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Chrysler Group Announces Certified Pre-Owned Vehicle (CPOV) Sales Records for May 2006

June 7, 2006 - Press Release

Chrysler Group reported that its Five Star dealers posted a record May with Certified Pre-owned Vehicle (CPOV) sales rising 28 percent to 10,176 units. Year-to-date sales also increased 14 percent to 50,539 units, establishing the company’s best year-to-date sales ever. Helping to boost May numbers to record highs, Chrysler PT Cruiser sales increased 74 percent and Jeep® Liberty sales rose 40 percent for the month. Chrysler brand posted an impressive 49 percent increase to 3,775 units, Jeep brand maintained a healthy 26 percent increase to 2,235 units and the Dodge brand increased 15 percent to 4,166 units, versus May 2005 sales. Five Star dealers have an excellent supply of CPO vehicles available. As a result, March-April-May 2006 sales of 32,795 units increased 15 percent over the previous best 90-day sales period for CPO vehicles, set in February-March-April 2005 with 28,463 units. "As warm weather continues to drive customer traffic into Five Star dealerships, Chrysler Group dealers are doing an excellent job at communicating the great value of CPO vehicles,” said Ray Fisher, Vice President – Sales, Service and Parts Operations, Chrysler Group. “In addition, the complimentary pocket-sized CPOV reference guide informs customers on the exact 125 inspection points used to deliver a dependable certified pre-owned vehicle.” 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 2001 through 2006 model pre-owned vehicle with less than 65,000 miles and pass a stringent 125 point inspection. Chrysler Group's CPO vehicles are backed by an 8-year/80,000-mile powertrain limited warranty, a 3-month or 3,000-mile Maximum Care™ warranty, 24-hour, 365-day full roadside assistance and a $35 per day rental car allowance, in addition to a CARFAX Vehicle History Report™ and Buyback Guarantee. Marketed as "Brand Spankin' Used™," Chrysler Group's CPO vehicles are sold only through Chrysler, Jeep and Dodge dealerships which 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 2,400 Chrysler Group dealerships in the U.S. are certified Five Star dealers.
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