FCA Extraordinary Shareholder Meeting and Q4+Full Year U.S. Sales Thread: Jan 4th 2021

[AlexB]

If they don't take up the Computational development cycle that has evolved under FCA the last decade, then you might as well buy a soulless appliance from Korea. If anyone of you argues about how good the Koreans have become, then you don't get it. Certainly some on another site will pine on about the good old days for generic cars running around with different bodies on them with $5k on the hood. But you do that a Alfa and Jeep and you ruin the brand equity and you looking at Korean margins without the cost structure to support viability.................... at least RAM and Big Jeeps can rest on knowing they have no clue how to make NA Trucks.

Amen, funny that was Sergio main line against PSA: pool of indifferent middle of the road products in the worst GDP performing region.

 

[pumadog]

But with John as boss and Sergio's ''right-hand man'' in Palmer I fully expect such plan.

Not that they are worth a penny. Fun to look at, but 90 % vaporware. I'd rather see actual cars on the street for a change.

 

[AlexB]

Not that they are worth a penny. Fun to look at, but 90 % vaporware. I'd rather see actual cars on the street for a change.

That is a part of communicating with Wall Street, see the difference between Fields/Hackett at Ford vs Musk at Tesla.

 

[AlexB]

Updated first post of thread with FCA U.S. sales:

https://s3.amazonaws.com/chryslermedia.iconicweb.com/mediasite/attachments/FCAQ42020Salesu6vema21i7nvrbmcga1mqtkvpa.pdf

 

[AlexB]

Giulia : 2,560(Q4 2020 ) 2,328(Q4 2019 ) 10% 8,203( 2020 ) 8,704(2019 ) -6%
Alfa 4C : 7(Q4 2020 )17(Q4 2019 ) -59%, 99( (2020 ) 144(2019 ) -31%
Stelvio: 3,526(Q4 2020) 2,600(Q4 2019 ), 36% 10,284(2020 ) 9,444(2019 ) 9%
ALFA ROMEO : 6,093(Q4 2020 ) 4,945(Q4 2019 ), 23% 18,586( 2020 ) 18,292( 2019 ) 2%

 

[Bili]

Positive trend is continuing but we all know that they need even better market performance. More models would help.

 

[AlexB]

Ram P/U: 161,266 (Q4 2020)172,579(Q4 2019) -7%, 563,676 (2020) 633,694 (2019) -11%
Cargo Van: 0(Q4 2020) 0(Q4 2019), 1(2020) 0(2019)
ProMaster Van: 17,060(Q4 2020) 15,108(Q4 2019) 13%, 50,556(2020) 56,409(2019) -10%
ProMaster City: 2,971(Q4 2020) 2,968(Q4 2019) 0%, 10,409(2020) 12,920(2019) -19%
RAM BRAND: 181,297(Q4 2020) 190,655(Q4 2019) -5%, 624,642(2020) 703,023(2019) -11%

 

[AlexB]

Dart: 1(Q4 2020) 2 -50%, 7(2020) 15(2019) -53%
Avenger: 0(Q4 2020) 0(Q4 2019) #DIV/0! , 0(2020) 1(2019) -100%
Charger: 23,794(Q4 2020) 25,829(Q4 2019) -8%, 77,425(2020) 96,935(2019) -20%
Challenger: 14,605 (Q4 2020)14,298(Q4 2019) 2%, 52,955(2020) 60,997 (2019)-13%
Viper:2(Q4 2020) 0(Q4 2019) #DIV/0!, 4(2020) 5(2019) -20%
Journey: 9,592(Q4 2020) 12,290(Q4 2019) -22%, 40,342(2020) 74,686(2019) -46%
Caravan: 2,612(Q4 2020) 23,245(Q4 2019) -89%, 38,767(2020) 122,648(2019) -68%
Durango: 12,372(Q4 2020) 14,977(Q4 2019) -17%, 57,828(2020) 67,599(2019) -14%
DODGE BRAND: 62,978(Q4 2020) 90,641(Q4 2019) -31% , 267,328(2020) 422,886(2019) -37%

 

[AlexB]

