Chrysler Group Posts Record Certified Pre-Owned Vehicle (CPOV) Sales for March and the First Quarter 2007
April 05 2007 - 2:25PM
PR Newswire (US)
AUBURN HILLS, Mich., April 5 /PRNewswire-FirstCall/ -- The Chrysler
Group reported that its Five Star(R) dealers set a Certified
Pre-Owned Vehicle (CPOV) best month and best quarter sales record
in March 2007. March sales rose 8 percent to 12,979 units (2006:
12,018) and first quarter sales increased 8 percent to 32,254 units
(2006: 29,771). All three of the Chrysler Group brands posted
increases in March: Chrysler brand sales rose 9 percent to 4,488
units; Jeep(R) brand sales accelerated 20 percent to 3,083 units
and Dodge brand sales rose 2 percent to 5,408 units. Monthly
increases were driven by successful sales of the Chrysler PT
Cruiser, Chrysler Pacifica and the Jeep Liberty. First quarter
sales of 32,254 units also set a record by exceeding the previous
record set during the second quarter of 2006 with 30,877 units.
First quarter 2007 sales were positive across the board with the
Chrysler brand up 7 percent, Jeep brand up 23 percent and the Dodge
brand up 2 percent. "Thanks in large measure to the sales
leadership at our nearly 2,100 Chrysler, Jeep and Dodge Five Star
dealers, the Chrysler Group's CPOV brand enjoyed another month of
record growth in March," said Peter Grady, Director -
DaimlerChrysler Motors Remarketing. "We greatly appreciate their
continued commitment to provide the highest quality pre-owned
Chrysler, Jeep and Dodge vehicles to our customers." The Chrysler
Group offers one of the most comprehensive Certified Pre- Owned
Vehicle programs in the industry. For a vehicle to be certified
under the Chrysler Group's used-vehicle program, it must be a 2002
through 2007 model preowned vehicle with less than 65,000 miles and
pass a stringent 125- point inspection. The Chrysler Group's CPO
vehicles are backed by an eight- year/80,000-mile powertrain
limited warranty, 24-hour, 365-day full roadside assistance with a
$35 per day rental car allowance and a three-month or 3,000- mile
Maximum Care warranty, in addition to a Carfax Vehicle History
Report and buyback guarantee. Marketed as "Brand Spankin' Used(R),"
the Chrysler Group's CPO vehicles are sold only through Chrysler,
Jeep and Dodge dealerships that have earned the automaker's Five
Star certification. Five Star certification is a comprehensive
validation of the dealership's facilities, operational processes,
salesperson and technician training accreditation as well as
customer satisfaction survey ratings. Approximately 2,100 Chrysler
Group dealerships in the United States are certified Five Star
dealers. DATASOURCE: Chrysler Group CONTACT: Christina Biache of
Chrysler Group, +1-248-512-9414 - office, +1-586-243-1569 - cell,
Web site: http://www.daimlerchrysler.com/
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