Chrysler Sales Up 2%; Company Recalls 207000 Jeep Cherokees - 24/7 Wall St.

Year over year, sales rose 2% at Fiat Chrysler Automobiles N. V. (NYSE: FCAU) in August to 201,672 units, the company’s best August sales level since 2002. The Jeep brand posted a sales gain of 18% year over year for the brand’s best-ever monthly... The Jeep Compass posted a sales gain of 58%, the all-new Renegade posted a month-over-month sales gain of 29% and Jeep Patriot sales rose 21%. On Monday, Chrysler said it is recalling 206,668 four-door Jeep Cherokees built between in 2014 for a... The company’s Jeep brand sold 80,804 units in August. Jeep has now set a sales record for 23 consecutive months. The Jeep Renegade had sales of 8,156 units in its fifth month of availability. Ram pickup sales rose 6% in August to 45,310 units, after posting a 1% year-over-year sales increase in July. For the year to date, Ram pickup sales are up 4% to 294,045 units and total brand sales are up 7% to 318,542 units. Year over year, sales of the company’s Chrysler brand are up 14%, as sales of the new Chrysler 200 rose 30% in August to 14,032 units on top of an 85% year-over-year gain in July. Year to date, Chrysler 200 sales are up 112%. The company’s Dodge brand sales were down 15% year over year in August and are now down 16% for the year to date. Source: 247wallst.com