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Chrysler Group Reports U.S. February Sales

AUBURN HILLS, Mich., March 1 Chrysler Group reported U.S. sales of 178,642 units in February, 2002, an 11 percent decrease compared to last year, the fourth highest February in Company history (201,636 units). Retail sales were comparable to a year ago, but overall sales declined due to lower fleet orders -- especially daily rental units.

Total sales for the month increased 27 percent over January, 2002, when measured on a daily selling rate.

``Our lineup of modern new products, like the all-new 2002 Dodge Ram and Jeep® Liberty, continue to gain momentum in a highly competitive marketplace,'' said Gary Dilts, senior vice president - Sales. ``Given the fact that last February was one of the best in our history, this month's retail sales figures show that hot products and clear brand identities, along with a strategic incentive plan, can help fuel sales in a very competitive environment.''

Total sales of Dodge Ram were 32,253 units, up 19 percent, compared to February, 2001. February was the third consecutive month that Ram truck sales have been up. Sales of the all-new 2002 Dodge Ram truck were 25,749 units, up 35 percent from last month.

``Dodge Ram's bold, in-your-face styling has been well received by consumers and dealers alike,'' added Dilts. ``Each month, sales continue to climb as truck buyers recognize the capability, performance and styling advantages of the new Ram.''

Jeep Liberty sales were 11,466 units, an increase of 10 percent from last month.

``This is further concrete evidence that no matter what the competitive conditions, Jeep Liberty is a true success in the market, even without incentives,'' said Dilts.

Several products showed dramatic improvements over the previous month, led by Chrysler PT Cruiser (up 57 percent), Dodge and Chrysler minivans (39 percent), Jeep Grand Cherokee (35 percent) and Dodge Durango (28 percent).

On February 27, Chrysler Group extended its current incentive program until March 31, 2002. This program has up to $2,500 consumer cash on select 2002 model year Chrysler, Jeep, and Dodge vehicles, plus a seven-year/100,000- mile powertrain protection pledge on all Chrysler Group vehicles.

      DaimlerChrysler Corporation U.S. Sales Summary, Thru February 2002

                                    Month Sales    DR %    Sales CYTD     DR %
    Model                           Curr    Pr   Change    Curr    Pr   Change
                                     Yr     Yr              Yr     Yr
    Neon                             72    3669   -98%     145    8245   -98%
    Breeze                            0       0     0%       0     127  -100%
    Prowler                          33     152   -78%      71     308   -77%
    PLYMOUTH CAR                    105    3821   -97%     216    8680   -98%
    Voyager                           0       0     0%       0     340  -100%
    PLYMOUTH TRUCK                    0       0     0%       0     340  -100%
    PLYMOUTH BRAND                  105    3821   -97%     216    9020   -98%
    Cirrus                            0       0     0%       0     371  -100%
    Sebring Sedan                  5758    6003    -4%   10550    9411    12%
    Sebring Coupe                   959    1556   -38%    1779    2640   -33%
    Sebring Convertible            4224    5335   -21%    7197    7729    -7%
    Concorde                       2903    3192    -9%    5587    5199     7%
    300M                           2262    3074   -26%    4671    6192   -25%
    LHS                             103    1415   -93%     221    2459   -91%
    Prowler                         192      25   668%     335      25     0%
    CHRYSLER CAR                  16401   20600   -20%   30340   34026   -11%
    PT Cruiser                    13014   13295    -2%   21656   26770   -19%
    Voyager                        3425    3792   -10%    6223    6651    -6%
    Town & Country                11158   12739   -12%   19103   21302   -10%
    CHRYSLER TRUCK                27597   29826    -7%   46982   54723   -14%
    CHRYSLER BRAND                43998   50426   -13%   77322   88749   -13%
    Wrangler                       3908    4386   -11%    7124    8491   -16%
    Cherokee                          0   10826  -100%       0   21129  -100%
    Liberty                       11466       0     0%   22286       0     0%
    Grand Cherokee                17592   19181    -8%   31132   35420   -12%
    JEEP BRAND                    32966   34393    -4%   60542   65040    -7%
         CP CAR                   16506   24421   -32%   30556   42706   -28%
         CPJ TRUCK                60563   64219    -6%  107524  120103   -10%
    CPJ DIVISION                  77069   88640   -13%  138080  162809   -15%
    Neon                          10314    8579    20%   19793   17994    10%
    Stratus Sedan                  7135   11251   -37%   14964   17137   -13%
    Stratus Coupe                  1204    1944   -38%    2159    3133   -31%
    Avenger                           0       0     0%       0     143  -100%
    Intrepid                       9009   12728   -29%   16203   20771   -22%
    Viper                           104     145   -28%     211     247   -15%
    DODGE CAR                     27766   34647   -20%   53330   59425   -10%
    Dakota                         9634   13583   -29%   18057   22200   -19%
    Ram P/U                       32253   27156    19%   58272   52334    11%
    Caravan                       19541   20413    -4%   34341   34104     1%
    Durango                        8989   11719   -23%   16289   21297   -24%
    Ram Wagon                      1290    1735   -26%    2352    3033   -22%
    Ram Van                        2100    3743   -44%    4320    7114   -39%
    DODGE TRUCK                   73807   78349    -6%  133631  140082    -5%
    DODGE DIVISION               101573  112996   -10%  186961  199507    -6%
    TOTAL CAR                     44272   59068   -25%   83886  102131   -18%
    TOTAL TRUCK                  134370  142568    -6%  241155  260185    -7%
    TOTAL CAR & TRUCK            178642  201636   -11%  325041  362316   -10%
    Total Minivan                 34124   36944    -8%   59667   62397    -4%
    Total Sport Utility           54969   59407    -7%   98487  113107   -13%
    Selling Days                     24      24             49      49