WARNING: Fan Boy Thread
GM sales unfazed by recalls; Chrysler booms, Ford up
FIAT CHRYSLER AUTOMOTIVE: Chrysler lived up to analysts' forecasts, reporting May sales of new cars and trucks up 17.4% from a year earlier, to 194,421 vehicles, making it Chrysler's best May since 2007 before the Great Recession.
In what's become a common refrain, the car company said its Jeep brand was a star, up 58% and setting its third consecutive monthly sales record. And again Ram trucks were strong.
"Chrysler sales for May weren't just up; the rise might be described as meteoric," said Nerad.
Jeep's 58% "was especially impressive," Nerad said, "and it was accompanied by noteworthy gains by Ram trucks and Fiat. One interesting aspect of Chrysler's success for the month is that both big trucks and small cars enjoyed double-digit gains, a rarity.
Chrysler Group is the main U.S. unit of Fiat Chrysler Automobiles and includes Fiat sales in its reports.
Chrysler results by brand:
Jeep: The 58% increase was the best monthly tally in its history. The small Compass, iconic Wrangler and new Cherokee each reported their best monthly sales ever.
Ram: The brand's full-size pickup was up 17%, the best sales for that month since 2005. Within that, sales of the heavy-duty version of the pickup jumped 34%, signaling strong commercial interest as businesses that put off replacing old machines during the recession find the economy stable enough to take the plunge on new work vehicles.
Chrysler: The namesake brand sales fell 22%, reflecting, the automaker says, the discontinuance of its 200 sedan. The redesigned replacement 200 sedan began arriving at dealers in May, and strong early orders give the company very high expectations for a strong launch. The Town & Country minivan jumped 37%.
Dodge: The company's mainstream brand was up just 3%. Still, it was Dodge's best May since 2007. And Dart, Journey and Challenger set records.
Fiat: Still a tiny presence in the USA, fielding only the 500 minicar and larger 500L, the italian brand was up 18% and had its best month since returning to the USA in 2011.