Chrysler Group Reports May 2006 Sales Decline 14 Percent

* Dodge Caliber sales surge 15 percent over April 2006 results
* Dodge Charger sales improve 15 percent over last month; Sales rise 459 percent year-over-year
* Minivan sales keep pace with previous year results
* Jeep® Grand Cherokee Diesel is announced with first quarter 2007 availability
* Jeep Commander sales show continued strength; Sales rise 20 percent over prior month results

Auburn Hills, Mich., Jun 1, 2006 –
Chrysler Group reported that U.S. sales for May 2006 declined 14 percent to 191,261 units compared to sales of 214,575 units in May 2005. Sales are reported on a day-rate adjusted basis unless otherwise indicated.

“Industry sales were soft in May and Chrysler Group sales displayed similar results,” said Gary Dilts, Chrysler Group Senior Vice President – Sales. “However, our newest model, the Dodge Caliber is proving to be a strong performer against a weak month for the industry. It clearly has a strong appeal with customers.”

In the face of declining consumer confidence, rising interest rates and high fuel prices, Chrysler Group is responding to customer concerns with powertrain options that deliver high fuel economy, power with improved fuel efficiency and alternative fuel choices.

“The company is launching new products this year, led by the Dodge Caliber and followed by the Jeep® Compass, that are powered by a new family of 4 cylinder engines that provide high fuel economy. And, the HEMI® engine MDS seamlessly alternates between smooth, high-fuel-economy four-cylinder mode when less power is needed, and delivers up to 20 percent improvement in fuel economy,” said Dilts.

Chrysler Group is also a leader in diesel engine technology, delivering vehicles with diesel engines that can achieve up to 30 percent better fuel economy and reduce greenhouse gas emissions by up to 20 percent.

Customer response to the all-new Dodge Caliber continues to be robust, with May 2006 sales of 12,422 units surpassing April sales of 11,236 units by 15 percent. Days supply for the Dodge Caliber is 13 days.

Sales of the Dodge Charger increased 15 percent over April 2006 sales to 10,725 units. Sales rose 459 percent over May 2005 sales of 1,841 units, the first month the vehicle was available to customers.

Chrysler Group’s industry-leading Dodge Caravan and Chrysler Town & Country minivans with the exclusive Stow ‘n Go™ seating and storage system, posted a solid month of sales at 40,011 units, a decline of 2 percent over May 2005 sales of 39,309 when adjusted for selling days. Sales rose 2 percent on an unadjusted basis.

Jeep Commander, the first Jeep with 7-passenger seating, posted a sales increase of 20 percent to 6,138 units over April 2006 sales of 5,301 units.

In 2006, the Jeep brand will continue to expand with the addition of a new Jeep Wrangler, Jeep Compass and Jeep Patriot models.

The Jeep Grand Cherokee nameplate broadens its appeal with the addition of the 2007 Jeep Grand Cherokee diesel, the first diesel-powered full-size sport utility vehicle in the U.S. The Jeep Grand Cherokee diesel is powered by a 3.0-liter CRD engine which provides up to a 30 percent improvement in fuel economy.

The 2007 Jeep Grand Cherokee with the 3.0-liter CRD engine will be available on the Laredo, Limited and Overland models beginning in the first quarter of 2007.

“Our 0 percent for 60 months financing program addresses the rising interest rates affecting most consumers, and the launch of products like the Dodge Caliber and Jeep Compass address higher fuel prices that are influencing customer car choices,” said Dilts. “As the economy evolves and consumer confidence improves during the second half of this year, we will have up to 10 new products in the market for customers to choose from.”

Chrysler Group finished the month with 592,486 units of inventory, or a 77-day supply.


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