Fiat Chrysler's April U.S. Sales Grow as Buyers Snap Up Jeeps

May 3, 2016 12:44 PM

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Fiat Chrysler's April U.S. Sales Grow as Buyers Snap Up Jeeps

Fiat Chrysler Automobiles NV said its U.S. sales rose 5.6 percent in April, beating analyst estimates and extending its streak of monthly gains to more than six years thanks to the popularity of Jeep sport utility vehicles and Ram pickups. Nissan Motor Co. also beat estimates, while Ford Motor Co. just missed.

FCA’s sales reached 199,631 cars and light trucks, the automaker said in a statement Tuesday. On average, analysts had projected 4.3 percent growth. Jeep sales, which boosted the carmaker’s first-quarter profit, jumped 17 percent from a year earlier, as Compass and Renegade more than doubled, comple...

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