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Stellantis Q2 2022 U.S. Sales

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AlexB

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FCA Reports Second-quarter 2022 US Sales​

  • U.S. total sales decline 16%; retail sales down 24%
  • Chrysler brand total U.S. sales increase 95% versus same quarter last year
  • Total U.S. sales for the Jeep® Compass rise 54% over same quarter last year
  • Total U.S. sales for the Jeep Grand Cherokee rise 12% over same quarter last year
  • Jeep Wrangler 4xe remains the best-selling plug-in hybrid vehicle in the U.S.
  • Dodge Charger total U.S. sales rise 3% versus same quarter last year
  • Ram brand's commercial shipments rise 9% over same period last year
  • Total commercial shipments in Q2 2022 rise 13% versus same quarter last year

July 1, 2022 , Auburn Hills, Mich. - FCA US LLC had sales of 408,521 vehicles in this year’s second quarter. Overall, total U.S. and retail sales for the second quarter declined 16% and 24%, respectively. Total commercial shipments in the second quarter rose 13% versus the same quarter last year.

"We continue to see strong demand for our vehicles. While there are certainly industry supply constraints, our dealers are working hard to satisfy the needs of every customer,” said U.S. Head of Sales Jeff Kommor. "The Grand Wagoneer and Wagoneer have successfully launched with sales continuing to grow, sales of the all-new Jeep® Grand Cherokee, Jeep Compass continue to see high sales volumes CYTD, and Ram brand’s retail and fleet demand for its commercial products remains incredibly strong."

Total sales of the Jeep Grand Cherokee were up 12% and retail sales up 13%. Total U.S. sales for the Jeep Compass rose 54% and its retail sales increased 54% year over year.

The Jeep Wrangler 4xe, the best-selling plug-in hybrid vehicle in the U.S., accounted for 10,861 (20%) of total Jeep Wrangler sales.
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BDEF244F-68FE-4BEA-BA08-B690B591ED67.jpeg

Stellantis Media - FCA Reports Second-quarter 2022 US Sales

Total sales of the Jeep Grand Cherokee were up 12% and retail sales up 13%. Total U.S. sales for the Jeep Compass rose 54% and its retail sales increased 54% year over year. Jeep Wrangler 4xe, the best-selling plug-in hybrid vehicle in the U.S., accounted for 10,861 (20%) of total Jeep Wrangler...
media.stellantisnorthamerica.com media.stellantisnorthamerica.com

 
Yikes.
Wrangler - feeling effect of bronco finally? maybe not enough 4xe's to sell? (i'm sure negative press regarding safety/roll over isn't helping, but doubt many buyers care)
Gladiator - apparently not invincible, though still the highest ATP of the midsized segment i'm sure
Grand Cherokee - "cheating" as it is some WK2 + L + regular GC, so it better be +
W/GW - ok i guess?
Ram PU - less classics to sell? Silverado back in #2 spot at 264,139 YTD
Pacifica - surprising Q2 jump
Charger/Challenger = OK
Durango - OUCH. Is that 1/3rd of Q1 sales?
 
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Rustydodge said:
Yikes.
Wrangler - feeling effect of bronco finally? maybe not enough 4xe's to sell? (i'm sure negative press regarding safety/roll over isn't helping, but doubt many buyers care)
Gladiator - apparently not invincible, though still the highest ATP of the midsized segment i'm sure
Grand Cherokee - "cheating" as it is some WK2 + L + regular GC, so it better be +
W/GW - ok i guess?
Ram PU - less classics to sell?
Pacifica - surprising Q2 jump
Charger/Challenger = OK
Durango - OUCH. Is that 1/3rd of Q1 sales?
Click to expand...
Remember for Grand Cherokee and Durango, Jefferson North had their retooling shut down during the Quarter (Retooling for WL), hence down from the 100,000 unit pace in Q1.

Wrangler number was not good, other than maybe pricing/ configuration starting to catch up.
 
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FIAT Brand down to 249 sales: I believe given the Stellantis balance sheet ($50 billion $U.S Dollars), I think they will set aside money ($600 million) shut brand down in U.S. & Canada.
 
I have heard stories about the Minivan being more popular of late as folks travel (sans train/plane). This may explain why Pacifica is elevating.
I predict that Town-n-Country returns as a premium people mover. The Chrysler brand has been quiet and while many have flailed about that, I beleive it positions itself to resplash into the market with a new image and product line. Change too fast will yield a Oldsmobile problem where they lost their audience and could not capture the youth fast enough. (Bill Knapps did the same thing; that was then this is wow whoops)
 
What is selling nowadays? The Jeep Grand Cherokee 4Xe is just entering production and the Wrangler 4Xe is in short supply due to the chip shortage and the parts coming from Europe. That I know of the ZF facility in Gray Court, SC hasn't started production of the next gen 8-speed yet. Until that happens there won't be many hybrid pickup trucks and SUVs produced by Ram and Jeep.
 
Rustydodge said:
Yikes.
Wrangler - feeling effect of bronco finally? maybe not enough 4xe's to sell? (i'm sure negative press regarding safety/roll over isn't helping, but doubt many buyers care)
Gladiator - apparently not invincible, though still the highest ATP of the midsized segment i'm sure
Grand Cherokee - "cheating" as it is some WK2 + L + regular GC, so it better be +
W/GW - ok i guess?
Ram PU - less classics to sell? Silverado back in #2 spot at 264,139 YTD
Pacifica - surprising Q2 jump
Charger/Challenger = OK
Durango - OUCH. Is that 1/3rd of Q1 sales?
Click to expand...
The plant making the Durangos was down for over a month.
There aren't many Ram Classics on the lots. I know they are producing the GW and W in that plant but that doesn't account for the big drop in Classic availability. The W and GW seem to be piling up on the lots. I am not a fan of them.
I've always thought that once the Classic was gone Ram sales would tank. The DT needs a front end refresh including banishing the hood badges to designer hell.
 
Volume has plateaued. You’ll get some new models in the years to come, but I don’t think they’ll make up the lost volume.

All the stuff that’s coming is expensive and won’t move the volume needle except for the Chrysler EV that’s built on STLA Large and may use LFP batteries, but that’s at least two years away. That's a very competitive segment though - will this leadership group have it in them to make improvements every model year? I don't begrudge the rank and file - these types of decisions are made by three or four people. Those are the people responsible for the financial future of this company. Are they really interested in continuing to grow, to compete, to innovate and build tools that allow them to do more with less, or do they just want to sell you expensive toys?

Ask yourself - is this company built to compete in a segment that's at or under ASP? Does this leadership group even want to?
 
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ipa0628 said:
The plant making the Durangos was down for over a month.
There aren't many Ram Classics on the lots. I know they are producing the GW and W in that plant but that doesn't account for the big drop in Classic availability. The W and GW seem to be piling up on the lots. I am not a fan of them.
I've always thought that once the Classic was gone Ram sales would tank. The DT needs a front end refresh including banishing the hood badges to designer hell.
Click to expand...

IDK - for the Wag to be nearly matching the Expedition and yukon and the GW beating Lincoln out of the gate I think its not bad. Both the W and GW being available in limited configurations.

Of course everything taken with a pound of salt, as I'd bet Ford is willing to sacrifice Expedition sales and send all the chips over to the Fseries they can
 
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In a market where you are supply constrained, you have a choice, go for volume by removing features and reducing price to make shareholders happy, or reducing volume and increasing profit/unit and making shareholders happy. We keep measuring based on volume, but shareholders care only about money. Volume is just one medium for dollars in pocket.
 
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