Stellantis racked up a 32 percent increase in U.S. second-quarter sales, with every brand but Fiat posting a gain from a year earlier, when the pandemic disrupted volume. While the automaker attributed the rebound to an economic recovery from the COVID-19 pandemic, as well as strong consumer demand for several nameplates, it signaled supply disruptions curtailed deliveries.
Retail sales rose 27 percent during the latest quarter, aided by Ram and Jeep volume, according to the automaker.
Brands: Jeep, up 19%; Ram, up 47%; Chrysler, up 36%; Dodge, up 42%; Fiat, down 33%; Alfa Romeo, up 34%
Notable nameplates: Jeep Gladiator, up 53%; Wrangler, up 22%; Cherokee, up 26%; Grand Cherokee, up 14%; Ram pickups, up 40%; ProMaster City, up 132%; ProMaster van, up 129%; Chrysler 300, up 103%; Pacifica, up 20%; Dodge Challenger, up 52%; Charger, up 95%; Durango, up 53%; Fiat 500, down 97%; 500X, up 2%; Alfa Romeo Giulia, up 31%; Spider, down 32%; Stelvio, up 38%
Incentives: $3,648 per vehicle in the quarter, down 31% from a year earlier, according to TrueCar.
Average transaction price: $45,974, up 8.8 percent from the second quarter of 2020.
Fleet mix: 12% of total vehicles sold in the second quarter, or 58,237 vehicles.
Quote: "The recovering U.S. economy and continued strong demand for our products drove unprecedented results," Jeff Kommor, head of U.S. sales for FCA, said in a statement. "We continue to work closely with our suppliers to mitigate the manufacturing impacts caused by the various supply chain issues facing our industry."
Did you know? The second quarter was the best ever for U.S. retail sales of the Jeep Wrangler and Gladiator.