FCA Posts Strong December, Up 14% - Ends the Year Up 9%

FCA Posts Strong December, Up 14% - Ends the Year Up 9%
FCA US LLC today reported December U.S. sales of 196,520 vehicles, a 14 percent increase compared with sales of 171,946 vehicles in December 2017.

Retail sales for the month rose slightly to 151,077 vehicles. Fleet sales totaled 45,443 vehicles and accounted for 23 percent of total sales during the month. 

The Jeep® Wrangler was the standout for the month and the year. Wrangler notched record December sales of 19,800 vehicles and full-year sales of 240,032. The results significantly exceeded the former full-year sales record of 202,266 set in 2015.   

For the year, U.S. retail sales were 1,760,488, marking the highest level since 2001 when sales reached 1,833,186 vehicles. Total U.S. sales rose 9 percent to 2,235,204 compared with 2,059,376 vehicles for 2017. Fleet sales accounted for 21 percent of the company’s overall sales in 2018.

“This year’s performance underscores the efforts we undertook to realign our production to give U.S. consumers more Jeep vehicles and Ram pickup trucks,” Head of U.S. Sales Reid Bigland said. “We see sales remaining solid in 2019 and we look forward to expanding our vehicle portfolio with the addition of the much anticipated Jeep Gladiator.”  

Jeep Brand
Jeep brand sales rose 10 percent to 80,449 vehicles in December. For the year, sales increased 17 percent to a record 973,227 vehicles, eclipsing the last record of 926,376 vehicles in 2016.

The Jeep Cherokee and Jeep Compass joined the Wrangler in setting new records for December and the year. Cherokee sales rose 7 percent to 20,800 vehicles. For the year, sales were 239,437 vehicles. Compass sales rose 46 percent to 12,745 in December. For the year, sales were 171,167, which beat the previous record of 94,601 set in 2016.      

Ram Brand
Ram brand sales rose 37 percent in December to 68,195 vehicles. For the year, sales hit a new record of 597,368 vehicles. The Ram 1500 – the Most Awarded Full-size Truck – drove the performance as total sales climbed 15 percent to 377,286 vehicles for a new record. Ram ProMaster and ProMaster City reported the best December ever. ProMaster sales rose 75 percent to 5,857 vehicles while ProMaster City sales increased 35 percent to 2,183 vehicles.         

Dodge Brand
Dodge brand December sales rose 17 percent to 32,528 vehicles. For the year, Challenger sales rose 3 percent to 66,716 which is a new record for the nameplate. The previous record was 66,377 in 2015.

Alfa Romeo Brand
Alfa Romeo brand December sales fell 4 percent to 1,946 vehicles. Alfa Romeo’s 2018 annual sales rose to a record 23,820, which was almost twice as much as the brand sold in 2017. Both Stelvio and Giulia finished the year notching more than 11,500 vehicle sales.  

Chrysler Brand
Chrysler brand December sales fell 28 percent to 12,425 vehicles. However, the Pacifica reported higher year-over-year results as vehicle sales totaled 118,322. Overall, the brand has seen some softening during the year following the continued wind-down of the Chrysler 200 and the Town & Country.   

FIAT Brand
Fiat December sales declined 44 percent to 977 vehicles in December. Fiat finished the year with 15,521 vehicle sales.  

Method of Determining FCA US LLC’s Monthly Sales. FCA US’s reported vehicle sales represent unit sales of vehicles to retail customers, deliveries of vehicles to fleet customers and to others such as FCA US’s employees and retirees as well as vehicles used for marketing. Most of these reported sales reflect retail sales made by dealers out of their own inventory of vehicles previously purchased by them from FCA US. Reported vehicle units sales do not correspond to FCA US’s reported revenues, which are based on FCA US’s sale and delivery of vehicles, and typically recognized upon shipment to the dealer or end customer. As announced on July 26, 2016, FCA US has modified its methodology for monthly sales reporting as follows:
 
  •  Sales to retail customers by dealers in the U.S. are derived from the New Vehicle Delivery Report (“NVDR”) system and are determined as the sum of (A) all sales recorded by dealers during the month net of all unwound transactions recorded to the end of that month (whether the original sale was recorded in the current month or any prior month); plus (B) all sales of vehicles during that month attributable to past unwinds that had previously been reversed in determining monthly sales (in the current or prior months).
  •  Fleet sales are recorded upon the shipment of the vehicle by FCA US to the customer or end user.
  •  Other retail sales are recorded either (A) when the sale is recorded in the NVDR system (for sales by dealers in Puerto Rico and limited sales made through distributors that submit NVDRs in the same manner as for sales by U.S. dealers) or (B) upon receipt of a similar delivery notification (for vehicles for which NVDRs are not entered such as vehicles for FCA employees).


MDarringerMDarringer - 1/3/2019 10:41:49 AM
-3 Boost
This: "Both Stelvio and Giulia finished the year notching more than 11,500 vehicle sales." is total failure. Given their pricing, they should be doing four times that volume.


CANADIANCOMMENTSCANADIANCOMMENTS - 1/3/2019 1:20:09 PM
+5 Boost
No doubt MD, but as they are up 14% for December and 9% for the year, I'd rather be FCA and in the Win column.


