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Chrysler Group Establishes Sales Records with May 2007 Certified Pre-owned Vehicle (CPOV) Sales

AUBURN HILLS, Mich., June 11 -- Chrysler Group reported that its Five Star(R) dealers sold a new May record of 11,243 Certified Pre-owned Vehicles (CPOV), an increase of 10.6 percent over May 2006 sales of 10,164 units and a 8.4 percent increase over April 2007 sales. Record year-to-date sales amounted to 53,829 units for 2007, an increase of 6.5 percent over year-to-date sales last year.

Chrysler brand leads the group with a 5 percent sales increase from May 2006, posting sales of 3,948 units. Dodge sales increased 11 percent to 4,597 units. Jeep(R) brand accelerated 21 percent to 2,698 units.

"Beyond consistently setting new sales records for Chrysler, Jeep and Dodge CPO vehicles, our participating dealers are leveraging the CPOV program as an effective marketing tool for driving incremental traffic," said Peter Grady, Director - DaimlerChrysler Motors Remarketing. "The end result is the CPOV program is helping our participating Five Star dealers to grow both their new and used vehicle customer base."

The Chrysler Group offers one of the most comprehensive Certified Pre- Owned Vehicle programs in the industry. For a vehicle to be certified under the Chrysler Group's used-vehicle program, it must be a 2002 through 2007 model pre-owned vehicle with less than 65,000 miles and pass a stringent 125- point inspection. The Chrysler Group's CPO vehicles are backed by an eight- year/80,000-mile powertrain limited warranty, 24-hour, 365-day full roadside assistance with a $35 per day rental car allowance and a three-month or 3,000- mile Maximum Care warranty, in addition to a Carfax Vehicle History Report and buyback guarantee.

Marketed as "Brand Spankin' Used(R)," the Chrysler Group's CPO vehicles are sold only through Chrysler, Jeep and Dodge dealerships that have earned the automaker's Five Star certification. Five Star certification is a comprehensive validation of the dealership's facilities, operational processes, salesperson and technician training accreditation as well as customer satisfaction survey ratings. Approximately 2,100 Chrysler Group dealerships in the United States are certified Five Star dealers.