Finance News United States

Subscribe

Advertise your job ad
    Search jobs

    Chrysler's US sales jump 17% in May

    WASHINGTON, USA: Chrysler's US sales of cars and truck climbed by 17% in May from a year ago as Jeep and Ram brands racked up strong gains.
    Jeep sales in the US climbed by 58% in May and may indicate that conditions in the USA economy are improving fast. Image:
    Jeep sales in the US climbed by 58% in May and may indicate that conditions in the USA economy are improving fast. Image: Cars

    Chrysler, now a unit of Italian company Fiat Chrysler, said it sold 166,596 units last month, its best May sales since 2007.

    The increase was stronger than the 14.4% rise estimated by car-shopping website Edmunds.com.

    The number-three US car manufacturer said sales of Jeep sport utility vehicles jumped 58%, the largest increase of any Chrysler Group brands. It was Jeep's third consecutive month of record sales.

    Ram pickup truck sales rose 17%.

    "Our Jeep sport-utility vehicles and Ram pickups continued to do well in May as our dealers reported brisk May sales over five weekends including the Memorial Day holiday," said Reid Bigland, Head of US sales.

    Chrysler was the first to publish US sales in May; other car manufacturers are due to release their data later.

    Edmunds.com estimates overall US vehicle sales slowed to a 7.3% in May from a gain of 8.1% in April.

    Source: AFP via I-Net Bridge

    Source: I-Net Bridge

    For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

    We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

    Go to: http://www.inet.co.za
    Let's do Biz