Cars and Drivers
Fiat Chrysler Quality Ratings Hammered by Consumer Reports
Published:
Last Updated:
In January, Fiat Chrysler Automobiles N.V. (NYSE: FCAU) posted another month of impressive sales improvement, mostly because of demand for its Jeep sport utility vehicles (SUVs) and Ram pickups. Quality ratings of its brands have not come close to matching sales. In a Consumer Reports annual study “to determine which car brands consistently deliver vehicles that serve consumers well,” Fiat Chrysler brands were slaughtered.
The Consumer Reports data covered 30 brands. The lowest rated among them was the troubled Fiat brand, which has made no progress in the U.S. market. The leader among all brands in the study, Audi, posted an overall score of 80. Fiat’s score was 36, which put it at the bottom of the list. Among the Fiat models tested, none was recommended for purchase. Jeep, in the next to last place with an overall rating 43, also had no recommended models. Neither did Chrysler, which finished in 26th place. Only Dodge made the recommended list with 17% of its models. It ranked 25th overall, with an overall rating of 58.
Fiat Chrysler brands also have posted terrible ratings in other studies, particularly the J.D. Power 2015 U.S. Vehicle Dependability Study.
Fiat Chrysler CEO Sergio Marchionne has a large problem in the United States, which is whether consumers will start to turn their backs on vehicles made by the company he runs. Poor quality is bound to smother sales eventually. The open issue is by how much, and when.
The #1 Thing to Do Before You Claim Social Security (Sponsor)
Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.
A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.
Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
