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FCA US Reports August 2017 Sales Jeep® Compass and Jeep Renegade record their best August sales ever Jeep Grand Cherokee posts best August sales since 2000 Dodge Challenger records best August sales ever Ram ProMaster and Ram ProMaster City vans each post their best August sales ever A 23 percent year-over-year decline in fleet sales is in line with the FCA US strategy to reduce sales to the daily rental segment September 1, 2017 , Auburn Hills, Mich. - FCA US LLC today reported sales of 176,033 units, an 11 percent decrease compared with sales in August 2016 (196,805 units). In August, retail sales of 140,379 units were down 7 percent compared with the same month in 2016 and represented 80 percent of total sales. In line with FCA’s strategy to reduce sales to the daily rental segment, fleet sales of 35,654 units were down, as expected, 23 percent year over year. The largest planned volume reduction in August fleet sales came from the Jeep® brand, which reduced its fleet sales number by 66 percent year over year. Fleet sales represented 20 percent of total August sales. Six FCA US vehicles recorded their best August sales ever, including the Dodge Challenger and Chrysler Pacifica. The Jeep Compass, Jeep Renegade, Ram ProMaster and Ram ProMaster City also posted their best ever August sales. The Jeep Grand Cherokee and Jeep Wrangler turned in double-digit percentage increases in August, compared with the same month a year ago. The Dodge Grand Caravan posted a 62 percent year-over-year sales increase for its best August sales since 2004. Dodge Brand The Dodge Challenger recorded its best ever August sales. Challenger sales were up 19 percent, its third record sales month this year. Dodge Charger sales increased 11 percent compared with the same month in 2016. The Charger had its best August sales since 2006. Sales of the Dodge Grand Caravan minivan were up 62 percent, its best August sales since 2004. Jeep® Brand The Jeep Compass and Jeep Renegade each recorded their best ever August sales. Sales of the Jeep Grand Cherokee – the most-awarded SUV ever – were up 28 percent for its best August sales since the year 2000. For the seventh-consecutive year, the Grand Cherokee last month won AutoPacific’s Ideal Vehicle Award (IVA) for the mid-size SUV segment. The Jeep Wrangler posted a 10 percent year-over-year sales gain. Ram Truck Brand The Ram ProMaster and Ram ProMaster City each turned in their best August sales ever. ProMaster sales were up 45 percent year over year, while ProMaster City sales increased 14 percent. With the start of 2018 model-year production, the Ram 3500 Heavy Duty pickup truck will offer a segment-dominating 930 lb.-ft. of torque and the exclusive ability to tow 30,000 lbs. with a fifth-wheel hitch. FIAT Brand Sales of the Fiat 500L were up 8 percent in August, compared with the same month in 2016. The 500L expands the Cinquecento’s appeal by offering 42 percent extra interior space with comfortable seating for five, engaging driving dynamics and a 160-horsepower 1.4-liter MultiAir Turbo engine, all wrapped in contemporary Italian design. Chrysler Brand Sales of the all-new Chrysler Pacifica – the most-awarded minivan of 2016 and 2017 – were up 2 percent in August for its best August since launch last year. The Pacifica bested the competition last month by winning AutoPacific’s Ideal Vehicle Award for the minivan segment. Alfa Romeo Brand Alfa Romeo brand sales of 1,140 units were up significantly compared with the same month a year ago as the all-new Alfa Romeo Stelvio begins to arrive at U.S. dealerships. FCA US LLC Sales Summary August 2017 Month Sales Vol % CYTD Sales Vol % Model Curr Yr Pr Yr Change Curr Yr Pr Yr Change Compass 9,305 8,871 5% 42,579 66,434 -36% Patriot 2,658 11,808 -77% 36,932 83,723 -56% Wrangler 16,808 15,298 10% 134,428 134,372 0% Cherokee 11,874 23,938 -50% 105,060 140,351 -25% Grand Cherokee 23,572 18,403 28% 158,975 135,419 17% Renegade 8,974 8,178 10% 70,859 70,476 1% JEEP BRAND 73,191 86,496 -15% 548,833 630,775 -13% 200 941 4,213 -78% 16,562 45,774 -64% 300 4,073 5,283 -23% 35,436 38,581 -8% Town & Country 17 1,811 -99% 545 56,945 -99% Pacifica 7,621 7,459 2% 75,507 26,400 New CHRYSLER BRAND 12,652 18,766 -33% 128,050 167,700 -24% Dart 430 2,906 -85% 9,385 34,670 -73% Avenger 1 1 0% 11 42 -74% Charger 9,569 8,611 11% 58,148 62,214 -7% Challenger 6,253 5,262 19% 47,496 45,443 5% Viper 59 58 2% 517 409 26% Journey 5,665 11,739 -52% 69,342 65,855 5% Caravan 17,109 10,572 62% 104,479 94,553 10% Durango 4,522 5,202 -13% 46,474 48,819 -5% DODGE BRAND 43,608 44,351 -2% 335,852 352,005 -5% Ram P/U 37,608 40,265 -7% 327,759 313,294 5% Cargo Van 0 0 0% 0 21 -100% ProMaster Van 4,589 3,169 45% 28,332 23,326 21% ProMaster City 1,125 985 14% 10,916 11,793 -7% RAM BRAND 43,322 44,419 -2% 367,007 348,434 5% 500 937 1,246 -25% 9,419 10,122 -7% 500L 141 131 8% 1,058 2,698 -61% 500X 660 899 -27% 5,237 8,425 -38% Spider 382 460 New 3,332 941 New FIAT BRAND 2,120 2,736 -23% 19,046 22,186 -14% Giulia 916 0 New 5,494 0 New Alfa 4C 21 37 -43% 286 377 -24% Stelvio 203 0 New 304 0 New ALFA ROMEO 1,140 37 2981% 6,084 377 1514% FCA US LLC 176,033 196,805 -11% 1,404,872 1,521,477 -8%

Trying to figure what is going with Fiat Chrysler Automobiles and Jeep could be a full-time job. This week has seen Chinese Automaker Great Wall announce its intentions of possibly buying Jeep from FCA, before backtracking on that a day later. Then rumors surfaced that FCA is considering spinning off Maserati and Alfa Romeo, along with its components operations. Now there is another twist. According to a report from Bloomberg, FCA believes Jeep could sell as many vehicles as a standalone automaker thanks to the increased demand for SUVs. The company forecasts that Jeep's annual sales will rise 30 percent to two million next year. FCA CEO Sergio Marchionne told analysts that the brand could deliver up to seven million vehicles a year if demand for SUVs keeps rising. But for Jeep to reach that ambitious sales goal, they would need to have their lineup (including the new Wrangler, Wagoneer, Grand Wagoneer) to sell 50 percent more vehicles than what FCA delivered last year. “It seems pretty pie-in-the-sky at this point,” said Richard Hilgert, an autos analyst at Morningstar. Hilgert does also note most observers thought it was crazy that Jeep could expand to 2 million in annual sales by 2018 - something that is likely to happen. Marchionne also talked about why it would be a bad idea to split Jeep away from FCA. “We do need to worry about the stump that’s left behind,” Marchionne said. “If we start picking away all the things that appear to be interesting to people, then I think we’re going to end up with a sub-optimal business that cannot run.” It should be noted that only a few months ago, Marchionne floated the idea of spinning off Jeep. Source: Bloomberg View full article