Fiat

Chrysler increased its sales with new models

Chrysler increased its sales with new modelsU.S. Chrysler Group, which is controlled by Italy’s Fiat, announced
March, growth in worldwide sales by 24 percent over the same month last year, warned that the supply outside of North America slows in February.

Global deliveries reached 164,000 vehicles last month and three months of 2011sales grew 18% to around 394,000 units. As you know less than 32 percent of growth is determined by the Executive Director of Chrysler and Fiat, Sergio Marchioness, this year.

According to the framework plan for the recovery of the company, which was created by Marchioness, Chrysler will have this year to sell two million vehicles. For the first time the work plan at a profit, and which avoided bankruptcy in 2009 with financial support from the U.S. administration and technical assistance from Fiat, which provide the technology for smaller, more fuel efficient vehicles.

Chrysler expects sales outside North America starts to increase, when new or modified models arrive in Europe, said the head of international operations Mike Manley.

Sales outside North America increased 1.6% compared with March 2010. About 14000, which is significantly less than the supply growth of 8.6% in countries outside the continent, the company said in February.