Chrysler Group Reports May 2005 Certified Pre-Owned Vehicle (CPOV) Sales
07 Juin 2005 - 11:10PM
PR Newswire (US)
Chrysler Group Reports May 2005 Certified Pre-Owned Vehicle (CPOV)
Sales AUBURN HILLS, Mich., June 7 /PRNewswire-FirstCall/ --
Chrysler Group reported sales of its Certified Pre-Owned Vehicles
(CPOV) for May 2005 of 7,961 units, a decrease of 6 percent from
May 2004 sales of 8,466 units. Year-to-date sales are 44,523 units,
an increase of 5 percent from the same period last year and
outpacing the overall industry CPOV segment growth of 3 percent.
Chrysler Group's May marketshare in the CPOV segment held steady at
6.2 percent. Year-to-date marketshare improved over the same period
in 2004 to 6.7 percent from 6.5 percent. "Our industry-leading,
comprehensive certified used vehicle warranty continues to resonate
with customers," said Ray Fisher, Chrysler Group Vice President -
Sales and Service and Parts Operations. "In fact, the comprehensive
and long-term coverage of our CPOV program enabled the Chrysler
Group to be one of only two volume companies in the CPOV segment to
increase its share this year. We are in a great position to build
momentum from this month as we move into the summer selling
season." 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 2000 through 2005 model pre-owned vehicle with less than
65,000 miles, and pass a stringent 125 point inspection. Chrysler
Group certified pre-owned vehicles are backed by an 8- year/80,000
mile powertrain limited warranty, a 3-month or 3,000 mile maximum
care warranty, 24-hour, 365 day full roadside assistance, and $35
per day rental car allowance. Marketed as "Brand Spankin' Used,"
Chrysler Group's Certified Pre-Owned Vehicles are sold only through
Dodge, Chrysler and Jeep(R) dealerships who have earned the 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 2,400 Chrysler
Group dealerships in the U.S. are certified Five Star dealers.
DATASOURCE: Chrysler Group CONTACT: Kevin McCormick of Chrysler
Group, +1-248-512-6218, Web site:
http://www.media.daimlerchrysler.com/
http://www.daimlerchrysler.com/
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