STELLANTIS : US SALES OF FCA DOWN IN Q4

FCA US announced last night that its sales in the United States had fallen by 18% in the fourth quarter, a decline that the automotive group explains by the consequences of the Covid-19 epidemic and the recent shortage of chips.

In a press release, the American subsidiary of Stellantis reported 411,513 new registrations over the last three months of 2021, against 499,431 units a year earlier.

Over the year as a whole, FCA says it delivered 1,777,394 vehicles, 2% less than the 1,820,636 in fiscal 2020.

The company explains that the supply problems have resulted in a reduction of 13% of its stocks available last year.

FCA notes, however, that the situation is improving and that demand promises to be robust for 2022, a year that will be characterized by the arrival of a new Jeep Grand Cherokee and rejuvenation of the range for Grand Wagoneer, Wagoneer, and Ram 1500.