USA SALES JUNE - FCA - The combined brands saw sales dip for the month even with new models.

• Ram pickup truck sales up 5 percent; best June sales ever
• Jeep® Grand Cherokee posts best June sales since 2005
• Chrysler Pacifica minivan sales up 59 percent; best sales month since launch last year

FCA US LLC today reported sales of 187,348 units, a 7 percent decrease compared with sales in June 2016 (202,421 units).

In June, retail sales of 139,947 units were down 5 percent compared with the same month in 2016, and represented 75 percent of total sales. In line with FCA’s strategy to reduce sales to the daily rental segment, fleet sales of 47,401 units were down as expected 15 percent year over year. 

The largest planned volume reduction in June fleet sales came from the Jeep brand which reduced its fleet sales number by 49 percent year over year. Fleet sales represented 25 percent of total June sales. 

The Ram pickup truck, Ram ProMaster and Ram ProMaster City each posted their best June sales ever. Sales of the Jeep® Grand Cherokee were up 21 percent for its best June sales since 2005. The Jeep Renegade recorded its best June sales ever. Sales of the all-new Chrysler Pacifica were up 59 percent, the minivan’s best sales month since launch last year.

Ram Truck Brand

Sales of the Ram pickup truck were up 5 percent year over year for its best June sales ever. The Ram ProMaster full-size van and Ram ProMaster City van also posted their best June sales ever. The Ram Truck brand ended the month with its best June sales since 2004. 

Ram Truck is the industry’s most improved truck brand with more than a 24 percent improvement in the brand’s initial quality score from last year’s J.D. Power U.S. Initial Quality StudySM (IQS). The annual IQS results for 2017 were announced in June.

The Ram Truck brand in June introduced the new 2018 Ram Limited Tungsten Edition, the most luxurious Ram pickup truck ever. The enhanced interior and exterior trim aligns with Ram’s leadership in design and luxury. The Limited Tungsten Edition MSRP starts at $55,120 (not including $1,395 destination).

  

Jeep® Brand

Sales of the Jeep Grand Cherokee – the most awarded SUV ever – were up 21 percent in June for its best June sales since 2005. In addition, the Jeep Renegade recorded its best June sales ever. The Jeep Compass posted its best sales month so far this year.

Dodge Brand

Three Dodge brand vehicles posted year-over-year sales increases in June, led by the Dodge Challenger muscle car with its 24 percent year-over-year sales gain. Dodge Grand Caravan sales were up 9 percent for its best June sales since 2006. Dodge Viper sales increased 46 percent, compared with the same month a year ago. The Challenger and Grand Caravan ranked second in initial quality in their respective segments in the J.D. Power IQS.

Chrysler Brand

Sales of the all-new Chrysler Pacifica and Chrysler 300 full-size sedan were up year-over-year in June. Sales of the Pacifica – the most awarded minivan of 2016 and 2017 – were up 59 percent in June, compared with the same month a year ago. June was the minivan’s best sales month since it was launched last year. 

The Pacifica continues to accumulate awards and accolades in 2017, including highest-ranking minivan in its maiden year in the J.D. Power IQS. Chrysler 300 sales were up 47 percent in June, compared with the same month a year ago. It was the full-size sedan’s best June sales since 2012. June was the Chrysler brand’s best sales month so far this year.

FIAT Brand

The all-new 2017 Fiat 124 Spider Abarth took the top award in the “Small Convertible” category at last month’s Topless in Miami Presented by Haartz competitive car event hosted by the Southern Automotive Media Association (SAMA). More than 40 journalists attended the event and drove more than 25 vehicles from various manufacturers. Journalists voted for their favorite vehicles after driving scenic routes in Key Biscayne, Fla. 

Alfa Romeo Brand

Alfa Romeo brand sales of 1,017 units were up significantly compared with the same month a year ago.

Method of Determining FCA US LLC’s Monthly Sales. FCA US’s reported vehicle sales represent unit sales of vehicles to retail customers, deliveries of vehicles to fleet customers and to others such as FCA US’s employees and retirees as well as vehicles used for marketing.  

