Stellantis NV
NYSE: STLA
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Fiat Chrysler's October sales dipped 4% as none of the company's major brands was able to post a monthly gain. The company's best-selling Ram pickup posted a 1% year-over-year gain for the month.
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October car sales are not expected to change much from the same month a year ago. However, U.S. sales of two major manufacturers are expected to diverge considerably.
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The Ram division of Fiat Chrysler has posted very aggressive incentives to sell some of its most popular models. Why are the incentives so aggressive?
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Efforts to keep a toehold for Fiat in the United States have been a failure so far, with its low and falling sales. The brand was just dealt another blow by Consumer Reports.
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Of the 27 brands covered by the Consumer Reports 2017 Car Brand Reliability Study, Cadillac finished dead last, a blow to the troubled luxury brand.
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European Union new car registrations totaled 1.43 million last month, down slightly from record sales of 1.46 million in September 2016.
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Ferrari has taken a further step toward building the company's first SUV. CEO Sergio Marchionne confirmed this morning that the company is moving ahead with its plans for an SUV.
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An offer of 0% APR financing for 72 months is aggressive for any car loan. General Motors Co.’s (NYSE: GM) Chevy is pushing it across most of its pickup line and a portion of its large sport...
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Ford's F-Series pickups were once again the country's best-selling pickups and best-selling vehicle in September. But FCA's Ram pickups were the only one of the Detroit Three to see a market share...
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Fiat U.S. sales problems got worse in September. Fiat has reached the point at which it is barely a niche product.
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Fiat Chrysler's September sales fell 10% year over year with big declines in Chrysler, Dodge and Fiat brands. FCA also announced that it is recalling about 650,000 U.S. SUVs to fix a brake problem.
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Fiat Chrysler is expected to have another horrible month, with sales down more than 8% in September. Sales for most other major car companies are expected to rise at a healthy pace.
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The include BioCryst Pharmaceuticals, Exxon Mobil, Fiat Chrysler Automobiles, Hewlett Packard Enterprise, IAMGOLD, Mallinckrodt and Rockwell Collins.
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Fiat Chrysler posted weak sales on all its car brands in the month of August. The company makes too many car models no one wants and too few SUVs and crossovers that people do want.
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It is hard to see why Fiat Chrysler continues to invest in the Fiat brand's presence in America at all, given its poor customer satisfaction grades and poor sales.
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