Chrysler U.S. sales jump 14% in November

Fiat-controlled carmaker expects strong growth also in December

Chrysler U.S. sales jump 14% in November

Rome, December 3 - US carmaker Chrysler, majority controlled by Italy's Fiat SpA, on Monday said that its November sales in the United States increased 14% on the year-earlier period. Chrysler, which passed under Fiat's control as part of a U.S.-government backed bailout program, said in a statement it sold 122,565 vehicles in the U.S. in November, up from 107,172 a year ago. The company's performance was boosted by the Dodge and Fiat-branded cars, with Dodge sales jumping 32% - its best November performance in five years. Fiat's 500 model, the only Fiat-branded model currently sold in the US, also logged growth, albeit from a fairly modest starting point. "Regardless of all the uncertainty deriving from the imminent fiscal cliff, the Chrysler Group is well positioned to end the year with strong growth," U.S. sales manager Reid Bigland said referring to the possible automatic federal spending cuts and tax increases expected to begin in 2013 unless President Barack Obama and congress agree on reforms aimed at curtailing the country's huge deficit. "Customers are responding positively to our end-year offers, which makes us confident that we will realize high sales also in December," Bigland said.

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