Fiat Chrysler Automobiles NV (FCAU) Stock Down Despite Strong August Sales - Celebrity Cafe - Entertainment News (blog)
Ford saw a 5. 4 percent rise in sales for the month, more than double the 2 percent rise predicted by Edmunds. FCA predicted that the auto business in August will proceed its current development of strong gross sales which are stronger than the general U. S. financial system, and can outstrip an estimate of 17. three million automobiles for the business on... Eight of Fiat Chrysler’s vehicles set monthly sales records in August: the Jeep Compass, Cherokee, Wrangler, and Patriot, the Ram pickup and ProMaster van, and Dodge’s Challenger and Journey. sales fell only 0. 6 percent – far less than the 3. 3 percent drop expected by analysts – despite a calendar quirk that meant Labor Day sales were not included in this year’s results. FCA sales reached 200,139 light vehicles in August, marking the second time the automaker surpassed the 200,000 mark this year. Chevrolet sales for the month of August were up 12 per cent driven by sales of the Malibu, Equinox, Traverse and Suburban. General Motors, reducing its sales to rental auto companies, may have fallen 2. 6 per cent and Ford may have slid 0. 2 per cent. Other models like the full-size Yukon SUV fell by 5 percent, and its even larger sibling, the Yukon XL, dropped by 35 percent. Source: celebcafe.org
