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FCA US Sept. Unit Sales Down 10% YoY; Retail Sales Up 0.3% - Quick Facts

FCA US LLC (FCAU) reported September sales of 174,266 units, a 10 percent decrease compared with sales in September 2016. In September, retail sales of 146,904 units were up 0.3 percent compared with the same month in 2016 and represented 84 percent of total sales.

The company said, in line with its strategy to reduce sales to the daily rental segment, fleet sales of 27,362 units were down 41 percent year over year. The largest planned volume reduction in September fleet sales came from the Jeep brand, which reduced its fleet sales number by 67 percent year over year.

The company reported that five FCA US vehicles posted record sales in September, including the Jeep Compass. Compass sales were up 75 percent in September, the compact SUV's best sales month ever. The Jeep Renegade, Chrysler Pacifica, Ram ProMaster and Ram ProMaster City each recorded their best September sales ever. The Jeep Wrangler, Jeep Grand Cherokee, Dodge Durango and Fiat 500L each posted at least double-digit percentage increases in September, compared with the same month a year ago.

by RTTNews Staff Writer

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