Chrysler LLC Posts Record Certified Pre-Owned Vehicle (CPOV) Sales Growth in 2007

    AUBURN HILLS, Mich., Jan. 9 /PRNewswire/ --

   -- Sixth consecutive year of sales growth
   -- Year-to-date sales rise 5 percent from 2006 totals
   -- Chrysler year-over-year certified-used vehicle growth rate has more
      than doubled the industry segment
   -- Chrysler LLC has the fastest growing CPOV brand for the past six years

Posting its sixth consecutive year of sales growth, Chrysler LLC reported that its Chrysler, Jeep(R) and Dodge dealers sold 122,028 Certified Pre-owned Vehicles (CPOV) year-to-date in 2007, a 5 percent increase from 2006 sales of 116,577 units.

For the year, Chrysler brand sales increased 2 percent to 39,924 units; Jeep brand sales jumped 12 percent to 31,388 units and Dodge brand sales rose 2 percent to 50,716 units.

Select certified-used vehicles posted improvement across all three brands in 2007 including the Chrysler 300 with sales up 34 percent to 6,711 units; Jeep Liberty sales were up 9 percent to 8,926 units and Dodge Ram pickup truck climbed 4 percent to 10,835 units. For the month of December, sales declined 5 percent to 8,860 units.

"As the fastest growing CPOV brand for the past six years, 2007 was another record year for our Brand Spankin' Used(R) brand," Peter Grady, Director - Remarketing, said. "However, it is important to note we could not sustain this type of record-breaking success without our solid dealer network, who work diligently each month to sell certified-used vehicles and invite new customers to Chrysler's CPOV brand."

Chrysler offers one of the most comprehensive Certified Pre-owned Vehicle programs in the industry. For a vehicle to be certified under Chrysler's used-vehicle program, it must be a 2003 through 2008 model pre-owned vehicle with less than 65,000 miles and pass a stringent 125-point mechanical, safety and condition standard inspection. Chrysler certified-used 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," Chrysler Certified Pre-Owned Vehicles are sold only through Chrysler, Jeep and Dodge dealerships that have had a comprehensive validation of the dealership's facilities, operational processes, salesperson and technician training accreditation before they are authorized to sell Chrysler Certified Pre-Owned Vehicles.

Used vehicle shoppers can learn more about Chrysler's Brand Spankin' Used Certified Pre-owned Vehicle program as well as find detailed inventory and dealer listings online at www.brandspankinused.com or by searching independent, used, vehicle search engines including AutoTrader.com, Cars.com, AutoExtra.com and AutoMart.com.