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Stellantis sales drop 1% in 2023 with plug-in hybrids up

The maker of Chrysler, Dodge, Jeep, Ram and other vehicles reported a 1% U.S. sales decline in 2023, Stellantis NV said Wednesday.

The automaker sold 1.527 million new vehicles last year, down from about 1.547 million sold in 2023. In the fourth quarter, Stellantis’ sales dropped 1%. Dealers sold almost 344,000 vehicles, down from close to 348,000 in the fourth quarter of 2022.

The Dodge Hornet R/T was one the of the plug-in hybrids that Stellantis NV added to its electrified lineup in 2023. Sales of the automaker's plug-in hybrids increased 124% last year from 2022.

Chrysler and Dodge were up 19% and 5% for the annual results, respectively. Jeep sales fell 6%, Ram 1%, Fiat 34% and Alfa Romeo 15%. In the fourth quarter, Jeep sales were up 7%, Ram’s rose 3%, Fiat’s jumped 51% and Alfa Romeo’s increased 9%. Chrysler’s dropped 59%, while Dodge’s were down 8% as it finished production of the gas-powered Charger and Challenger muscle cars.



This article was originally published by a www.detroitnews.com . Read the Original article here. .

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