logo
Share SHARE
FONT-SIZE Plus   Neg

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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
French car maker Renault SA reported Friday higher profit in its fiscal 2015, with strong growth in automotive profit and revenues. The company announced higher dividend. Looking ahead, for fiscal 2016, Renault expects to increase group revenues at constant exchange rates and improve group operating margin. Shares of Rolls-Royce Holdings Plc were gaining around 13 percent in the morning trading in London after the engine maker reported more-than doubled profit in its fiscal year 2015, with lower one-time items. Underlying earnings were hurt by weakness in Marine markets. Further, the company halved its dividends, and still expects lower revenues next year. German steel giant ThyssenKrupp AG reported a loss in its first quarter, compared to last year's profit as sales and orders were hurt by sharp deterioration in materials businesses. The company said its overall performance in the first quarter was within its full-year forecast corridor. Looking ahead, the company continues to expect higher net income and flat sales for fiscal 2016.
comments powered by Disqus
RELATED NEWS
Trade FCAU now with 
Follow RTT