trending Market Intelligence /marketintelligence/en/news-insights/trending/l_YxGBLAm6jm0lal6eZGuA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Fiat Chrysler's US sales down for both Q4 and 2019

Blog

Message in a (Word)Cloud

Six trends shaping the industries and sectors we cover in 2021

Six trends shaping the industries and sectors we cover in 2021

Capital Markets View – January 2021


Fiat Chrysler's US sales down for both Q4 and 2019

Fiat Chrysler Automobiles NV's vehicle sales in the U.S. were down both for the fourth quarter of 2019 and the full year, the automaker said Jan. 3.

The Italian-American company's U.S. division said it sold 542,519 vehicles in the fourth quarter, down 2% year over year. Sales for full year 2019 were 2.2 million, down 1% from 2018.

The Ram brand led FCA's sales, hitting a record for the fourth quarter by posting a 6% year-over-year increase in sales. Sales for the year reached 703,023 units, up 18% from 2018.

The rest of the automaker's brands — including Jeep, Chrysler and Dodge — were all down year over year.

The Jeep brand sold 221,536 vehicles in the fourth quarter, down 2% year over year, while 923,291 Jeep brand vehicles were sold during the year, down 5%.

The Chrysler brand sold 33,005 vehicles in the quarter, down 15%, with 126,971 units sold in 2019, down 23% year over year. The Dodge brand was down 9% for the quarter, with 90,641 vehicles sold and down 8% for the year with 422,886 vehicles.

The Fiat brand dropped 49% for the quarter and 41% for the year, while Alfa Romeo tumbled 12% for the quarter and 23% for the year.

"Our dealers did an outstanding job in 2019, not only with meeting consumer demand, but also handling the introduction of the redesigned Ram Heavy Duty and new Jeep Gladiator," Reid Bigland, FCA's head of U.S. sales, said in a news release. "We have read the expectations that sales may slow a bit in 2020. However, we believe there is still plenty of demand in the market and we are ready for a new year."