FCA Reports Second-quarter 2024 US Sales Results

AUBURN HILLS, Mich., July 2, 2024 /PRNewswire/ --

    --  Stellantis posted 4% quarter-over-quarter growth with a Q2 2024 total
        U.S. sales decrease 21% year over year
    --  Jeep® Wagoneer and Grand Wagoneer total sales increased 107% and 24%
        year over year, respectively
    --  Jeep brand saw retail sales of the Wrangler, Grand Cherokee and Compass
        increase 24%, 12% and 15%, respectively, Q2 over Q1 2024
    --  Ram brand saw growth of 11% in total sales Q2 over Q1 2024
    --  Ram commercial fleet sales increased 47% Q2 over Q1 2024
    --  Dodge brand total sales increased 16% Q2 over Q1; Charger, Challenger
        and Durango up 52%, 18% and 18%, respectively, for the same time period
    --  Chrysler brand sales grew 14% in total sales Q2 over Q1 2024
    --  Alfa Romeo saw growth of 9% in total sales increase Q2 over Q1 2024
    --  FIAT brand launched the all-new, all-electric Fiat 500e in Q2
    --  Stellantis took four of five top-selling plug-in hybrid spots in U.S.
        with the Jeep Wrangler 4xe (No. 1), Jeep Grand Cherokee 4xe (No. 2),
        Chrysler Pacifica Hybrid (No. 4) and Dodge Hornet (No. 5)
    --  Summer Select Inventory Bonus Cash program kicks off with up to $2,000
        cash back
    --  All-electric Grand Wagoneer S, revealed globally last month, is open for
        vehicle reservations online at www.jeep.com

FCA US LLC reports total sales of 344,993 vehicles in the second quarter for 2024. Overall, second-quarter 2024 total U.S. sales declined 21% year over year while demonstrating strong quarter-over-quarter improvement.

"With the moves we made the first half of the year, including working toward a multi-energy strategy consisting of BEV, PHEV and ICE vehicles that meets the demand of our customers, and pricing adjustments across our U.S. brands, including Jeep®, Dodge, Chrysler and Ram, we're seeing significant momentum this quarter over the previous quarter of 2024, both in total U.S. sales, which saw an increase of 4% during the period, and in market share," said Matt Thompson, head of U.S. retail sales. "Additionally, beginning today, we are launching a national 'Summer Select Inventory Bonus Cash' incentive campaign, which will provide up to $2,000 cash back across many of our nameplates.

"We're also seeing orders ramp up for the new Ram 1500 light-duty as that highly anticipated vehicle moves to the next phase of its build."

"We've been working very closely with Stellantis leadership to better serve our customers by providing the mix of products they desire and at competitive pricing," said Kevin Farrish, National Dealer Council chairman for Stellantis. "It's been a very open, collaborative effort working together as a team, and we'll continue to tackle these important issues together on behalf of our customers.

Jeep Wrangler 4xe, Jeep Grand Cherokee 4xe, Dodge Hornet R/T and Chrysler Pacifica Hybrid held their ranking as four of the top-five best-selling plug-in hybrids in the U.S. (Source: S&P Global Mobility U.S. State Registrations database through April 30, 2024)

Sales of the Jeep Wrangler 4xe accounted for 39% (15,124 units) of total Wrangler sales in the second quarter; sales of the Jeep Grand Cherokee 4xe accounted for 12% (6,460 units) of total Grand Cherokee sales in the second quarter.

The Dodge brand's first muscle-inspired electrified crossover, the Hornet R/T, accounted for 46% (1,983 units) of total Hornet sales. Dodge will deliver the world's first and only electric muscle car, 2024 Dodge Charger Daytona, this year.

Pacifica Hybrid sales accounted for 21% (7,858 units) of total Pacifica sales in the second quarter.

The Alfa Romeo Tonale, the brand's first electrified offering introduced to the market in the second half of 2023, sold 887 units.

FIAT, celebrating its 125th birthday this July, continues to see initial deliveries of the all-new, all-electric Fiat 500e reach dealers across the United States. The new Fiat 500e was recently named the 2024 Urban Green Car of the Year by Green Car Journal.

"From the commercial fleet side, the Ram ProMaster demonstrated unprecedented growth of 373% this past quarter over the first quarter of 2024," said Jeff Kommor, head of U.S. commercial sales. "Our customers are also excited and are embracing the launch of Ram Professional Pro One, providing commercial service support, connected services, commercial financing and upfit friendliness, among the host of services the program offers."

The Ram ProMaster also saw total U.S. sales increase 163% during the second quarter over Q1 2024. The Ram brand's heavy-duty pick-up line saw total U.S. sales increase 28% for its Ram 2500 and 33% for its Ram 3500 during the same period.

The Ram Pro One program, servicing and providing support for commercial fleet customers, launched in late 2023. Most recently, Ram was ranked the No. 1 industry brand in J.D. Power Initial Quality Study, the only truck-exclusive brand ever to top prestigious benchmarking study.

Stellantis North America
Stellantis (NYSE: STLA) is one of the world's leading automakers, aiming to provide clean, safe and affordable freedom of mobility for all. In North America, it's best known for producing and selling vehicles in a portfolio of iconic, innovative and award-winning brands, including Jeep®, Chrysler, Dodge//SRT, Ram, Alfa Romeo and Fiat. Stellantis is executing its Dare Forward 2030, a bold strategic plan that paves the way to achieve the ambitious target of becoming a carbon net zero mobility tech company by 2038, while creating added value for all stakeholders.

