FCA: Every brand but Alfa Romeo declines

DETROIT -- FCA US continued its down streak into its 14th month in October, as sales fell 13 percent to 153,373 vehicles. Every brand dropped except for newcomer Alfa Romeo, whose sales totaled 1,205 vehicles. Its fleet mix dropped to 15 percent for the month.

Brands: Jeep down 2.5%; Ram down 3.3%; Chrysler down 22%; Fiat down 33%; Dodge down 41%; Alfa Romeo 1,205 units (new).

Notable nameplates: Ram pickup up 0.7%; Jeep Compass up 81%; Dodge Grand Caravan down 79%; Chrysler Pacifica down 2.1%; Jeep Cherokee up 19%; Jeep Grand Cherokee down 3.6%; Alfa Romeo Stelvio 434 units.

Incentives: $4,631 per vehicle, up 11% from a year earlier, according to ALG.

Average transaction price: $33,808, up 2.4% from a year earlier, according to ALG.

Fleet mix: 15%. Fleet sales down 43% from a year earlier. Retail deliveries down 4%.

Inventory: 518,065 vehicles, an 84-day supply, up from 76

Did you know? FCA US hasn't reported a monthly sales increase since August 2016, and three of its brands have some of the industry's longest losing streaks: Jeep (14 months), Fiat (18 months); Chrysler (21 months).

You can reach Larry P. Vellequette at lvellequette@crain.com -- Follow Larry P. on Twitter: @LarryVellequett

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