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Chrysler Reports August Sales

1 September 1998

Chrysler Reports Record August Led by Strong Car Sales
    AUBURN HILLS, Mich., Sept. 1 -- Buoyed by the strong
performance of its car lines, Chrysler Corporation reported record
sales for the month of August, totalling 186,469, a four percent increase over
the same period a year ago.  The previous record was set in August 1996 with
186,306 vehicles sold.
    The strength of passenger car sales, when combined with Chrysler's
long-standing success in the minivan and sport utility vehicle segments,
underscores a company with a broad range of success stories, said Jamie
Jameson, Executive Director of Sales and Marketing Operations.
    "We are not a one- or even a two-horse company," Jameson said.  "In any
given month, we can show strength across the board, depending on the needs of
our customers."
    Car sales, which increased 17 percent, were led by the company's mid-size
models (Chrysler Cirrus, Dodge Stratus and Plymouth Breeze), with 56,843
vehicles sold, compared to 48,593 sold one year ago.  Individually, Dodge
Stratus had record sales of 7,811 units (a 73 percent increase), Chrysler
Cirrus had sales of 2,739 (a 60 percent increase) and Plymouth Breeze record
sales of 4,333 (a 29 percent increase).
    The Chrysler Concorde, 300M and LHS, and the Dodge Intrepid continued
their sales surge with a 32 percent increase over last year.  Sales of sport
utility models were up 12 percent for the month, led by Jeep(R) Cherokee and
Jeep Wrangler, as well as Dodge Durango.  The continuing sales strength of
sport utility models is encouraging given the current production downtime
associated with the changeover to make way for the new 1999 Jeep Grand
Cherokee.
    "The sell-off of the current Grand Cherokee is running ahead of schedule,"
Jameson said.
    Dodge Truck set a monthly record for August, with 79,441 vehicles sold, a
13 percent increase over last year.  Both Dodge Ram and Dodge Dakota set
record sales, with Ram up 14 percent to 32,323 units and Dakota posting an 11
percent gain over the previous record gain.
    Total minivan sales, which were down 22 percent to 35,405 units compared
to last year's 45,508, were a reflection of low inventory and the previous
year's strong numbers.
    "The pull-ahead for the record May-June Owner's Bonus Program is still
impacting these sales," Jameson said.
    The company's August sales performance -- unlike last year -- did not
encompass Labor Day, typically a strong car sales weekend.

                Chrysler U.S. Sales Summary, Thru August 1998

              Month Sales  DR %     Sales CYTD    DR %    Sales MYTD      DR %
    Model   Curr Yr Pr Yr Change  Curr Yr  Pr Yr Change Curr Yr  Pr Yr  Change

    Neon      5105   5664   -10%   55763   57005   -2%   77725   76610    1%
    Breeze    4333   3368    29%   44219   46290   -4%   64732   62294    4%
    Prowler    172      4    NM     1041      13   NM     1133      13   NM
    PLYMOUTH CAR
              9610   9036     6%  101023  103308   -2%  143590  138917    3%
    Voyager  11109  14038   -21%  113207  113064    0%  146501  146587    0%
    PLYMOUTH  TRUCK
             11109  14038   -21%  113207  113064    0%  146501  146587    0%
    PLYMOUTH  BRAND
             20719  23074   -10%  214230  216372   -1%  290091  285504    2%
    Cirrus    2739   1714    60%   27599   19439   42%   37160   25897   43%
    Sebring Coupe
              3404   3362     1%   24492   24905   -2%   32085   30969    4%
    Sebring Convertible
              3871   4033    -4%   38201   39824   -4%   47994   52157   -8%
    Concorde  4299   3765    14%   43128   32667   32%   46702   44320    5%
    300M      4475      0   0%     12913       0    0%   12913       0    0%
    LHS       2300   2936   -22%    8639   27642  -69%   10407   36042  -71%
    CHRYSLER CAR
             21088  15810   33%   154972  144477    7%  187261  189385   -1%
    Town & Country
              5280   7359  -28%    49578   51118   -3%   69441   69959   -1%
    CHRYSLER  TRUCK
              5280   7359  -28%    49578   51118   -3%   69441   69959   -1%
    CHRYSLER BRAND
             26368  23169   14%   204550  195595    5%  256702  259344   -1%
    Wrangler  6905   5761   20%    57652   58750   -2%   75038   78450   -4%
    Cherokee 12307   9634   28%    92991   83113   12%  129439  114469   13%
    Grand Cherokee
             14584  24705  -41%   154972  164930   -6%  227195  243887   -7%
    JEEP BRAND
             33796  40100  -16%   305615  306793    0%  431672  436806   -1%
    Talon      143    861  -83%     2730    7505  -64%    4727    9847  -52%
    Vision     129    267  -52%      501    4422  -89%    1012    6178  -84%
    EAGLE BRAND
               272   1128  -76%     3231   11927  -73%    5739   16025  -64%
         CPJE CAR
             30970  25974   19%   259226  259712    0%  336590  344327   -2%
         CPJE TRUCK
             50185  61497  -18%   468400  470975   -1%  647614  653352   -1%
    CPJE DIVISION
             81155  87471   -7%   727626  730687    0%  984204  997679   -1%
    Neon      7742   7783   -1%    84604   80211    5%  116397  106801    9%
    Stratus   7811   4505   73%    80484   66037   22%  106095   88673   20%
    Avenger   2609   3003  -13%    17460   23371  -25%   23396   29078  -20%
    Intrepid  7531   7217    4%    64461  101367  -36%   76608  132152  -42%
    Viper      180    111   62%      882    1014  -13%    1236    1597  -23%
    DODGE CAR
             25873  22619   14%   247891  272000   -9%  323732  358301  -10%
    Caravan  19016  24111  -21%   209755  205303    2%  273250  272795    0%
    Durango  10953      0    0%    93023       0    0%  113286       0    0%
    Dakota   11932  10789   11%   103354   86688   19%  138309  114918   20%
    Ram P/U  32323  28280   14%   264172  228263   16%  360178  324049   11%
    Ram Wagon  701   1725  -59%    13129   15504  -15%   14138   19986  -29%
    Ram Van   4516   5136  -12%    35155   42493  -17%   45464   58035  -22%
    DODGE TRUCK
             79441  70041   13%   718588  578251   24%  944625  789783   20%
    DODGE DIVISION
            105314  92660   14%   966479  850251   14% 1268357 1148084   10%
    TOTAL CAR
             56843  48593   17%   507117  531712   -5%  660322  702628   -6%
    TOTAL TRUCK
            129626 131538   -1%  1186988 1049226   13% 1592239 1443135   10%
    TOTAL CAR & TRUCK
            186469 180131    4%  1694105 1580938    7% 2252561 2145763    5%
    Total Minivan
             35405  45508  -22%   372540  369485    1%  489192  489341    0%
    Total Sport Utility
             44749  40100   12%   398638  306793   30%  544958  436806   25%
    Selling Days
                26     26            205     205           282     282

    Sales Reporting & Analysis
     09/01/98