Chrysler Group today reported a sales decline of 25% in November compared to what was also depressed month last year.
The company pointed out, however, that the Group’s market share increased slightly to 8.4% compared to October, based on a projected 11.0 million Seasonally Adjusted Annual Selling Rate (SAAR).
The Chrysler Sebring Sedan, Dodge Avenger, Dodge Journey and Dodge Grand Caravan all reported year-over-year sales increases.
However, car sales dropped 48% year-to-date and truck declined 24% in an overall market that is down roughly 24%. The flagship Chrysler brand declined 50%
The company has extended its sales incentives in an attempt to stop an industry-leading decline