DETROIT — U.S. sales of the maker of Chrysler, Dodge, Jeep and other vehicles rose 6% in the second quarter year-over-year, the first quarter the automaker increased sales in the country in two years.
Stellantis NV sold 434,648 vehicles in the April-to-June quarter compared to 408,521 a year ago. Its U.S. brands except for Jeep all saw increased sales with more inventory available from improvement in a global shortage of microchips and as the Federal Reserve halted increases in interest rates.
"We saw increased demand this quarter as market conditions continue to improve and our dealer network makes the necessary adjustments to drive sales growth across our brand portfolios," Jeff Kommor, head of U.S. sales, said in a statement. "We're also seeing extremely positive results from the quality side, with the Dodge, Ram and Alfa Romeo brands owning the top 3 spots in the J.D. Power 2023 U.S. Initial Quality Study."