Chrysler Group LLC reported its best October sales since 2007 on Tuesday, the first major automaker to announce sales for what is expected to be the best monthly showing of the year.
Chrysler sales increased 27 percent from a year before at 114,512 new vehicles. It was the 19th consecutive year-on-year gain for the No. 3 U.S. automaker, which is still recovering from the 2009 bankruptcy and restructuring that led to its management by Italy's Fiat SpA
Chrysler's retail sales showed a 40-percent gain. Last month, Chrysler was third in U.S. sales behind cross-town rivals General Motors Co
The impact of floods in Thailand, which are expected to hinder auto supplies for many major automakers including Toyota and Honda Motor Co <7267.T> is not expected to bite into October U.S. sales.
(Reporting by Bernie Woodall in Detroit, editing by Gerald E. McCormick)