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"We plan to continue our 'Best Values in America' message in April because it provides a point of clarity for consumers," added Dilts. "The campaign combines our product, our warranty and incentive messages into one package that clearly offers the best car and truck values in the U.S. automotive market today." Many of the Chrysler Group's volume models posted year-over-year gains. Chrysler Group's top seller for the month was the Dodge Ram pickup truck. Dodge sold 38,931 units of the Ram in March, an increase of 14 percent compared to March 2002 when 35,457 vehicles were sold. Chrysler Group reported Dodge Dakota pickup truck sales of 11,620 units, up two percent over last year, which helped drive total Dodge truck sales up six percent compared to March 2002. Chrysler Group minivan sales of 45,165 units were up five percent over last year. Dodge sold 29,671 Caravans, up 12 percent compared to March 2002, and Chrysler sold 13,307 Town & Country minivans, up nine percent over last year. Jeep Liberty posted sales of 14,760 units, an increase of 22 percent compared to last year when there were 12,594 units sold. Also making sales gains was the Jeep Wrangler, with sales of 5,497 units, an increase of eight percent compared to year-earlier levels. Total Jeep brand sales were up four percent compared to March 2002. The all-new Chrysler Pacifica reached showrooms in late March. Dilts commented that all indications are that this innovative new vehicle is off to a fast start in the market. "Early reaction from dealers and consumers is that Pacifica will clearly be the vehicle of choice in its segment," added Dilts. Regarding the industry as a whole, Dilts said the general economic environment is still favorable for new vehicle sales. "Industry analysts tell us the affordability index for new vehicles is the best it's been in the past 25 years," he noted. "We have been translating that in very clear terms for consumers by positioning our products along with a seven-year, 70,000-mile fully transferable powertrain warranty, and very competitive incentives that together equal the 'Best Values in America'." Chrysler Group finished the month with 535,786 units of inventory, or a 69-day supply that is in-line with industry standards. (April 1, 2003)
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