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Chrysler Group Reports U.S. October Sales - They Stink!

AUBURN HILLS, Mich., Nov. 1, 2002; Chrysler Group reported U.S. sales of 150,254 units in October 2002, a 31 percent decline compared to October 2001, when 209,478 vehicles were sold.

All percentages were calculated on a day-rate basis, with 27 selling days in October 2002, versus 26 days in October 2001.

"Last month's year-over-year sales comparison was not unexpected. The industry hit an all-time record seasonally adjusted annual rate (SAAR) of 21.5 million vehicles in October 2001," said Gary Dilts, Senior Vice President - Sales. "The industry will be well short of that in October 2002."

In the high-volume, highly competitive truck segment, Dodge Ram held its own with sales of 28,218 units. For the calendar year, Ram truck posted sales of 331,537 units compared to last year when there were 287,344 units sold, an increase of 44,193 units or 15 percent. "The all-new Ram Heavy Duty pickup trucks are in dealer showrooms now and selling as fast as they are arriving," said Dilts.

Dodge Neon had another solid sales month with 9,173 units sold, up 19 percent compared to last year. This is the fifth consecutive month Neon has reported positive sales.

"Even with October's sales numbers down compared to last year's uncharacteristically high results, we remain optimistic that we have the products consumers desire, and we back them with our seven-year / 70,000-mile powertrain warranty, the best in the industry," added Dilts.

       DaimlerChrysler Corporation U.S. Sales Summary Thru October 2002
                              Month Sales  DR %        Sales CYTD       DR %
           Model         Curr Yr   Pr Yr  Change    Curr Yr     Pr Yr  Change
    Cirrus                     0        0     0%          0        371  -100%
    Sebring Sedan          3,557    7,148   -52%     50,818     47,253     8%
    Sebring Coupe            786    1,805   -58%     10,744     14,166   -24%
    Sebring Convertible    1,953    3,976   -53%     39,956     40,491    -1%
    Concorde               1,957    4,077   -54%     26,838     25,503     5%
    300M                   2,480    4,571   -48%     27,906     30,149    -7%
    LHS                        0      511  -100%        552      8,308   -93%
    Prowler                   58      122   -54%      1,250        860     0%
    CHRYSLER CAR          10,791   22,210   -53%    158,064    167,101    -5%
    PT Cruiser             9,537   14,611   -37%    121,391    119,974     1%
    Voyager                1,958    4,271   -56%     33,629     38,552   -13%
    Town & Country         7,772   13,250   -44%    107,609    118,143    -9%
    CHRYSLER TRUCK        19,267   32,132   -42%    262,629    277,009    -5%
    CHRYSLER BRAND        30,058   54,342   -47%    420,693    444,110    -5%
    Wrangler               4,052    6,899   -43%     54,984     58,696    -6%
    Cherokee                   0    1,155  -100%          0     74,004  -100%
    Liberty               14,792   15,993   -11%    139,314     61,052   128%
    Grand Cherokee        17,626   23,989   -29%    178,801    182,530    -2%
    JEEP BRAND            36,470   48,036   -27%    373,099    376,282    -1%
         CP CAR           10,791   23,073   -55%    158,669    197,719   -20%
         CPJ TRUCK        55,737   80,168   -33%    635,728    653,291    -3%
    CPJ DIVISION          66,528  103,241   -38%    794,397    851,010    -7%
    Neon                   9,173    7,405    19%    109,388     93,557    17%
    Stratus Sedan          6,186    7,245   -18%     77,024     78,165    -1%
    Stratus Coupe          1,035    2,362   -58%     16,914     19,434   -13%
    Avenger                    0        0     0%          0        143  -100%
    Intrepid               5,568    8,164   -34%     96,533     95,732     1%
    Viper                     54       91   -43%      1,389      1,172    19%
    DODGE CAR             22,016   25,267   -16%    301,248    288,203     5%
    Dakota                 8,043   15,033   -48%    114,086    130,691   -13%
    Ram P/U               28,218   30,255   -10%    331,537    287,344    15%
    Caravan               15,155   20,310   -28%    207,787    204,952     1%
    Durango                8,218   12,304   -36%     91,875    111,307   -17%
    Ram Wagon                 92      519   -83%     10,608     17,148   -38%
    Ram Van                1,984    2,549   -25%     22,575     31,191   -28%
    DODGE TRUCK           61,710   80,970   -27%    778,468    782,633    -1%
    DODGE DIVISION        83,726  106,237   -24%  1,079,716  1,070,836     1%
    TOTAL CAR             32,807   48,340   -35%    459,917    485,922    -5%
    TOTAL TRUCK          117,447  161,138   -30%  1,414,196  1,435,924    -2%
    TOTAL CAR & TRUCK    150,254  209,478   -31%  1,874,113  1,921,846    -2%
    Total Minivan         24,885   37,831   -37%    349,025    361,987    -4%
    Total Sport Utility   44,688   60,340   -29%    464,974    487,589    -5%
    Selling Days              27       26               256        256