Stellantis Post It’s Sales Numbers For The U.S. In Q4 2023!

Stellantis (FCA US, LLC) has released its Q4 2023 and 2023 calendar year results. FCA US recorded sales of 343,552 vehicles in Q4 2023, marking a marginal 1% decline compared to last year. Despite this minor dip, specific segments, such as commercial fleet sales, surged by an impressive 20%, achieving their best-ever year. It shows … (read full article...)

 

[bill burke]

Let’s not hit the panic button, but let’s light a small fire under Stellantis management. Your starving North America for new product, from the products Americans demand, entranced by what environmental zealots rant for and are clearly wasting valuable resources on the rabbit hole of electrification. Neglect, weak development teams, stagnant styling personnel and leadership out of touch and indifferent. So no panic, just a wake up call that things are going down hill in a barrel and even guys like me know it. Red Button anyone?

 

[MotorMaven]

Let’s not hit the panic button, but let’s light a small fire under Stellantis management. Your starving North America for new product, from the products Americans demand, entranced by what environmental zealots rant for and are clearly wasting valuable resources on the rabbit hole of electrification. Neglect, weak development teams, stagnant styling personnel and leadership out of touch and indifferent. So no panic, just a wake up call that things are going down hill in a barrel and even guys like me know it. Red Button anyone?

 

[MotorMaven]

The sales numbers don’t support your argument. Americans are leaving big heavy HEMI gas guzzlers on dealer lots — where the supply is over a year at current sales numbers for vehicles like the LX body Dodges.

Meanwhile, Tesla is posting strong sales growth and knocked former Chrysler into fourth place among U.S. auto manufacturers, as it continues to post strong sales growth.

Stellantis will only have a bright future if it can put together and sell the EVs that Americans are buying in record numbers, with quality construction and at a competitive price.

More money poured down the rat hole of fossil fuels will just leave Stellantis in the same situation Chrysler was at in the 70s.

 

[TripleT]

45% percent of the buying public is in CARB states so you will need something to sell to them. Volume Metric is dead though, people pointing to that are still in the old think. More about total profits. Given interest rates jump, and inflationary pressures with fuel, food, and Housing.... which in the end is exempt from the published calculations but really the only thing that matters. I expect an industry downtown.

Since FCA and yes the NA legal entity is still FCA.... is in the midst of a Capacity reorganization..... unlike Ford, GM, Toyota, Honda, and Korea INC they do not need to erode margins to support capacity to cover overhead. They are in the exact opposite position.

I would put a marketing campaign to support the stable capacities Wrangler, Wagoneer, JGC, and maybe RAM (but that is also in a Major model year transition) with interest rate support.... beyond that tighten the belts and ride it out. But now running volume at the expense of margins is backassward, let Kia trade steel for dollars.

Absolutely no reason to talk about the LBs while LXs are still on lots just keep your powder dry.

 

[TripleT]

More money poured down the rat hole of fossil fuels will just leave Stellantis in the same situation Chrysler was at in the 70s.

Honest to god, do you think the Oceans of hydrocarbons, are from fossils on Titan? It's not 1700s most oil doesn't come from whales, and despite picking up organic marker on it trip to surface the math doesn't work out especially for Methane., so that old term is only to create the idea of scarcity. The only Scarcity is artificial market control. Say it together HYDROCARBONS.

Rare earth metals now those are actually scarce, you know RARE. But never mind that, Silicon batteries are on the way, along with fusion.... innnnnnnn 20 to 30 years.

 

[MotorMaven]

Honest to god, do you think the Oceans of hydrocarbons, are from fossils on Titan? It's not 1700s most oil doesn't come from whales, and despite picking up organic marker on it trip to surface the math doesn't work out especially for Methane., so that old term is only to create the idea of scarcity. The only Scarcity is artificial market control. Say it together HYDROCARBONS.

Rare earth metals now those are actually scarce, you know RARE. But never mind that, Silicon batteries are on the way, along with fusion.... innnnnnnn 20 to 30 years.

I'm aware of this old-school thinking, and it's one of the things that is eroding Stellantis down to the danger zone.

"Plentiful hydrocarbon" cars are in a sales free-fall; modern EVs are growing far faster.

With fossil fuel vehicles, Chrysler is exiting entire segments, shutting down plants, gutting capacity and permanently ceding share to competitors as it continues to downsize itself into irrelevance.

With EVs, Tesla is entering new market segments, rapidly gaining share, building new plants with high utilization, seizing customers from segments Chrysler has abandoned (like mid-sized sedans), and continuing to expand its reach. The same is true of other pure-play EV makers like Rivian... as well as automakers who have competitive EV product.

Dealerships choked with 20-year-old LX bodies with $20K-over-MSRP markups aren't going to fix that.

FCA has to launch modern product, at competitive prices, and play to win in volume segments (including sedans), like its competitors are doing. Otherwise, it will simply fade away.

The two "core" brands of Chrysler and Dodge are already not viable; AMC sold more vehicles under its brand in the early 1980s than either of those.

It's do or die, and a small selection of inefficient gas-guzzlers at high prices ain't gonna make it.

 

[TripleT]

I'm aware of this old-school thinking, and it's one of the things that is eroding Stellantis down to the danger zone.

"Plentiful hydrocarbon" cars are in a sales free-fall; modern EVs are growing far faster.

With fossil fuel vehicles, Chrysler is exiting entire segments, shutting down plants, gutting capacity and permanently ceding share to competitors as it continues to downsize itself into irrelevance.

Far as a got, People who continue to think there were dinosaurs on TITAN... well kind makes anything else irrelevant. No where did I say EV should not be developed to meet natural market forces, just continue to use a term rooted in the Whale oil industry from the 1700s make one seem silly.