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View Full Version : Chrysler sales down 47% in May


xcel
06-02-2009, 02:05 PM
http://www.cleanmpg.com/photos/data/2/AmericanFlag.jpg Chrysler says its the best sales month of 09 :confused: (cleanmpg.com/forums/showthread.php?p=211950)

http://www.cleanmpg.com/photos/data/501/2009_Jeep_Wrangler.jpgWayne Gerdes - CleanMPG (http://www.cleanmpg.com) - June 2, 2009

2009 Jeep Wrangler - Sales up 0% and it was the highlight! Imagine next months sales with gasoline possibly at $3.00 per.

Auburn Hills, MI. -- Chrysler reported May U.S. total sales of 79,010 units, representing the best retail sales month of 2009. Compared to May 2008, retail sales decreased 30 percent.

“We are pleased that consumers responded to Chrysler’s reorganization by purchasing our products, resulting in our best retail sales month of the year,” said Jim Press, Vice Chairman and President - Chrysler LLC. “Overall our sales were above expectations during this month of transition.”

"Pleased? WTF!

On June 1, the U.S. Bankruptcy Court approved the sale of the majority of Chrysler LLC’s assets to a new company, Chrysler Group LLC in alliance with Fiat S.p.A.

“The uncertainty that has been surrounding Chrysler for the last few months is coming to an end, and a vibrant, new company is beginning to take shape,” Press added. “One that will better serve our customers and dealers with a broader and more competitive lineup of environmentally friendly, fuel-efficient, high-quality vehicles.”

May Sales Highlights

Jeep Wrangler continued its strong upward sales trend for the fifth month in a row, with May retail sales up 4 percent year-over-year compared to May 2008 and up 8 percent compared to the previous month. Wrangler also increased its share of the segment for the fifth month in a row. The highlight with a 0% increase vs. May of 2008!

Chrysler brand retail sales improved 32 percent compared to the previous month. Yet down 51% compared to a year ago!

Dodge brand retail sales increased 23 percent compared to the previous month. Yet down 48% compared to a year ago!

Jeep brand retail sales were up 21 percent compared to April 2009. Yet down 40% compared to a year ago!

“May was a very encouraging retail month for Chrysler and the industry,” said Steven Landry, Executive Vice President North American Sales and Marketing, Service and Parts – Chrysler LLC. “Retail sales for the industry came in stronger than expected and our retail performance during our restructuring was even stronger than the industry, giving us improved share and optimism that the market is showing signs of life.”

This is so encouraging that it makes me want to go out and donate a few $'s to Chrysler!

Compared to the same time period in 2008, Chrysler’s total sales decreased 47 percent. The Company finished the month with 260,407 units representing an 86 day supply. Inventory is down 37 percent compared with May 2008 when it totaled 412,009 units.

Product Redistribution - A name the government has to love ;)

Chrysler is taking actions to assist in the redistribution of remaining eligible inventory of dealers who had their sales and service agreements rejected. The inventory from the rejected dealers will be matched with dealers who are moving forward with the new company and need to replenish their inventory or acquire inventory for additional brand lines they may add.

Indigo
06-02-2009, 06:12 PM
Maybe Chrysler should reorganize as a special-purpose corporation that consists solely of multi-millionare execs that fly to DC every three months to have their brief cases packed full of taxpayer cash.

Chuck
06-02-2009, 06:24 PM
The "success" of the Chrysler bankruptcy announced in DC makes me dread what failure would have meant! :eek:



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