Chrysler Group Posts Highest Total Ever for Certified Pre-Owned Vehicle (CPOV) Sales in March and First Quarter 2006
AUBURN HILLS, MI – Chrysler Group reported that its Five Star dealers posted an all-time monthly sales record of 12,029 Certified Pre-owned Vehicle (CPOV) units in March, a 14 percent increase from March 2005 sales and a 29 percent jump from February 2006 results.
AUBURN HILLS, MI – Chrysler Group reported that its Five Star dealers posted an all-time monthly sales record of 12,029 Certified Pre-owned Vehicle (CPOV) units in March, a 14 percent increase from March 2005 sales and a 29 percent jump from February 2006 results. Also, the first quarter in 2006 was the best quarter ever for the Chrysler Group with sales reaching a record 29,783 units and surpassing first quarter sales last year by 7 percent.
Each Chrysler Group brand posted significant gains in March versus sales a year ago. Chrysler brand sales improved 20 percent to 4,134 units, Jeep brand sales increased 19 percent to 2,582 units and Dodge brand sales rose 8 percent to 5,313 units. First quarter sales were also up across the board; Chrysler brand sales rose 16 percent, Dodge brand sales advanced 4 percent and Jeep brand sales improved 2 percent for the year.
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 2001 through 2006 model pre-owned vehicle with less than 65,000 miles and pass a 125-point inspection. Chrysler Group's CPO vehicles are backed by an eight-year/80,000-mile powertrain limited warranty, a three-month or 3,000-mile Maximum Care warranty, 24-hour, 365-day full roadside assistance and a $35 per day rental car allowance, in addition to a Carfax Vehicle History Report and Buyback Guarantee.
Marketed as “Brand Spankin’ Used,” Chrysler Group's CPO vehicles are sold only through Chrysler, Jeep, and Dodge dealerships which 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, and customer satisfaction survey ratings. Approximately 2,400 Chrysler Group dealerships in the U.S. are certified Five Star dealers.
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