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While attention has recently been focused on
the new 500, the Fiat Grande Punto continues
to play a leading role in Fiat's revival and
is B-segment's best seller across Europe for
the first three quarters. |
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While public
and media attention has in recent months been focused on
the new 500, which earlier this week won the prestigious
Car of the Year 2008 award, the Grande Punto
continues to play a leading role in driving forward
Fiat's revival and it was the best selling B-segment car
in Europe for the first three quarters of the year. The
data comes from JATO Dynamics.
With
255,7227 unit sales for the first three quarters of the
year (to 30th September) the Grande Punto went into the
final quarter more than 10,000 unit sales clear of its
B-segment nearest rival, the Renault Clio (244,494).
Tightly packed behind these two models for the first
three quarters comes the rest of the big segment
players: the Ford Fiesta (242,154), Vauxhall/Opel Corsa
(241,209) and Peugeot 207 (236,902). Further back is the
VW Polo (165,644), Toyota Yaris (136,773) and the
Citroën C3 (132,205).
The Grande Punto is down 4.4 pct
year-on-year for the first three quarters, last year it
had amassed 268,145 unit sales by the same point. Now two
years old, the slight drop is well within expectations
especially when up against newer rivals such as the
Vauxhall/Opel Corsa in a
fashion-conscious segment. By contrast the Renault Clio,
launched at a similar point to the Grande Punto has lost
11.3 percent year-on-year. During the most recent
financial quarter (July to September), the Fiesta was
Europe's biggest selling car in B-segment with 72,333
units shifted. It was closely followed by the Corsa
(70,517), 207 (69,133), Clio (68,372), Grande Punto
(63,727) and Polo (53,392).
The
B-segment has the largest share of the European market
by a considerable margin, with 27.0 percent market share
in the first nine months of 2007 - say JATO Dynamics.
Its total volume for the YTD is 0.5 percent less than a
year ago, which represents a smaller fall than the total
market has experienced over the same period. However,
recent months have seen a decline in the segment’s
volumes, with third quarter volumes 3.0 percent lower
than the same period in 2006. The slight decline of the
B-segment can be mainly be attributed to the increase in
A-segment sales - add JATO - caused by the
introduction of some key new models that include the
Renault Twingo (Q3 sales up 158% on the old model’s
performance a year earlier), the Fiat 500 and the Smart
fortwo (up 94.6% in Q3).
“It’s interesting to note that the B-segment decline is
at its smallest in the UK, where some of the key new
A-segment cars such as the Fiat 500 are yet to launch,”
says Nasir Shah, Global Business Development Director at
JATO. Apart from the good market performance of some of
the new models, many established A-segment models are
suffering in the markets, with the exception of Italy,
where government-sponsored scrapping incentives have
benefited many models. The Fiat Panda remains the top
selling car in the A-segment.
information courtesy of JATO Dynamics
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