Fiat Chrysler reports best July sales since 2005

(August 3, 2015) AUBURN HILLS, Mich. — FCA US today reported U.S. sales of 178,027 units, a 6 percent increase compared with sales in July 2014 (167,667 units), and the group’s best July sales since 2005. The Chrysler, Jeep, and Ram Truck brands each posted year-over-year sales gains in July 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. The group extended its streak of year-over-year sales gains to 64-consecutive months.

“Last week FCA announced a 69 percent increase in second quarter profits and now we post our best July U.S. sales since 2005,” said Reid Bigland, head of U.S. Sales. “With Jeep sales up 23 percent, we were also able to achieve our 64th-consecutive month of year-over-year sales increases.”
 
Eight FCA US vehicles set records in the month of July, including the Chrysler 200, which posted the largest percentage year-over-year increase of any FCA US vehicle in the month. Sales of the 200 were up 85 percent, the mid-size sedan’s best July sales ever. In addition, the Dodge Challenger, Dodge Journey, Jeep Wrangler, Jeep Cherokee, Jeep Patriot, Jeep Compass, and Ram ProMaster each recorded their best July sales ever.
 
FCA US finished the month of July with an 82-day supply of inventory (563,809 units). U.S. industry sales figures for July are internally projected at an estimated 17.8 million units Seasonally Adjusted Annual Rate (SAAR).