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Chrysler's sales rise 20 pct in June on strong demand across lineup
DETROIT (AP) ¯¯¯ Chrysler says its U.S. sales rose 20 percent in June on strong demand for the 300 sedan and other vehicles.
Sales of Chrysler's best-seller, the Ram pickup, increased 12 percent as home building perked up. Sales of the Fiat 500 small car more than doubled over last June.
The automaker's sales increase last month was in line with expectations for overall industry growth of about 20 percent. A year earlier, sales were weaker because the Japanese earthquake depleted supplies. Other automakers report sales later Tuesday.
The pace of U.S. sales is cooling somewhat from the start of the year. But so far, carmakers aren't panicking.
They say underlying demand remains strong, and new models like the Ford Escape and Dodge Dart will draw out buyers. Chrysler sold 200 Darts last month.