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Chrysler Group Reports U.S. March Sales

AUBURN HILLS, Mich., April 1, 2003; Chrysler Group reported sales of 201,941 units in March 2003, a three percent decline compared with March 2002, calculated on a day-rate basis.

"Despite the economic effects of the military conflict in the Middle East, we're still seeing car and truck shoppers in Chrysler, Jeep® and Dodge dealerships," said Gary Dilts, Chrysler Group Senior Vice President - Sales. "The Chrysler Group held its own in March because we're cutting through the clutter and reaching consumers."

"We plan to continue our 'Best Values in America' message in April because it provides a point of clarity for consumers," added Dilts. "The campaign combines our product, our warranty and incentive messages into one package that clearly offers the best car and truck values in the U.S. automotive market today."

Many of the Chrysler Group's volume models posted year-over-year gains.

Chrysler Group's top seller for the month was the Dodge Ram pickup truck. Dodge sold 38,931 units of the Ram in March, an increase of 14 percent compared to March 2002 when 35,457 vehicles were sold. Chrysler Group reported Dodge Dakota pickup truck sales of 11,620 units, up two percent over last year, which helped drive total Dodge truck sales up six percent compared to March 2002.

Chrysler Group minivan sales of 45,165 units were up five percent over last year. Dodge sold 29,671 Caravans, up 12 percent compared to March 2002, and Chrysler sold 13,307 Town & Country minivans, up nine percent over last year.

Jeep Liberty posted sales of 14,760 units, an increase of 22 percent compared to last year when there were 12,594 units sold. Also making sales gains was the Jeep Wrangler, with sales of 5,497 units, an increase of eight percent compared to year-earlier levels. Total Jeep brand sales were up four percent compared to March 2002.

The all-new Chrysler Pacifica reached showrooms in late March. Dilts commented that all indications are that this innovative new vehicle is off to a fast start in the market.

"Early reaction from dealers and consumers is that Pacifica will clearly be the vehicle of choice in its segment," added Dilts.

Regarding the industry as a whole, Dilts said the general economic environment is still favorable for new vehicle sales.

"Industry analysts tell us the affordability index for new vehicles is the best it's been in the past 25 years," he noted. "We have been translating that in very clear terms for consumers by positioning our products along with a seven-year, 70,000-mile fully transferable powertrain warranty, and very competitive incentives that together equal the 'Best Values in America'."

Chrysler Group finished the month with 535,786 units of inventory, or a 69-day supply that is in-line with industry standards.

        DaimlerChrysler Corporation U.S. Sales Summary Thru March 2003

                                Month Sales      DR %    Sales CYTD       DR %
             Model            Curr Yr   Pr Yr  Change  Curr Yr   Pr Yr  Change
    Sebring                   10,525   13,302   -18%   24,940   32,828   -23%
    Concorde                   2,718    2,683     5%   10,186    8,270    25%
    300M                       2,452    2,930   -13%    8,020    7,601     7%
    LHS                            0       88  -100%        0      309  -100%
    Prowler                      200      200     4%      257      535     0%
    CHRYSLER CAR              15,895   19,203   -14%   43,403   49,543   -11%
    PT Cruiser                11,054   14,015   -18%   30,754   35,671   -13%
    Pacifica                     551        0     0%      551        0     0%
    Voyager                    2,187    4,528   -50%    5,104   10,751   -52%
    Town & Country            13,307   12,703     9%   29,665   31,806    -5%
    CHRYSLER TRUCK            27,099   31,246   -10%   66,074   78,228   -14%
    CHRYSLER BRAND            42,994   50,449   -11%  109,477  127,771   -13%
    Wrangler                   5,497    5,263     8%   13,227   12,387     8%
    Liberty                   14,760   12,594    22%   37,205   34,880     8%
    Grand Cherokee            17,965   20,175    -8%   42,521   51,307   -16%
    JEEP BRAND                38,222   38,032     4%   92,953   98,574    -4%
         CP CAR               15,895   19,367   -15%   43,403   49,923   -12%
         CPJ TRUCK            65,321   69,278    -2%  159,027  176,802    -9%
    CPJ DIVISION              81,216   88,645    -5%  202,430  226,725   -10%
    Neon                      11,324   11,795     0%   32,156   31,588     3%
    Stratus                   10,060   12,378   -16%   25,219   29,501   -13%
    Intrepid                   7,448   14,372   -46%   21,666   30,575   -28%
    Viper                        143      158    -6%      589      369    62%
    DODGE CAR                 28,975   38,703   -22%   79,630   92,033   -12%
    Dakota                    11,620   11,825     2%   27,980   29,882    -5%
    Ram P/U                   38,931   35,457    14%   97,474   93,729     5%
    Caravan                   29,671   27,427    12%   63,951   61,768     5%
    Durango                    9,586   10,865    -8%   25,088   27,154    -6%
    Ram Wagon                      0    1,597  -100%        0    3,949  -100%
    Ram Van                    1,942    2,639   -24%    5,224    6,959   -24%
    DODGE TRUCK               91,750   89,810     6%  219,717  223,441     0%
    DODGE DIVISION           120,725  128,513    -2%  299,347  315,474    -4%
    TOTAL CAR                 44,870   58,070   -20%  123,033  141,956   -12%
    TOTAL TRUCK              157,071  159,088     3%  378,744  400,243    -4%
    TOTAL CAR & TRUCK        201,941  217,158    -3%  501,777  542,199    -6%
    Total Minivan             45,165   44,658     5%   98,720  104,325    -4%
    Total Sport Utility       47,808   48,897     2%  118,041  125,728    -5%
    Selling Days                  26       27              75       76