FCA Reports Fourth-quarter and Full-year 2022 Sales Results
Industry News January 18, 2023 ModernJeeper
Roughly 1 in 4 Jeep Wranglers sold last year was a 4xe!
FCA US LLC reports sales of 347,669 vehicles in the fourth quarter and 1,547,076 vehicles for 2022. Overall, total U.S. sales for the fourth quarter declined 16% while full-year results decreased 13%.
- 2022 total U.S. sales decline 13% versus 2021 calendar year, in an industry projected to be down 8%
- Total PHEV U.S. sales increase 26% year over year and 21% in the fourth quarter versus last year
- Jeep® Wrangler 4xe is America’s best-selling plug-in hybrid vehicle, up 46% year over year and 22% in the fourth quarter versus same period last year
- The all-new 2022 Grand Cherokee 4xe accounts for 5,686 (11%) of Grand Cherokee total U.S sales in fourth quarter
The company’s total PHEV U.S. sales increased 26% year over year and 21% in the fourth quarter versus last year. Stellantis is setting the course for 50% passenger car and light-duty truck battery-electric vehicles (BEV) sales mix in the United States by the end of this decade.
“We saw strong demand for our PHEV offerings in the face of industry market conditions that carried across 2021 into 2022, including production constraints and a disruption of parts and materials in general, which adversely affected our overall sales,” said U.S. Head of Sales Jeff Kommor. “Sales of the Jeep® Wrangler 4xe increased 46% over last year, and the all-new Jeep Grand Cherokee 4xe, introduced to the market late last year, accounted for 11% of the nameplate’s performance. As we look to 2023 and navigate the industry transformations that are occurring, we will continue to work closely with our customers to meet their demands and the needs of our dealer network.”
The Jeep Wrangler 4xe, the first-ever electrified Jeep Wrangler, remains America’s best-selling plug-in hybrid vehicle, with 43,176 (24%) of total Jeep Wrangler sales in 2022. Sales of the Wrangler 4xe increased 46% year over year, and 22% during the fourth quarter versus the same period last year.
The 2022 Grand Cherokee 4xe, which went on sale in late 2022, accounted for 5,813 (11%) of Grand Cherokee U.S sales in the fourth quarter. The vehicles represent the brand’s start of its electrification strategy to provide new levels of efficiency, environmental responsibility, performance and capability, on and off the road.
Two of the first all-new electric SUVs that will launch in North America, the all-new, all-electric Jeep Recon and Wagoneer (code name Wagoneer S), were revealed as part of the brand’s 4xe Day on September 8, 2022.
The Jeep Compass increased 14% in total yearly sales versus 2021 and was up 9% in fourth quarter total U.S. sales versus same quarter last year. The new Grand Wagoneer and Wagoneer continue to gain sales momentum with the vehicles selling a combined 47,995 units in 2022.
The Ram brand’s total U.S. sales within its commercial fleet channel increased 28% versus 2021; up 72% in total sales in the fourth quarter versus same period last year.
Strength of demand for Ram commercial fleet vehicles gave the Ram ProMaster van its best-ever fourth quarter total U.S. sales, up 33% versus the same period last year. The Ram ProMaster City sees its best-ever retail sales in the fourth quarter, up 102%, and its second best total U.S. fourth quarter sales, up 83% versus the same period last year.
The Ram Truck brand will unveil its Ram 1500 Revolution (BEV) Concept at the world’s most influential tech event – CES 2023 – in Las Vegas on January 5. The Ram 1500 ranked No.1 in J.D. Power APEAL Study™ for the third year in a row and named Truck of Texas for the fourth time in five years, as voted by the Texas Auto Writers Association.