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Fiat Chrysler US sales up 14% YOY in December 2018


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Fiat Chrysler US sales up 14% YOY in December 2018

Fiat Chrysler Automobiles NV said Jan. 3 that its U.S. sales rose in December 2018, with its Jeep brand hitting a full-year record for 2018 sales.

FCA sold 196,520 vehicles in the U.S. in December, up 14% from December 2017 with 171,946 sales.

Jeep brand vehicle sales hit 80,449 in December, up 10% year over year. In 2018, Jeep annual sales increased 17% to 973,227 vehicles, beating the brand's last sales record of 926,376 vehicles in 2016. Sales of Jeep Wrangler vehicles for the month were 19,800, up 45% from the same month a year ago. Wrangler's full-year sales of 240,032 beat its 2015 record of 202,266 sales.

Year-over-year sales of the Jeep Cherokee in December rose 7% to 20,800 vehicles, and Jeep Compass sales rose 46% to 12,745 in December.

Ram brand sales were up 37% in December year over year with 68,195 vehicles sold. For 2018, Ram sales rose 7% to 597,368 vehicles.

Dodge brand sales rose 17% in December to 32,528 vehicles and 3% for the full year to 459,324 vehicles.

Both Alfa Romeo and Chrysler brand sales fell in December. Alfa Romeo sales fell 4% to 1,946 vehicles, and Chrysler sales fell 28% to 12,425 vehicles. Fiat brand sales also fell 44% to 977 vehicles in December.

For 2018, FCA sold about 1.76 million vehicles in the U.S., hitting the company's highest level since 2001 at 1.83 million vehicles.

FCA shares were down 0.98% at $14.19 in afternoon trade Jan. 3.