UPDATE: FCA US (FCAU) Reports March Sales Down 7.3%

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April 2, 2019 9:46 AM EDT
Get Alerts FCAU Hot Sheet
Price: $15.23 --0%

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(Updated - April 2, 2019 9:47 AM EDT)

  • Ram pickup reports new March record as sales increase 9 percent to 45,187 sold
  • Jeep® Grand Cherokee notches best March ever as sales rise 26 percent to 24,655 vehicles sold
  • Ram brand sets new March record as sales jump 15 percent to 51,822 sold

FCA US LLC (NYSE: FCAU) reported a new March record for the Ram brand as sales jumped 15 percent, underscoring the success the company has found in its two-pronged strategy of selling both the Ram 1500 and Ram Classic.

The performance of the Ram brand, combined with a new March record for Jeep® Grand Cherokee, countered general softness within the industry. FCA sold 200,307 vehicles in the month.

"The industry had a tough first quarter but with spring finally starting to show its face and continued strong economic indicators -- such as a boost in housing sales, lower lending rates and a strong labor market -- we are confident that new vehicle sales demand will strengthen going forward," U.S Head of Sales Reid Bigland said. "Meanwhile, our Ram brand sales and average transaction prices continue to be strong and our much-anticipated, game-changing Jeep Gladiator pickup is on track for its in-market debut this month."

FCA US LLC Sales Summary March 2019

Month Sales

Vol %

CYTD Sales

Vol %

Model

Curr Yr

Pr Yr

Change

Curr Yr

Pr Yr

Change

Compass

14,945

17,302

-14%

37,306

43,520

-14%

Patriot

1

100

-99%

10

364

-97%

Wrangler

21,963

27,829

-21%

49,978

55,504

-10%

Gladiator

43

0

New

123

0

New

Cherokee

18,262

23,764

-23%

49,420

50,610

-2%

Grand Cherokee

24,665

19,616

26%

57,749

53,448

8%

Renegade

7,449

9,771

-24%

18,218

24,659

-26%

JEEP BRAND

87,328

98,382

-11%

212,804

228,105

-7%

Ram P/U

45,187

41,307

9%

120,026

103,964

15%

Cargo Van

0

0

0%

0

0

ProMaster Van

4,928

2,451

101%

13,319

6,457

106%

ProMaster City

1,707

1,120

52%

3,668

3,233

13%

RAM BRAND

51,822

44,878

15%

137,013

113,654

21%

200

8

189

-96%

26

659

-96%

300

3,704

6,223

-40%

8,290

12,992

-36%

Town & Country

0

1

-100%

1

3

-67%

Pacifica

8,457

13,086

-35%

23,274

32,579

-29%

CHRYSLER BRAND

12,169

19,499

-38%

31,591

46,233

-32%

Dart

2

87

-98%

8

252

-97%

Avenger

0

0

100%

0

1

-100%

Charger

8,858

8,504

4%

20,615

21,265

-3%

Challenger

6,562

8,150

-19%

13,431

17,648

-24%

Viper

0

6

-100%

1

9

-89%

Journey

8,513

10,275

-17%

24,003

18,419

30%

Caravan

15,806

16,292

-3%

35,440

43,144

-18%

Durango

6,626

5,870

13%

17,019

16,233

5%

DODGE BRAND

46,367

49,184

-6%

110,517

116,971

-6%

500

310

439

-29%

778

1,309

-41%

500L

61

173

-65%

168

395

-57%

500X

262

607

-57%

755

1,579

-52%

Spider

214

325

-34%

513

731

-30%

FIAT BRAND

847

1,544

-45%

2,214

4,014

-45%

Giulia

858

1,284

-33%

2,035

3,085

-34%

Alfa 4C

18

22

-18%

41

54

-24%

Stelvio

898

1,270

-29%

2,210

2,653

-17%

ALFA ROMEO

1,774

2,576

-31%

4,286

5,792

-26%

FCA US LLC

200,307

216,063

-7%

498,425

514,769

-3%

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