Jeep Responsible For 25 Percent of All New Car Sales

Dec 08, 2014 03:00 PM EST | Matt Mercuro

Automakers have sold almost 780,000 more vehicles in the U.S. during the first 11 months of 2014 compared to the same point in 2013, with last month's annualized selling rate at 17.2 million units

Of that increase, one out of every four of those vehicles sold was a Jeep.

The Jeep Cherokee, Wrangler and Patriot each logged their best ever November sales last month, according to Fiat Chrysler Automotive. The brand-new Cherokee was the company's highest-volume seller for the third-consecutive month.

Sales of the flagship Grand Cherokee rose by 3 percent, its best November sales increase in 11 years. Consumers Digest named the Grand Cherokee as its "Best Buy" in the Mid-Size SUV category in November, according to the publication.

Jeep's year has helped the newly merged Fiat Chrysler grow at four times the pace of the rest of the industry. Increasing 16 percent during the first 11 months of the year, FCA continues to gain traction on the U.S. market as sales are now expected to lose steam.

Last month, when it comes to volume gains, the automaker posted a bigger volume increase (28,884) than all other automakers combined (28,582 for everyone else.)

 "In total we had 11 vehicles last month that set new sales records. Calendar year to date, Chrysler Group remains the fastest growing automaker in the country," said Reid Bigland, Head of U.S. Sales, according to a company release.

FCA has posted year-over-year sales gains for 56 straight months and recorded a market share increase of 8.7 percent from March 2010 to 13.2 percent. During the same time, retail buyers represented eight nearly eight in 10 overall sales in 2014, compared to a little over half 56 months ago.

November's high selling rate was helped by company's offering more Black Friday deals and starting year-end clearance events earlier than in year's past. 

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