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              FCA US LLC Sales Summary Q2 2024




                                                           Q2 Sales          Vol %              CYTD Sales          Vol %


        
            
              Model                  Curr Yr           Pr Yr    Change   Curr Yr             Pr Yr        Change



      Compass                                      22,195           28,083      -21 %    49,842             51,292           -3 %



      Patriot                                           0                0                    0                  0



      Wrangler                                     38,896           46,671      -17 %    77,204             84,642           -9 %



      Gladiator                                    10,489           13,751      -24 %    23,478             27,326          -14 %



      Cherokee                                        969            6,006      -84 %     2,165             19,219          -89 %



      Grand Cherokee                               52,296           70,454      -26 %   106,751            124,956          -15 %



      Renegade                                      1,563            5,020      -69 %     7,326              9,149          -20 %



      Wagoneer                                     16,734            8,075      107 %    29,865             13,635          119 %



      Grand Wagoneer                                4,005            3,224       24 %     7,555              5,268           43 %



      
              JEEP BRAND                       147,147          181,284      -19 %   304,186            335,487           -9 %



      Ram P/U                                      90,109          117,699      -23 %   179,526            223,049          -20 %



      ProMaster Van                                15,369           20,200      -24 %    21,222             37,894          -44 %



      ProMaster City                                    7            4,114     -100 %        45              9,792         -100 %



      
              RAM BRAND                        105,485          142,013      -26 %   200,793            270,735          -26 %



      200                                               0                1     -100 %        -1                  1         -200 %



      300                                           1,998            4,208      -53 %     3,691              7,197          -49 %



      Town & Country                                    0                0                    0                  0



      Pacifica                                     37,768           44,935      -16 %    70,882             73,845           -4 %


                  CHRYSLER BRAND                    39,766           49,144      -19 %    74,572             81,043           -8 %



      Dart                                              0                0                    0                  0



      Viper                                             0                0                    1                  0



      Hornet                                        4,299            2,597 New           11,718              2,619     New



      Charger                                      16,216           24,604      -34 %    26,876             46,710          -42 %



      Challenger                                   11,480           12,904      -11 %    21,217             24,275          -13 %



      Journey                                           0                4     -100 %         0                 12         -100 %



      Caravan                                           0                1     -100 %         2                  2            0 %



      Durango                                      17,792           19,642       -9 %    32,921             37,109          -11 %


                  DODGE  BRAND                      49,787           59,752      -17 %    92,735            110,727          -16 %



      500                                             163                1    16200 %       204                  1        20300 %



      500L                                              0                0                    0                  3         -100 %



      500X                                            153              143        7 %       266                278           -4 %



      Spider                                            0                0                    0                  0



      
              FIAT BRAND                           316              144      119 %       470                282           67 %



      Giulia                                          656              865      -24 %     1,296              1,831          -29 %



      Alfa 4C                                           0                1     -100 %         0                  1         -100 %



      Stelvio                                         949            1,328      -29 %     1,866              2,752          -32 %



      Tonale                                          887              117 New            1,615                117     New



      
              ALFA ROMEO                         2,492            2,311        8 %     4,777              4,701            2 %


      
            
              FCA US LLC               344,993          434,648      -21 %   677,533            802,975          -16 %


      
              
                FCA US LLC Sales Summary H1 24CY vs H1 23CY




                                                                          H1 Sales       Vol %


                             Model                 2024                            Pr Yr   Change


        Compass                                  49,842                           51,292      -3 %


        Patriot                                       0                                0


        Wrangler                                 77,204                           84,642      -9 %


        Gladiator                                23,478                           27,326     -14 %


        Cherokee                                  2,165                           19,219     -89 %


        Grand Cherokee                          106,751                          124,956     -15 %


        Renegade                                  7,326                            9,149     -20 %


        Wagoneer                                 29,865                           13,635     119 %


        Grand Wagoneer                            7,555                            5,268      43 %


                     JEEP BRAND                 304,186                          335,487      -9 %


        Ram P/U                                 179,526                          223,049     -20 %


        ProMaster Van                            21,222                           37,894     -44 %


        ProMaster City                               45                            9,792    -100 %


                     RAM BRAND                  200,793                          270,735     -26 %



       200                                          -1                                1    -200 %



       300                                       3,691                            7,197     -49 %


        Town & Country                                0                                0


        Pacifica                                 70,882                           73,845      -4 %


                     CHRYSLER BRAND              74,572                           81,043      -8 %



       Dart                                          0                                0



       Viper                                         1                                0



       Hornet                                   11,718                            2,619     347 %


        Charger                                  26,876                           46,710     -42 %


        Challenger                               21,217                           24,275     -13 %


        Journey                                       0                               12    -100 %


        Caravan                                       2                                2       0 %


        Durango                                  32,921                           37,109     -11 %


                     DODGE  BRAND                92,735                          110,727     -16 %



       500                                         204                                1   20300 %



       500L                                          0                                3    -100 %



       500X                                        266                              278      -4 %



       Spider                                        0                                0


                     FIAT BRAND                     470                              282      67 %



       Giulia                                    1,296                            1,831     -29 %


        Alfa 4C                                       0                                1    -100 %


        Stelvio                                   1,866                            2,752     -32 %



       Tonale                                    1,615                              117    1280 %


                     ALFA ROMEO                   4,777                            4,701       2 %


                           FCA US LLC           677,533                          802,975     -16 %

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SOURCE FCA US LLC