Most of these reported sales reflect retail sales made by dealers out of their own inventory of vehicles previously purchased by them from FCA US.  Reported vehicle units sales do not correspond to FCA US’s reported revenues, which are based on FCA US’s sale and delivery of vehicles, and typically recognized upon shipment to the dealer or end customer. As announced on July 26, 2016, FCA US has modified its methodology for monthly sales reporting as follows: 

• Sales to retail customers by dealers in the U.S. are derived from the New Vehicle Delivery Report (“NVDR”) system and are determined as the sum of (A) all sales recorded by dealers during the month net of all unwound transactions recorded to the end of that month (whether the original sale was recorded in the current month or any prior month); plus (B) all sales of vehicles during that month attributable to past unwinds that had previously been reversed in determining monthly sales (in the current or prior months).
• Fleet sales are recorded upon the shipment of the vehicle by FCA US to the customer or end user.
• Other retail sales are recorded either (A) when the sale is recorded in the NVDR system (for sales by dealers in Puerto Rico and limited sales made through distributors that submit NVDRs in the same manner as for sales by U.S. dealers) or (B) upon receipt of a similar delivery notification (for vehicles for which NVDRs are not entered such as vehicles for FCA employees). 

FCA European sales grew in the month of April to better the Industry Average.

FCA performed better than the European industry average once again in April. Industry sales were down 6.8% year-over-year, reflecting the number of public holidays falling during the month, while FCA posted a decrease of just 0.5% year-over-year. 

Group market share was up 50 basis points to 7.3%, making FCA fourth overall in the European sales rankings. The Alfa Romeo brand posted a particularly strong month with April sales up 52.2%, driven by the Giulia and Stelvio (already segment leader in Italy). 

The Fiat Panda and Fiat 500 continued to dominate the A segment with a combined 29.4% share. 

The Fiat 500L led its segment – with a 28.5% share – and the Fiat 500X and Jeep Renegade also ranked among the best-selling models in their respective segments. With another strong monthly performance, the Fiat Tipo also continued to climb the rankings in its segment.

In April, passenger car sales in Europe (EU28+EFTA) totaled just over 1,230,000 units, representing a 6.8% year-over-year decline.

FCA performed better than the European industry average for another consecutive month and ranked fourth overall with a total of 89,300 vehicles sold (substantially in line with the prior year). This was despite fewer selling days with several public holidays falling during the month. Group market share was up 50 basis points at 7.3%.

For the four months year-to-date, FCA sales totaled 392,400 vehicles, an increase of 10.8% compared with a European average of 4.5%. Group market share for the period was up 50 basis points year-over-year at 7.2%.

In April, FCA ran counter to the trend in Germany (+26.8% versus an industry average of -8.0%) and France (+5.0% versus an industry average of -6.0%), and outperformed in Spain (+6.1% versus an industry average of +1.2%).

Fiat posted European sales of 67,000 vehicles for the month, with market share 20 basis points higher at 5.4%.

Year-to-date, brand sales were up 10.4% to 296,800 vehicles. Market share for the period was 30 basis points higher at 5.4%.

Sales were up 3.9% in France, 8.0% in Spain and 24.5% in Germany.

The Panda and 500 continued as the two best-selling vehicles in the A segment with a combined share of nearly 30.0%. Year-to-date, sales of the Panda were up 1.0% to 74,600 units, while sales of the 500 were up 2.6% to nearly 70,200 units.

The Fiat Tipo posted another strong month, ranking as C-segment leader in Italy and among the best-sellers in Europe. Also performing well were the 500X (among the top 5 in its segment) and the 500L (continuing as leader in its segment with a 28.5% share).

Lancia/Chrysler posted April sales of more than 5,900 vehicles with share unchanged at 0.5%. For the year-to-date, brand sales were up 1.8% to nearly 27,500 units with share at 0.5%.

The ever-popular Ypsilon remained first in its segment in Italy with year-to-date sales up 2.0%.

Alfa Romeo posted an exceptional monthly performance with sales up 52.2% year-over-year to nearly 7,400 vehicles. Market share was 20 basis points higher at 0.6%.

Year-to-date, sales were up 38.7% to nearly 28,900 vehicles, with market share increasing to 0.5% (+10 basis points).

Sales were up 46.6% in Italy (+35.7% for the year-to-date), 162.7% in Germany (+94.5% year-to-date) and 55.4% in France (+22.4% year-to-date).

Driving this result were the Alfa Romeo Giulia and Stelvio. The Giulia is already among the D-segment leaders in Italy, with a 12.4% share, and climbing the rankings in other markets. The Stelvio is segment leader in Italy (11.8% share) with solid growth in markets across Europe.

