The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

Chrysler Group June 2004 Sales Increase 1 Percent, Second Quarter Sales Increase 2 Percent

* June 2004 Sales Exceed 2003 Sales by 10,290, all retail * Monthly Sales Increase Eight of Past Nine Months * Chrysler Group Achieves Third Consecutive Quarter of Increased Year- Over-Year Sales * 2004 Year-to-Date Sales Surpass 2003 Year-to-Date Sales by 2 Percent * Chrysler 300 Sales Continue to Rise; Sales Surpass 12,000 Units for June * Industry-Leading Dodge Caravan With Stow 'N Go Seating Continues Segment Leadership; Sales Rise 7 Percent

AUBURN HILLS, Mich., July 1 -- Led by consistent monthly, quarterly and year-to-date retail sales results, Chrysler Group reported sales of 209,252 units, an increase of 1 percent over June 2003 sales of 198,962 units. Eight of the past nine months have resulted in sales increases for the Chrysler Group. Quarterly sales for Chrysler Group increased 2 percent to 618,394 units, achieving three consecutive quarters of year-over-year sales growth. Sales are calculated on a day-rate adjusted basis.

"The consistent results this quarter and our rise in monthly retail sales showcase the appeal of our segment leading products," said Gary Dilts, Chrysler Group Senior Vice President - Sales. "These products have established themselves in the market and are the foundation for our improved year-to-date sales."

Chrysler brand posted a new quarterly sales record with 163,138 units, a 21 percent increase over second quarter totals from 2003. For the month, Chrysler brand sales increased 9 percent to 54,314 units. Quickly establishing itself as a leader in its segment, the award-winning Chrysler 300 continued its strong sales momentum, posting sales of 12,065 units for June 2004 and achieving a second consecutive month of sales in excess of 12,000 units.

"The Chrysler 300 has reignited America's passion for cars," said Dilts. "The award of 'Best Sedan' by the readers of Autoweek magazine for the Chrysler 300C confirms what we already knew -- that this is a great car."

Jeep(R) brand sales were 113,901 units for the quarter, an increase of 5 percent over 2003 second quarter sales. Jeep brand sales for the month decreased 5 percent to 33,459 units. Jeep Liberty posted record monthly sales of 13,579 units during June, an increase of 7 percent.

For the quarter, 341,355 Dodge brand vehicles were sold, decreasing 5 percent. For the month, Dodge brand sales declined 1 percent. The industry leading Dodge Caravan with Stow N' Go seating posted sales of 74,415 units during the second quarter, an increase of 7 percent over second quarter 2003. For the month, Dodge Caravan sales increased 7 percent to 25,652 units.

"Our retail sales increase for the Dodge brand is driven by Caravan, Durango and now, Magnum sales," said Dilts.

The new shape of American muscle, Dodge Magnum, is arriving at dealerships daily with the legendary Hemi(R) V-8 engine and rear-wheel drive. Anticipation for the arrival of the Magnum is high, with dealer orders for the vehicle exceeding 38,000 units.

"The major economic indicators are hitting all cylinders now," said Dilts. "The economy is gaining momentum, consumer confidence is at its highest levels since June 2002, while the employment picture looks solid. Plus, we've got the right products at the right time."

Chrysler Group finished the month with 605,600 units of inventory, a 72 day supply.

Note: For those who report sales figures on an unadjusted basis, Chrysler Group monthly sales increased 5 percent to 209,252 units. Second quarter sales increased 2 percent to 618,394 units.

      DaimlerChrysler Corporation U.S. Sales Summary Thru June 2004

                            Month Sales  DR %        Sales CYTD       DR %
         Model         Curr Yr   Pr Yr  Change   Curr Yr     Pr Yr   Change
  Sebring               12,482   10,229    17%     61,130     56,104     8%
  Concorde                 313    3,228   -91%      3,217     20,317   -84%
  300                   12,446    2,102   468%     40,793     15,504   161%
  Prowler                    0      103  -100%          0        511  -100%
  Crossfire              1,439        0     0%      7,636        275  2659%
  PT Cruiser             8,991   10,711   -19%     62,623     62,014     0%
  Pacifica               5,888    6,642   -15%     39,885     11,470   245%
  Town & Country        12,755   14,544   -16%     71,314     78,456   -10%
    CHRYSLER BRAND      54,314   47,834     9%    286,598    244,651    16%
  Wrangler               6,963    6,599     1%     44,709     33,271    33%
  Liberty               13,579   12,147     7%     86,319     78,105    10%
  Grand Cherokee        12,917   15,099   -18%     95,118     89,728     5%
    JEEP BRAND          33,459   33,845    -5%    226,146    201,104    12%
  Neon                   9,774    9,900    -5%     64,098     65,927    -3%
  Stratus               12,711   11,653     5%     58,748     60,176    -3%
  Intrepid                 477    9,528   -95%      6,434     52,116   -88%
  Viper                    205      201    -2%        984      1,245   -21%
  Magnum                 4,906        0     0%      7,226          0     0%
  Dakota                10,127    9,926    -2%     55,690     59,525    -7%
  Ram P/U               39,605   41,115    -8%    218,369    218,301    -1%
  Caravan               25,652   22,925     7%    131,367    133,411    -2%
  Durango               15,885    9,669    58%     70,304     55,848    25%
  Ram Van/Wagon          1,069    2,272   -55%      5,240     12,634   -59%
  Sprinter Van           1,068       94   991%      4,694        298  1465%
    DODGE BRAND        121,479  117,283    -1%    623,154    659,481    -6%

  TOTAL CHRYSLER GROUP 209,252  198,962     1%  1,135,898  1,105,236     2%

        TOTAL CG CAR    51,894   47,219     6%    251,775    272,175    -8%
        TOTAL CG TRUCK 157,358  151,743     0%    884,123    833,061     5%
  Selling Days              25       24               153        152