US carmakers post mixed December sales figures
Ford saw sales rise 0.9% across the US in December in comparison to a year ago, a figure principally driven by the 89,385 F-Series pickup trucks sold throughout the month, which was more than twice as the 44,871 total of all other Ford passenger cars sold throughout the month.
Fiat Chrysler Automobiles N.V.
$25.77
11:10 19/04/24
Ford Motor Co.
$12.14
11:05 19/04/24
General Motors Corp
n/a
10:59 19/04/24
At Fiat Chrysler (FCA), Jeep and Dodge posted declines of 12% and 23% respectively, Fiat branded sales fell 33% and Ram sales retreated just 3%, also on the back of strong interest in its pickup trucks.
FCA, which had previously announced its intention to sell fewer vehicles to rental fleets, witnessed a 42% drop in fleet sales in December.
GM reported mixed results with Cadillac sales tumbling 28.6% and Chevrolet falling a more modest 2.9% at the same time as Buick and GMC sales rose 4.7% and 1.2% respectively, again thanks to sales of the Sierra and Yukon pickup trucks.
Toyota reported an 8.3% drop as a 29.7% bump in sales of its new model Camry was unable to offset lower figures in nearly all of its other passenger models.
The average transaction price grew 1.6% to $36,113 according to the Kelley Blue Book.