Fiat Chrysler records 60th straight month of year-over-year sales gains

(April 1, 2015) AUBURN HILLS, Mich. — FCA US today reported U.S. sales of 197,261 units, a 2 percent increase compared with sales in March 2014, and the group’s best March sales 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.
 
“March was a tough month, yet we were able to extend our year-over-year sales streak to an even 60-consecutive months,” said Reid Bigland, Head of U.S. Sales. “Five years of consecutive monthly year-over-year sales increases is a great symbol of FCA’s commitment to continuous improvement and a tremendous source of pride for our entire organization.”
 
Eight FCA US vehicles set records in 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 March.
 
FCA US finished the month 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).