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FCA US Reports Third-quarter 2019 Sales

    • Jeep® Wrangler achieves record third-quarter sales of 59,035 vehicles
    • Ram brand reports record third quarter as sales jump 15 percent to 179,200 vehicles
    • Dodge Challenger reports highest third quarter with 18,031 vehicles sold
October 2, 2019 , Auburn Hills, Mich. - FCA US LLC announced three sales records for the third quarter as a new generation of shoppers snapped up muscle cars and a strategy of premium technology and interior upgrades attracted new heavy-duty truck buyers. The Jeep® Wrangler notched a record quarter as well on the back of new limited-edition models.

In an industry skewed toward sport-utility vehicles, this quarter proved that American muscle is far from losing its might. The Dodge Challenger reported a record third quarter while the Charger notched its highest level of third-quarter sales in 13 years. Over the past decade, Challenger and Charger sales have increased more than 60 percent.

These cars are attracting a new generation of shoppers who are drawn to the vehicles for their edgy designs, power and array of options for personalization.

The Ram brand, meanwhile, capitalized on new 2500 and 3500 heavy-duty pick-up refinements, which helped push third-quarter sales to a record level.

FCA designers transplanted many of the creature comforts and technologies featured in the Ram 1500 light-duty pickup truck into the heavy-duty lineup. Chief among the changes was the 12-inch touchscreen with its quick access to navigation, climate and satellite radio.

Heavy-duty customers, including farmers, ranchers, construction workers and small business operators, have responded enthusiastically to the ability to do more work from their front seat during the day and take their families and clients to dinner in the same well-appointed truck in the evening.

Rounding out the quarter’s sales records was the Jeep Wrangler. The Wrangler has been a strong seller since its redesign last year, but the nameplate received a boost this quarter from the start of a special-edition campaign. New limited-edition models include, for example, the 2020 Wrangler Black & Tan and the Wrangler Willys.

Jeep intends to offer more Wrangler special editions in 2020.

For the quarter, overall sales were 565,034 vehicles for the three-month period covering July, August and September. Retail sales accounted for 438,649 vehicles while fleet accounted for 22 percent of total sales. Fleet sales, on a year-to-date basis, accounted for 25 percent of overall sales.

“Lower interest rates, a stable economy and consumer enthusiasm bolster our belief that new vehicle sales in the U.S. are heading for a strong finish,” Head of U.S. Sales Reid Bigland said. “For us, vehicles like the new Gladiator, our Ram pickups and Dodge muscle cars are pulling customers into showrooms. Our customers are also choosing to purchase higher trim levels or extra features, which are increasing our transaction prices.”
 

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Discussion Starter #2
FCA US Reports Third-quarter 2019 Sales


    • FCA US Reports Third-quarter 2019 Sales

        • Jeep® Wrangler achieves record third-quarter sales of 59,035 vehicles

        • Ram brand reports record third quarter as sales jump 15 percent to 179,200 vehicles

        • Dodge Challenger reports highest third quarter with 18,031 vehicles sold
      [*] October 2, 2019 , Auburn Hills, Mich. - FCA US LLC announced three sales records for the third quarter as a new generation of shoppers snapped up muscle cars and a strategy of premium technology and interior upgrades attracted new heavy-duty truck buyers. The Jeep® Wrangler notched a record quarter as well on the back of new limited-edition models.

      In an industry skewed toward sport-utility vehicles, this quarter proved that American muscle is far from losing its might. The Dodge Challenger reported a record third quarter while the Charger notched its highest level of third-quarter sales in 13 years. Over the past decade, Challenger and Charger sales have increased more than 60 percent.

      These cars are attracting a new generation of shoppers who are drawn to the vehicles for their edgy designs, power and array of options for personalization.

      The Ram brand, meanwhile, capitalized on new 2500 and 3500 heavy-duty pick-up refinements, which helped push third-quarter sales to a record level.

      FCA designers transplanted many of the creature comforts and technologies featured in the Ram 1500 light-duty pickup truck into the heavy-duty lineup. Chief among the changes was the 12-inch touchscreen with its quick access to navigation, climate and satellite radio.

      Heavy-duty customers, including farmers, ranchers, construction workers and small business operators, have responded enthusiastically to the ability to do more work from their front seat during the day and take their families and clients to dinner in the same well-appointed truck in the evening.

      Rounding out the quarter’s sales records was the Jeep Wrangler. The Wrangler has been a strong seller since its redesign last year, but the nameplate received a boost this quarter from the start of a special-edition campaign. New limited-edition models include, for example, the 2020 Wrangler Black & Tan and the Wrangler Willys.

      Jeep intends to offer more Wrangler special editions in 2020.

