FCA on Track to Making Their Million-Jeep Year Goal!

wayoflife

Administrator
Staff member
When Sergio Marchionne declared that they would achieve a goal of selling one million Jeeps worldwide in 2014, it was met with laughter and ridicule. Jeff Schuster of Reuters was quoted as saying “All the planets would have to perfectly align, even those we don’t yet know about, to hit the target in 2014, so we just don’t see that happening.” Fact of the matter was, FCA would have needed to see a 36.9% increase in worldwide sales over Jeep’s 2013 total which was 731,565 and really, that would be a feat but amazingly, one that they're coming real close to doing. As of the end of November, Jeep just needs to sell a little shy of 80,000 vehicles to make their goal of a million and, if they can do as well in December as they did last month where they sold 89,811 vehicles, this shouldn't be a problem at all. Heck, even if they just make their average for the year of 83,663, they'll still hit it. :cool:

The million-Jeep year
by Bill Cawthon

Jeep-2015Wrangler-ArrowUp-Web.jpg

Back in January, Fiat Chrysler Automobiles CEO Sergio Marchionne said that Jeep worldwide sales would hit one million in 2014. Marchionne’s goal required a 36.9% increase over Jeep’s 2013 worldwide total of 731,565 sales.

As might be expected, there were some doubters.

Quoted in a Reuters article published shortly after Marchionne’s announcement, Jeff Schuster, one of the top analysts with LMC Automotive, said Jeep would hit a million in sales by 2020, but not this year.

“All the planets would have to perfectly align, even those we don’t yet know about, to hit the target in 2014, so we just don’t see that happening.”

It appears that the planets have lined up quite nicely because, as of the end of November, Jeep is within 79,706 sales of hitting the magic million.

All it takes is one more month as least as good as November to make it happen.

In November, worldwide Jeep sales totaled 89,811. That brought the total for the first 11 months of the year to 920,294 deliveries.

Repeat November and the year-end total hits 1,010,105. Even the average of Jeep sales over the first 11 months, 83,663, would do the job.

While U.S. sales still account for 64.8% of Jeep sales, the international market, outside of the NAFTA region, is pulling its weight with 22.1% of total units.

In the U.S., Jeep has been a huge factor in total market growth. New Jeeps accounted for 24.6% of the additional vehicles sold in the 11 months that ended on November 30.

In the hottest segment of the U.S. market, crossovers and SUVs, Jeeps made up 36.3% of the additional vehicles delivered. Jeep’s growth was more than three times the growth of the segment.

If the 191,895 additional Jeeps sold from January to the end of November (compared to the same period in 2013) were a separate brand, they would rank 20th among all brands sold in the U.S., beating the total year-to-date sales of Audi, Cadillac, Acura, Infiniti, Lincoln and Mitsubishi, among other brands, and coming in about 19,700 sales behind Buick.

That’s just the extra Jeeps.

With a month left in the year, the Jeep Compass, Patriot and Wrangler have already set new all-time, full-year U.S. sales records.

The Jeep Cherokee could very well beat the best sales year of its predecessor, the Liberty. The sun could also very well rise tomorrow; the Cherokee is just 10,419 sales away from beating the Liberty now.

There are good sales years and great sales years and then there are the years that become almost legendary.

2014 could be that year for Jeep.

Article found on AllPar here:
http://www.allpar.com/news/index.php/2014/12/the-million-jeep-year
 

vitodivita

Member
That's pretty astounding that they met the goal, thought they were a little too confident in their numbers. Count me in for a new Jeep purchase this month, 15' JKU. :D
 
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