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FCA Restates August Car Sales in U.S.

Fiat Chrysler Automobiles NV has restated its vehicle sales data for 2015 and 2016, resulting in a 3% sales gain for August compared with the originally reported 2% decline.

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Fiat Chrysler Automobiles NV has restated its vehicle sales data for 2015 and 2016, resulting in a 3% sales gain for August compared with the originally reported 2% decline.

The swing comes from the company’s new method of reporting fleet sales, which now reports the activity when vehicles are actually delivered. Last month fleet sales accounted for 24% of FCA’s volume in the U.S.

The revised figures put the company’s August sales, including Fiat brand cars, at 196,800 units compared with 190,900 for the same month last year.

Gardner Business Media - Strategic Business Solutions