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Jeep, Ram and Fleets Gain, But FCA Volume Flat in July

Jeep, Ram and Fleets Gain, But FCA Volume Flat in July

The automaker says its retail sales of 155,885 units were down 2% for the month from year-ago, while its fleet volume of 24,842 marked a 22% rise.

FCA US breaks even in July, overcoming double-digit volume drops at Dodge and Fiat and weak car demand at Chrysler with solid gains posted by Jeep and Ram and a spike in fleet volume.

Total U.S. sales reached 179,333 light vehicles, just a few units short of year-ago’s 179,362 (26 sales days both periods).

The automaker says its retail sales of 155,885 units were down 2% for the month from year-ago, while its fleet volume of 24,842 marked a 22% rise. This is the first time this year FCA has detailed its fleet total in its monthly sales report.

Jeep led the bright spots, with deliveries up 5.0%, driven mainly by Renegade (56.9%) and Compass (30.7%). Wrangler sales slid 5.5% and Cherokee demand dipped 11.5%.

Ram posted a similar result, with sales up 3.4% on strong performances by its ProMaster Van (41.0%) and City (86.6%) models.

The Dodge brand continues to lag, with sales off 10.1%. The Caravan minivan (up 28.2%) and Challenger coupe (7.2%) were the only bright spots.

Chrysler got a bump from the new Pacifica minivan, which recorded 7,911 deliveries, but huge drops by each of its other models took the brand down 4.1% for the month.

Fiat was helped by the new Mazda-based Spider roadster, which sold 480 copies, and a 0.8% gain for the 500X, but huge drops by the base 500 and 500L resulted in a 13.8% decline by the brand overall.

The FCA data reflects revisions to year-ago numbers as a result of the automaker’s changes to its methodology announced last month amid a Securities and Exchange Commission investigation into the automaker’s sales-reporting practices.

[email protected] @DavidZoia

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