2021 Dodge Durango SRT Hellcat
Fiat Chrysler
DETROIT – Higher sales of the Chrysler Pacifica minivan and Jeep Compass and Dodge Durango SUVs pushed Stellantis’ second-quarter U.S. new vehicle sales up 6.4% from a year earlier.
The uptick is another sign of demand for new vehicles rebounding, as inventories of cars and trucks improve from historically low levels during the coronavirus pandemic and supply chain problems.
Stellantis’ sales increase is expected to be among the lowest of the second quarter, according to auto industry forecasters who project industry sales to have increased 16% to 18% during that time compared with a year earlier.
“We saw increased demand this quarter as market conditions continue to improve and our dealer network makes the necessary adjustments to drive sales growth across our brand portfolios,” Stellantis’ U.S. head of sales, Jeff Kommor, said in a release Monday.
Shares of Stellantis gained about 1.5% after the news.
Sales of the Durango more than tripled…
2023-07-03 12:07:19
Link from www.cnbc.com