Volkswagen sales might have dropped by 28% in April and 18% for the year to date, but they remain the kings of European sales with a 24% market share in 2022 so far (down from 27% in Jan-April 2021). Stellantis came in second with a 19% market share (down from 22%), with sales in April …
Stellantis reported its global sales and revenues for the first quarter of 2022 this morning. Net revenues were up to €41.5 billion (1 € = US $1.05 = $1.35 CDN), up by 12% from the first quarter of 2021. The company credited higher net sales prices (reduced incentives), more profitable vehicle mix, and better exchange rates; …
While the European market has been hit by the same supply issues as everyone else, there has been some good news for Stellantis, the continent’s second largest player. Stellantis nabbed the first quarter’s “best selling car in Europe” title with the Peugeot 208; overall, five Stellantis vehicles, all but the Fiat Panda from the Peugeot …
Stellantis is still a distant #2 to Volkswagen in Europe, with both companies losing sales in the double digits, for both March and the first quarter of 2022 overall. In January-March 2022 (the first quarter), Volkswagen sales dropped from 775,074, a 15% fall, with Seat, Skoda, and Volkswagen all falling by around 20%, but Audi …
In the first quarter of 2022, Chrysler sold 29,113 cars—26,366 Pacificas, 2,745 300s, and … two 200s. The 200 sedan has not been made since 2017; the Dart was shut down even before that.
How are these cars still being sold? And do GM and Ford have similar orphans on their sales sheets?
Ram actually beat Chevrolet with 127,116 sales, after falling 15% from the same quarter last year. However, like Ford, Ram isn’t anywhere near GM as a whole. By brand, Ram was #2 in the USA; by company, Stellantis was #3. If you were wondering, Toyota Tundra sales totaled just 22,643—and they were up by 18%.
What about smaller pickups? That’s the province of Jeep for the moment…
FCA US’ first quarter sales fell by 14%, largely on supply constraints, as we reported on Friday. However, FCA appears to have gained market share in the United States—largely at the expense of General Motors, which reported a hefty 20% drop from Q1 2021 to Q1 2022, and Ford, which dropped by 17%.
The chart below shows U.S. sales for most of the “majors,” leaving out Mercedes, which has not reported sales yet (though now including Tesla and Volkswagen).
FCA US reported their first quarter sales with surprising speed, issuing them on April Fool’s Day—but they are real. Total sales fell by 14%, largely on supply constraints, from 469,651 for January-March 2021 to 405,221 for January-March 2022. Retail sales fell by 13%, slightly better than the fall in fleet sales.
Electrifying news. The Wrangler 4xe did quite well…
While Dodge came close to the average for mass-market brands, Chrysler hit the bottom of the J.D. Power dealer service surveys. The reason is not readily apparent, but dealership sources claim that Stellantis has been making it harder to get warranty claims paid, slowing some repairs while they get proof that they were needed. The …
Stellantis had a fine first year in 2021, with net revenues of €152 billion ($174 billion). Adjusted operating income nearly doubled, reaching $20 billion, with an 11.8% margin; all segments were profitable. Net profit was $15 billion, nearly triple the prior year. Stellantis claimed that merging Peugeot and Fiat Chrysler yielded a $3.6 billion net …
We’ve seen the results of the muscle truck race, where the Challenger beat Mustang (U.S.) sales for all of 2021 in a surprise upset. But what about two bigger, if less visible, sellers? In pickups, Ford invariably takes the #1 spot, partly due to a wider variety than other automakers. #2 was fought over by …
With buyers desperate for cars this past year, FCA US dealers seem to have successfully cleared out their remaining supplies of unpopular or long-discontinued cars, which might have been used as loaners or demonstrators, or for internal purposes. The dead-but-sold cars include nine Jeep Patriots (only one was sold in 2020, but nine were sold …
