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Fiat Chrysler Automobiles (FCAU) Reports 0.9% Drop in U.S. Light- Vehicle Sales for Sept. 2016; Est. Down 5.1%

October 3, 2016 9:46 AM EDT

FCA US LLC reported U.S. sales of 192,883 units, a 1 percent decrease compared with sales in September 2015 (194,666 units).

FCA US retail sales were 146,453 units in September, while fleet sales were 46,430 units. Retail sales represented 76 percent of total sales, while fleet sales were 24 percent.

The Ram Truck brand posted a 27 percent sales gain in September compared with the same month a year ago as pickup truck sales increased 29 percent year-over-year. Both the Dodge Charger and Dodge Challenger turned in double-digit percentage increases in September while the Jeep® Grand Cherokee the most awarded SUV ever posted an 18... More