Jeep posted April sales of more than 8,200 vehicles, and share was stable at 0.7%.

Year-to-date, brand sales totaled 35,400 vehicles (in line with 2016) and share was 0.6%.

April sales were particularly strong in Germany (+18.1%) and Spain (+10.1%).

The Renegade continued as one of the leaders in its segment with a 6.2% share in April. For the year-to-date, sales were up 7.8%.

For Maserati, the Group’s luxury brand, European sales totaled 754 vehicles in April and 3,840 for the year-to-date.

USA SALES APRIL - FCA - The company as a whole decreases sales, but there are some highlights.

• Ram Truck brand sales up 5 percent; pickup sales increase 8 percent versus same month a year ago
• Jeep® Grand Cherokee sales up 6 percent, compared with same month a year ago
• Three Dodge brand vehicles post sales gains; Dodge Journey crossover sales up 72 percent
• All-new Chrysler Pacifica minivan sales up year over year and best sales month so far this year

FCA US today reported sales of 177,441 units, a 7 percent decrease compared with sales in April 2016 (190,071 units), which now include Maserati brand sales.

In April, fleet sales of 30,650 units were down 21 percent year over year as FCA US continues its strategy of reducing sales to the daily rental segment. Fleet sales represented 17 percent of total sales in April. Retail sales of 146,791 units were down 3 percent for the month, and represented 83 percent of total April sales. 

Ram Truck brand sales were up 5 percent year over year in April, compared with the same month a year ago. The increase was driven by an 8 percent increase in Ram pickup truck sales. Three Dodge brand vehicles posted sales gains, led by the Dodge Journey crossover’s 72 percent year-over-year increase. The Jeep Grand Cherokee posted a 6 percent sales gain in April. Sales of the all-new Chrysler Pacifica minivan – the most awarded minivan of 2016 and 2017 – increased year over year in April, versus the same month a year ago and turned in its best sales month so far this year.

Ram Truck Brand

Ram pickup truck sales increased 8 percent in April, compared with the same month a year ago. Ram Truck brand sales – which also include the Ram ProMaster and Ram ProMaster City vans – were up 5 percent for the month. The Fast Lane Truck (TFLtruck) in April honored the 2017 Ram 3500 with a Gold Hitch award for the heavy-duty segment. The 6.7-liter Cummins diesel-powered Ram 3500 Heavy Duty took top honors for outstanding pulling power, braking, fuel economy, comfort and handling under extreme towing conditions.

Jeep® Brand

Jeep Grand Cherokee sales were up 6 percent in April, compared with the same month a year ago. The brand’s total sales for the month were down as the brand launches the all-new 2017 Jeep Compass and continues to reduce its fleet sales volume to the daily rental segment. The all-new Compass is now arriving in Jeep dealerships in greater numbers. The new Compass is the only compact SUV to offer a nine-speed automatic transmission, and is standard on all Compass 4x4 models. 

The Jeep brand unveiled the 2018 Jeep Grand Cherokee Trackhawk at the New York International Auto Show in April. The Grand Cherokee Trackhawk is the most powerful and quickest SUV ever. Powering the Trackhawk is a supercharged 6.2-liter V-8 engine delivering 707 horsepower and 645 lb.-ft. of torque. Built in Detroit at the Jefferson North Assembly Plant, the Trackhawk will arrive in Jeep showrooms in the fourth quarter of 2017.

Dodge Brand

Three Dodge brand vehicles posted year-over-year sales increases in April, led by the Dodge Journey crossover’s 72 percent sales gain. Sales of the Dodge Challenger coupe were up 5 percent, while Dodge Durango full-size SUV sales increased 17 percent in April, compared with the same month a year ago. The 2018 Dodge Challenger SRT Demon – the World’s Fastest 0-60 Production Car and the Dodge brand’s new ultimate performance halo – was unveiled in April during the 2017 New York International Auto Show. The limited-production Challenger SRT Demon is powered by an 840-horsepower, supercharged 6.2-liter HEMI® Demon V-8, the world’s most powerful factory-production V-8 engine.

