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JPMorgan Chase & Co. Purchases 4,669,960 Shares of Fiat Chrysler ...

Discussion in 'Mopar News' started by Hemidakota, Dec 19, 2017.

  1. Archknight

    Archknight Active Member

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    Lol....you guys I'm not actually serious. The point is the money could have been put somewhere else.
     
  2. DAGAR

    DAGAR Active Member

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    The Pacifica was a good investment it appears. It's sales aren't staggering, but they are likely the highest sales at retail. That's pretty darn good for a model in it's first full year and based on incentives being below average for FCA, they should be making nice money. I agree that they need to deliver the Chrysler CUVs sooner than later, but doing the Pacifica first made total sense.
     
    GasAxe, ScramFan, AlfaCuda and 3 others like this.
  3. Erik Latranyi

    Level III Supporter

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    I agree.

    The Pacifica is at least holding the sales volume where the Town & Country left off.....and the margins do appear to be better than Town & Country.
     
    somber, UN4GTBL and Ian like this.
  4. codypet

    codypet Well-Known Member

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    I thought T&C and Caravan were margins machines and that retailers were netting $50 on Pacifica Hybrids? If the current sales continue, I would imagine Pacifica will be a margins monster, but that'll be down the road.
     
  5. DAGAR

    DAGAR Active Member

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    They make good money if Grand Caravan given that the tooling and other investments are long since paid off, but the incentives needed to sell it continue to grow and trying to sell the T&C as a modern minivan versus the competition was getting challenging... Hybrids are agressively priced regular Pacificas should be doing well for FCA margin. As to how the dealers are making out I’d check in with @CDJSalesPro.
     
  6. codypet

    codypet Well-Known Member

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    I think it was @BobbiBigWheels that mentioned the $50 for the Pacifica Hyrbid. Let me know if that's incorrect. Don't want to keep spreading misinformation.
     
    BobbiBigWheels likes this.
  7. DAGAR

    DAGAR Active Member

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    Yes, that is correct for Canada for hybrid... there should be better room in non-hybrid
     
    UN4GTBL and BobbiBigWheels like this.
  8. mopar22

    mopar22 Well-Known Member

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    Stock last i checked managed to go above $21
     
    BobbiBigWheels likes this.
  9. UN4GTBL

    Level 2 Supporter

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    That's awful

    But I've seen a handful of them around here, so they are selling.

    Would be interesting to see a Pacifica Hybrid sales number at some point.
     

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