Nathan Bomey and Eric D. Lawrence Detroit Free Press Published 6:15 PM EST Dec 3, 2018 Fiat Chrysler Automobiles scored November sales gains on the strength of its SUV and truck-heavy lineup, but the Italian-American automaker also saw increases in car sales that helped it buck a down month, compared with November 2017, experienced by most of the rest of the industry, FCA reported a 17-percent increase in monthly sales, to 181,310 vehicles compared with November 2017. By percentage, the company's Ram brand, which is showcasing a new 1500 pickup this year, led the way, up a whopping 44 percent during the same time. The Jeep brand, which touts a new Wrangler this year and will soon have its midsize Gladiator pickup to pull in even more customers, was up 12 percent. The numbers were also good for Dodge, up 15 percent, with gains led by a 30-percent hike for Challenger. That's in contrast with the company's crosstown Detroit … [Read more...] about Fiat Chrysler rides high on Ram, Jeep sales
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U.S. auto sales may slip into negative territory for the year, as plunging demand for passenger cars and costlier loans wipe out a stronger-than-expected start to 2018.Sales probably slowed to an annualized rate of about 17.3 million in October, compared with 17.9 million a year earlier, with analysts expecting Nissan, General Motors and Ford to lead declines among the biggest automakers.A market that was cruising in the first half of the year on strong demand for sport utility vehicles including Fiat Chrysler's Jeep Cherokee has succumbed to interest-rate hikes, making it more expensive for consumers to finance new-car purchases.Even if you've got fresh metal to sell, Americans aren't interested in sedans: Demand for Toyota's Camry and Honda's Accord are down, despite recent redesigns and Detroit's pullback from car segments.Carmakers sold roughly 21,000 more vehicles through the first nine months of the year than a year earlier, according to the researcher Autodata, so it won't take … [Read more...] about Automakers brace for U.S. sales to slip into the red for 2018
Eric D. Lawrence Detroit Free Press Published 6:55 AM EDT Oct 21, 2018 The Ford F-150 is America’s best-selling vehicle. Jeep is Fiat Chrysler Automobile’s most important brand, accounting for a third of the company's sales. As F-150 is to Ford, is Jeep to FCA? As an analogy, it might not be perfect, but there is gas in that tank. Month after month, Ford’s F-150 is the big sales story for the Dearborn automaker. Even in a month where F-series truck sales dropped almost 10 percent compared with the same time a year ago, Mark LaNeve, Ford vice president of U.S. Marketing, Sales and Service, touted the strength of those sales numbers. “F-Series posted its seventh straight month of sales above the 70,000-truck mark in September. As part of that run, F-Series has exceeded sales of 80,000 trucks three times this year,” LaNeve said in a news release. But Jeep has an "upside potential" for FCA as a growing global brand, and its importance for the … [Read more...] about Fiat Chrysler counts on Jeep; can it be the company’s F-150?
Marc Daalder Detroit Free Press Published 10:45 AM EDT Sep 28, 2018 For the fourth time this year and just two days after the last theft, Fiat Chrysler has been hit by thieves stealing cars from a plant or its adjacent third-party facilities. Early Friday morning, police responded to a shipping yard near FCA's Jefferson North Assembly Plant on the city's east side. They arrested two juveniles at the yard and have recovered a total of eight vehicles from the the theft. It is unclear what models were stolen or how they were taken. The theft is only the latest in a series of such incidents. On Wednesday, thieves made off with a Jeep Cherokee and three Dodge Chargers from the same facility after smashing through the fence with a fifth vehicle. More: Detroit automaker hit by thieves for 3rd time in 2018 F-150, Ram, Silverado: 'The best 3 trucks ever built' go to war In May, thieves spilled out of a Dodge Ram parked in front of Chrysler's plant in Warren and made off … [Read more...] about Thieves target Fiat Chrysler twice in 3 days
Nathan Bomey USA TODAY Published 8:39 p.m. UTC Sep 4, 2018 Americans continued to flock to crossovers, SUVs and pickup trucks in August, but they're abandoning passenger cars in droves. Forecasters at Edmunds.com and Cox Automotive predicted overall sales increases of 1.2 percent and 0.8 percent, respectively. The results showed that the auto industry remained relatively healthy as shoppers buy more profitable vehicles. Ford increase Ford surprised analysts with an overall sales increase of 4.1 percent from August 2017 despite abysmal sales of passenger cars, many of which the company is poised to discontinue altogether. The namesake Ford brand was up 4.2 percent, while the luxury Lincoln lineup increased 2.7 percent. The company's F-series pickup truck lineup, which qualifies as the bestselling vehicle in the U.S., rose 6.3 percent to 81,839 for the month. Overall, Ford's SUVs posed a 20.1 percent sales increase, while car sales declined 21.3 percent. More Ford: What … [Read more...] about Ford sales surprisingly rise in August; Jeep pushes Fiat Chrysler