This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Chrysler's April Sales Rise 20%

DETROIT ( TheStreet) -- Chrysler reported its highest April sales total in four years as sales rose 20%.

The automaker, the first to report April results, said sales totaled 141,165 units, up from 117,225 in April 2011, with sales records by five models: the Fiat 500, Chrysler 200, Dodge Challenger, Jeep Wrangler and Dodge Avenger.

"April was another strong month for Chrysler as our sales increased 20%, we recorded our 25th-consecutive month of year-over-year sales growth and we reported our strongest quarterly profit in 13 years," said Reid Bigland, Dodge brand CEO. "This business is all about product and the quality and fuel efficiency of our current vehicle line-up has never been better."

Chrysler brand sales rose 56% in April, with sales of the Chrysler 300 up 138%. Jeep brand sales rose 19%, with Wrangler sales up 35%. Dodge brand sales rose 2%.

-- Written by Ted Reed in Charlotte, N.C.

>To contact the writer of this article, click here: Ted Reed

>To follow the writer on Twitter, go to http://twitter.com/tedreednc.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
SYM TRADE IT LAST %CHG
AAPL $125.01 0.00%
FB $78.10 0.00%
GOOG $524.22 0.00%
TSLA $230.43 0.00%
YHOO $41.66 0.00%

Markets

DOW 17,841.98 -86.22 -0.48%
S&P 500 2,080.15 -9.31 -0.45%
NASDAQ 4,919.6440 -19.6830 -0.40%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs