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Chrysler U.S. January Sales Skid 8%

But market share is increasing

By . Agence France-Presse

Feb. 3, 2010

Chrysler said on Feb. 2 auto sales in the United States fell 8% in January from a year ago, but the beleaguered carmaker said it continued to build on two consecutive quarters of rising market share.

Chrysler, which like General Motors emerged from a government-backed bankruptcy in 2009, reported total U.S. sales of 57,143 units for last month.

"The company continues to make positive strides each month and that trend continued in January," said Fred Diaz, president and chief executive of the firm's Ram truck brand and top Chrysler sales executive.

The number-three U.S. carmaker, after GM and Ford, was formed in a global strategic alliance with Italy's Fiat Group after emerging from bankruptcy.

Copyright Agence France-Presse, 2010

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