DaimlerChrysler Corporate - Chrysler Group Accelerates CPOVi
 

DaimlerChrysler Corporate - Chrysler Group Accelerates CPOV, Certified Pre-Owned Vehicle, Sales in February 2007

Continuing on the momentum started in January, the Chrysler Group reported that its Five Star(R) dealers set a new February record of 10,187 Certified Pre-Owned Vehicle (CPOV) sales in 2007, a 9 percent increase compared with February 2006 sales of 9,309 units. Year-to-date sales also set a new record with 19,298 units, rising 9 percent from year-to-date sales in 2006.

Boosted by sales of the Jeep(R) Grand Cherokee (1,215 units) and the Jeep Liberty (669 units), total Jeep sales accelerated 31 percent in February. In addition, both Dodge and Chrysler brand sales rose 4 percent for the month. Year-to-date sales were also up across the board with Chrysler brand up 6 percent, Jeep brand up 26 percent and the Dodge brand up 3 percent



"With America's Hottest Product's offered at our Five Star dealers, Chrysler, Jeep and Dodge brands appeal to customers on many levels and continue to set sales records," Peter Grady, Director -- DaimlerChrysler Motors Remarketing, said. "In our quest to deliver a great product to our customers, vehicles undergo a rigorous 125-point inspection to ensure only the highest quality products are driven off our Five Star lots."

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 pre-owned 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.