A Chrysler logo is seen on the wheel of a new car at a dealership in Vienna, Virginia April 26, 2012. REUTERS/Kevin Lamarque

Chrysler June sales up 20 percent
Chrysler June sales up 20 percent
Posted : Tuesday, 03 July 2012 08:35AM

(Reuters) - Chrysler Group LLC's June U.S. auto sales rose 20 percent to 144,811 vehicles, the company said on Tuesday, slightly topping analyst expectations.

It was the 27th consecutive month that Chrysler sales topped those from the previous year, and its best June sales since 2007.

Chrysler, an affiliate of Italy's Fiat SpA <FIA.MI>, is the first of the major automakers to report U.S. June sales.

J.D. Power and Associates and LMC Automotive expect a 20-percent gain in U.S. auto sales for June.

Auto sales are an early sign of consumer spending each month. The auto industry has been one of the bright spots in the U.S. economy this year, but deteriorating European markets have led industry executives to worry about possible contagion spreading to North America.

The Chrysler brand of vehicles showed a 63-percent gain in sales, followed by its Jeep brand at a 23-percent gain, Ram truck up 12 percent and the Dodge brand up only 2 percent, Chrysler said.

(Reporting By Ben Klayman and Bernie Woodall in Detroit; Editing by Gerald E. McCormick)

(c) Copyright Thomson Reuters 2012. Check for restrictions at: http://about.reuters.com/fulllegal.asp