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Chrysler Sets October Sales Record

4 November 1998

Chrysler Sets October Sales Record
    AUBURN HILLS, Mich., Nov. 3 -- Chrysler Corporation
sold 226,179 vehicles last month, a 20 percent surge over last year and its
fourth sales record in the last six months.
    "With Day One of DaimlerChrysler rapidly approaching, this is yet another
sign that both companies are entering the merger with great momentum," said
James Holden, Executive Vice-President of Sales and Marketing.
    "Sales continue to be very strong, and consumers don't appear to be
reading consumer confidence reports," Holden said.
    Chrysler set 17 sales records in October, including a Corporate total of
226,179, which bested an October 1996 record of 205,393.  Truck sales were
158,820, up 17 percent over last year, marking the 11th time in 12 months that
Chrysler truck sales have been record-setting.  Passenger car sales, also
strong, were 67,359, up 27 percent over last October.  Sales of sport utility
vehicles continued to build momentum as well, tallying 59,273 for the month, a
29 percent jump over last October's sales.
    Sales of Chrysler brand vehicles were 27,826 units in October, a 35
percent increase over last year.  Chrysler Concorde led the brand, posting
5,945 in volume, a 233 percent increase over last October and the second
consecutive month Concorde sales have set a record.  The newly-launched 300M
also came on strong, with sales of 4,794 for the month, a nine percent jump
over last month.  Chrysler's LHS sales totaled 2,384, a 335 percent leap for
that model over last year.  Jeep brand vehicles also posted brisk sales during
October, with the Jeep Wrangler selling 7,783, a 25 percent increase, and the
Jeep Cherokee selling 14,763 units, a 21 percent increase over October 1997.
    Sales of Dodge brand vehicles continued on a record pace, with the
Division as a whole posting sales of 133,014, the 12th consecutive month in
which Dodge has set a division record.  Dodge Truck sales made up 100,652 of
the total, a 37 percent rise versus last year.  Dodge Cars, meanwhile, posted
a total of 32,362 in unit sales, pushing ahead of last October's total by
23 percent.  The Dodge Ram Pickup led the truck pack, with sales of 42,813, a
33 percent increase, and the sixth consecutive record-setting sales month for
the Ram Pickup.  Dodge Dakota also continued its forward momentum, recording
sales of 13,737, a 16 percent rise over the previous October, and the 7th
consecutive month in which Dakota has set a sales record.  Dodge Intrepid sold
11,675 units, a 183 percent surge over last October and a monthly high for the
Intrepid, surpassing an October best set in 1994.  Sales of the Dodge Durango
-- 17,683 for the month -- represented a 25 percent increase over last month,
and an all-time monthly high for the Durango, besting its previous benchmark
last month of 13,111 units.

                Chrysler U.S. Sales Summary, Thru October 1998

             Month   Sales   DR %   Sales   CYTD   DR %   Sales  MYTD    DR %
    Model    Curr     Pr    Change   Curr    Pr   Change  Curr    Pr    Change
              Yr      Yr              Yr     Yr            Yr     Yr
    Neon      7944   7580     5%    70485   72416  -3%    7944   7580     5%
    Breeze    4604   5030    -8%    53013   57016  -7%    4604   5030    -8%
    Prowler    153     11     NM     1311      39   NM     153     11     NM
    PLYMOUTH
     CAR     12701  12621     1%   124809  129471  -4%   12701  12621     1%
    Voyager  10899  11675    -7%   134347  134437   0%   10899  11675    -7%
    PLYMOUTH
     TRUCK   10899  11675    -7%   134347  134437   0%   10899  11675    -7%
    PLYMOUTH
     BRAND   23600  24296    -3%   259156  263908  -2%   23600  24296    -3%
    Cirrus    3290   3400    -3%    33658   25388  33%    3290   3400    -3%
    Sebring
     Coupe    2611   3107   -16%    29874   30879  -3%    2611   3107   -16%
    Sebring Convertible
              3123   4272   -27%    44616   47533  -6%    3123   4272   -27%
    Concorde  5945   1787   233%    54632   36985  48%    5945   1787   233%
    300M      4794      0     0%    21766       0   0%    4794      0     0%
    LHS       2384    548   335%    13253   28969 -54%    2384    548   335%
    CHRYSLER
     CAR     22147  13114    69%   197799  169754  17%   22147  13114    69%
    Town &
     Country  5679   7464   -24%    60580   64254  -6%    5679   7464   -24%
    CHRYSLER
     TRUCK    5679   7464   -24%    60580   64254  -6%    5679   7464   -24%
    CHRYSLER
     BRAND   27826  20578    35%   258379  234008  10%   27826  20578    35%
    Wrangler  7783   6215    25%    72495   70785   2%    7783   6215    25%
    Cherokee 14763  12193    21%   122101  105786  15%   14763  12193    21%
    Grand
    Cherokee 19044  24408   -22%   185299  213060 -13%   19044  24408   -22%
    JEEP
     BRAND   41590  42816    -3%   379895  389631  -2%   41590  42816    -3%
    Talon      149    638   -77%     2957    8847 -67%     149    638   -77%
    Vision       0    298  -100%      501    4933 -90%       0    298  -100%
    EAGLE
     BRAND     149    936   -84%     3458   13780 -75%     149    936   -84%
    CPJE CAR 34997  26671    31%   326066  313005   4%   34997  26671    31%
    CPJE
     TRUCK   58168  61955    -6%   574822  588322  -2%   58168  61955    -6%
    CPJE DIVISION
             93165  88626     5%   900888  901327   0%   93165  88626     5%
    Neon     11337  10361     9%   105833  100422   5%   11337  10361     9%
    Stratus   7355   9062   -19%    94596   82491  15%    7355   9062   -19%
    Avenger   1895   2660   -29%    21531   28667 -25%    1895   2660   -29%
    Intrepid 11675   4127   183%    88207  110517 -20%   11675   4127   183%
    Viper      100    161   -38%     1074    1265 -15%     100    161   -38%
    DODGE
     CAR     32362  26371    23%   311241  323362  -4%   32362  26371    23%
    Caravan  20742  21032    -1%   248451  243273   2%   20742  21032    -1%
    Durango  17683   3025   485%   123817    3025   NM   17683   3025   485%
    Dakota   13737  11821    16%   129527  108827  19%   13737  11821    16%
    Ram P/U  42813  32079    33%   341765  286330  19%   42813  32079    33%
    Ram Wagon  844    536    57%    14872   16899 -12%     844    536    57%
    Ram Van   4833   4773     1%    44113   50552 -13%    4833   4773     1%
    DODGE
     TRUCK  100652  73266    37%   902545  708906  27%  100652  73266    37%
    DODGE DIVISION
            133014  99637    33%  1213786 1032268  18%  133014  99637    33%
    TOTAL
     CAR     67359  53042    27%   637307  636367   0%   67359  53042    27%
    TOTAL
     TRUCK  158820 135221    17%  1477367 1297228  14%  158820 135221    17%
    TOTAL CAR & TRUCK
            226179 188263    20%  2114674 1933595   9%  226179 188263    20%
    Total Minivan
             37320  40171    -7%   443378  441964   0%   37320  40171    -7%
    Total Sport Utility
             59273  45841    29%   503712  392656  28%   59273  45841    29%
    Selling
     Days       27     27             257     257           27     27