Fiat Chrysler Reports 2 Percent Drop in Annual US Auto Sales

A Fiat Chrysler Automobiles (FCA) sign is at the U.S. headquarters in Auburn Hills, Mich., on May 25, 2018. Rebecca Cook/Reuters

FCA U.S. LLC reported a drop in U.S. auto sales on Tuesday, as the carmaker grappled with chip shortage issue that forced it to halt production across Europe and the United States.

The fourth largest automaker in the world said annual U.S. sales fell by over 2 percent to 1,777,394 vehicles from 1,820,636 a year earlier.