Sales of Stellantis-owned carmakers fell significantly in the United States final year but there is one particular piece of very good news for the automotive conglomerate: the typical transaction cost of its new automobiles jumped.

Stellantis’ current publication of its complete-year 2022 outcomes reveals that its Q4 sales in the U.S. fell by 15.five per cent from Q4 2021 to 347,649 units. That sales figure is a specifically considerable drop from a higher of 542,519 sales reported in Q4 2019, just prior to the COVID-19 pandemic.

Most Stellantis brands skilled a fall in sales. Indeed, Jeep sales dropped by 18 per cent to 143,317 automobiles, Ram sales fell by 14.five per cent to 129,873 units, Chrysler sales fell of a cliff by 39 per cent to 25,052 sales, Alfa Romeo sold 25 per cent fewer automobiles in the final quarter totaling three,031 units, and Fiat’s sales fell by 56 per cent to just 118 units. The only brand that skilled a jump in sales was Dodge, promoting 46,278 automobiles, a 15 per cent improve.

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 Stellantis Q4 U.S. Sales Plummet, But Average Transaction Prices Soar To $55K

The sales decline came as Stellantis drastically slashed incentives for all of its brands, dropping incentive spending by 31 per cent in Q4 2022 compared to the preceding year.

While the brand’s sales took a hit, the typical transaction costs of its automobiles swelled by five per cent final year, topping out at $55,281, Cox Automotive notes.

Ram models normally sell for the most with an typical transaction cost of $59,903. The ATP of Jeep models jumped by 7 per cent to $53,968 thanks in component to the introduction of the Wagoneer and the Grand Wagoneer. The typical Dodge ATP also climbed by 9.five per cent to $50,369 with costs of the Charger jumping by a considerable 13 per cent to $47,118. The most pricey Dodge model was the Durango with an typical transaction cost of $53,431, a four per cent improve.

 Stellantis Q4 U.S. Sales Plummet, But Average Transaction Prices Soar To $55K
Image by means of Cox Automotive