With demand for
the new Fiat Grande Punto now driving them swiftly forward,
Fiat Auto outperformed a shrinking European-wide new car
market last month, to register an overall 2.1 percent
year-on-year rise.
In fact, during November - according to
automotive manufacturer body ACEA - Italy was the only major
European car market to see a rise in new registrations, as
it climbed up by 3.1 pct, with 177,489 new vehicles hitting
the roads. Across Europe as a whole (counting the fifteen
European Union member nations as well as the eight EFTA
countries), sales contracted by 2.8 pct year-on-year, with
France down by 2.1 pct, Germany (-3.4 pct), Spain (-4.0 pct)
and the UK (-7.9 pct).
Big brand losers included the VW Group, which saw sales fall
by 2.8 pct, Peugeot-Citroen (PSA) Group, down by 1.6 pct,
Ford, who dropped 7.0 pct, and Renault, who lost a massive
15.8 pct.
Against this very difficult market backdrop Fiat Auto
performed extremely well, comfortably riding out the market
fall, while helping in part to drive Italy forward, was the
successful new Grande Punto 'compact' model.
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Against
a difficult market backdrop Fiat Auto performed
extremely well across Europe last month, riding out
the market fall, and helping in part to drive Italy
forward was the successful new Grande Punto (seen
here during the 30th Bologna Motor Show earlier this
month) |
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With demand for the new Fiat Grande Punto now
driving them swiftly forward, Fiat Auto outperformed
a shrinking European-wide new car market last month,
to register an overall 2.1 percent year-on-year rise |
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Fiat Auto (counting the Alfa Romeo, Fiat, Lancia and
Maserati brands all together) saw 79,411 new vehicles
registered across Europe last month (up from 77,210 in
November 2004) which equated to an overall 2.9 pct rise in
sales. This allowed them to increase their total market
share from 6.8 pct in Nov 2004, up to a pleasing 7.1 pct.
Fiat-branded vehicles were the best performers in the Fiat
Auto portfolio last month, 60,137 new registrations (as
opposed to 55,143 in Nov 2004) allowing them to record a
significant 9.1 pct rise in sales. This performance was
driven mainly by the well-received new Grande Punto model -
which has already built up a bulging order book - while the
LCV division's products continue to be in demand, and the
Croma adds its weight as it rides out its targets. Fiat
increased its European market share from 4.8 pct in Nov 2004
to 5.4 pct last month.
The specialist brands - Alfa Romeo and Lancia - had a more
difficult month. Despite the arrival in the showrooms of the
Alfa 159, Alfa Romeo only sold 9,710 new cars (down from
12,069 in Nov 2004) and saw their market share slip slightly
to 0.9 pct (from 1.1 pct in Nov 2004). Lancia meanwhile, saw
9,306 new cars being registered last month (as opposed to
9,696 in Nov 2004), a mild fall of 4.0 pct which left their
Europe-wide market share unchanged at 0.8 pct.
Overall, for the first 11 months of the year (Jan-Nov) Fiat
Auto have sold 884,344 new vehicles across Europe, down 10.9
pct on Jan-Nov 2004 when 992,270 were registered. This
breaks down to 735,216 vehicles from Fiat, while Alfa Romeo
and Lancia have sold 119,623 and 111,386 respectively. Alfa
Romeo have seen their market share drop by 17.6 pct on
Jan-Nov 2004, although Lancia continue to hold onto their
pleasing year-on-year rise, up by 3.6 pct.
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