Chrysler sales in November increased 14%, due to major gains at the Fiat, Ram Truck and Dodge brands.
Chrysler and Dodge reported sales up 32%, Ram Truck 23% and Fiat’s sales increased 123% compared with the same period last year. Chrysler brand’s sales increased only 1% and volume fell 3% at Jeep. The truck sales increased 10% in November.
“We are expecting a strong December as the industry continues to recover from the East Coast hurricane and consumers continue to respond to our popular year-end Big Finish event,” Reid Bigland, head of U.S. sales operations and the Dodge brand for Chrysler, said in a statement.
Analysts expect US light-vehicle sales to increase 12% in November to 1.11 million units. Chrysler said that the November SAAR is expected to come in at about 15.3 million vehicles, including trucks. According to TrueCar.com customers bought car in the US last month at the fastest rate in the past five years.
“November was a strong month for new car sales and the impact from hurricane Sandy helped to boost auto sales to its highest since February 2008,” Jesse Toprak, senior analyst for TrueCar.com said in a report last week.