Drive Wire for July 27, 2016: FCA’s 75-Month Run of Sales Growth Was Actually Just 40 Months
Under revised rules for tabulating results, the sales streak ended in 2013.
On today's installment of Drive Wire, The Drive discusses the news that Fiat Chrysler's reported 75-month-long streak of ever-increasing sales actually concluded after 40 months, according to the carmaker's revised method of calculating the number of vehicles it moved. On Tuesday, FCA released a lengthy press release detailing the new way it will be using to calculate vehicle sales; when applied retroactively, it reveals that the company's claimed six-plus year increase in the number of cars and trucks technically concluded in September 2013. For more on this story, check out the video above, as well as the accompanying article right here on The Drive.
- RELATEDDrive Wire for July 26, 2016: Don't Expect an Electric Porsche 911 Anytime SoonProduct chief says such a car would be plagued with too many disadvantages.READ NOW
- RELATEDDrive Wire for July 25, 2016: GM to 'Step Back' on New Technologies, Including AutonomyGlobal automotive powerhouse may delay its anticipated Super Cruise system in the face of the Tesla Autopilot controversy.READ NOW
- RELATEDWeekly Wire for July 22: Tesla’s “Master Plan,” FCA’s Suspect Sales Numbers and Fernando Alonso’s Gripes With F1Tesla is seemingly shooting from the hip (again), FCA might be screwed (again), and Alonso is oh-so-bored.READ NOW
- RELATEDDrive Wire for July 21, 2016: Russian Spies Banished to Siberia for Hooning Mercedes G-WagensRolling deep in blacked out pricey SUVs; good for rich folks, bad for covert spies.READ NOW
- RELATEDDrive Wire for July 20, 2016: Is Tesla Motors Changing Its Name and Mission?Small changes and strategic moves suggest a future that could expand beyond cars.READ NOW