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Fiat Chrysler Automobiles May U.S. sales: -1%

Published 06/01/2017, 10:40 AM
© Reuters.  Fiat Chrysler Automobiles May U.S. sales: -1%
  • Fiat Chrysler Automobiles (NYSE:FCAU) unit sales -1% to 193,040 vs. -4.0% forecast by Kelley Blue Book.
  • Fleet sales dropped 7% as part of a strategy to lower sales to the daily rental segment.
  • Brand sales growth: Fiat -16% to 2,670 units; Chrysler -2% to 17,969 units; Jeep -15% to 75,516 units, Dodge +8% to 44,922; Ram +18% to 51,044 units; Alfa Romeo +2000% to 919 units.
  • Sales of Ram P/U trucks increased 16% to 44,850 units, while the new Pacific van sales topped 10K again. Jeep Patriot sales fell 53%.
  • FCA's average transaction price was up 5.9% Y/Y to $337,058 (per KBB)
  • YTD U.S. sales -7% to 880,014 units.
  • Now read: Auto Sales Off To A Poor Start In March Reporting


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