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Post by bot on Dec 4, 2013 0:24:10 GMT -5
Chrysler streak of sales gains hits 44 months NEW YORK (MarketWatch) -- Chrysler Group LLC on Tuesday said its November U.S. sales rose 16% to 142,275 units, the best November result since 2007. The November sales boosted Chrysler's number of consecutive year-over-year sales gains to 44 months. Chrysler had been expected to post a 14% rise to 139,000 units, according to Michael Ward, an analyst at Sterne Agee. Overall U.S. car sales are expected to rise to an annual rate of between 15.7 million and 15.9 million in November, according to Elaine Kwei, an analyst at Jefferies. Chrysler's total car sales fell 7% to 33,967 units while total truck sales jumped 26% to 108,308 units. Sales of Chrysler's Jeep brand rose 30% in November to 45,415 units, its strongest November result ever, the company said. Chrysler is majority owned by Fiat .
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