FCA US LLC Reports Q2 Total US Sales Decline Of 21% Y/Y
Portfolio Pulse from Benzinga Newsdesk
FCA US LLC reported a 21% year-over-year decline in total US sales for Q2 2024, with Stellantis showing a 4% quarter-over-quarter growth. Jeep Wagoneer and Grand Wagoneer sales increased significantly, while other Jeep, Ram, Dodge, and Chrysler brands also saw growth in Q2 over Q1 2024.
July 02, 2024 | 8:41 pm
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Stellantis reported a 21% year-over-year decline in total US sales for Q2 2024, but showed a 4% quarter-over-quarter growth. Jeep, Ram, Dodge, and Chrysler brands saw positive sales trends in Q2 over Q1 2024.
Despite the significant year-over-year decline in total US sales, the quarter-over-quarter growth and positive sales trends for key brands like Jeep, Ram, Dodge, and Chrysler may mitigate the negative impact. Investors might view the quarter-over-quarter growth as a positive sign, balancing the overall negative year-over-year performance.
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