Fiat brand sales in the US still flat despite arrival of 500L

Article by Anita Panait, on October 10, 2013

Fiat brought in the Fiat 500L to its dealers in the United States with the expectation that it will boost its sales in the country. But the Fiat 500L failed to do so and the brand saw its sales in September 2013 decline by 24 percent. As a result, Fiat posted sales of only 32,743 units in the first nine months of 2013 – a level that is more or less similar to the brand’s deliveries in the same period in 2012.

The addition of the 500L as well as the addition of more dealers didn’t help the stagnating sales. Dealers are disappointed with the figures posted by their dealership, according to Alan Haig, president of automotive services for Presidio Group, a financial services firm that brokers dealership sales. A dealer in northern US has the same view. He told Automotive News that the Fiat brand has “become a stepchild.” He said that although Chrysler doesn't want to hear that, “that's the reality."

He told Automotive News that his Fiat store is operating like a used-car lot, supplemented by whatever Fiats he can sell.  Jason Stoicevich, head of the Fiat brand in the US, is optimistic that sales of the 500L will grow.  He remarked that while their online traffic has improved, it takes a few months for those considering a 500L to get into showrooms.

Factory numbers shown to dealers says that just around 45 percent of Fiat dealerships are profitable. But since many of them share some expenses with Chrysler Group dealerships, a smaller number of dealers would be profitable if treated as stand-alone businesses.

If you liked the article, share on:


Login or Create new account to add a comment!


Mitsubishi is now officially part of the Renault-Nissan alliance after Nissan took over the Japanese car company recently. We know a lot has been happening in the car industry, but...
by - October 24, 2016
Driving the newest 2017 BMW 5-Series (G30), Clive Owen (Closer, Children of Men) returns to his role as “The Driver”. In this latest installment, what initially starts as a simple...
by - October 24, 2016
Many had wished that a Lamborghini Huracán Superleggera would somehow make a surprise debut at the recently held Paris Motor Show. Sadly, not a single Lamborghini appeared anywhere in sight....
by - October 24, 2016
Aston Martin and Red Bull Racing teamed up for the first time in creating what looks like one of the most ferocious beasts in history. The British car manufacturer has...
by - October 24, 2016
German premium carmaker Audi is reportedly planning to buy back around 25,000 Audi Q7 SUVs powered by its 3.0-liter V6 TDI engine in the United States. The buyback should compensate...
by - October 24, 2016