FCA October 2016 Sales Down 10.3% with 176,609 Vehicles Sold

Discussion in 'In the News' started by xcel, Nov 8, 2016.

  1. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    [​IMG] FCA is lucky to have RAM within its portfolio.

    [​IMG]Wayne Gerdes – CleanMPG – Nov. 2, 2016

    2017 RAM 2500 w/ the 385 hp and 900 lb.-ft. of torque 6.7L Cummins I6 – The most efficient and lowest total maintenance and operation cost HD truck by a long ways that you can currently purchase. Probably lowest TCO as well but I do not have the residuals to state that as fact or not.

    FCA October 2016 U.S. Sales Overview

    FCA sold 176,609 vehicles in October, a 10.3 percent decrease compared with 196,898 sales in October of 2015. On a daily selling rate (DSR) basis with two fewer selling days this October vs. October of 2015, the brands sales were off 3.4 percent.

    FCA reported its retail (77%)/fleet sales (23%) breakout was 135,808/40,801 vehicles in October.

    YTD sales of 1,890,969 is up 2.1 percent over the 1,851,222 vehicles sold through the same period of 2015.

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    Ram Truck sales, which include the Ram pickup, Ram ProMaster and Ram ProMaster City, were up 12 percent in October compared with October of 2015.

    Ram pickup truck sales were up 7 percent, Ram ProMaster sales were up 92 percent, and Ram ProMaster City van sales were up 14 percent.

    Jeep sales were down 7 percent in October compared with October of 2015. October sales of the Grand Cherokee and Patriot were up 9 and 2 percent respectively.

    Chrysler sales were down a hard 45 percent in October versus October of 2015.

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    Notice how close the 2017 Ford Fusion Hybrid is to taking over the #1 spot held onto by the 4th gen Prius? The Prius has never been outsold by any Hybrid since the introduction of the 2nd gen as a 2004 MY offering way back in late 2003. If the Fusion Hybrid sells just another 550 units next month over this and Prius sales stay flat at this new extremely low sales level, the long held dominance of the Prius could be in jeopardy. Think what could happen if the upcoming Hyundai Ioniq arrives with a similar level of efficiency and lower price?

    October 2016 U.S. Automobile Market Share Detail

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    In October, GM’s U.S. market share was up a significant 0.7 percent while both Toyota and FCAs were down 0.5 and 0.7 percent respectively.

    On a volume basis, October of 2016 US Auto sales of 1.37 million vehicles was down 4.9 percent below October of 2015s 1.44 million vehicle sales result. Remember that there were 2 fewer selling days in October of 2016 or 7.8 percent fewer selling days.

    2016 YTD sales of 14.42 million is down 0.3 percent above the 14.46 million vehicles sold through the same period of 2015 with 2 (or 0.8 percent) fewer selling days.

    U.S. October 2016 Sales vs. October 2015 Sales Ranks and Results for the top 19 Automobile Manufacturers

    GM October 2016 Sales Down 1.7% with 258,626 Vehicles Sold
    Ford October 2016 Sales Down 11.7% with 188,813 Vehicles Sold
    Toyota October 2016 Sales Down 8.7% with 186,295 Vehicles Sold
    FCA October 2016 Sales Down 10.3% with 176,609 Vehicles Sold
    Honda October 2016 Sales Down 4.2% with 126,161 Vehicles Sold
    Nissan October 2016 Sales Down 2.2% with 113,520 Vehicles Sold
    Hyundai October 2016 Sales Up 4.2% with 62,505 Vehicles Sold
    Subaru October 2016 Sales Up 4.1% with 53,760 Vehicles Sold
    Kia October 2016 Sales Down 2.1% with 48,977 Vehicles Sold
    Mercedes-Benz October 2016 Sales Down 2.1% with 31,801 Vehicles Sold
    BMW October 2016 Sales Down 16.6% with 27,971 Vehicles Sold
    VW October 2016 Sales Down 18.5% with 24,779 Vehicles Sold
    Mazda October 2016 Sales Down 10.8% with 22,711 Vehicles Sold
    Audi October 2016 Sales Up 0.1% with 17,721 Vehicles Sold
    Mitsubishi October 2016 Sales Up 2.8% with 7,637 Vehicles Sold
    Volvo October 2016 Sales Down 14.4% with 6,340 Vehicles Sold
    Land Rover October 2016 Sales Down 23.2% with 5,532 Vehicles Sold
    Porsche October 2016 Sales Up 10.7% with 4,506 Vehicles Sold
    Jaguar October 2016 Sales Up 226% with 3,219 Vehicles Sold

    In October, VW moved back ahead of Mazda to take the 12th spot.

    The seasonally adjusted annual selling rate (SAAR) for light vehicles in October was 18.0 million vehicles. On a YTD sales basis, light-vehicle SAAR was 17.4 million vehicles.
     

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