So far, every company reporting their full 2023 U.S. sales has reported hefty gains over 2022—though 2022 was a problematic year with global supply shortages stemming from even before COVID-19 hit.General Motors, once the world’s largest automaker and still the US’ leader, reported a 14% gain with 2.6 million sales for the year—though the fourth … Read more
…Jeep, meanwhile, has been reluctant to react in a normal way to slipping demand for its vehicles as new and old competitors sense blood in the water. When it saw the Bronco debut, Jeep’s main reaction was to make a slightly more capable version of the Rubicon; prices even crept up a little with the 2024 models. The company could have cut its prices or thrown in key options as standard to pre-empt the Bronco’s expansion, but it did neither—and then started “employee pricing for everyone” promotions. Jeep also started reaching out to employees and retirees with attractive lease deals….
Jeep has restored Employee Pricing For All, a campaign similar to giving 15% off list price, on the Gladiator Sport, Willys, Overland, and High Altitude; the Mojave and Rubicon are selling at 6% off.In addition, while Employee Pricing For All is no longer available on the Grand Cherokee, Jeep is advertising 10% off list price … Read more
Europe—defined operationally as the EU, EFTA, and UK—is a car market on par with that of the United States, but it tends to be neglected in the North American media. For Mopar people, that made sense for many years, as Chrysler had minimal sales in Europe for the postwar years, until taking over SIMCA; and … Read more
Stellantis is making profits on electric cars in Europe, according to Carlos Tavares, its chief executive—who said that American BEVs were also projected to make a profit.Tavares said the company was going head to head against Tesla in Europe, and had already passed the American electric car maker to reach Europe’s second place in EV … Read more
Stellantis has reportedly dropped its “employee pricing for all” campaign for the Jeep Gladiator, but the latest S&P Global Mobility Market Scan listing, carried by Automotive News, shows that they are slapping a good deal of cash on a large number of hoods.
FCA US, sometimes referred to as “Mopar” (the name of its parts division), had all four of the highest-inventory marques at the end of October, according to Cox Automotive. This includes vehicles in inventory and those in transit.The Hornet threw Dodge off somewhat, as many cars are in transit rather than inventory, and the days’ … Read more
Stellantis apparently had the money for a new UAW agreement after all, with net global revenues up €45 billion in the third quarter (Q3), compared with the third quarter of 2022 (Q3 2022).Volume rose by 11%, with most regions around the world rising. BEV sales rose by 37%, mainly driven by the Jeep Avenger and … Read more
The Jeep Avenger, currently sold only as a battery-electric, has reached 40,000 sales so far this year. These sales seem to be an addition to the Renegade, which has beaten its 31,705 January-through-August 2022 sales with over 32,000 Renegades changing hands so far this year (through the end of August).The new Avenger is, in short, … Read more
Stellantis’ “pre-owned” vehicle program for all FCA US brands but Maserati is launching in the United States. It’s a European import, created in 2019, and now available in eleven countries.Of note, the marques included are “Alfa Romeo, Chrysler, Dodge, FIAT, Jeep®, Ram,” and—“Wagoneer by Jeep.”SPOTiCAR “brings together the approved used vehicles of official retailers.” It … Read more
Despite stockpiling huge numbers of cars, reportedly in anticipation of a strike, Stellantis reported—using its words—“robust profitability and cash flows,” and “strong growth in net revenues.” The margin, 14.4%, was near a record high; industrial free cash flow reached €8.7 billion (€1 = US$1.10, so €8.7 billion = $9.6 billion).
When PSA and FCA merged, Volkswagen Group may have been worried that their dominance of Europe was in doubt. For 2023, at least, they have little to fear. Volkswagen Group sales shot up by 25%, giving them a 26% share of the market, while Stellantis sales only rose by 5%, dropping their share down to … Read more
Yesterday we saw that the Challenger cruised to a victory over the Mustang in sales—but what of pickups, cars in general, and vans?
Ram sold 117,699 pickups and chassis cabs in the second quarter of 2023 (all figures are for US sales only), just about the same number they sold in the same period of 2022. Year to date, sales are down by 9%, but still come to nearly a quarter million…
The sales numbers for the 2023 Q2 are in and during the months of April, May and June, the Dodge Challenger outsold the Ford Mustang by a pretty considerably margin. However, thanks to a strong start in Q1, Ford still leads the muscle car race, but when the Dodge Challenger won the muscle car sales … Read more
In the second quarter of 2023, long after the last one was made, someone bought a Chrysler 200.
This sale was made after the car availability crisis hit its peak, and dealers could pretty much sell anything with four wheels. The 200 was a fine car, but the last one was made in 2016.
Other oddball sales were four Dodge Journeys …
FCA US sales for the second quarter of 2023 were interesting, with Chrysler and Dodge both having major sales gains, Jeep dropping a little, and Ram rising a little. Chrysler came in with nearly as many sales as Dodge, which is unusual. Fiat and Alfa Romeo both plummeted, though the first Tonales reached showrooms last month….
