RAM Pickups continue to power the brand. Wayne Gerdes – CleanMPG – May 2, 2017 2017 RAM 2500 RWD Tradesman w/ the 383 hp and 400 lb-ft. of torque 5.7L V8 - $33,540 to start incl. the $1,395 D&H Charge. No rating on efficiency is provided given the > 8,500 GVWR but I suspect it would provide a 15/18 mpgUS city/highway rating. Al the more reason for the 6.7L Cummins I6 TD. Besides those basic details, this truck in base trim and spec can be found for under $29k. A full blown work truck for that kind of price is a pretty good deal. If you do not gussie it up with anything other than the Cummins that is. FCA April 2017 Sales Overview FCA’s April 2017 U.S. sales of 177,441 were down 6.6 percent below the 190,071 sold in April of 2016. On a daily selling rate basis, sales were off just 3.1 percent. YTD sales of 691,527 vehicles was down 7.9 percent from the 750,458 sold through the same period of 2016. The daily selling rate YTD decline was a slightly smaller 6.9 percent. In April, FCA reported retail sales of 146,791 vehicles was down 3 percent for the month, and represented 83 percent of total April sales. Fleet sales reached 30,650 vehicles, 17 percent of total sales and down 21 percent year over year as the company continues to reduce sales to the daily rental segment. April Ram pickup truck sales of 43,321 was up a healthy 7.6 percent over the 40,264 sold in April of 2016. On a DSR basis, the result was up an even more eye opening 11.7 percent. YTD sales of 162,520 is up 5.8 percent over the 153,562 sold through the same period of 2016. On a DSR basis, YTD sales are up 6.9 percent. 2017 RAM 2500 Tradesman – TrueCar Price Report Some of the reason for the RAM taking the number two sales spot both in the segment and in the U.S. Top 10, GM is quietly lowering incentives on its pickup truck lineup to improve profitability further. Just my opinion but the plan could back fire over the longer term truck consumers are just as cost conscious as anyone else and the RAM is by far a more cost effective offering. On the Jeep side, the Grand Cherokee achieved April sales of 18,877 vehicles, up 6.2 percent over the 17,768 sold in April of 2016. On a DSR basis, April sales were up 10.3 percent. YTD sales of 75,477 were up 15.4 percent over the 65,426 sold through April of 2016. On a DSR basis, sales were up 16.5 percent. The U.S. Automobile April 2017 vs. April 2016 Market Share results. It was a tough month for GM in terms of their profit center(s) with the Silverado, Sierra, Colorado, and Canyon being outsold by the F-Series. Notice the RAM. For the second month in a row it outsold the Silverado. The Accord broke back into the Top 10 with the Altima falling off. Notice the highly regarded 2017 Toyota Prius Prime outsold the Volt for the first time and took the top spot in the electric segment. Kia’s Niro achieved sales of 2,939 sold and its sales volume is still climbing with another 235 units added from last month’s 2,704 sold. U.S. April 2017 Sales vs. April 2016 Sales Ranks and Results for the top 18 Automobile Manufacturers GM April 2017 Sales Down 5.8% with 244,406 Vehicles sold Ford April 2017 Sales Down 7.2% with 214,695 Vehicles sold Toyota April 2017 Sales Down 4.4% with 201,926 Vehicles sold FCA April 2017 Sales Down 6.6% with 177,441 Vehicles sold Honda April 2017 Sales Down 7.0% with 138,386 Vehicles sold Nissan April 2017 Sales Down 1.5% with 121,998 Vehicles sold Hyundai April 2017 Sales were up 1.3% with 63,050 Vehicles sold Kia April 2017 Sales Down 5.6% with 53,358 Vehicles sold Subaru April 2017 Sales Up 3.9% with 52,368 Vehicles sold Mercedes-Benz April 2017 Sales Down 8.7% with 29,490 Vehicles sold VW April 2017 Sales Up 1.6% with 27,557 Vehicles sold BMW April 2017 Sales Down 12.2% with 26,105 Vehicles sold Mazda April 2017 Sales Down 7.8% with 24,164 Vehicles sold Audi April 2017 Sales Up 5.1% with 18,711 Vehicles sold Jaguar/Land Rover April 2017 Sales Up 34.5% with 8,441 Vehicles sold Mitsubishi April 2017 Sales Down 13.4% with 8,375 Vehicles sold Volvo April 2017 Sales Up 15.4% with 7,121 Vehicles sold Porsche April 2017 Sales Up 2.2% with 5,529 Vehicles sold In April, Honda moved ahead of Nissan, Kia ahead of Subaru, and both Mercedes-Benz and VW moved ahead of BMW. U.S. Automobile April 2017 sales were off 4.0 percent on a volume basis (1.44 million vs 1.50 million) but just 0.7 percent on a DSR Daily Selling Rate basis. 26 selling days in April of 2017 vs 27 in April of 2016. The industry is beginning to slow. How long the OEMs will be able to maintain profit margins with mildly sinking sales remains to be seen. Ford's weak quarter announced last week may be just the start of a longer term decline for the industry. There will still be profits but lower financial results on lower volumes are probably in the cards for the U.S. market over the short to intermediate term.
FCA Canada Sales Down 9.0% With Sales of 27,373 Vehicles FCA of Canada achieved April sales of 27,373, down 9.0 percent below the 30,064 sold in April of 2016. YTD sales of 91,462 are down 2.1 percent below the 93,428 sold through the same period of 2016. April 2017 FCA Canada Sales Highlights April Ram sales of 9,883 were up 10.4 percent over the 8,956 sold in April of 2016. YTD sales of 31,685 were flat compared to the 31,664 sold through the same period of 2016. The other large money maker, Jeep, took one on the chin aa has been the case throughout 2017. April Sales of 5,881was down 34.9 percent below the 9,039 sold in April of 2016. YTD sales of 21,879 was down 20.1 percent below the 27,661 sold through the same period of 2016. Top 6 Canada September 2016 Auto Sales GM Canada April 2017 Sales Up 16.4% with 30,948 Vehicles Sold Ford Canada April 2017 Sales Up 0.2% with 30,401 Vehicles Sold FCA Canada April 2017 Sales Down 9.0% with 27,373 Vehicles Sold Toyota Canada April 2017 Sales Up 1.6% with 19,406 Vehicles Sold Honda Canada April 2017 Sales Up 2.2% with 18,299 Vehicles Sold Nissan Canada April 2017 Sales Down 6.5% with 11,355 Vehicles Sold