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A review of restated Fiat Chrysler sales at the model level points to a company that either didn't accurately know what it was selling month to month or was playing fast and loose with its fleet sales. In its unprecedented restatement a year ago, which revealed that its then-vaunted streak of year-over-year sales gains actually had ended in 2013, FCA US downplayed the differences between what it had historically reported as its monthly sales and what a new reporting methodology showed was actually occurring. Let's take a deeper look at the figures. FCA and its dealers report...
FCA says it is recalling 1.33 million vehicles worldwide in two separate campaigns for potential fire risks and inadvertent airbag deployments. The automaker said it is recalling about 770,000 SUVs because of a wiring issue that may lead to inadvertent deployment of the driver-side airbag and is linked to reports of five related minor injuries, but no crashes. The company said wiring could chafe against pieces of steering-wheel trim, potentially causing a short-circuit and ultimately leading to an inadvertent airbag deployment. The recall covers 538,000 2011-2015 Dodge Journey vehi...
Chevrolet Camaro deliveries in the United States totaled 7,841 units in May 2017, an increase of 34.6 percent compared to 5,827 units sold in May 2016. In the first five months of 2017, sales of the sports car are flat over 2016 levels. In Canada, the Camaro recorded 447 deliveries in May 2017, an increase of 10.6 percent compared to 404 units sold in May 2016. In the first five months of the year, Camaro sales totaled 1,369 units in Canada, an increase of 16.3 percent compared to the first five months of 2016. By comparison, Dodge Challenger sales grew 2.3 percent during the month ...
We were expecting for car sales to calm down in February, but despite all the expectations and predictions we were still hoping for better results. Bad news, U.S. auto sales showed to be even less resilient this month than anticipated. If we have to compare these results with February last year, than they are down 1.1%. Automakers like General Motors (GM), American Honda Motor Co., and Nissan North America reported new-car sales gains from a year ago. Volkswagen Group, plus the premium German nameplates and three independent brands, also posted sales increases. However, Ford Motor Co. (Ford) a...
Pickup trucks are those vehicles used primarily as work but not anymore. It could have happened until the 1950s when consumers used to buy pickups because they needed to use them in work, now they buy them because they love them. The pickup truck is now the top-selling vehicle in the United States. Domestically, the three top-selling vehicles for the month of January are all trucks. The Ford Motor Co. F-Series took the number one spot, with nearly 60,000 vehicles sold last month. Chevrolet Silverado from General Motors Co. (NYSE: GM) sold 35,553 vehicles and the Fiat Chrysler Automo...
