Chrysler Group Brands Experience Record-Breaking Growth in June
For 51 months straight, Chrysler Group has posted year-over-year sales gains with six of its brands either experiencing growth or record-breaking sales.
June turned out to be a good month for Chrysler. Last month was the group’s best June sales month since 2007 and here in the U.S., Chrysler sold 171,086 units – a 9 percent increase from last June’s sales of 156,686 units.
Six Chrysler vehicles, including Compass, Patriot, and Wrangler, had a record sales month in June, while Jeep, Dodge, Ram Truck, and Fiat were highlighted because of their exponential growth this year.
Jeep led the way, reporting its best sales in June to-date, and with a 28 percent increase, it had the greatest gain in June sales out of all of the Chrysler brands.
There has been been a dynamic trend in popularity in the Compact SUV segment. We’ve noticed here at Mancari that a few of the Jeep models like the Compass, Patriot, and Wrangler have been doing pretty well in overall sales.
So well in fact, that last month, all three models had their best month ever in June – posting record sales monthly since January.
Mancari is also excited to announce that Edmunds.com recently awarded the Jeep Wrangler with its Best Retained Value Awards.
Ram Trucks wasn’t far behind, posting a 14 percent increase last month. Two vehicles that rose to the top were the Ram pickup, which was named Motor Trend’s “Truck of the Year” as well as the Ram ProMaster Van, which took home Edmunds.com’s Best Retained Value Award for a Compact SUV in June.
The list of accolades keep rolling in as the Dodge Challenger was pronounced the winner of Edmunds.com’s Best Retained Value Award for a mid-size / large coupe.
Chrysler’s Town and Country was ranked highest in initial quality among minivans three out of four years in the J.D. Power 2014 U.S. Initial Quality Study in June.
Sales for the Town & Country were up 24 percent last month, reflecting consecutive growth for the past 11 months.
As a whole, Chrysler almost doubled its sales at 9 percent – a significant jump from the 5.9 percent increase it projected.
Finally, the Fiat brand saw a whopping 113 percent sales increase since June 2013, while the Fiat 500 Cabrio Abarth blew everyone else out of the water with a mind-altering 130 percent year-over-year increase.
What’s behind the sudden upward fluctuation in sales for the American automaker?
According to the Business Insider the auto industry is seeing a substantial increase in buyer confidence, as vehicle sales reached 16.98 million units in June, which was reported by Wards Auto. “The report signals that consumers are willing to make big-ticket purchases…,” said Barclay’s Dean Maki.
On a wider scale, the light vehicle sales market is a “…bright spot in the tremulous global environment,” said Jeff Schuster, senior vice president of forecasting for LMC Automotive
The seventh largest automaker in the world has a five year plan to grow the company to 7 million sales worldwide by 2018.
A bold plan. But then, again at Mancari, we realize anything’s possible. Stop over to Mancari’s Chrysler Jeep Dodge Ram for a great selection of new and pre-owned vehicles.