Sales of Fiat Chrysler fell by 3% in the first quarter

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Sales of Fiat Chrysler fell by 3% in the first quarter FCA reported today that March sales totaled 200,307 vehicles, 7% less than the 216,063 in March 2018, after the sharp drop in demand for the brands Jeep (-11%), Chrysler (-38%) and Fiat ( -Four. Five %). EFE / Archive

 Washington, .- The Fiat Chrysler Group (FCA) sold in the country a total of 498,425 vehicles in the first three months of the year, 3% less than in the same period of 2018, after the delivery of vehicles fell 7 % in March.

FCA reported today that March sales totaled 200,307 vehicles, 7% less than the 216,063 in March 2018, after the sharp drop in demand for the brands Jeep (-11%), Chrysler (-38%) and Fiat ( -Four. Five %).

The head of Sales in the country of FCA, Reid Bigland, said in a statement that conditions in the first quarter have been difficult for the sector but showed his hope for a recovery during the second quarter.

“The sector had a difficult first quarter but with spring finally beginning to show its face and strong economic indicators, such as the boost in home sales, lower loan rates and the strong labor market, we are sure that demand it will be strengthened, “Bigland said.

From January to March, only the brand specializing in the production of trucks and vans of the group, Ram, got its sales exceeded those of the same period of 2018. The rest recorded significant losses.

Ram delivered a total of 137,013 vehicles in the first quarter, 21% more than in 2018, after the 15% increase in sales in March with the delivery of 51,822 units.

But Jeep, which in the last decade has become the great success of sales of FCA, recorded a sharp loss of sales.

The brand specializing in off-road vehicles and SUVs delivered between January and March, 212,804 vehicles, 7% less than a year ago.
In March, Jeep sales fell 11% to 87,328 units.

The losses of the Dodge brand, which specializes in mass consumption, were similar, with a drop of 6% in the quarter. Dodge delivered 110,517 vehicles in the period.

In March, Dodge sales also fell 6% to 46,367 units.

For its part, the Chrysler brand, which produces only two models, the 300 saloon and the Town & Country minivan, lost 32% of its sales in the quarter, when it delivered only 31,591 vehicles. In March, Chrysler’s losses were 38%.

Finally, the two “foreign” brands of the group, Fiat and Alfa Romeo, registered heavy losses.

Fiat sales have fallen in the quarter and in March by 45%, to 2,214 and 847 units respectively.

The losses of the luxury brand Alfa Romeo were 26% in the quarter and 31% in March. Alfa delivered in the first three months of 2019 4,286 vehicles of which 1,774 correspond to March. (EFEUSA)

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