MDarringerMDarringer - 1/3/2019 1:49:28 PM
-3 Boost
The percents bamboozled you did they? FCA sales are up due to Jeep and Ram. Alfa Romeo is sliding in the wrong direction. But that is irrelevant because you're using the sales gains at Jeep and Ram to negate what I said about Alfa Romeo. Stop being illogical.


CANADIANCOMMENTSCANADIANCOMMENTS - 1/3/2019 2:06:16 PM
+4 Boost
@MD I AGREED with your general statement about Alfa. They should be doing much better. And yes RAM and Jeep lead the way in units and driving profit and EBITA for the brand. I'd still rather have FCA's recent results than Ford or GM.


PUGPROUDPUGPROUD - 1/3/2019 2:23:06 PM
+2 Boost
Challenger outsold both Mustangs and Camaros in 2018.


mini22mini22 - 1/5/2019 12:54:39 PM
+1 Boost
Between 2017 and 2018 Giulia sales are up 29% for the year. That is also accounting for the Stelvio SUV coming on line. Explain to me how Alfa sales are sliding. Now what's interesting is that BMW 3 series and 4 series(which are lumped together) have been sliding since 2014. In 2014 they were at 142,232. In 2018 75,957.That is an approximate 47% drop.


MDarringerMDarringer - 1/5/2019 1:37:43 PM
-1 Boost
A 29% increase in a failure-level of volume is still an abject failure. A percent increase does not tell the story. If I sold 1 Giulia last month and two this month, sales were up 100%, but volume is still unsustainably low. THAT is the issue for the Fiat/Alfa Romeo/Maserati brands. Both the Giulia and Stelvio have failed massively in their respective segments.


mini22mini22 - 1/5/2019 8:42:55 PM
+2 Boost
Then I would assume you would agree then that the Kia Stinger has also pretty much has been a failure in 2018 as it has sold less than 17,000 units for the year.


MDarringerMDarringer - 1/5/2019 10:40:06 PM
+1 Boost
Here's the difference: Kia didn't brag--like Alfa Romeo did--that the Stinger was a game-changer.

Alfa Romeo was shooting to vanquish the segment with their over-the-top rhetoric and the quality crapstorm the Giulia was and is made them look absolutely foolish.

The year it too from introduction to arrival in dealers was also a massive stumble.

The mistake Kia made--in my mind--is aiming at the C Class/3 Series rather than at the Mustang and Camaro. Had Kia made the Stinger a 4 door muscle car--which it really is more than a 3 Series--and priced it accordingly, it would sell better.

That said, Kia's volume goal for the Stinger was beyond modest and they are meeting their goal.

Alfa's goal was pie-in-the-sky and they have missed that volume goal by 75%.

I am considering snagging a Giulia as my "company" car, but the 4 cylinder is ghastly, the interior is cheap, and the look is generic. Having just spent several months in a Stinger, it's by far the better execution for the money.

As for quality, the Stinger is well-made and I had ZERO issues with it and I know that the Alfa dealer is busy as hell with Giulias and Stelvios with issue after issue after issue.

I know you're probably much too much of a snob to be rational about giving the Stinger a fair shake, but if you can lower yourself to driving a Stinger GT for a test drive, you would be shocked especially if you drove a similarly priced Giulia before it.

The Stinger I had carried an Monroney of $44K. It could have been had for $38K. A $44K Giulia feels junky, but can be had for $38K as well. I prefer the better quality, looks, and performance of the Kia.


mini22mini22 - 1/6/2019 1:28:03 AM
+1 Boost
Actually I like the Stinger. I think it is a great first effort towards a car that can compete against the Europeans. I would probably take a Hyundai G70 over the Stinger as I prefer a chassis with a little more agility. So another wards if FCA had said nothing and kept their mouth shut and had not boasted unrealistic projected volume Alfa would not be such an abject failure in your opinion. The fact that Kia said nothing and just came out with the car makes them a success. In my opinion I think both the Giulia and the Stinger/G70 have a limited shelf life. If Hyundai/Kia are smart and (I believe they are) They will develop and SUV/CUV platform off the Stinger G70 and ultimately phase the sedans out. Had Marchionne made up his mind 6 or 7 years earlier to come out with a RWD Alfa instead of tarted up FWD Fiats there might have had more success with the brand. Consequently Kia took forever to bring the Stinger to the market(I mean what it must be 5 or 6 years after the original show car).Like Alfa Kia is, I hear, heavily discounting Stingers(especially the 4 cylinder cars.


MDarringerMDarringer - 1/6/2019 11:56:09 AM
+1 Boost
FCA should not have boasted.
FCA should not have rushed the Giulia to production before engineering was complete.
The Giulia should not have been announced a year before it was available.
Quality control should have been paramount up front and not after the fact.
Pricing should have been 20% lower.
It should have been marketed through Chrysler dealers.

The Stinger name took 5-6 years to come to market but the concept Stinger and the Stinger production car are two radically different cars. You know that so it is disingenuous of you to act like somehow that disproves how badly FCA botched the launch of the Giulia.

Locally, getting 15% off a Stinger is easy and getting 25% off a Giulia is a snap.


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