Chrysler Group LLC’s U.S. vehicle sales rose in June, extending the automaker’s streak of monthly increases.
“We will achieve our 39th consecutive month of year-over-year sales growth,” Reid Bigland, Chrysler’s head of U.S. sales, told reporters today at the automaker’s proving grounds in Chelsea, Michigan. “We’ve seen it pretty consistent. I would say good, not weak, not great, just kind of good, in the month of June.”
Sales for Chrysler, majority owned by Fiat SpA (F), have benefited from redesigned Ram pickups, Jeep sport-utility vehicles and the new Dodge Dart. This year through May, the company’s U.S. deliveries gained 9 percent, better than the industrywide 7.3 percent increase.
Chrysler’s Ram pickups surged 23 percent in the first five months, mimicking similar increases for large pickups at General Motors Co. (GM) and Ford Motor Co. Pickups are the major source of profit at the three automakers and deliveries of the trucks were helped by record energy production and a housing recovery. Fiat is relying on Chrysler to offset losses at the Turin, Italy-based company’s mass-market brands in Europe.
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