Fiat Chrysler: March U.S. Sales Best Since 2007
April 1, 2015—Fiat Chrysler Automobiles US LLC (FCA US) reported on Wednesday U.S. sales of 197,261 units in March, a 2-percent increase compared with sales in March 2014 (193,915 units), and the group's best sales figure for the month since 2007.
The Chrysler, Jeep and Ram Truck brands each posted year-over-year sales gains in March compared with the same month a year ago. The Jeep brand's 23-percent increase was the largest sales gain of any FCA US brand during the month and its best monthly sales ever. The group extended its streak of year-over-year sales gains to 60-consecutive months.
Eight FCA US vehicles set records in the month of March, including five vehicles that posted their best monthly sales ever. The Chrysler 200, Dodge Dart, Dodge Journey, Jeep Cherokee, and Jeep Patriot each logged an all-time sales record last month. The 200 mid-size sedan achieved its record with a 155-percent year-over-year increase, the largest percentage increase of any FCA US vehicle in March. In addition, the Jeep Wrangler, Jeep Compass, and Ram ProMaster van each recorded their best ever sales in the month of March.
FCA US finished the month of March with a 73-day supply of inventory (578,648 units). U.S. industry sales figures for March are internally projected at an estimated 17.1 million units Seasonally Adjusted Annual Rate (SAAR).