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The Fiat 500
(top) continues to underpin the brand's
excellence sales performance across Europe
this year while Lancia's solid performance
is boosted by the arrival of the new 1.8 DI
TurboJet version of the Delta (bottom) into
the Italian showrooms this week. |
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Fiat
was the best performer of all the big carmaking
groups in Europe during April to increase its
share of the market to 9.7 percent and
consolidate its fourth place overall; and with
registrations up 4.7 pct it was the only one to
post a positive year-on-year performance. With
all the Fiat Group Automobiles brands turning in
highly satisfying performances last month, the
statistics highlight Fiat’s strategy to
concentrate on building smaller, efficient cars
as being the right path to take – and it is a
route that is now reaping dividends as buyers in
the new car markets across Europe change their
priorities.
New passenger
car registrations declined for the twelfth consecutive month
in Europe, totalling 1,251,862 units in April, or 12.3
percent less than in the same month a year ago. Four months
into 2009, the market decrease amounts to 15.9
percent. April counted on average one working day less
across the region.
New
registrations in Western Europe fell by 11.6 percent in
April. Austria (+ 12.8 percent) and Germany (+ 19.4
percent) were the only countries to post growth, reflecting
the effect of fleet renewal incentives. Neighbouring
countries with such schemes in place, such as France (- 7.1
percent), Italy (- 7.5 percent) and Luxembourg (- 8.5
percent) recorded a single-digit decrease, while other
markets declined more severely. British and Spanish
registrations fell by 24.0 percent and 45.6 percent
respectively.
Four months into
the year, new car registrations in Western Europe dropped by
15.1 percent. Germany stood out as the only expanding
market (+ 18.4 percent).Elsewhere, the downturn ranged from
4.8 percent (France) to 90.8 percent (Iceland). Looking at
the major markets, Italy contracted by 16.3 percent, the UK
by 28.5 percent and Spain by 43.7 percent. The new EU Member
States saw their results drop by 21.4 percent in April, with
83,430 new cars registered. Poland (+ 2.4 percent), the
Czech Republic (+ 19.0 percent) and Slovakia (+ 43.5
percent) posted growth while Hungary (- 51.5 percent) and
Romania (- 51.8 percent) recorded a sharp
downturn. Cumulative figures from January to April show the
same trend of a general 26.3 percent contraction in the
region. The same three markets expanded, with Slovakia at +
0.3 percent, Poland at + 1.6 percent and the Czech Republic
at + 1.8 percent. All other markets performed less well than
last year, including large ones such as Slovenia (- 26.5
percent), Hungary (- 35.4 percent) and Romania (- 58.6
percent).
With 121,671
registrations across Europe last month Fiat Group
outperformed all its big rivals comfortably and it was the
only one to record any positive growth. In fact, of any
carmaker of any size in Europe last month, apart from Fiat,
only small player Hyundai was in positive territory). Fiat
has overtaken two of its key rivals this year – its
potential merger partner GM Europe, and Renault – and it
continued to place daylight between itself and these two
groups, putting an extra 4,000 units on GM Europe and 11,000
on Renault last month. GM Europe’s Vauxhall/Opel unit was
down 12.7 percent year-on-year while its niche brand Saab,
which Fiat CEO Sergio Marchionne reputedly also wants to
include in his plans for a new giant carmaker, saw its sales
continue to collapse: it lost 60.2 percent year-on-year in
April after selling a paltry 2,484 cars. Only three
carmakers are above Fiat in Europe in terms of sales and all
three were in negative territory last month: the giant
VW/Audi Group (284,607 units; - 4.2 percent), PSA
Peugeot-Citroën (156,724; - 14.7 percent) and Ford Europe
(125,033; - 6.3 percent) were all squeezed in a market that
was down 12.3 percent. Below Fiat, GM Europe (117,921; -
13.3 percent) and Renault (110,148; - 14.0 percent), the
bloodbath continued with the German prestige brands Daimler
Group (60,214; - 26.3 percent) in seventh place and BMW
Group (55,633; - 31.2 percent) in ninth place both finding
that customers are continuing to shun their offerings.
Sandwiched between them, Toyota (57,774; - 22.4 percent)
also took a big hit. Further down other big losers include
Mazda (- 26.1 percent) and Nissan (- 21.8 percent) while the
Tata Group’s recent purchase of Jaguar Land Rover continues
to prove a disastrous decision, with the English carmaker
carrying on its rapid decent into obscurity, losing 37.5
percent after selling just 7,094 units in April.
With 121,671
registrations last month compared to 116,671 in 2008, the
Fiat Group was up 4.7 percent year-on-year to raise its
overall European market share from 8.1 to 9.7 percent.
Splitting the Fiat Group Automobiles (FGA) brands up, Fiat
(including Abarth) saw 99,918 registrations in April, up 5.4
percent, while Lancia, with 10,889 units, was virtually
unchanged, down 0.6 percent, cushioned from the market’s
sharp drop by the new Delta which is steadily increasing its
presence across Europe. With Lancia’s very future threatened
by the formation of a new Fiat-Opel grouping it is
interesting to note the Turinese brand’s continued
resilience, that it outsold GM’s Saab brand in April by a
margin of 4:1 and that it was less than 100 units shy of the
sales total for the month of BMW’s much-vaunted Mini brand.
Lancia also outsold sister brand Alfa Romeo which saw 10,192
sales of its sporty cars, an excellent performance led by
growing demand for the new MiTo, putting it up a
market-busting 5.0 percent. These figures for April equate
to a year-on-year market share leap from 6.6 to 8.0 percent
for the Fiat brand, while Lancia is up from 0.8 to 0.9
percent, and Alfa Romeo climbs from 0.7 to 0.8 percent.
After the first
four months of the year Fiat Group is the best performer of
the big carmaking groups in Europe year-on-year, down 5.2
percent with 430,014 registrations (453,641 in Jan-Apr 2008)
comparing well to the overall market’s 15.9 percent fall.
This raises its share of all European sales from 8.1 to 9.2
percent. Above Fiat for the first four months of the year,
VW/Audi Group is down 8.1 percent, PSA Peugeot-Citroën has
lost a thumping 18.0 percent, while Ford Europe sees its
sales dropping by 11.4 percent. Immediately below Fiat, GM
Europe (424,983; - 22.3 percent) and Renault (389,969; -
19.7 percent) have both been overhauled by the Italian
carmaker this year, and which continued to increase the gap
during April. Renault’s drop in fortunes would have been
even more dire if it wasn’t for its captive low-cost Dacia
brand which was up 60.4 percent year-on-year in April and is
up 6.0 percent for the first four months of the year. Below
them there is a double-digit fall for Toyota (246,525; -
19.7 percent) while the hammering of the German prestige
brands continues with both Daimler-Benz (222,595; - 24.9
percent) and BMW (214,673; - 27.7 percent) having lost a
quarter of their sales compared to the opening four months
of last year.
Splitting the
FGA brands up, the Fiat brand has 352,234 registrations so
far this year and is down 6.2 percent year-on-year, Lancia
(38,617) is down 11.2 percent, and Alfa Romeo (36,761) is up
15.6 percent. This raises Fiat’s market share from 6.7 to
7.5 percent, Lancia is unchanged on 0.8 percent, while Alfa
Romeo climbs from 0.6 to 0.8 percent.
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