimated 16.3 million units Seasonally Adjusted Annual Rate (SAAR).