Stock-Market-Trends

Chrysler Reports Best November Sales Since 2007

Chrysler Reports Best November Sales Since 2007

Chrysler Group LLC reported November U.S. sales of 142,275 units, a 16 percent year-over-year increase and the group's best November sales since 2007.

With the increase, Chrysler extended its streak of year-over-year sales gains to 44 consecutive months.

In its first full month of sales, the all-new 2014 Jeep Cherokee midsize SUV recorded sales of 10,169 units, helping the Jeep division achieve its best November 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. The Dart compact car achieved its record with a 44 percent year-over-year sales gain.

Chrysler Group said it finished the month with a 91-day supply of inventory (500,536 units).

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