(Reuters) – Fiat Chrysler Automobiles said total sales in Canada slumped 8 percent to 24,490 vehicles in March, hurt by steep declines in demand for Chrysler and Dodge brands from a year earlier.
A screen displays the ticker information for Fiat Chrysler Automobiles NV at the post where it’s traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 12, 2016. REUTERS/Brendan McDermid
Bulk of the company’s vehicle business came from a 44 percent jump in sales for the Jeep brand and a 6 percent rise in sales for Ram brand of vans and trucks.
Total sales in Canada for larger rival General Motors Co rose 0.1 percent to 30,159 vehicles from a year ago.
Detroit-based GM saw Chevrolet sales of 17,633, up 1.3 pct and GMC truck sales rose nearly 2 percent to 9,961.
In the United States, both Detroit-based automakers posted sales gains in new vehicles on the back of strength in the economy. GM posted a 16 percent jump in new vehicle sales while Fiat’s sales rose 14 percent.
Reporting by Ahmed Farhatha in Bengaluru; Editing by Arun Koyyur