June Auto Sales Looking Good, FCA Sales Poised to Pop

By

Automotive Editor

Armaan Almeida no longer works for CarsDirect. He was an Automotive Editor who produced buying guides and sneak previews, in addition to publishing daily news stories and tracking monthly deals, incentives and pricing trends from Toyota, Nissan and Lexus.

 

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, Automotive Editor - June 26, 2015

Jeep, Chrysler sales continue their ascension, but rocky roads lie ahead.

Fiat Chrysler Automobile (FCA) has been in the news quite a bit as of late, especially with the big news of the upcoming Alfa Romeo Giulia--which looks absolutely stunning. And that doesn't look like it'll change anytime soon. June sales numbers will be released this coming Tuesday and shoppers are on the doorstep to the busy 4th of July weekend, where deals and incentives already creeping in. June looks to be a huge month for FCA, and its widely believed that their overall market share will reach roughly 12.6%--the highest level in eight years.

Deals & Rebates on Cars, Trucks and Crossovers »

More Than Fiat and Chrysler

FCA is comprised of several brands which include Chrysler, Dodge, Jeep, RAM, Fiat and Alfa Romeo. The group also owns Ferrari and Maserati.

FCA Brands

Sales Success

The big reason why Chrysler 200 sales took off earlier this year was due to a major redesign of the midsize sedan, which looks a whole lot more expensive than its $22,990 price might imply. And last month, the automaker posted its best sales since 2007. A record 202,227 vehicles were sold in May, driven by sales of the 2015 Jeep Grand Cherokee and 2015 Chrysler 200.

Jeep Grand Cherokee

The Road Ahead

But a bumpy road lies ahead. Earlier this morning, Jeep announced that it's next-generation 2017 Jeep Grand Cherokee would be pushed back to 2018 or 2019. The move might end up hurting momentum as the collective brands try to keep pace with other manufacturers who diligently and consistently come out with a new model every four to five years.

Big Incentives = Shoppers Win

But the silver lining in all of this is lower overall pricing in the form of deals and incentives:

Rebates APR Lease
2015 Dodge Journey $2,250 0.0% $279/mo for 36 months
2015 Dodge Grand Caravan $1,500 0.0% N/A
2015 Dodge Challenger $1,000 0.9% $269/mo for 36 months
2015 FIAT 500 $1,750 0.0% $209/mo for 36 months
2015 FIAT 500L $1,500 0.9% $219/mo for 36 months
2015 Chrysler 200 $3,000 0.0% $241/mo for 42 months
2015 Jeep Cherokee $1,500 0.0% $239/mo for 36 months
2015 Jeep Patriot $2,000 0.0% $199/mo for 36 months
2015 Jeep Compass $1,750 0.0% $209/mo for 36 months
2015 Jeep Grand Cherokee $500 0.0% $329/mo for 36 months
2015 Jeep Renegade N/A 0.9% $229/mo for 36 months
2015 RAM 1500 $1,000 0.0% $299/mo for 36 months

, Automotive Editor

Armaan Almeida no longer works for CarsDirect. He was an Automotive Editor who produced buying guides and sneak previews, in addition to publishing daily news stories and tracking monthly deals, incentives and pricing trends from Toyota, Nissan and Lexus.

 

Follow On: Google+ | Website