Sales+Profits

Stellantis global sales down, but profits still high

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Stellantis financials - earnings - dollars

Stellantis reported that global sales of 1.3 million vehicles, down by 10% “reflecting … actions… to prepare for [a] new product wave in H2 2024.” Battery-electric rose by 8% and low-emissions vehicles sales rose by 13% compared with Q1 2023.  The company approved an ordinary dividend of €1.55 per share to be paid next week, and reiterated a €3 billion share buyback scheme.

The €3 billion in share buybacks come as Stellantis has been laying off workers in France, Italy, and North America;

Wagoneer, Grand Wagoneer vs the competitors: One surprise

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2022 grand wagoneer seats

The Jeep Wagoneer may be a high-end, full-size truck, but its main competition remains the big Ford, GM, and Toyota wagons. The class leader remains the Chevy/GMC Tahoe, Suburban, and Yukon/Yukon XL, which have dominated full size SUV sales since, well, the original “SJ” Wagoneer was still in production. The GM SUVs are not just stalwarts due to age or old reputation; they have remained quite reliable and durable through the past decades, with no major failures and gaffes. Beating them is likely impossible—it would take help from GM, which GM is not likely to give. Sales of these in Q1 2024 were…

STLA did well in Europe

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Stellantis financials - earnings - dollars

Stellantis did wel lin Europe in the first quarter of 2024, with a 5.4% sales increase and market share rising from 18.3% to 19.2% for the quarter. Stellantis also has a 30% total share on commercial vans, and 14% on battery-electrics—despite its CEO’s frequent litany of complaints about electric cars.  Electric car sales rose by … Read more

With 2024 Gladiators already at dealers, Jeep announces price cuts (including Canada)

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2024 Jeep® Gladiator Mojave X (left) and 2024 Jeep® Gladiator Rubicon X

2024 Jeep Gladiators are hitting dealers; so today seems like a good day for Jeep to reveal the prices.  The new 2024 Jeep Gladiator, the world’s most off-road capable midsize truck, will start in the United States at $37,895 plus $1,895 destination). That’s a $1,725 price cut, according to Jeep. Those who visit the Build & Price section of Jeep’s site or Kelley’s Blue Book are in for some confusion, since they list different prices. At Jeep.com, the 2023 Gladiator Sport comes to $38,990…

Jeep Patriot, Chrysler 200, Dodge Dart and Viper: Who Bought the Last New Cars in 2023?

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2013 dodge dart

Every time a year’s worth of sales are released, there are some oddball orphans in there—in 2022, for example, dealers sold four Dodge Darts, which ended production in 2016, not to mention a lone Dodge Viper and Alfa Romeo 4C. They even sold four Jeep Patriots, which you may recall as looking like an original … Read more

Who was #1 in 2023? Trucks, vans, and minivans in the USA

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2025 Ram 1500 Ramcharger Tradesman

In the all-important pickup category, Ram lost some ground to Ford and GM. Ford sold 750,789 F-series pickups and chassis cabs, across all size and weight classes; GM sold 555,148 Silverados and 295,737 Sierras. As happens so often, GM handily out-sold Ford in full-size pickups, but the F-series wins the title since GM split their sales across the Chevrolet and GMC brands…

More Dodge than Ford cars sold in 2023

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Dodge Charger Daytona Banshee BEV spoiler and engine bay

In 2023, Dodge sold more cars than Ford, if one defines “cars”  in the traditional manner as sedans and coupes. Ford sold two types of car, the GT (31 of them) and the Mustang (48,605). Dodge, meanwhile, sold 75,920 sedans (Chargers) and 44,960 coupes (Challengers). The Mustang did beat the Challenger in sales, though not … Read more