Chrysler Brand

The all-new 2017 Chrysler Pacifica – the most awarded minivan of 2016 and 2017 – posted its best sales month so far this year in April. Pacifica sales were up year over year, and increased 12 percent compared with sales in the previous month of March. In addition, the all-new Chrysler Pacific Hybrid minivan began shipping to Chrysler dealerships last month. The Pacifica continues to accrue awards and accolades in 2017, including the 2017 Crossover-SUV of the Year by the Rocky Mountain Automotive Press (RMAP), the best minivan in Popular Mechanics’ annual Automotive Excellence Awards, and the best minivan of 2017 by the New York Daily News Autos team in the newspaper’s second annual Auto Awards.

FIAT Brand

Fiat 124 Spider sales were up 11 percent compared with the previous month of March. April was the 124 Spider’s best sales month so far this year. The 124 Spider was named Best Sports Car for the Money by U.S. News & World Report.

Alfa Romeo Brand

Alfa Romeo brand sales of 677 units increased 1,047 percent compared with the same month a year ago.

Maserati Brand1

Maserati brand sales of 1,265 units were up 19 percent versus the same month in 2016.

U.S. Sales Summary April 2017
	Month Sales		Vol %	CYTD Sales		Vol %
Model	Curr Yr	Pr Yr	Change	Curr Yr	Pr Yr	Change
Compass	3,520	9,129	-61%	12,072	32,116	-62%
Patriot	4,939	10,404	-53%	21,119	39,615	-47%
Wrangler	18,841	18,840	0%	60,152	60,762	-1%
Cherokee	14,083	16,966	-17%	54,838	65,404	-16%
Grand Cherokee	18,877	17,768	6%	75,477	65,426	15%
Renegade	8,619	9,430	-9%	33,964	31,584	8%
JEEP BRAND	68,879	82,537	-17%	257,622	294,907	-13%
200	2,857	6,203	-54%	9,477	22,118	-57%
300	3,948	5,317	-26%	19,011	22,458	-15%
Town & Country	77	6,029	-99%	418	43,257	-99%
Pacifica	10,427	342	New	35,479	482	New
CHRYSLER BRAND	17,309	17,891	-3%	64,385	88,315	-27%
Dart	1,286	4,356	-70%	5,944	20,597	-71%
Charger	6,937	7,228	-4%	29,256	33,573	-13%
Challenger	6,591	6,303	5%	22,316	22,431	-1%
Viper	56	61	-8%	234	198	18%
Journey	8,401	4,882	72%	42,801	28,774	49%
Caravan	9,817	12,239	-20%	49,871	50,296	-1%
Durango	6,357	5,411	17%	23,086	25,504	-9%
DODGE  BRAND	39,445	40,488	-3%	173,508	181,404	-4%
Ram P/U	43,321	40,264	8%	162,520	153,562	6%
ProMaster Van	2,701	2,819	-4%	12,748	11,121	15%
ProMaster City	1,305	1,833	-29%	4,638	6,384	-27%
RAM BRAND	47,327	44,932	5%	179,906	171,086	5%
500	1,201	1,504	-20%	5,221	5,099	2%
500L	115	466	-75%	399	1,728	-77%
500X	758	1,128	-33%	2,724	4,386	-38%
Spider	465	0	New	1,426	0	New
FIAT BRAND	2,539	3,098	-18%	9,770	11,213	-13%
Mainstream Brands	175,499	188,946	-7%	685,191	746,925	-8%
Giulia	634	0	New	1,600	0	New
Alfa 4C	43	59	-27%	183	217	-16%
ALFA ROMEO	677	59	1047%	1,783	217	722%
MASERATI	1,265	1,066	19%	4,553	3,316	37%
Premium Brands	1,942	1,125	73%	6,336	3,533	79%
FCA U.S. Market	177,441	190,071	-7%	691,527	750,458	-8%
FCA US LLC	176,176	189,005	-7%	686,974	747,142	-8%
MASERATI	1,265	1,066	19%	4,553	3,316	37%

[1] The Maserati Brand is distributed in the United States by Maserati North America, Inc., an indirect wholly owned subsidiary of Fiat Chrysler Automobiles N.V. All other brands listed in this release are distributed by FCA US LLC.

USA SALES MARCH - FCA - Overall, across all brands there is a small 5% decrease in sales.

• Dodge brand sales up 10 percent; four Dodge brand vehicles post sales gains
• Ram Truck brand sales up 6 percent; Ram pickup sales increase 6 percent year over year
• Jeep® Grand Cherokee sales increase 22 percent compared with same month a year ago
• Fiat 500 sales up 12 percent for the month

FCA US LLC today reported U.S. sales of 190,254 units, a 5 percent decrease compared with sales in March 2016 (199,467 units).