      For the quarter, overall sales were 565,034 vehicles for the three-month period covering July, August and September. Retail sales accounted for 438,649 vehicles while fleet accounted for 22 percent of total sales. Fleet sales, on a year-to-date basis, accounted for 25 percent of overall sales.

      “Lower interest rates, a stable economy and consumer enthusiasm bolster our belief that new vehicle sales in the U.S. are heading for a strong finish,” Head of U.S. Sales Reid Bigland said. “For us, vehicles like the new Gladiator, our Ram pickups and Dodge muscle cars are pulling customers into showrooms. Our customers are also choosing to purchase higher trim levels or extra features, which are increasing our transaction prices.”
    • Jeep® Wrangler achieves record third-quarter sales of 59,035 vehicles

    • Ram brand reports record third quarter as sales jump 15 percent to 179,200 vehicles

    • Dodge Challenger reports highest third quarter with 18,031 vehicles sold
October 2, 2019 , Auburn Hills, Mich. - FCA US LLC announced three sales records for the third quarter as a new generation of shoppers snapped up muscle cars and a strategy of premium technology and interior upgrades attracted new heavy-duty truck buyers. The Jeep® Wrangler notched a record quarter as well on the back of new limited-edition models.

In an industry skewed toward sport-utility vehicles, this quarter proved that American muscle is far from losing its might. The Dodge Challenger reported a record third quarter while the Charger notched its highest level of third-quarter sales in 13 years. Over the past decade, Challenger and Charger sales have increased more than 60 percent.

These cars are attracting a new generation of shoppers who are drawn to the vehicles for their edgy designs, power and array of options for personalization.

The Ram brand, meanwhile, capitalized on new 2500 and 3500 heavy-duty pick-up refinements, which helped push third-quarter sales to a record level.

FCA designers transplanted many of the creature comforts and technologies featured in the Ram 1500 light-duty pickup truck into the heavy-duty lineup. Chief among the changes was the 12-inch touchscreen with its quick access to navigation, climate and satellite radio.

Heavy-duty customers, including farmers, ranchers, construction workers and small business operators, have responded enthusiastically to the ability to do more work from their front seat during the day and take their families and clients to dinner in the same well-appointed truck in the evening.

Rounding out the quarter’s sales records was the Jeep Wrangler. The Wrangler has been a strong seller since its redesign last year, but the nameplate received a boost this quarter from the start of a special-edition campaign. New limited-edition models include, for example, the 2020 Wrangler Black & Tan and the Wrangler Willys.

Jeep intends to offer more Wrangler special editions in 2020.

For the quarter, overall sales were 565,034 vehicles for the three-month period covering July, August and September. Retail sales accounted for 438,649 vehicles while fleet accounted for 22 percent of total sales. Fleet sales, on a year-to-date basis, accounted for 25 percent of overall sales.

“Lower interest rates, a stable economy and consumer enthusiasm bolster our belief that new vehicle sales in the U.S. are heading for a strong finish,” Head of U.S. Sales Reid Bigland said. “For us, vehicles like the new Gladiator, our Ram pickups and Dodge muscle cars are pulling customers into showrooms. Our customers are also choosing to purchase higher trim levels or extra features, which are increasing our transaction prices.”
 

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Return of the muscle car? FCA touts popularity for record sales

A renewed interest in muscle cars helped push a sales record for Fiat Chrysler, the company announced.

Dodge Challenger sold a record 18,031 vehicles in the third quarter, FCA announced Wednesday.

“These cars are attracting a new generation of shoppers who are drawn to the vehicles for their edgy designs, power and array of options for personalization,” the company said in its announcement.

Two other FCA brands also hit sales records for the quarter. Jeep Wrangler sold 59,035 vehicles and Ram sold 179,200 vehicles.

For the Wrangler, FCA said limited-edition models like the 2020 Wrangler Black & Tan and the Wrangler Willys helped boost sales. Jeep plans to offer more special edition Wranglers next year.

Reid Bigland, FCA’s head of U.S. sales, said vehicles like the Gladiator, Ram pickups and Dodge muscle cars “are pulling customers into showrooms.”

“Our customers are choosing to purchase higher trim levels or extra features, which are increasing our transaction prices,” Bigland said.

The news could lend some credibility to rumors that Dodge or Chrysler could be planning to begin production of a new Barracuda.

AutoWise reported that sources said the automaker was planning to bring back the legendary muscle car, which was originally produced in the 1960s and '70s.
The new SRT Barracuda would share some architecture with the Challenger and it could be produced at FCA’s Conner Avenue Assembly Plant, where Vipers were made until the plant closed in 2017, according to the report.
FCA has since remodeled 77,000 square feet of the 400,000-square-foot facility as a private museum for dozens of historic vehicles, The Detroit News reported last year.
With the uptick in muscle car popularity, bringing back the Barracuda could prove to be a savvy move. FCA said Challenger and Charger sales have increased more than 60 percent over the past decade.

