Stellantis sales drop 9 in first quarter

U.S. sales of the maker of Chrysler, Dodge, Jeep and Ram vehicles dropped 9% in the first quarter year-over-year, as negative market conditions hit deliveries. Stellantis NV sold 368,327 vehicles in the first three months of the year compared to 405,221 a year ago. Only Chrysler and Dodge, the two brands promoting the final model year of gas-powered vehicles in their lineup, saw increases, while demand fell for Jeep SUVs, Ram pickup trucks and other vehicles as rising interest rates, inflation and fears of recession make some consumers cautious. More: GM sales up 17.6% in Q1 as EVs hit new…