In March, fleet sales of 43,992 units were down 15 percent year over year as FCA US continues its strategy of reducing its sales to the daily rental segment. Fleet sales represented 23 percent of total FCA US sales in March. FCA US retail sales of 146,262 units were down 1 percent for the month, and represented 77 percent of total March sales.

Dodge brand and Ram Truck brand sales increased year over year in March. Dodge brand sales were up 10 percent, led by the 100 percent increase in Dodge Journey crossover sales. 

Ram Truck brand sales were up 6 percent in March as the Ram pickup and Ram ProMaster van each posted year-over-year sales gains. Sales of the Jeep® Grand Cherokee – the Jeep brand’s volume leader in March – were up 22 percent compared with the same month in 2016. Sales of the Fiat 500 and the all-new Chrysler Pacifica minivan increased year over year as well in the month.

Dodge Brand

Four Dodge brand vehicles posted year-over-year sales increases in March, led by the Dodge Journey crossover’s 100 percent sales gain. Sales of the Dodge Challenger were up 17 percent in March. The 2018 Dodge Challenger SRT Demon – the Dodge brand’s new ultimate performance halo car – will be unveiled this month during the 2017 New York International Auto Show week. The Dodge Grand Caravan minivan and the Dodge Viper also turned in year-over-year sales gains for the month. Dodge brand sales were up 10 percent compared with the same month in 2016.

Ram Truck Brand

Ram pickup truck sales increased 6 percent in March, compared with the same month a year ago. In addition, sales of the Ram ProMaster van were up 24 percent for the month. Ram Truck brand sales, which include the pickup, ProMaster and ProMaster City, were up 6 percent in March. The brand last month unveiled a new exterior color shade for its luxurious and capable Laramie Longhorn line of pickup trucks. RV Match Walnut Brown will serve as the model’s new two-tone contrast color, replacing White Gold. The Ram Laramie Longhorn is the Texas Auto Writers Association’s Luxury Truck of Texas.

FIAT Brand

Sales of the Fiat 500 increased 12 percent in March, compared with the same month a year ago. Fiat 124 Spider sales were up 39 percent compared with the previous month of February. Experts at Cars.com consider the all-new 2017 Fiat 124 Spider best in its segment, naming it the “Best New Convertible” of 2017.

Jeep® Brand

The Jeep Grand Cherokee – the brand’s volume leader for the month – recorded a 22 percent year-over-year sales increase in March for its best sales month this year. The all-new 2017 Jeep Compass – the most capable compact SUV ever with the most advanced 4x4 systems in its class – began shipping to Jeep dealerships in March. The new Compass expands the Jeep brand’s global reach with an unmatched combination of attributes that includes legendary and best-in-class 4x4 off-road capability, advanced fuel-efficient powertrains, premium and authentic Jeep design, superior on-road driving dynamics, open-air freedom, and a host of innovative safety and advanced technology offerings.

Chrysler Brand

Sales of the all-new 2017 Chrysler Pacifica – the most awarded minivan of 2016 and 2017 – were up in its third month of year-over-year comparisons, and increased 3 percent compared with sales in the previous month of February. March also was the Pacifica’s best sales month so far this year. The Pacifica continues to earn a plethora of awards and accolades in 2017, landing on Kelley Blue Book’s list of the “12 Best Family Cars of 2017” in the best minivans category, and “2017 North American Utility of the Year.”

Alfa Romeo Brand

Alfa Romeo brand sales of 555 units were up 1,191 percent compared with the same month a year ago.

Maserati Brand¹

Maserati brand sales of 1,312 units were up 32 percent compared with the same month in 2016.

