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

3/1/2012 8:57 AM ET

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.

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by RTT Staff Writer

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