Fiat Chrysler Automobiles (FCAU) U.S. Auto Sales Rose 1.7% in Aug.; Est. Down 1.2% - StreetInsider.com
FCA US LLC today reported U. S. sales of 201,672 units, a 2 percent increase compared with sales in August 2014 (198,379 units), and the group’s best August sales since 2002. The Jeep® and Ram Truck brands each posted year-over-year sales gains in... The Jeep brand’s 18 percent increase was the largest sales gain of any FCA US brand during the month. “In spite of a tough 2014 comparison and extreme stock market volatility, our dealer’s competitive spirit kicked in and propelled us to our 65th-consecutive month of year-over-year sales increases,” said Reid Bigland, Head of U. S. Sales. “Our Jeep brand turned in a double-digit increase while eight individual models, including four Jeep brand vehicles, set sales records. Eight FCA US vehicles set records in the month of August, including the Jeep Compass which posted the largest percentage year-over-year increase of any Jeep brand vehicle in the month. Sales of the Compass were up 58 percent, the compact SUV’s best sales month ever. In addition, the Jeep Wrangler, Jeep Cherokee, Jeep Patriot, Dodge Challenger, Dodge Journey, Ram pickup truck and Ram ProMaster van each recorded their best August sales ever. Jeep brand sales increased 18 percent, the brand’s best sales month ever and its 23rd-consecutive month of year-over-year. Source: www.streetinsider.com
