Fiat Chrysler rides Jeep to May sales increase

June 1, 2016 1:01 PM

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Fiat Chrysler Automobiles eked out a 1.1% U.S. sales gain in May, compared to a year earlier, as strong sales of vans, pickup trucks and sport-utility vehicles offset steep declines in car sales.

Kelley Blue Book and Edmunds.com had projected Fiat Chrysler sales declines of 2.1% and less than 0.1%, respectively, while TrueCar projected an increase of 1.2%. U.S. auto sales remain at near-record high levels.

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