Stellantis Reports 6th Quarter of Sales Declines
In the fourth quarter, Stellantis reported new vehicle sales declined 16% to 347,669 vehicles.

In the fourth quarter, Stellantis reported new vehicle sales declined 16% to 347,669 vehicles.
IMAGE: Stellantis
Stellantis has reported that in the fourth quarter, new vehicle sales declined 16% to 347,669 vehicles; the sixth consecutive quarter of sales declines.
The automaker also reported overall sales fell 13% to 1,547,076 vehicles in 2022. But sales of the company's plug-in hybrid electric vehicles increased 21% in the fourth quarter and 26% year-over-year, Stellantis reported. Sales of the company’s plug-in hybrid Jeep Wrangler 4xe, for instance, increased 46% year over year.
Stellantis plans for half of its sales mix to be EVs by the end of the decade.
“We saw strong demand for our [plug-in hybrid] 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,” U.S. Head of Sales Jeff Kommor said.
"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," Kommor said.
The new Jeep Grand Cherokee 4xe, which Stellantis introduced in late 2021, accounted for 11% of the nameplate’s sales. Stellantis has announced its Jeep brand will have fully electric offerings, including the Jeep Recon and Wagoneer S, by 2024.
Still, with all the automaker’s planning for the Jeep brand in the years ahead, Jeep brand sales dropped 18% to 143,317 in the fourth quarter. Jeep sales declined 12% to 684,614 for the year.
Chrysler sales were also down, falling 39% to 25,052 in the fourth quarter and dipping 2% to 112,713 for the year. Fiat sales fell 56% to 118 for the quarter and 61% to 915 units for the year. Alfa Romeo sales slumped 25% to 3,031 for the quarter and declined 30% to 12,845 for the year. The popular Ram pickup also saw sales fall 15% to 129,873 in the fourth quarter, while the Ram brand, which includes vans and pickups, fell 16% to 545,194 for the year. The Ram pickup sold 468,344, falling short of the Chevy Silverado, which sold 523,249 units for the full year.
The company’s Dodge brand saw a 15% gain, selling 46,278 units in the fourth quarter. However, for the year, Dodge was down 12% to 190,795.
Stellantis did not provide sales numbers for Maserati.
General Motors also reported its quarterly and annual sales this week. The automaker’s U.S. sales rose 41% in the fourth quarter while new vehicle sales in the U.S. for the year rose 3% to 2,274,088 new cars sold. The automaker reported most of these gains came from replenishing inventory of pickups and SUVs.
Toyota reported its quarterly and yearly sales as well. Toyota's sales rose 13.1% in the fourth quarter. The automaker also reported it sold 2,108,458 cars for the year, a 9.6% decline from the year-ago period. Electric vehicles made up nearly a quarter of the automaker’s total sales volume.
That means the price markups dealers tacked onto new cars last year will be reduced and incentives will be slowly added with a larger proportion of sales allocated to rental fleets, said Krelle, adding those are "all normal indicators after what has been an abnormal few years."
A previous version of this story incorrectly listed the full Ram brand sales figure for the year as a comparison with the Chevrolet Silverado pickup full year sales. The correct Ram pickup sales number is 468,344 putting it behind the Silverado in annual sales.
Originally posted on Auto Dealer Today
More Industry

RV Group Expands Carolina Footprint
Blue Compass RV Columbia Northeast is the 13th RV dealership owned by Blue Compass in the Carolinas.
Read More →
Agent Acumen
An Agent Summit panel of people who’ve been supporting auto dealers for years gave both timely and timeless advice for those starting out or mulling the prospect.
Read More →
Missed Maintenance Creates Opportunity
As families get back on the road and into daily school routines, service drives have an opportunity to capture customers who are behind on recommended vehicle maintenance.
Read More →
Mitsubishi Unveils U.S. Plan
The automaker announced a strategy that includes an expanded lineup and dealership presence, along with more ‘rugged’ and electric models.
Read More →
Selling to Grow
The question of whether you should sell your agency and if so, when, is up to you. But it’s a question worth asking to ensure you keep the business on the right path for yourself, employees and clients.
Read More →
Recalled Vehicles Hit 5-Year High
Though the number of events has fallen so far this year, impacted units are up significantly. Meanwhile, regulators consider consumer notification changes.
Read More →
Auto Group Acquires Top-Performing Rooftop
Car Pros sold its Kia Huntington Beach location to Sutherlin Automotive Group, marking the buyer’s third location in Southern California.
Read More →
China as Pacesetter
Automotive leaders huddled on where North America stands in the global picture and how it can strengthen its position against the Asian juggernaut’s surging industry.
Read More →
BMW Concept Car Makes Fuel to Burn
The prototype developed in concert with a South Carolina university engineering team generates more solar energy than it uses in a typical daily commute.
Read More →
South Carolina Auto Group Downsizes
Florida-based group Holler-Classic has acquired four rooftops, its first in South Carolina, from Dick Smith Automotive Group.
Read More →