Chrysler's U.S. Sales Drop 53% in Dec.

Jan. 5, 2009

For 2008 the company saw a 30% decrease

Chrysler's U.S. sales plummeted by 53% in December.

For 2008 sales dropped 30% to fewer than 1.5 million vehicles, the struggling company said on Jan. 5.

The results are significantly worse than the 30% to 37% monthly losses posted by rivals Ford, GM and Toyota and came days after the U.S. Treasury finalized a four billion dollar loan to the cash-strapped carmaker to help it weather the current financial crisis.

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