FCA US Reports First-quarter 2021 U.S. Sales

Rhea-AI Summary

FCA US LLC reported a 5% increase in first-quarter U.S. total sales, reaching 469,651 vehicles compared to 446,768 in 2020. Retail sales surged 25%, with notable performances from the Jeep brand, including Wrangler sales up 25% to 49,646 vehicles. Ram brand achieved its best-ever monthly and quarterly retail sales, rising 28%. Chrysler and Alfa Romeo brands also saw increases of 32% and 25% respectively. However, Dodge sales fell by 28%, driven by significant declines in models like the Journey and Caravan.

Positive

• 5% increase in total U.S. sales year-over-year.
• 25% rise in retail sales, reflecting strong consumer demand.
• Jeep Wrangler and Gladiator achieved record sales.
• Ram brand recorded best-ever first-quarter and monthly retail sales, up 28%.
• Chrysler brand sales increased by 32%, with Pacifica sales up 57%.
• Alfa Romeo's total sales rose by 25%, driven by Stelvio and Giulia models.

Negative

• Dodge brand sales decreased by 28% compared to the previous year.
• Significant declines in Dodge Journey (down 55%) and Caravan (down 93%) sales.

AUBURN HILLS, Mich., April 1, 2021 /PRNewswire/ --

• First-quarter retail sales rise 25%
• Jeep® Wrangler posts best-ever first-quarter retail sales
• Ram brand reports best month of retail sales ever in March
• Alfa Romeo first-quarter total sales rise 25%
• Chrysler brand first-quarter total sales increase 32%
• Dodge Muscle Cars retail sales up 29% year-over-year
• Dodge Durango retail sales up 61%

FCA US LLC reported a 5 percent increase in first-quarter U.S. total sales driven by strong retail demand. For the quarter, U.S. sales were 469,651 vehicles, compared with 446,768 for the same period a year earlier. Retail sales rose 25 percent, compared with the first quarter of 2020. Focus on growing the commercial fleet business continues to pay dividends with fleet commercial sales up 24 percent compared with the first quarter of 2020. Fleet accounted for 19 percent of total sales for the quarter.

"In spite of what started out as a strong start last year, before COVID shocked us all, this quarter was a very strong rebound for retail sales year over year," said U.S. Head of Sales Jeff Kommor. "The consumer demand for our brands and our products was extremely strong throughout the quarter."  

The Jeep® brand saw its iconic Wrangler post the best-ever first-quarter retail sales, following the best-ever fourth-quarter sales in 2020. Total Wrangler sales rose 25 percent to 49,646 vehicles. Jeep Gladiator followed suit. Following its best-ever fourth-quarter sales in 2020, Gladiator posted its best-ever first quarter with total sales of 18,822 vehicles, a 23 percent increase over the same period last year. Gladiator also had its best month of retail and total sales in March since launch. This is an exciting time for the Jeep brand, with the new 2021 Jeep Wrangler Rubicon 392 and the all-new 2021 Wrangler 4xe plug-in hybrid arriving in dealerships soon. In the second quarter, the Grand Cherokee L will make its debut in dealership showrooms. Customers can also look forward to the all-new 2022 Wagoneer and Grand Wagoneer arriving in the large SUV segment as a premium extension of the brand.

Ram recorded its best-ever first quarter retail sales. In March, the Ram brand also posted its best-ever monthly retail sales. Overall, Ram retail sales rose 28 percent in the quarter based on strong consumer demand for trucks. 

For the first quarter, the Alfa Romeo brand posted a 25 percent gain in total sales compared with the same period last year, with sales of the Stelvio SUV increasing by 34 percent and the Giulia sedan by 17 percent. These results follow 2020, in which the Alfa Romeo brand grew both volume and market share. 

Total first-quarter sales of the Chrysler brand increased 32 percent to 39,737 vehicles, led by the Chrysler Pacifica – America's most capable minivan. First-quarter retail sales of Pacifica increased 57 percent, compared to the first quarter of 2020.

Coming off a strong 2020, Dodge Challenger and Charger continue the trend in the first quarter, with retail sales of the muscle cars up 29 percent year-over-year.  The new 2021 Dodge Durango, the ultimate "no-compromise" SUV continues to raise the bar, adding to the brand's success both on the road and in the showroom, turning in a 61 percent increase in first-quarter retail sales. The top purchase reasons for Dodge vehicles are overall exterior styling, being "fun to drive" and overall power and acceleration, and Kelley Blue Book is recognizing America's performance brand by naming Dodge the Best Car Styling Brand in the 2021 Brand Image Awards for the third year in a row.

