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 that the market continues to plateau with higher interest rates, inflation, and climbing car prices.

As the company continues to move forward with its intentions with electrification, it has seen substantial growth in the plug-in hybrid (PHEV) segment, witnessing a remarkable 124% increase in total U.S. PHEV sales year-over-year. Notably, the Jeep Wrangler 4xe secured the top spot as America’s best-selling PHEV, followed by the Grand Cherokee 4xe, and rounding out the top 3 was the Chrysler Pacifica Hybrid. FCA US held a dominant 47% market share in the PHEV market.

Brand-Specific Highlights During Q4 2023:

• Alfa Romeo: Witnessed a 9% surge in Q4 U.S. sales, bolstered by the introduction of its first electrified vehicle, the Alfa Romeo Tonale.
• Chrysler: U.S. sales soared by 19%, with the Chrysler Pacifica contributing significantly. The Pacifica Hybrid constituted 20% of the total Pacifica sales in 2023.
• Dodge: Experienced a 5% increase in U.S. sales, further reinforced by the launch of its first electrified vehicle, the Dodge Hornet R/T, in spring 2023. Surprisingly, the Hornet R/T PHEV accounted for 72% of the total Hornet sales.
• Jeep: Showcased a 7% increase in Q4 U.S. sales, with the Jeep Wrangler 4xe and Grand Cherokee 4xe leading the pack in the PHEV segment. The Jeep Renegade experienced a substantial 177% surge in sales during Q4 compared to the previous year, despite Jeep’s announcement of discontinuing its smallest entry in 2024 for North America.
• Ram: Noted a 3% increase in Q4 U.S. sales, with the Ram pickup truck and Ram ProMaster van achieving their best-ever sales performance in 2023.

Full-Year Performance Summary:

For the full 2023 calendar year, FCA US reported a 1% decrease in total U.S. sales compared to the previous year.

Across the various brands, some significant growth was observed:

• Chrysler: Sales surged by 19%, bolstered by the performance of the Chrysler Pacifica and Pacifica Hybrid.
• Dodge: Witnessed a 5% increase in U.S. sales, as those who wanted to get their hands on a “Last Call” Charger and Challenger raced to dealers, as well as the introduction of the Dodge Hornet.
• Jeep: Experienced overall growth, especially notable in the sales performance of the Jeep Wrangler 4xe and Grand Cherokee 4xe.
• Ram: Achieved a 3% increase in full-year U.S. sales, with its pickup trucks and ProMaster vans performing exceptionally well.

Future Plans for 2024:

FCA US is committed to expanding its electrified offerings with the introduction of its first battery-electric vehicles (BEVs) in North America in 2024, including models like the Jeep Recon, Fiat 500e, Wagoneer S, Dodge Charger Daytona, and Ram 1500 REV.