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Press Release

Chrysler Announces Third Quarter Sales

10/03/96

Chrysler Posts Model-Year and 3rd-Quarter Records; September Sales Up
22 Percent

AUBURN HILLS, Mich., Oct. 1 -- Chrysler Corporation's
U.S.  sales in September were 22 percent ahead of a year
ago, contributing to a new third-quarter volume record and capping the
best model year in company history.

"We've set consecutive quarterly sales records in a year that's been
relatively flat for the industry as a whole," said James P. Holden,
Executive Vice President - Sales and Marketing.

"It's a continuing consumer endorsement of our lineup of innovative
and exciting cars, trucks, minivans and Jeep vehicles," Holden
said. "September's results are up from last month and they showed a
daily sales rate substantially higher than a year ago. It's a good
sign that people like our new '97 models and they're buying them."

Chrysler's U.S. sales for September totaled 183,664 vehicles, compared
with 157,004 a year ago. That was an increase of 22 percent based on
daily selling rate. It represented the best September for Chrysler
since 1986, when sales of 212,327 set a record.

Chrysler passenger car sales were up 17 percent, with September
records for Dodge Stratus and for the combined total of Chrysler's
compact JA body cars. Dodge Neon also set a September record.

Chrysler light truck sales were up 24 percent, breaking a September
record established in 1994. Among the individual monthly records were
sales of Dodge Ram Pickup, Dodge Caravan, Chrysler Town & Country,
Jeep Cherokee and Jeep Grand Cherokee. The Town & Country total
contributed to a new September record for Chrysler Corporation
minivans.

For the calendar year's first nine months, U.S. sales totaled a record
1,886,001, compared with 1,642,644 in 1995. The previous nine-month
record was 1,696,982 in 1988.

Chrysler's U.S. sales also set numerous records for the 1996 model
year, the 12-month sales period that ended September 30, 1996. Among
them:

-- Total sales. Chrysler sold 2,407,700 vehicles from October 1, 1995,
through September 30, surpassing the previous best of 2,186,128 set in
1994.

-- Truck sales were 1,579,060 compared with 1,363,546 in 1994, the
previous record model year.

-- Minivan. Chrysler Corporation sold 542,715 Chrysler, Dodge and
Plymouth minivans in the model year, breaking the 1994 all-time record
of 524,419.

-- Dodge Division, including model-year records for Dodge trucks, the
Ram Pickup and the Caravan minivan.

-- Jeep/Eagle Division, with individual model-year record sales of
Jeep Grand Cherokee, Cherokee and Wrangler.

Model-year records also were set for three of Chrysler's four car
groups:

-- Small cars: Dodge and Plymouth Neon.
-- Compacts: Chrysler Cirrus, Dodge Stratus and Plymouth Breeze.
-- Sports coupes: Dodge Avenger and Chrysler Sebring.

CHRYSLER MONTHLY SALES SUMMARY

DATA THROUGH SEPTEMBER 30, 1996
                                     MONTH                CYTD
                                 1996      1995      1996      1995
-------------------------------------------------------------------
TOT VEHICLE UNITS              183664    157004   1886001   1642644
% change from previous year       22%                 14%
-------------------------------------------------------------------

CAR

DOMESTIC    UNITS               57070     50309    657025    607054
% change from previous year       18%                  8%

IMPORT      UNITS                 803      1331      4692     12203
% change from previous year      -37%                -62%

TOTAL       UNITS               57873     51640    661717    619257
% change from previous year       17%                  6%
-------------------------------------------------------------------

TRUCK

DOMESTIC    UNITS              125791    105364   1224284   1023387
% change from previous year       24%                 19%

IMPORT      UNITS                   0         0         0         0
% change from previous year        0%                  0%

TOTAL       UNITS              125791    105364   1224284   1023387
% change from previous year       24%                 19%
-------------------------------------------------------------------

DIVISION

CHRY/PLYM   UNITS               45568     38588    487802    435619
% change from previous year       23%                 11%
-------------------------------------------------------------------

DODGE       UNITS               91235     81699    994432    846908
% change from previous year       16%                 17%
-------------------------------------------------------------------

JEEP/EAGLE  UNITS               46861     36717    403767    360117
% change from previous year       33%                 12%
-------------------------------------------------------------------
SELLING DAYS                       24         25       231      230

ALL CHANGES COMPUTED ON A DAILY RATE BASIS
SALES REPORTING & ANALYSIS                               10/01/96