I wanted to talk about auto sales reports so I made a new section on this forum. Being admin, I guess, has its priviledges.
Link to the article: https://pickuptrucktalk.com/2024/10/2024-q3-truck-sales-tundra-gains-ram-big-drop-tacoma-slips/
Something else to consider. Here is the top of the press release from Stellantis:
Consider this though. The Ram 1500 hasn't been really updated since 2019. Jeep Wrangler got a really good competitor in the Ford Bronco a few years ago (I'm driving one this week and that Bronco just kicks the Wrangler's butt), Jeep killed the Renegade and Compass (its lower prices offerings), Ram missed the midsize boom and really missed the compact truck boom, Dodge is killing its most profitable car the Charger, and Fiat finally pulled the plug on the 500. Fiat has been a huge miss along with Maserati. Then, there's the UAW strike that I'm pretty certain is going to hit them. Not great news anyway you slice it.
Link to the article: https://pickuptrucktalk.com/2024/10/2024-q3-truck-sales-tundra-gains-ram-big-drop-tacoma-slips/
Something else to consider. Here is the top of the press release from Stellantis:
- Third-quarter 2024 total U.S. sales decreased 20% year over year
- Company’s total share grows in consecutive months during Q3, from 7.2% in July to 8% in September
- During the company’s third quarter, inventory was reduced by 50K units (-11.6%)
- Incentive offerings to continue through the end of the year across the U.S. brand portfolio, including Chrysler, Dodge, FIAT, Jeep® and Ram
- Jeep Wrangler 4xe, Jeep Grand Cherokee 4xe, Dodge Hornet R/T and Chrysler Pacifica Hybrid take four of top-five spots for best-selling hybrids in the U.S. (source: S&P Global Mobility U.S. State Registrations database through July 31, 2024)
Consider this though. The Ram 1500 hasn't been really updated since 2019. Jeep Wrangler got a really good competitor in the Ford Bronco a few years ago (I'm driving one this week and that Bronco just kicks the Wrangler's butt), Jeep killed the Renegade and Compass (its lower prices offerings), Ram missed the midsize boom and really missed the compact truck boom, Dodge is killing its most profitable car the Charger, and Fiat finally pulled the plug on the 500. Fiat has been a huge miss along with Maserati. Then, there's the UAW strike that I'm pretty certain is going to hit them. Not great news anyway you slice it.