FCA US, Stellantis’ US division, reported a 16% decline in sales in the fourth quarter and a 13% decline in overall shipments in 2022.
The company’s two largest brands, Jeep and Ram, posted double-digit declines in the fourth quarter and full year. The automaker’s sales have increased just two quarters since the pandemic began in March 2020.
The company delivered 347,669 passenger cars and light trucks in the fourth quarter and 1.55 million in 2022.
Dodge is the only Stellantis brand to increase sales in the fourth quarter. No brand will see year-over-year sales growth in 2022.
brand: Jeep down 18% in Q4, down 12% in 2022. Ram down 15% in Q4, down 16% in 2022. Dodge, up 15% in Q4, down 12% in 2022. Chrysler down 39% in Q4, down 2% in 2022. Alfa Romeo down 25% in Q4, down 30% in 2022.Fiat down 56% in Q4, down 61% in 2022
Notable nameplates: Jeep Wrangler down 14% in Q4, down 11% in 2022. Grand Cherokee down 32% in Q4, down 16% in 2022. Ram pickups down 22% in Q4, down 18% in 2022. ProMaster up 33% in Q4, down 4% in 2022. Chrysler Pacifica down 41% in Q4, flat in 2022. 300, up 15% in Q4, down 15% in 2022. Dodge Charger up 3% in Q4, 2% in 2022. Challenger, up 27% in Q4, up 1% in 2022.Durango up 22% in Q4, down 16% in 2022
Incentive: According to TrueCar, the price per vehicle in the fourth quarter was $1,551, down 67% from the same period last year.
Average transaction price: According to TrueCar, it was $54,982 in the fourth quarter, up 26% from the same period last year.
Quote: “Despite continued industry market conditions in 2021 and 2022, we have seen strong demand for PHEV products. It negatively impacted our overall sales,” said Jeff Kommor, head of US sales. in a statement. “Sales of the Jeep Wrangler 4xe increased 46% over last year, and the all-new Jeep Grand Cherokee 4xe, which was introduced to the market late last year, accounted for 11% of his nameplate performance.”
did you know? of The Dodge Challenger was America’s best-selling muscle car for the second year in a row.