Jeep sales fell 12 percent during December. Photo credit: DAVID PHILLIPS
DETROIT — FCA US extended its losing streak to a 16th consecutive month in December as sales fell 11 percent to 171,946 vehicles. Just Chrysler and the fledgling Alfa Romeo brand posted gains last month. The company’s fleet mix dropped to 12 percent for the month from 19 percent a year ago.
For the year, FCA US sales dropped 8.2 percent to 2,059,376.
Brands: Jeep down 12%; Ram down 6.9%; Chrysler up 2.6%; Fiat down 33%; Dodge down 23%; Alfa Romeo 2,034 vehicles.
Notable nameplates: Ram pickup down 5.6%; Chrysler Pacifica up 8.4%; Jeep Cherokee up 18%; Jeep Grand Cherokee up 1.6%; Jeep Wrangler down 13%; Jeep Compass up 9.9%; Dodge Journey down 57%; Alfa Romeo Stelvio, sales of 997 vehicles.
Incentives: $4,260 per vehicle, down 0.3% from a year earlier, according to ALG.
Average transaction price: $34,647, up 4% from a year earlier, ALG says.
Fleet mix: 12%. Fleet sales down 42% from a year earlier. Retail deliveries down 3%.
Inventory: 554,384 vehicles, an 84-day supply, down from 88 in November.
Did you know? FCA’s 88% retail mix is the highest since the automaker emerged from bankruptcy. By way of comparison, in March 2010, fleet sales represented 36% of what was then Chrysler Group’s sales, triple the current mix.
Published at Wed, 03 Jan 2018 16:08:34 +0000