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Return of the muscle car? FCA touts popularity for record sales

A renewed interest in muscle cars helped push a sales record for Fiat Chrysler, the company announced.

Dodge Challenger sold a record 18,031 vehicles in the third quarter, FCA announced Wednesday.

“These cars are attracting a new generation of shoppers who are drawn to the vehicles for their edgy designs, power and array of options for personalization,” the company said in its announcement.

Two other FCA brands also hit sales records for the quarter. Jeep Wrangler sold 59,035 vehicles and Ram sold 179,200 vehicles.

For the Wrangler, FCA said limited-edition models like the 2020 Wrangler Black & Tan and the Wrangler Willys helped boost sales. Jeep plans to offer more special edition Wranglers next year.

Reid Bigland, FCA’s head of U.S. sales, said vehicles like the Gladiator, Ram pickups and Dodge muscle cars “are pulling customers into showrooms.”

“Our customers are choosing to purchase higher trim levels or extra features, which are increasing our transaction prices,” Bigland said.

The news could lend some credibility to rumors that Dodge or Chrysler could be planning to begin production of a new Barracuda.

AutoWise reported that sources said the automaker was planning to bring back the legendary muscle car, which was originally produced in the 1960s and '70s.
The new SRT Barracuda would share some architecture with the Challenger and it could be produced at FCA’s Conner Avenue Assembly Plant, where Vipers were made until the plant closed in 2017, according to the report.
FCA has since remodeled 77,000 square feet of the 400,000-square-foot facility as a private museum for dozens of historic vehicles, The Detroit News reported last year.
With the uptick in muscle car popularity, bringing back the Barracuda could prove to be a savvy move. FCA said Challenger and Charger sales have increased more than 60 percent over the past decade.

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Discussion Starter #5
Ram unseats Chevy Silverado as No. 2 in vehicle sales

October 3, 2019

DETROIT (AP) — Fiat Chrysler’s Ram pickup unseated General Motors’ Chevrolet Silverado as the second-best selling vehicle in the U.S. during the first nine months of the year.

With a United Auto Workers strike underway that has shut down GM’s pickup production, the Ram likely will beat the Silverado for the full year for the first time, according to auto sales experts.

At the end of September, the Ram had a lead of nearly 52,000 vehicles, according to company sales figures released Wednesday.



So far this year, U.S. buyers snapped up 461,115 Rams, an increase of 23% over the same time last year. GM sold 409,316 Silverados during the first nine months, down 3.6% from a year ago.

Ford’s F-Series pickup remained the most popular vehicle in America with 662,574 sold through September, down 2.4% from a year ago.

Full-size pickup trucks from the three traditional Detroit automakers are usually the top selling vehicles in America, which loves pickups. Although the places change at times on a monthly basis, normally Ford is the winner, followed by the Silverado and the Ram.



But about 49,000 GM union workers, including those who build both light- and heavy-duty pickups, went on strike Sept. 16, halting U.S. pickup truck production at factories in Fort Wayne, Indiana, and Flint, Michigan.

On Tuesday, a pickup plant in Silao, Mexico, had to close due to a parts shortage caused by the strike, cutting all GM pickup production .

Both sides in the contract dispute are exchanging proposals, but there’s no end in sight for the strike, which is now in its 17th day.



“At the current rate, it does not seem likely that the Silverado will be able to make up the sales it needs to overtake the Ram pickup,” said Zo Rahim, manager of economics and industry insights for Cox Automotive.

The Ram has had strong retail sales and has performed well with commercial fleet buyers, Rahim said.

GM said its pickup sales are down this year because it ran short of inventory as it switched factories over to make new versions of the light-duty and heavy-duty models.



The company says Silverado retail sales to individual buyers are strong. Excluding sales to rental companies and other fleet customers, the Silverado and the GMC Sierra pickup, also made by GM, outsell Ford and Fiat Chrysler full-size pickups, the company said.

Overall, GM’s sales are down just under 1% for the year. Analysts say that since dealerships were well stocked before the strike began, it didn’t hurt GM’s third-quarter sales. But as inventories are depleted, GM’s sales could start to decline if the strike lasts much longer.

J.D. Power and Associates expects overall sales for the full year to be around 17 million, still a healthy number but about a 1% decline from 2018 figures.
After sales figures were released Wednesday, GM shares fell 4.4% to $34.54, its lowest point in four months.

 
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