Fiat Chrysler US sales rise 6 percent in April
Source: AP-Excite
By TOM KRISHER
DETROIT (AP) — Led by record sales of Jeeps, Fiat Chrysler posted a 6 percent U.S. sales gain last month, a sign that Americans continued to buy cars and trucks at a brisk pace.
But the results fell a little short of analysts' predictions, also showing that auto sales growth could be slowing.
Fiat Chrysler said it sold just over 189,000 cars and trucks for its best April since 2007. The Jeep brand posted its best monthly sales at nearly 72,000, up 20 percent from a year ago.
The Cherokee compact SUV led the way with a 27 percent increase to just over 19,000, while the brand sold more than 4,200 new Renegade subcompact SUVs in their first full month at dealerships. Sales of the Ram pickup, Fiat Chrysler's top-selling vehicle, rose only 3 percent to just under 38,000, but that was still the best April ever for the trucks.
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FILE - In this Jan. 5, 2015 file photo, Ram pickup trucks are on display on the lot at Landmark Dodge Chrysler Jeep RAM in Morrow, Ga. The major automakers report April sales on Friday, May 1, 2015. (AP Photo/John Bazemore, File)
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