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FCA Reports Sept '16 Sales: Down 1%


Anthony

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FCA US Reports September 2016 U.S. Sales

 

Source: media.chrysler.com

  • Ram Truck brand sales increased 27 percent; pickup truck sales up 29 percent
  • Sales of all-new 2017 Chrysler Pacifica minivan increased 23 percent versus previous month of August
  • Dodge Charger and Dodge Challenger each recorded double-digit percentage gains in September
  • October 3, 2016 , Auburn Hills, Mich. - FCA US LLC today reported U.S. sales of 192,883 units, a 1 percent decrease compared with sales in September 2015 (194,666 units).

FCA US retail sales were 146,453 units in September, while fleet sales were 46,430 units. Retail sales represented 76 percent of total sales, while fleet sales were 24 percent.

The Ram Truck brand posted a 27 percent sales gain in September compared with the same month a year ago as pickup truck sales increased 29 percent year over year. Both the Dodge Charger and Dodge Challenger turned in double-digit percentage increases in September while the Jeep® Grand Cherokee – the most awarded SUV ever – posted an 18 percent sales gain.

Sales of the all-new 2017 Chrysler Pacifica minivan increased 23 percent in September, versus sales in the previous month of August. Sales of the all-new 2017 Fiat 124 Spider, the latest addition to the FIAT brand product lineup, were up 7 percent in September, compared with the previous month of August.

Ram Truck Brand
Ram Truck brand sales, which include the Ram pickup, Ram ProMaster and Ram ProMaster City, were up 27 percent in September versus the same month a year ago. The brand’s increase was driven by the strong 29 percent increase in Ram pickup truck sales. The Ram 1500 Rebel was named “Best Pickup Truck” at the 2016 Ruedas ESPN Awards at last month’s Miami International Auto Show. For 2017, Ram will introduce a new special-edition Night package for the 1500 model that gives truck enthusiasts straight-from-the-factory customized looks. In addition, Ram ProMaster sales are up 17 percent year over year. Ram Truck brand sales are up 11 percent calendar year to date, compared with the same nine months in 2015.

Jeep Brand
Jeep brand sales were down 3 percent in September compared with the same month a year ago. The Jeep Grand Cherokee – the vehicle that has long defined what a premium SUV should be – posted an 18 percent sales gain in September, compared with the same month in 2015. In addition, Jeep Patriot sales were up a strong 33 percent versus September a year ago. Jeep brand sales are up 12 percent calendar year to date, compared with the first three quarters of 2015.

Dodge Brand
Dodge brand sales were down 6 percent in September compared with the same month a year ago. But, the Dodge Charger and Dodge Challenger each posted year-over-year sales gains in September. Charger sales were up 35 percent, while the Challenger turned in a 19 percent sales gain in the month. In addition, the Dodge Journey crossover recorded a 6 percent year-over-year increase. Dodge brand sales are up 2 percent calendar year to date compared with the first nine months in 2015.

Chrysler Brand
Chrysler brand sales were down 27 percent in September versus the same month in 2015. The all-new 2017 Chrysler Pacifica minivan posted 9,172 units in sales in September, up 23 percent compared with the previous month of August. Launched in April this year, the Pacifica just earned a rating of Top Safety Pick+ for 2016 from the Insurance Institute for Highway Safety (IIHS). The Pacifica achieved a “good” rating – the highest possible score – in each of five tests used by IIHS to evaluate crashworthiness. The Pacifica also earned the 2016 “Vehicle of the Year” and “Best Minivan” awards at the Ruedas ESPN Awards presented in September as part of the Miami International Auto Show.

FIAT Brand
FIAT brand sales, which include the Fiat 500, Fiat 500L, Fiat 500X and Fiat 124 Spider, were down 30 percent in September. In its third month on sale, the all-new 2017 Fiat 124 Spider logged 490 units in sales in September, up 7 percent versus the previous month of August. The Spider earned a “Best Convertible” award last month in the 2016 Ruedas ESPN Awards at the Miami International Auto Show.

 

 

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Edited by Anthony
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And one is making $10B/yr and the other is about to go out of business.

 

 

Actually, $7.4B in 2015.

 

FCA is actually closing the gap and earned $1.79 Billion to Ford's $2.0 Billion in the 2nd quarter of 2016.

Edited by BORG
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Actually, $7.4B in 2015.

 

FCA is actually closing the gap and earned $1.79 Billion to Ford's $2.0 Billion in the 2nd quarter of 2016.

 

They're not closing the gap.

 

FCA's actual, as opposed to publicized earnings in the 2nd quarter were less than one fifth of that total.

 

Their net profit, as in "what they get to keep" was only 300M euros. Or about $336M

 

Their

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FCA should be less concerned about others and more focused on why it's net after tax results are so low

especially since it's now selling so much more product and at higher prices........

 

This result today says that FCA is getting decent revenue from sales but the lack of conversion

into more after tax profit speaks as to FCA's internal dysfunctional management ...

Edited by jpd80
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20% off Charger?

 

But according to Mopar loyalists, as soon as Dodge gets their full line of RWD cars based on Alfa Romeos, and they will sell like hotcakes! So, why aren't these RWD cars selling? Isn't that what "everyone in America wants"?

 

"FCA will soon out sell Ford" ?

 

Really? Exclude Lincoln, but lump all of Fiat-sler into one to make a quote?

 

They are sinking like the Titanic. Ram and Jeep will be only brands around in 2021.

 

Just because Ford is not building Lincoln LS or whatever 'special car' doesn't mean they are 'going under'. Why don't some of these naysayers go buy a Charger or 300?

Edited by 630land
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They just need Jeep, Ram, and consolidate their car business under a new brand, which SHOULD be Chrysler which is on the letterhead....but so is Fiat.

 

I will give Marchionne this, amazingly he has exploded sales and made their business profitable...but nothing seems permanent about that. Jeep and Ram are probably the biggest success stories in Detroit right now while Chrysler, Dodge, and Fiat are on the opposite side of that spectrum.

Edited by BORG
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If you combine anything it should be Ram and Jeep. When the Ram gets redesigned it should be a Jeep 1500 Ram. A pickup with a Jeep name should also command a higher price and it could be the "big brother" to the Jeep Wrangler pickup.

 

A Jeep 1500 Ram isn't going to command a higher price than a Ram 1500. It has to compete in a (very competitive) market with other players, and just adding Jeep to the name of a vehicle where Jeep has never been a competitor is not going to magically increase the price.

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