Sales of the Chrysler 300 fell 35% to 5,023 units. Year-to-date sales are down 18% to 10,348.
Chrysler spokesman Ralph Kisiel said,"Retail sales of that model were down only 6%, so it primarily is a fleet issued."
The decline is also "linked to gas prices, which were up from $3.46 a gallon to $3.72 in one month," Toprak said. "There's a very strong correlation between gas prices and large sedans."Some Chrysler buyers were evidently pushed to the smaller Chrysler 200. Its sales sale rose 18% to 11,446 in February and year-to-date are up 21% to 20,292. Overall Chrysler Group sales rose 4% to 139,015 in February. "We warned at the end of 2012 that Chrysler's big year-over-year gains would slow down, and that's exactly how it's unfolded so far this year," said Edmunds' Krebs. "Still, Chrysler managed to have its biggest February in five years."