October Sales: Big Three Automakers Report Double-digit Gains

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FCA US LLC, General Motors Co., and Ford Motor Co. today all posted double-digit sales increases in October, with trucks and SUVs leading the way.

According to figures, Ford reported a 13 percent increase in sales (213,938 units) when compared to October 2014.

“Strong demand for our vehicles provided another double-digit sales increase in October, and Ford vehicles posted all-time record average transaction pricing of $34,600 per vehicle,” says Mark LaNeve, vice president of U.S. marketing, sales, and service for Ford. “Gains in our truck business were especially strong, with F-Series delivering its fourth straight month of sales gains and its best October retail levels since 2004.”

The average vehicle transaction price for a Ford vehicle rose $1,800 when compared year over year. Ford-brand SUVs saw a 12 percent increase in sales compared to October 2014. The new Explorer and Edge both saw double-digit increases in sales, while Mustang and Fusion sales both increased by 17 percent when compared year over year.

FCA US reported a 15 percent increase in sales (195,545 units) when compared to October 2014, marking the automaker’s best October sales since 2001.

“October marks our 67th-consecutive month of year-over-year sales growth and our best October since 2001,” says Reid Bigland, head of U.S. sales for FCA. “Last month’s sales strength continued to be broad based for the company with eight FCA vehicles setting October sales records across three of our brands.”

The Chrysler, Dodge, Jeep, Ram Truck, and FIAT brands each posted year-over-year sales gains in October. The Jeep brand reported the largest sales gain of any FCA brand with a 33 percent increase compared to last year.

The Jeep Patriot saw sales increase more than 55 percent when compared year over year, while the Dodge Charger, Dodge Challenger, Dodge Journey, Jeep Cherokee, Jeep Compass, Jeep Wrangler, and Ram ProMaster each recorded their best October sales ever.

GM reported a 16 percent increase in sales (262,993 units) when compared to October 2014, with the Chevrolet brand posting its best October sales since 2004.

“The redesign of our full-size trucks and SUVs, and our move into the small crossover and mid-size pickup segments were smart bets and our timing couldn’t be better with industry sales at record levels,” says Kurt McNeil, U.S. vice president of sales operations at GM.

Chevrolet crossovers saw a 58 percent increase in sales in October compared to a year ago, while the brand’s truck sales were up 13 percent compared year over year. The Chevrolet Silverado and Colorado had their best October sales since 2006.

The GMC brand posted an 18 percent sales increase in October compared to a year ago. 

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