Fiat Chrysler sales rise 6%, Ford up 5% in July – Detroit Free Press
New vehicle sales rose 6% in July for Fiat Chrysler Automobiles and 5% for Ford as the pace of overall industry sales remained robust.
For FCA US, July marked the the 64th consecutive month of year-over-year sales increases in the U.S. with its gains driven by the popularity of its Jeep brand. Sales of Jeep rose 23%, followed by a 10% gain for Chrysler and a 1% gain for Ram. Sales for the automaker’s Dodge brand fell 13% and Fiat sales fell 15%.
Within those brands, sales rose 22% for Jeep Patriot, 18% for Jeep Wrangler, 13% for Jeep Cherokee and 85% for the Chrysler 200.
Ford’s results were helped by a 4.8% increase in sales of its F-Series pickup truck, indicating that production from assembly plants in Dearborn and Kansas City is beginning to catch up with demand.
Mustang sales jumped 29%, and the upscale LIncoln brand posted a 21% increase, led by a 60% surge in sales of the MKC crossover to 2,455.
Nissan said its U.S. sales rose 7.8% in July.
“Strong demand for crossovers such as Rogue and Murano drove Nissan’s overall light truck sales up 22% and set a July record for the company,” Fred Diaz, Nissan’s senior vice president of U.S. sales and marketing.
All other automakers are expected to report U.S. sales results throughout the day.
The U.S. automotive industry has continued to enjoy a period of increasing sales this year and July was no different.
Automotive forecasters predict the industry will report a 3% increase for the month compared to the same month a year ago as Americans buy about 1.48 million new cars and trucks.
“The first half of 2015 was the best six months in a decade for new car sales, and the pattern of strength continued into July,” said Jessica Caldwell, director of industry analysis for car shopping website Edmunds.com. “We anticipate that sales will be robust throughout the summer, commensurate with the confidence of the American car shopper.”
Even though the pace of sales increases is slowing, automakers remain on pace to sell more than 17 million new cars and trucks this year — the most since 2001.
While the overall industry is flourishing, but sales of small and midsize cars are slumping as more and more Americans are choosing crossovers.
Year-to-date, eight of the top nine models in the segment have experienced sales drops, with the exception being the Chrysler 200, according to Kelley Blue Book. Meanwhile, sales of compact crossovers have increased 13.4% this year.
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