Stellantis Doubled PHEV Sales In Q1 2023
Stellantis reports 368,327 vehicle sales in the United States during the first quarter of 2023, which is 9 percent less than a year ago. That’s another quarter of decline, indicating that the market situation is very challenging.
Results in Q1 2023:
- Chrysler sales: 31,899 (up 9.6%)
- Jeep sales: 154,203 (down 20.2%)
- Stellantis sales: 368,327 (down 9.1%)
including Alfa Romeo, Chrysler, Dodge, Fiat, Jeep and Ram
In terms of plug-in electric cars, two of the group’s brands – Chrysler and Jeep – are offering plug-in hybrid (PHEV) models.
According to Stellantis, in Q1 2023, PHEV sales reached a new record of more than 25,000 units, which is also two times more than a year ago. Not only that, PHEVs achieved a record share of 6.8 percent.
This success is the fruit of Jeep electrification, as Chrysler actually noted a slight decrease in PHEV sales in Q1.
Stellantis plug-in car sales in Q1 2023:
- Chrysler: 3,473 (down 17%) and 10.9% share
- Jeep: 21,614 (up 159%) and 14.0% share
- Stellantis: 25,087 (up 101%) and 6.8% share
2023 Jeep Grand Cherokee 4xe
One of the most interesting things is that the two rechargeable Jeeps are also the two best-selling plug-in hybrids in the US. The Jeep Wrangler 4xe noted a new record of 14,392 units (up 72 percent year-over-year) and captured 38 percent of the Wrangler’s total volume.
The Jeep Grand Cherokee 4xe is also progressing quite nicely with a new record of 7,222 units and a 13 percent share out of the Grand Cherokee’s total volume.
Both models are eligible for the full $7,500 federal tax credit – but only until April 17, 2023, according to Stellantis.
Stellantis plug-in car sales in Q1 2023:
For reference, in 2022, Stellantis sold more than 63,000 plug-in hybrids in the US, which was almost two times more than Toyota.
Plug-in car sales in 2022:
- Chrysler: 14,392 and 12.8% share
- Jeep: 48,989 and 7.2% share
- Stellantis: 63,381 and 4.1% share
Stellantis’ plug-in car sales in 2022:
- Jeep Wrangler 4xe – 43,176
- Chrysler Pacifica Hybrid – 14,392
- Jeep Grand Cherokee 4xe – at least 5,813
- Total: 63,381+ (at least 4.1% of the total Stellantis volume)
It seems that Stellantis gradually is becoming the heavy-weight player in the PHEV segment, far exceeding other manufacturers.
On the other hand, we have to wait a few more years until the first all-electric models from the group will finally enter the market.
Let’s just note that Stellantis is selling also a lot of PHEVs in Canada – in Q1 2023 it was 5,010 Jeep Wrangler 4xe, an undisclosed number of newly launched Jeep Grand Cherokee 4xe and some 450+ Chrysler Pacifica Hybrid.
Stellantis sales details: