UPDATE: Fiat Chrysler Automobiles (FCAU) U.S. Auto Sales Fell 10% in Oct.; Est. Down 9.8%

November 1, 2016 9:46 AM EDT
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(Updated - November 1, 2016 9:47 AM EDT)

Fiat Chrysler Automobiles (NYSE: FCAU) U.S. auto sales fell 10% in Oct.; Est. down 9.8%.

FCA US LLC today reported U.S. sales of 176,609 units, a 10 percent decrease compared with sales in October 2015 (196,898 units).

(*** Consensus estimates called for a drop of 9.8 percent.)

FCA US retail sales were 135,808 units in October, while fleet sales were 40,801 units. Retail sales represented 77 percent of total sales, while fleet sales were 23 percent.

Ram Truck brand sales were up 12 percent in October as the Ram pickup truck posted a 7 percent gain and sales of the Ram ProMaster van increased 92 percent. Two Jeep® brand models – the Jeep Grand Cherokee and Jeep Patriot – turned in year-over-year gains for the month with sales of the Grand Cherokee increasing 9 percent. Sales of the Dodge Journey full-size crossover and the Fiat 500 were up year-over-year in October as well, with the Journey recording a 17 percent sales gain.

Ram Truck brand sales are up 11 percent calendar year to date through October compared with the same 10-month period in 2015. Jeep brand sales are up 10 percent calendar year to date as well.

Ram Truck BrandRam Truck brand sales, which include the Ram pickup, Ram ProMaster and Ram ProMaster City, were up 12 percent in October compared with the same month a year ago. Ram pickup truck sales were up 7 percent while the Ram ProMaster van posted a strong 92 percent sales gain for the month. In addition, the Ram ProMaster City van turned in a 14 percent sales gain for the month. Ram Truck brand sales are up 11 percent calendar year to date compared with the same 10 months in 2015. The 2017 Ram 1500 Longhorn won the Luxury Pickup Truck category, and the 2017 Ram Power Wagon was best in the Off-Road Pickup Truck category, during last month's Texas Truck Rodeo hosted by the Texas Auto Writers Association (TAWA). In addition, the Ram 1500 Rebel earned Best Value Off-Road honors at last month's Active Lifestyle Vehicle (ALV) awards.

Jeep BrandJeep brand sales were down 7 percent in October compared with the same month a year ago. Sales of the Jeep Grand Cherokee – the most awarded SUV ever – were up 9 percent in October, versus the same month in 2015. In addition, Jeep Patriot sales increased 2 percent year over year in October. Jeep brand sales are up 10 percent calendar year to date compared with the first 10 months of last year. Four Jeep brand models earned TAWA awards at last month's Texas Truck Rodeo. The 2017 Jeep Wrangler Rubicon won the Off-road SUV category; the 2017 Jeep Cherokee was best Compact SUV; the 2017 Jeep Grand Cherokee won Mid-size SUV, and the 2016 Jeep Renegade earned best Compact Crossover Utility Vehicle. In addition, the Grand Cherokee Summit EcoDiesel took home the Green ALV award at last month's Active Lifestyle Vehicle (ALV) awards.

Dodge BrandDodge brand sales were down 16 percent in October compared with the same month a year ago. Even so, the Dodge Journey full-size crossover posted a strong 17 percent year-over-year sales gain for the month. Dodge Viper sales edged up 2 percent. The 2017 Dodge Charger and Dodge Challenger each earned a five-star overall safety rating last month from the U.S. National Highway Traffic Safety Administration (NHTSA). Five stars is the highest rating in the regulatory agency's vehicle-evaluation program.

FIAT BrandFIAT brand sales, which include the Fiat 500, Fiat 500L, Fiat 500X and Fiat 124 Spider, were down 24 percent in October. However, sales of the Fiat 500 were up 8 percent year-over-year for the month. In its fourth month in the market, the all-new 124 Spider recorded sales of 444 units. The 124 Spider brings classic Italian styling and proven performance to a new generation of buyers. Paying homage to the original 124 Spider, the all-new Spider delivers the ultimate Italian roadster experience with driving excitement, technology and safety combined with iconic design.

