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Random freezes, missing sound and display glitches usually trace back to one bad driver. Find and replace yours safely.Free scan · under a minuteRam is showing real U.S. sales momentum, but the evidence does not support saying Jeep as a whole is floundering. Stellantis reported Ram retail sales up 17% for calendar 2025 and U.S. Ram sales up about 11% year over year in Q2 2026. Jeep, meanwhile, recorded U.S. total-sales growth in 2025, and Grand Wagoneer retail sales rose in Q2 2026. The larger question is whether Stellantis can turn those signals—and its product-and-investment reset—into sustained, profitable growth.
What Stellantis is betting on
In February 2026, Stellantis described a U.S. reset intended to better align its products with customer preferences and restore profitable growth. The company announced $13 billion of U.S. investment over four years, five new vehicles and 19 other product actions, alongside a broader choice of powertrains. These are company plans, not proof that the spending or launches will deliver the intended results. Stellantis’s February 2026 announcement
More choice, including familiar nameplates
Among the named moves were the return of the 5.7-liter HEMI V-8 to the Ram 1500, the return of the Jeep Cherokee, and a next-generation Compass. Stellantis framed the shift as a response to customer preferences. CEO Antonio Filosa said the reset charges “largely reflect the cost of over-estimating the pace of the energy transition that distanced us from many car buyers’ real-world needs, means and desires.” That is management’s explanation, not an independently established account of why the company’s earlier strategy fell short.
Why the Ram 1500 BEV was canceled
Stellantis said it canceled the planned Ram 1500 BEV because, in its assessment of customer demand and regulatory conditions, the vehicle would not reach profitable scale. That rationale belongs to the company; it does not establish whether demand for electric pickups more broadly will be strong or weak.
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What the sales figures say about Ram and Jeep
The reported figures point to Ram momentum, but they cover different periods and measures. They should not be treated as a perfectly matched comparison between the two brands.
| Measure | Reported result | What it covers |
|---|---|---|
| Ram retail sales, 2025 | Up 17% year over year | FCA US’s calendar-year U.S. retail-sales report. January 2026 annual sales release |
| Ram sales, Q2 2026 | Up approximately 11% year over year | Stellantis-reported U.S. Ram brand sales. The same release reported Ram 1500 retail sales up 9%. Q2 2026 results |
| Jeep total sales, 2025 | Year-over-year growth | FCA US’s calendar-year U.S. total-sales report; the cited release does not give a growth percentage in the available evidence. January 2026 annual sales release |
| Jeep Grand Wagoneer retail sales, Q2 2026 | Up 43% year over year | A single Jeep nameplate, not the entire brand. Q2 2026 results |
Is Ram really driving the comeback?
Ram is a prominent part of the recovery story: its reported 2025 retail increase and Q2 2026 U.S. sales growth give Stellantis a clear positive signal. But those numbers alone do not show how much Ram contributes to company-wide profit, whether sales are being supported by heavier incentives, or whether the gains will persist.
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Is Jeep still struggling?
The available figures do not justify applying “floundering” to Jeep as a whole. FCA US reported Jeep U.S. total-sales growth for 2025 and its best December retail sales in three years; Stellantis later reported a strong Q2 increase for Grand Wagoneer retail sales. The December result is a month-specific retail measure, while the 2025 growth figure covers total sales. Neither, by itself, establishes broad or sustained strength across Jeep’s lineup.
The recovery is broader than either brand
Stellantis reported North American sales up 6% year over year in Q2 2026, including a 6% increase in U.S. sales, and said the region had posted its fourth consecutive quarter of year-over-year growth. It also reported North American market share of 7.4% for the quarter, up 40 basis points year over year. These are regional and company-reported measures, not a direct verdict on Ram’s or Jeep’s individual health. Stellantis Q2 2026 results
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For calendar 2025, FCA US reported total U.S. sales down 3% even as Ram retail sales rose and Jeep total sales grew. That contrast is a reminder that a positive result from one brand or nameplate does not necessarily mean the whole company has recovered. FCA US annual sales release
Targets are not results, and the reset has a real cost
The growth plan
Axios reported in May 2026 that Stellantis was targeting 35% growth in North American sales, from 1.4 million to 1.9 million units, and planning 11 new U.S. products plus 12 model refreshes by 2030. Those are targets and planned launches, not achieved sales or completed product actions. Axios also described a €60 billion global plan, translated in its account as $70 billion, and projected investment allocation across brands; those reported plan details should not be confused with audited spending already made. Axios’s account of the May 2026 strategy announcement
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Charges and dividend decision
Stellantis reported approximately €22.2 billion in H2 2025 charges excluded from adjusted operating income, including about €6.5 billion in cash payments it expected over four years. The company also said it would not pay a 2026 dividend, citing its 2025 net loss. The announced investment therefore sits alongside substantial reset costs and financial pressure. Stellantis’s February 2026 announcement
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.How to tell whether the comeback is working
A fair assessment needs matched comparisons rather than a headline growth rate from one brand set against a different measure from another. Watch for:
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- Like-for-like U.S. sales and market share: compare Ram and Jeep over the same periods, using the same sales definitions.
- Transaction prices and incentives: rising unit sales are more valuable if they do not depend on discounts that erode returns.
- Inventory: monitor whether stock levels are consistent with demand rather than accumulating faster than vehicles sell.
- Margins and cash flow: sales growth must translate into healthier operating performance and funding capacity.
- Launch timing and quality: planned vehicles matter only if they arrive as intended and meet customer expectations.
The cited results do not establish Q3 2026 U.S. brand sales, nor do they provide a complete, matched Q2 2026 comparison of Ram and Jeep brand-wide performance. Any stronger conclusion would need those comparable figures.
New leaders, but no proven performance effect
Stellantis named Matt VanDyke CEO of Ram effective July 20, 2026, and Branden Coté CEO of Jeep effective August 3, 2026; both were to report to Tim Kuniskis. The appointments signal leadership changes, but the available evidence does not show that either change has yet improved sales or other results. Stellantis leadership announcement
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