200: 2(Q4 2020) 3(Q4 2019) -33%, 9(2020) 48(2019) -81%
300: 5,100(Q4 2020) 5,520(Q4 2019) -8%, 16,653(2020) 29,213(2019) -43%
Town & Country: 0(Q4 2020) 1(Q4 2019) -100%, 0(2020) 5(2019) -100%
Pacifica: 29,512(Q4 2020) 27,481(Q4 2019) 7% ,93,802(2020) 97,705(2019) -4%
CHRYSLER BRAND: 34,614(Q4 2020) 33,005(Q4 2019) 5%, 110,464(2020) 126,971(2019) -13%
500: 12(Q4 2020) 699(Q4 2019) -98%, 674(2020) 3,267(2019) -79%
500L :83(Q4 2020) 166(Q4 2019) -50%, 475(2020) 771(2019) -38%
500X: 313 (Q4 2020) 442(Q4 2019) -29%, 1,443(2020) 2,518(2019) -43%
Spider: 326(Q4 2020) 430(Q4 2019) -24%, 1,711(2020) 2,644(2019) -35%
FIAT BRAND: 734(Q4 2020) 1,737(Q4 2019) -58%, 4,303(2020) 9,200(2019) -53%

 

[AlexB]

The big thing we don't know about is the Revenue per vehicle, driven by Average Transaction price.......lately volume decline gets offset by higher pricing & mix.

On Jeep sales, it shows Cherokee is taking from Compass while not doing anything meaningful.

 

[AlexB]

With the re-introduction of Single-cab back into mass availability GM sold 594,094 Chevy Silverado's which beats RAM 563,676.
Camaro fell below 30,000 at 29,775 vs Challenger 52,955.

 

[pumadog]

So nice to see Alfa doing well, better than the market. Some hope for 2021, where Alfa must have its worst year ever in Europe – without Giulietta and Tonale.

 

[Deckard Cain]

The Tonale can't come soon enough to market. It will increase sales strongly in the US.
Also they should start working on launching new generations of the Stelvio and Giulia so that they arrive to market in 2023.

 

[pennellotref]

The Tonale can't come soon enough to market. It will increase sales strongly in the US.
Also they should start working on launching new generations of the Stelvio and Giulia so that they arrive to market in 2023.

No, 2022...

 

[Deckard Cain]

That would be even better but I believe unrealistic. People with more insider knowledge can probably offer more solid reasoning for that.

 

[pumadog]

Any news on the supposed MCA in late 2021?

 

[Bili]

Any news on the supposed MCA in late 2021?

During calendar 2022... It will be interesting to if they'll receive Giorgio platform updates. This updates are important for PHEV and BEV versions. Maserati Grecale will have them.

From what I know they did feasibility study for Stelvio BEV, maybe even some development work. It was always related to Maserati Grecale BEV project.

 

[pumadog]

So it got delayed with the Tonale start.

I guess it depends how big the MCAs will be, with the cars 5-6 years in production. The Grecale got a new production line, so they would have to switch over?

 

[Tony K]

With the re-introduction of Single-cab back into mass availability GM sold 594,094 Chevy Silverado's which beats RAM 563,676.
Camaro fell below 30,000 at 29,775 vs Challenger 52,955.

Warren Truck shutdown for several months could explain some of the 30k+ delta. I had some folks pushing the neverending "DT Failure" narrative on "another forum." People believe what they want to believe. If DTs are such a failure, why do I see them everywhere I go?

 

[Bili]

Google Translate:

Stellantis: anti-climb foundation (MF)

MILAN (MF-DJ) - Stellantis is not '' just the name of the company '' born from the merger between Fiat-Chrysler and Peugeot, but also of a foundation under Dutch law that could block hostile takeover attempts to the fourth automotive group at world. According to documents consulted by MF-Milano Finanza, Stichting Stellantis Svs was set up in Amsterdam on December 24th, with two FCA managers, Giorgio Fossati and Fabio Spirito, as directors. As also reported in the merger prospectus, the Stellantis Svs foundation has an unlimited option right which allows it to subscribe to the class A special voting shares present in the share capital of the group. In fact, the Stellantis articles of association provide that holders of Stellantis shares for an uninterrupted period of at least three years can receive a special voting share in addition to each ordinary share held. Thus '', analysts estimate, Exor (14.4%), Maillot 1 of the Peugeot family (7.2% with the possibility '' of rising to 8.5%), Bpifrance (6.2%) and Dongfeng (5.6%) may soon control over half the voting rights in Stellantis. However, it is not said that this is enough to secure control and that is where the foundation would come into play. On the basis of the draft statute, in fact, the board of Stellantis will be able to establish in detail the duties and powers of the foundation which could also be limited to fulfilling a purely technical role.

Stellantis, fondazione anti-scalata - MilanoFinanza News

La Stichting Stellantis ha il diritto di sottoscrivere le azioni a voto speciale maturate dopo tre anni di detenzione

www.milanofinanza.it