Chrysler BrandChrysler brand sales were down 45 percent in October versus the same month in 2015. The all-new 2017 Chrysler Pacifica – Cars.com's Best Minivan of 2016 – posted sales of 7,758 units in October. The Pacifica has earned a rating of Top Safety Pick+ for 2016 from the Insurance Institute for Highway Safety (IIHS). Re-engineered from the ground up on an all-new platform, the Pacifica delivers class-leading gasoline and hybrid powertrains to the minivan segment. Sales of the 2017 Chrysler Pacifica Hybrid are expected to begin in the U.S. by the end of this year. The Pacifica Hybrid, the industry's first electrified minivan, will deliver an estimated range of 30 miles solely on zero-emissions electric power from a 16-kWh lithium-ion (Li-ion) battery and an estimated 530-mile total gas and electric range.

FCA US LLC Sales Summary October 2016

Reflects New Methodology

Month Sales

Vol %

CYTD Sales

Vol %

Model

Curr Yr

Pr Yr

Change

Curr Yr

Pr Yr

Change

Compass

6,207

6,787

-9%

79,123

54,979

44%

Patriot

9,510

9,369

2%

105,549

99,035

7%

Wrangler

14,469

15,632

-7%

163,096

172,887

-6%

Cherokee

13,531

17,533

-23%

171,877

177,874

-3%

Grand Cherokee

17,867

16,405

9%

171,793

158,084

9%

Renegade

7,242

7,979

-9%

84,494

44,492

90%

JEEP BRAND

68,826

73,705

-7%

775,932

707,351

10%

200

2,843

9,066

-69%

51,802

147,602

-65%

300

3,051

4,311

-29%

47,091

44,121

7%

Town & Country

529

12,286

-96%

58,455

74,371

-21%

Pacifica

7,758

0

New

43,330

0

New

CHRYSLER BRAND

14,181

25,663

-45%

200,678

266,094

-25%

Dart

2,407

6,520

-63%

39,674

74,840

-47%

Avenger

0

22

-100%

44

1,279

-97%

Charger

6,792

8,936

-24%

79,062

81,519

-3%

Challenger

4,127

5,288

-22%

55,268

57,516

-4%

Viper

62

61

2%

509

582

-13%

Journey

11,912

10,198

17%

89,858

92,233

-3%

Caravan

11,563

13,524

-15%

114,295

78,907

45%

Durango

4,651

5,134

-9%

57,744

51,253

13%

DODGE BRAND

41,514

49,683

-16%

436,454

438,129

0%

Ram P/U

43,891

41,042

7%

404,977

374,579

8%

Cargo Van

0

9

-100%

21

2,155

-99%

ProMaster Van

4,500

2,349

92%

31,044

21,574

44%

ProMaster City

1,052

925

14%

13,701

6,294

118%

RAM BRAND

49,443

44,325

12%

449,743

404,602

11%

Giulia

0

0

New

7

0

New

Alfa 4C

23

58

-60%

434

569

-24%

ALFA BRAND

23

58

-60%

441

569

-22%

500

1,276

1,180

8%

12,879

21,269

-39%

500L

119

290

-59%

2,920

7,044

-59%

500X

783

1,994

-61%

10,047

6,164

63%

Spider

444

0

New

1,875

0

New

FIAT BRAND

2,622

3,464

-24%

27,721

34,477

-20%

TOTAL FCA US LLC

176,609

196,898

-10%

1,890,969

1,851,222

2%

Total Car & MPV

40,994

61,542

-33%

507,645

589,619

-14%

Total UV's

86,172

91,031

-5%

933,581

857,001

9%

Total Truck & LCV

49,443

44,325

12%

449,743

404,602

11%



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