BREAKING
Advanced Drainage Systems Jumps 7.7% Amid Sector-Wide Rally 37 minutes ago AeroVironment Drops 6.3% Amid Sector-Wide Selling 38 minutes ago WaFd Jumps 7.5% Amid Sector-Wide Selling 40 minutes ago Why Albemarle Is Dropping 9.0%? 1 hour ago Chord Energy Drops 9.6% Amid Sector-Wide Selling 1 hour ago Onto Innovation Jumps 7.9% After Evercore ISI Group Main to Outperform 1 hour ago Occidental Petroleum Drops 7.5% Amid Sector-Wide Selling 2 hours ago Why Netflix Is Dropping 9.8%: Barclays Main to Equal-Weight 2 hours ago CVR Energy Plunges 10.6% Amid Sector-Wide Selling 2 hours ago Hims & Hers Health Jumps 8.7% After B of A Securities Main to Neutral 2 hours ago Advanced Drainage Systems Jumps 7.7% Amid Sector-Wide Rally 37 minutes ago AeroVironment Drops 6.3% Amid Sector-Wide Selling 38 minutes ago WaFd Jumps 7.5% Amid Sector-Wide Selling 40 minutes ago Why Albemarle Is Dropping 9.0%? 1 hour ago Chord Energy Drops 9.6% Amid Sector-Wide Selling 1 hour ago Onto Innovation Jumps 7.9% After Evercore ISI Group Main to Outperform 1 hour ago Occidental Petroleum Drops 7.5% Amid Sector-Wide Selling 2 hours ago Why Netflix Is Dropping 9.8%: Barclays Main to Equal-Weight 2 hours ago CVR Energy Plunges 10.6% Amid Sector-Wide Selling 2 hours ago Hims & Hers Health Jumps 8.7% After B of A Securities Main to Neutral 2 hours ago
ADVERTISEMENT
Market News

RAM vehicles struggle to save falling Fiat Chrysler US sales in February

International automaker Fiat Chrysler is looking at another difficult time in the United States of America after all brands except RAM recorded sales slump in February, according to an FCA US announcement on Thursday. Overall US sales in February slid 2% to 162,036 vehicles in a soft market, vs. 165,903 vehicles it sold in February […]

March 1, 2019 1 min read
Market News

International automaker Fiat Chrysler is looking at another difficult time in the United States of America after all brands except RAM recorded sales slump in February, according to an FCA US announcement on Thursday. Overall US sales in February slid 2% to 162,036 vehicles in a soft market, vs. 165,903 vehicles it sold in February […]

International automaker Fiat Chrysler is looking at another difficult time in the United States of America after all brands except RAM recorded sales slump in February, according to an FCA US announcement on Thursday.

Overall US sales in February slid 2% to 162,036 vehicles in a soft market, vs. 165,903 vehicles it sold in February 2018.

Overall JEEP brand sales slipped 4% to 67,075 vehicles, while Chrysler brand slumped 36% selling just 10,368 units in the second month of 2019.

Fiat Chrysler sales fall in February 2019, RAM sales rise
The RAM 1500 Limited Edition of 2019 (Credit: FCA Group US)

Dodge fell 8% to 37,073 units, while the FIAT brand slid a troubling 50% to just 616 automobiles. Alfa Romeo slumped 13% to 1,362 units.

This year has already seen Fiat Chrysler pulling the FIAT brand out of markets such as India, and the numbers don’t look encouraging for the US market as well.

On paper, only the RAM ProMaster Van which sold a considerable 4,632 units — more than doubling its sales from a year ago — looked encouraging.

Earnings Calendar: Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

ADVERTISEMENT