FCA US Reports July 2017 Sales
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Fiat Chrysler Automobiles (FCAU) July U.S. Auto Sales Decline 10.5%
August 1, 2017 9:03 AM UTCFCA (NYSE: FCAU) today reported sales of 161,477 units, a 10 percent decrease compared with sales in July 2016 (180,389 units).
In July, retail sales of 145,391 units were down 6 percent compared with the same month in 2016 and represented 90 percent of total sales. In line with FCAs strategy to reduce sales to the daily rental segment, fleet sales of 16,086 units were down, as expected, 35 percent year over year. The largest planned volume reduction in July fleet sales came from the Jeep® brand, which reduced its fleet sales number by 82 percent year over year. Fleet sales... More
