Natalie Parkinson
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Natalie Parkinson in Hot Wheels,

Chrysler's U.S. sales jump 15% in October

Fiat Chrysler Automobiles NV on Tuesday posted a 15% leap in October U.S. auto sales, propelled by the month having five weekends and searing demand for the auto maker's Jeep brand.

Car sales are on track to reach their highest October sales volume since 2001.

Fiat Chrysler--which recorded its best sales for the month since that year--sold 195,545 vehicles, compared with 170,480 for the month last year, extending the Italian-U.S. company's sales-gains streak to 67 months. Jeep brand sales spiked 33%. Eight Fiat-Chrysler vehicles posted their best October ever: Dodge Charger, Dodge Challenger, Dodge Journey, Jeep Cherokee, Jeep Compass, Jeep Patriot, Jeep Wrangler and Ram ProMaster.

I think stocks of the company will rise today.