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Business & Finance

Chrysler September sales steady

NEW YORK : US number three automaker Chrysler turned in steady sales in September despite the weak economy, the company
Published Updated

ChryslerNEW YORK: US number three automaker Chrysler turned in steady sales in September despite the weak economy, the company announced Monday.

Total sales for the month were 127,334 vehicles, slightly lower than the August rate of 130,119, but 27 percent higher than September 2010, when the industry was still struggling to pull out of recession.

"September was also our 18th consecutive month of year-over-year sales growth, and we have now gained more retail market share than anyone else in the country," said Chrysler US sales chief Reid Bigland in a statement.

"There is no double dip downturn going on around here."

Chrysler said that industry-wide, September sales were at a pace equivalent to 13.2 million annually, a level last seen in 2007, the year before the economy plunged into recession.

 

Copyright AFP (Agence France-Presse), 2011

 

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