Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Chrysler Group Feb. U.S. Sales Climb 40% - Quick Facts

Chrysler Group LLC, majority owned by Italy-based Fiat SpA (FIATY.PK), on Thursday posted a 40 percent improvement in its February 2012 U.S. sales to 133,521 units from 95,102 units in February 2011.

In February, every Chrysler Group model in production for over 12 months posted a year-over-year sales gain and the Chrysler brand led the way with a solid 114 percent growth. The company said the FIAT brand finished its first year of sales with its best month ever, with Fiat 500 sales growing by 69 percent in February compared with the prior month.

Total car sales for the same month jumped 126% to 40,024 units from previous year's 17,745 units, and total truck sales went up 21% to 93,497 units from 77,357 units in the comparable period.

Click here to receive FREE breaking news email alerts for Fiat SpA and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
A ban on athletes using stamina-boosting gases - xenon and argon - came into effect on Monday. The World Anti-Doping Agency (WADA) said Hypoxia-Inducible Factor (HIF) activators Xenon and Argon have been added to the 2014 List of Prohibited Substances and Methods List following the required three-month notice period and UNESCO's communication to all States Parties. A recommendation to revise the British manufacturing growth eased further in August to its lowest level in 14 months as output and demand increased at slower rates, survey results from Markit Economics showed Monday. The Markit/CIPS Purchasing Managers' Index dropped to 52.5 from a revised 54.8 in July. Economists had expected the score to fall to 55.1 from July's original figure of 55.4. Consumers spent less in July than in the previous month, a surprise retreat that complicates the prevailing belief that the U.S. economic situation is improving. Along with the unexpected drop in spending, government figures released on Friday showed that incomes rose at a slower pace in July than in the previous month. Meanwhile, data on prices indicated that inflation pressures remain tame.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.