European sales data for July and
August have just been released
and Fiat Group has become the
first of the big carmakers to
haul itself into positive
territory year-on-year for the
year-to-date and with 850,958
units in the first eight months
of the year that puts it up
almost 10,000 units and 1.1
percent up on the same period
last year. The data has been
released this morning by
European automotive manufacturer
body ACEA which always announces
July and August figures together
in mid-September.
The overall
European market posted growth
over summer with 2.8 percent and
3.0 percent more cars registered
in July and August respectively,
derived from starkly varying
results in individual countries.
The increase, commenced in June
after fourteen months of
downturn, is mainly reflecting
the impact of incentive schemes
in a number of markets across
the EU. Eight months into the
year, registrations are still
8.2 percent lower than in the
same period last year, amounting
to 9,565,517 units.
In July, new passenger
car registrations rose to 2.8
percent, totalling 1,295,711 vehicles in
Europe. Western Europe
registered a 5.1 percent
increase which counter-balanced the 25.0 percent
downturn observed in the new EU
Member States. Austria (+44.1
percent)
recorded the biggest upturn
while the sharpest drops were to
be found in Latvia (-86.6
percent) and
Ireland (-77.1 percent). Except for
Spain (-10.9 percent), the largest
markets all posted growth, from
+2.4 percent in the UK, which recorded
its first positive result since
April 2007, to +3.0 percent in France,
+6.6 percent in Italy and +29.5
percent in
Germany. In the new EU Member
States, only Slovakia (+38.8
percent),
the Czech Republic (+9.3 percent) and
Poland (+5.1 percent) saw their markets
expand while Hungary (-74.0
percent)
and Romania (-50.7 percent) saw theirs
contract significantly.
Fiat Group saw 116,946
registrations across Europe during July which
was up
10.9 percent year-on-year (and was four times the
overall market rise) to gave it a market share
of 9.0 percent, up from 8.4 percent in the same
month last year. The Fiat brand (including
the Abarth performance division) accounted for 92,917 units which put it
up 11 percent year-on-year and raised its market
share from 6.6 to 7.2 percent year-on-year.
Lancia was the biggest year-on-year winner, it
was up a massive 20.5 percent to 12,543
units and that raised its market share from 0.8
to a full one percent age point of the market. Alfa Romeo
with 10,854 units was up 2.2 percent and
remained on an 0.8 percent share of the market.
The Group's specialist luxury/performance units,
Ferrari and Maserati, saw a combined 650 sales
in July which was down by 7.7 percent on July last year.
In August, markets
performed similarly although slightly improving in Western
Europe (+7.8 percent) and decreasing a
little more in the new EU Member
States (-35.2 percent), resulting in an
overall 3.0 percent growth in the whole
region. Driven by fleet renewal
incentives, Germany recorded a
28.4 percent plus, while the UK
(+6.0 percent), France (+7.0
percent) and
Italy (+8.5 percent) also performed
better than a year ago. After
fifteen months of downturn,
Spain saw its market
stabilize (0.0 percent) in August. In
the new EU Member States,
Slovakia (+26.2 percent), the Czech
Republic (+16.3 percent) and Poland
(+3.1 percent) were still on an upward
trend, while Hungary (-68.4
percent)
and Romania (-71.9 percent) faced
substantial
losses.
The success
continued into August for Fiat Group and after selling
61,067 vehicles it was up 9.0 percent year-on-year, and
outperforming the overall market rise three times over. It
raised the Group's share of all August sales from 7.0 to 7.4
percent year-on-year. The Fiat brand took the biggest slice
with 49,376 units which is up 9.1 percent on the same month
last year and took its share of August sales 5.6 to 6.0
percent year-on-year. Alfa Romeo's 5,761 units was up 4.2
percent year-on-year and its share of the market remained
unchanged on 0.7 percent while Lancia was again the star
performer, its 5,685 units left it less than one hundred
units shy of sister Alfa Romeo brand and equated to a
year-on-year jump of 15.7 percent.
Eight months
into the year, new registrations are down 6.6 percent
in Western Europe and 26.8
percent in
the new EU Member States,
resulting in an overall 8.1
percent
downturn. Germany (+26.8 percent),
Austria (+5.5 percent), France (+1.1
percent),
Slovakia (+22.3 percent), the Czech
Republic (+9.0 percent) and Poland
(+1.0 percent) have posted growth. Despite
better results over the last
months, Italy (-7.4 percent), the UK
(-21.5 percent) and Spain (-32.0
percent) record negative figures on a
year-to-date
basis, as did the vast majority
of countries. In the new EU
Member States, Hungary (-49.7
percent)
and Romania (- 59.5 percent)
have seen their
markets contract sharply
August saw Fiat
Group haul itself into positive territory year-on-year for
the year-to-date with 850,958 units that puts it up almost
10,000 units and 1.1 percent up on the same period last year
while its share of all sales is up from 8.1 to 8.9 percent.
It means that Fiat is the only one of the big carmaking
groups selling in Europe to see its registrations up on last year,
while the total
market is down 8.1 percent and VW Group, still down 2.0
percent is the closest to Fiat while rivals GM, Daimler, Toyota and
BMW are all still rooted in double figure year-on-year
sales shrinkages. In fact of every carmaker selling in
Europe, the only other one to
be in positive territory is Hyundai, and the South Korean
firm comes from a small sales base.
The Fiat brand
has 690,120 sales for the year-to-date which puts it up 0.5
percent on the opening eight months of last year and raises
its share of the market from 6.6 to 7.2 percent year-on-year. Lancia's
80,297 units puts it up 0.1 percent year-on-year and keeps
its share unchanged on 0.8 percent while 75,912 units
year-to-date for Alfa Romeo is up 8.7 percent year-on-year
and raises its share of the market from 0.7 to 0.8 percent.
|