	FCA US LLC Sales Summary Q1 2021
		Q1 Sales		Vol %	CYTD Sales		Vol %
	Model	Curr Yr	Pr Yr	Change	Curr Yr	Pr Yr	Change
	Compass	19,959	29,820	-33%	19,959	29,820	-33%
	Patriot	0	1	-100%	0	1	-100%
	Wrangler	49,646	39,668	25%	49,646	39,668	25%
	Gladiator	18,822	15,259	23%	18,822	15,259	23%
	Cherokee	37,923	33,675	13%	37,923	33,675	13%
	Grand Cherokee	55,198	50,083	10%	55,198	50,083	10%
	Renegade	15,997	14,164	13%	15,997	14,164	13%
	JEEP BRAND	197,545	182,670	8%	197,545	182,670	8%
	Ram P/U	148,836	128,805	16%	148,836	128,805	16%
	ProMaster Van	10,880	9,585	14%	10,880	9,585	14%
	ProMaster City	3,204	2,096	53%	3,204	2,096	53%
	RAM BRAND	162,920	140,486	16%	162,920	140,486	16%
	200	1	3	-67%	1	3	-67%
	300	5,394	5,596	-4%	5,394	5,596	-4%
	Town & Country	0	0		0	0
	Pacifica	34,342	24,525	40%	34,342	24,525	40%
	CHRYSLER BRAND	39,737	30,124	32%	39,737	30,124	32%
	Dart	1	3	-67%	1	3	-67%
	Charger	19,740	18,628	6%	19,740	18,628	6%
	Challenger	15,096	12,138	24%	15,096	12,138	24%
	Viper	2	0		2	0
	Journey	6,880	15,152	-55%	6,880	15,152	-55%
	Caravan	1,709	24,931	-93%	1,709	24,931	-93%
	Durango	20,560	17,805	15%	20,560	17,805	15%
	DODGE  BRAND	63,988	88,657	-28%	63,988	88,657	-28%
	500	4	327	-99%	4	327	-99%
	500L	69	130	-47%	69	130	-47%
	500X	265	283	-6%	265	283	-6%
	Spider	477	388	23%	477	388	23%
	FIAT BRAND	815	1,128	-28%	815	1,128	-28%
	Giulia	2,065	1,759	17%	2,065	1,759	17%
	Alfa 4C	24	31	-23%	24	31	-23%
	Stelvio	2,557	1,913	34%	2,557	1,913	34%
	ALFA ROMEO	4,646	3,703	25%	4,646	3,703	25%
	FCA US LLC	469,651	446,768	5%	469,651	446,768	5%

FCA US LLC
FCA US LLC is a North American automaker based in Auburn Hills, Michigan. It designs, manufactures, and sells or distributes vehicles under the Chrysler, Dodge, Jeep, Ram, FIAT and Alfa Romeo brands, as well as the SRT performance designation. The Company also distributes Mopar and Alfa Romeo parts and accessories. FCA US is building upon the historic foundations of Chrysler Corp., established in 1925 by industry visionary Walter P. Chrysler and Fabbrica Italiana Automobili Torino (F.I.A.T.), founded in Italy in 1899 by pioneering entrepreneurs, including Giovanni Agnelli. FCA US is a member of the Fiat Chrysler Automobiles N.V. (FCA) family of companies. (NYSE: FCAU/ MTA: FCA). For the methodology of determining FCA US LLC monthly sales click here.

These statements are based on current expectations and projections about future events and, by their nature, are subject to inherent risks and uncertainties. They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them. Actual results may differ materially from those expressed in such statements as a result of a variety of factors, including: volatility and deterioration of capital and financial markets, changes in commodity prices, changes in general economic conditions, economic growth and other changes in business conditions, weather, floods, earthquakes or other natural disasters, changes in government regulation, production difficulties, including capacity and supply constraints, and many other risks and uncertainties, most of which are outside of our control.

For more information, please visit the Stellantis media site for North America at https://media.stellantisnorthamerica.com.

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SOURCE FCA US LLC

FAQ

What are FCAU's total U.S. sales for Q1 2021?

FCAU reported total U.S. sales of 469,651 vehicles in Q1 2021.

How much did retail sales increase for FCAU in Q1 2021?

FCAU's retail sales rose by 25% in Q1 2021 compared to the same period last year.

What was the performance of Jeep brand sales in Q1 2021?

The Jeep brand posted a 25% increase in sales, with Wrangler achieving record sales.

Did Ram brand achieve any sales milestones in Q1 2021?

Yes, Ram brand recorded its best-ever first-quarter and monthly retail sales in March.

What are the sales figures for the Chrysler brand in Q1 2021?

Chrysler brand sales increased by 32% in Q1 2021, totaling 39,737 vehicles.