With 87,635 registrations in February Fiat
Group consolidated its position as the
fourth best selling car making group in
Europe, and last month putting more daylight
between itself and GM and Renault both of
which it has leapfrogged this year. Fiat
Group's overall market share climbed to 9.1
pct, an 0.2 pct year-on-year rise. The data
was released on Friday by automotive
manufacturer trade body ACEA.
In February, 968,159 new passenger cars were
registered in Europe (EU27+ETFA), 18.3 pct less compared
to the same month of 2008. The downturn was
more marked in the new EU Member States
(-30.3 pct) than in Western Europe (-17.3
pct),
where the German market pushed aggregate
registrations upward. There was on average
one working day less across Europe in
February.
Two months into the year, the
European market was down 22.6 pct compared to
January-February last year.
In Western Europe, a total of 902,037
new passenger cars was registered
in February (-17.3 pct). Germany stood
out with a 21.5 pct growth, carried by strong
demand in certain market segments following
the recent motor vehicle tax reform and
scrapping bonus introduced by the German
government. Except for Luxembourg (+0.3 pct),
all other countries faced a downturn,
varying from -83.6 pct in Iceland to -13.2
pct in
France. The downturn of the French market
was cushioned by fleet renewal incentives as
well. Major markets such as the UK (-21.9
pct),
Italy (-24.4 pct) and Spain (-48.8 pct ) again
recorded an important decrease.
From January to February, new
passenger car registrations in Western
Europe dropped by 22.0 pct. Only Germany posted
growth during that period (+4.0 pct) .The French market
declined by 10.6 pct, followed by the British (-28.2 pct),
Italian (-28.5 pct) and Spanish (-45.5 pct)
markets.
In the new EU Member States, passenger
car registrations fell by 30.3 pct in February,
with mixed individual country results.
Poland registered the most cars (30,194) and
improved last year’s performance by 7.3 pct.
Other major markets were down with 7.7 pct
(Czech Republic), 46.4 pct (Hungary) and 66.5
pct
(Romania). Looking at the
cumulative figures from January to February,
Poland ranked first in absolute numbers with
56,841 new cars registered (+0.7 pct), followed
by Romania (-58.8 pct), the Czech Republic (-10.0
pct) and Hungary (-31.4 pct). The overall
decrease in the new EU Member States was
-22.9 pct two months into the year.
Fiat Group lost ground across Europe last
month, particularly due to a poor month for
sales in Italy; however it outperformed the
overall market as well as all its major
rivals except VW Group and Ford Europe. With
87,635 registrations last month Fiat Group
was 16.5 pct down year-on-year (104,891
units in February 2008), but it raised its
overall share of the market from 8.9 to 9.1
pct year-on-year. Splitting the brands up,
Fiat (including the Fiat Professional and
Abarth divisions) saw 71,097 registrations
last month, down 18.6 pct; Lancia added
8,720 units, down 20.1 pct; while Alfa Romeo
found 7,509 customers in February and was up
23.3 pct. This meant that the Fiat brand's
European market share contracted from 7.4 to
7.3 pct year-on-year, Lancia was unchanged
on 0.9 pct, and Alfa Romeo climbed from 0.5
to 0.8 pct.
After the first two months of the year Fiat
Group has consolidated its position as the
fourth best selling car making group in
Europe. It has 171,239 registrations for
January and February combined, which is 21.2
pct down on the 217,355 units it shifted
during the same two months last year. This
means however that its has put more ground
on the two key rivals it has overtaken this
year: GM has 166,722 registrations after the
first two months of the year and Renault has
156,425; both of these car makers lost
further ground to Fiat during the February
sales period. For the year-to-date the Fiat
Group's market share has climbed from 8.7 to
8.9 pct year-on-year. The Fiat brand
accounts for 138,260 registrations after two
months, putting it down 23.2 pct, Lancia has
16,609 registrations, and is down 24.2 pct
while Alfa Romeo's 15,507 units puts it up a
healthy 9.0 pct year-on-year. This all means
that after the first two months of 2009, the
Fiat brand's overall European market share
is unchanged at 7.2 pct, as is Lancia (0.9
pct), while Alfa Romeo is up from 0.6 to 0.8
pct year-on-year.
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