The Chrysler Group continues to power forward in May 2012
In May 2012, the Chrysler Group posted a year over year growth of 30%. This made them the third best company in the American auto industry in terms of growth rate and with 155,041 vehicles sold; the five brands of Chrysler combined for the fourth best total in the US in terms of sales volume. Chrysler was bested in growth only be Toyota and Honda who both saw massive gains compared to May 2011 but that wasn’t due to a spike in sales this year but instead, the two Japanese automakers had normal months this year after being pummeled by the natural disasters in Japan last spring.
Among automakers not directly hit by the earthquake and tsunami of 2011, the Chrysler Group was the strongest auto company in the US once again for May. This marks Chrysler’s 26th consecutive month where the group has shown year over year gains – that is over two straight years where Chrysler has posted an improvement compared to the same month a year prior.
The Fiat brand posted its fourth consecutive monthly sales record with an impressive 4,003 examples of the company Fiat 500 sold last month. This is the most vehicles Fiat has sold in the US since being re-introduced to the US, bringing about a 128% gain compared to the numbers from May 2011. On the year, Fiat has sold 432% more vehicles in 2012 than they did in the first five months of 2011 and with the introduction of the 500 Abarth and the upcoming electric 500, Fiat could see things continue to boom. With 128% improvement, Fiat was the top automotive brand in the US in terms of growth – besting even Toyota as the Japanese automaker bounced back from the rough spring of 2011.