Chrysler Group Announces April 2007 Certified Pre-Owned Vehicle (CPOV) Sales

AUBURN HILLS, Mich., May 7 /PRNewswire-FirstCall/ -- The Chrysler Group reported that its Five Star(R) dealers sold 10,393 Certified Pre-Owned Vehicles (CPOV) in April 2007, a 2 percent decline from the same month last year (2006: 10,586). On a positive note, year-to-date sales were up 6 percent to 42,623 units (2006: 40,357).

For the month, Chrysler brand sales declined 7 percent to 3,580 units. Jeep(R) brand sales increased 8 percent to 2,500 units and Dodge brand sales dipped 2 percent to 4,313 units. Vehicle sales highlights for the month include the Chrysler 300/300C up 45 percent; the Chrysler Pacifica up 7 percent and the Jeep Liberty up 17 percent. Dodge Magnum sales also increased 29 percent year-to-date.

"April was a soft month industrywide for used vehicle sales," said Peter Grady, Director -- DaimlerChrysler Motors Remarketing. "Our dealers took a breather from their record-setting pace, but still delivered excellent sales results."

The 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 2002 through 2007 model preowned vehicle with less than 65,000 miles and pass a stringent 125- point inspection. The Chrysler Group's CPO vehicles are backed by an eight- year/80,000-mile powertrain limited warranty, 24-hour, 365-day full roadside assistance with a $35 per day rental car allowance and a three-month or 3,000- mile Maximum Care warranty, in addition to a Carfax Vehicle History Report and buyback guarantee.

Marketed as "Brand Spankin' Used(R)," the Chrysler Group's CPO vehicles are sold only through Chrysler, Jeep and Dodge dealerships that 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 2,100 Chrysler Group dealerships in the United States are certified Five Star dealers.

Chrysler Group