Challenger Sales Up 24% in Q1, Trailing Mustang and Crushing Camaro

Dodge Challenger Group

The sales numbers from the American automakers are in for the first quarter of 2021 and once again, the Ford Mustang outsold the Dodge Challenger, but it wasn’t without a fight. Challenger sales were up an impressive 24% during the first three months of 2021, even as inventory levels are very low. In fact, the …

Read moreChallenger Sales Up 24% in Q1, Trailing Mustang and Crushing Camaro

For real: Stellantis USA posted big retail gains; Dodge hurt by Caravan loss

First, the very good news: Stellantis out-sold Volkswagen AG in Europe, to be the best-selling automaker on the continent in its first quarter as a company. That comes with the caveat that Volkswagen is likely to make a comeback, but Stellantis may still have some tricks in store, with (among other things) clever hydrogen technology that …

Read moreFor real: Stellantis USA posted big retail gains; Dodge hurt by Caravan loss

Stellantis issues first earnings report, wants higher profits at old FCA

Stellantis financials - earnings - dollars

Stellantis has issued its first earnings report, covering the full year 2020 for FCA and PSA. The latter was considerably more profitable, with Peugeot, Citroën, and Opel bringing in a 7.1% adjusted operating margin in their automotive operations. The second half operating margin hit a record at 9.4%. At FCA, the adjusted earnings before interest …

Read moreStellantis issues first earnings report, wants higher profits at old FCA