U.S. Sales Summary March 2017
	Month Sales		Vol %	CYTD Sales		Vol %
Model	Curr Yr	Pr Yr	Change	Curr Yr	Pr Yr	Change
Compass	2,651	7,823	-66%	8,552	22,987	-63%
Patriot	5,968	9,264	-36%	16,180	29,211	-45%
Wrangler	16,336	17,586	-7%	41,311	41,922	-1%
Cherokee	14,589	16,302	-11%	40,755	48,438	-16%
Grand Cherokee	20,374	16,693	22%	56,600	47,658	19%
Renegade	8,065	8,872	-9%	25,345	22,154	14%
JEEP BRAND	67,983	76,540	-11%	188,743	212,370	-11%
200	2,565	4,971	-48%	6,620	15,915	-58%
300	4,969	6,172	-19%	15,063	17,141	-12%
Town & Country	95	14,200	-99%	341	37,228	-99%
Pacifica	9,340	30	New	25,052	140	New
CHRYSLER BRAND	16,969	25,373	-33%	47,076	70,424	-33%
Dart	1,578	5,137	-69%	4,658	16,241	-71%
Avenger	0	8	-100%	0	23	-100%
Charger	8,236	8,798	-6%	22,319	26,345	-15%
Challenger	6,225	5,325	17%	15,725	16,128	-2%
Viper	71	65	9%	178	137	30%
Journey	11,858	5,931	100%	34,400	23,892	44%
Caravan	15,602	13,124	19%	40,054	38,057	5%
Durango	6,506	7,241	-10%	16,729	20,093	-17%
DODGE  BRAND	50,076	45,629	10%	134,063	140,916	-5%
Ram P/U	46,384	43,647	6%	119,199	113,298	5%
Cargo Van	0	1	-100%	0	3	-100%
ProMaster Van	4,048	3,263	24%	10,047	8,302	21%
ProMaster City	1,317	1,886	-30%	3,333	4,551	-27%
RAM BRAND	51,749	48,797	6%	132,579	126,154	5%
Giulia	484	0	New	966	0	New
Alfa 4C	71	43	65%	140	158	-11%
ALFA BRAND	555	43	1191%	1,106	158	600%
500	1,671	1,494	12%	4,020	3,595	12%
500L	106	535	-80%	284	1,262	-77%
500X	726	1,056	-31%	1,966	3,258	-40%
Spider	419	0	New	961	0	New
FIAT BRAND	2,922	3,085	-5%	7,231	8,115	-11%
TOTAL FCA US LLC	190,254	199,467	-5%	510,798	558,137	-8%
Total Car & MPV	51,432	59,902	-14%	136,381	172,370	-21%
Total UV's	87,073	90,768	-4%	241,838	259,613	-7%
Total Truck & LCV	51,749	48,797	6%	132,579	126,154	5%
MASERATI BRAND	1,312	997	32%	3,288	2,250	46%

[1] The Maserati Brand is distributed in the United States by Maserati North America, Inc., an indirect wholly owned subsidiary of Fiat Chrysler Automobiles N.V. All other brands listed in this release are distributed by FCA US LLC.

Method of Determining FCA US’s Monthly Sales. FCA US’s reported vehicle sales represent unit sales of vehicles to retail customers, deliveries of vehicles to fleet customers and to others such as FCA US’s employees and retirees as well as vehicles used for marketing.  Most of these reported sales reflect retail sales made by dealers out of their own inventory of vehicles previously purchased by them from FCA US.  Reported vehicle units sales do not correspond to FCA US’s reported revenues, which are based on FCA US’s sale and delivery of vehicles, and typically recognized upon shipment to the dealer or end customer. As announced on July 26, 2016, FCA US has modified its methodology for monthly sales reporting as follows:

• Sales to retail customers by dealers in the U.S. are derived from the New Vehicle Delivery Report (“NVDR”) system and are determined as the sum of (A) all sales recorded by dealers during the month net of all unwound transactions recorded to the end of that month (whether the original sale was recorded in the current month or any prior month); plus (B) all sales of vehicles during that month attributable to past unwinds that had previously been reversed in determining monthly sales (in the current or prior months).
• Fleet sales are recorded upon the shipment of the vehicle by FCA US to the customer or end user.
• Other retail sales are recorded either (A) when the sale is recorded in the NVDR system (for sales by dealers in Puerto Rico and limited sales made through distributors that submit NVDRs in the same manner as for sales by U.S. dealers) or (B) upon receipt of a similar delivery notification (for vehicles for which NVDRs are not entered such as vehicles for FCA employees). 

Method of Determining Maserati North America’s U.S. Monthly Sales. Maserati North America Inc.’s (MNA) reported U.S. vehicle sales represent unit sales of vehicles made by dealers out of inventory to retail customers and deliveries of vehicles to fleet customers.  Sales to retail customers by dealers in the U.S. are determined as the sum of all sales recorded by dealers in MNA’s notification system during the month.  Only the first such recorded sale of a vehicle is reported and any subsequent sale of a vehicle previously reported as sold is not counted as a sale by MNA for sales reporting purposes.