Market Overview

Fiat Chrysler Reports December U.S. Auto Sales Rose 20%


Fiat Chrysler Automobiles NV (NYSE: FCAU) on Monday reported U.S. December sales rose 20 percent from a year ago, as the company sold 193,261 total vehicles.

December's sales data marked the company's best December in a decade and marks the 57th consecutive month of year-over-year sales gains. However, the company's sales gain fell short of the 23 percent growth analysts were expecting.

"Our best December sales in a decade pushed our full-year sales over the 2-million unit threshold for our best annual sales since 2006. Last year marked our fifth-consecutive year of annual sales growth in the U.S., and once again, we were the fastest-growing automaker in the country," said Reid Bigland, Head of U.S. Sales.

Sales of Jeep vehicles rose 19 percent from a year ago to 63,274 units, Ram sales rose 35 percent to 48,628 units, Dodge sales dipped 2 percent to 46,578 units, Chrysler sales rose 53 percent to 30,930 units, while Fiat sales rose 1 percent to 3,784 units.

Shares of Fiat Chrysler were down 2.57 percent at $11.39.

Posted-In: auto sales Chrysler Dodge Fiat Jeep pickup trucksNews Retail Sales


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