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Since its launch in the UK in January 2008,
the Fiat 500 (top) has now sold more than
26,000 units in Britain, while the new Alfa
MiTo (middle) has roared to more than 3,000
units since its launch in January this year.
Abarth (bottom) has contributed more than
850 sales of cars since its July 2008
introduction into the UK. |
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Fiat
Group Automobiles has turned in a very
successful August in the UK with its Fiat, Alfa
Romeo and Abarth brands combining together to
take a 5.14 percent slice of all car sales and
record its biggest market share since May 2001,
according to figures released by the Society of
Motor Manufacturers and Traders (SMMT).
The UK market
performed better than expected in August, turning a forecast
6.0 percent decline by the SMMT into a 6.0 percent increase
to 67,006 units. This largely reflects the positive impact
of the government's scrappage scheme, borne out by the
growth in private demand and for small, predominantly
petrol, cars. Despite the growth, the August market was
still over 10,500 units below the 2007 outturn and 15.0
percent off the 78,800 market averaged between 1999 and
2008.
With 3,026 units
sold during August, Fiat was up 85.76 percent year-on-year
to take a healthy 4.52 percent market share for the month.
Fiat was able to tap into UK customer's preferential choice
of cars last month as the mini and supermini segments once
again showed surging growth, up 252.8 percent and 16.9
percent respectively in August. Fiat was also the third
biggest year-on-year volume manufacturer winner last month
following up Hyundai (+322.76 percent) and Kia (+135.49
percent).
Alfa Romeo's
sales of 344 units was up 59.26 percent year-on-year and
gave it a 0.51 percent share of the UK market while Abarth's
59 sales resulted in a 0.09 per cent share but are not
comparable year-on-year as the Scorpion was only
establishing a foothold last August after its launch the
previous month and accounted for 12 units in August last
year. Fiat's U.S. partner Chrysler Group had a mixed month,
albeit on almost negligible sales, with Dodge the best
performer out of the Group's three brands up 54.41 percent
on the back of 105 units, while the Chrysler brand was up
5.60 percent after selling 132 cars. Jeep was down 36.96
percent with 58 registrations, a performance that saw it
beaten by Abarth on the UK market last month.
Registrations
over the first eight months of 2009 remain down 21.5 percent
at 315,014 units, and it means that over the past 12 months
volumes have fallen by 530,125 units. For the year-to-date
the Fiat brand has sales of 30,582 cars which is down 6,000
units and 17.04 percent on the same period last year (but
however slightly above the overall market's 21.54 percent
decline) and this gives it a 2.66 percent share of all
registrations so far this year, up slightly from 2.52
percent for the same period a year ago. Alfa Romeo has
notched up 5,157 registrations so far this year which puts
it up 20.83 percent year-on-year and means it joins Hyundai,
Kia and Suzuki (as well as Corvette and Cadillac on the back
of nominal sales) as the only brands in positive territory
for the year-to-date compared to 2008.
For the first
eight months of the year Alfa Romeo's market share has
jumped from 0.29 to 0.45 percent year-on-year. Abarth has
761 registrations for the year-to-date which gives it a 0.07
percent slice of the market. For the year-to date the
Chrysler Group has seen its sales more than halving, the
Chrysler brand has 1,406 registrations for the first eight
months of 2009 which puts it down 70.54 percent
year-on-year, Dodge has amassed 1,338 sales and is down
50.65 percent, while the Jeep division has 1,264 units and
is down 57.65 percent.
Since its launch
in the UK in January 2008, the popular Fiat 500 city car has
now sold more than 26,000 units in Britain, while the new
Alfa MiTo has roared to more than 3,000 units since its
launch in January this year. Abarth has contributed more
than 850 sales of cars since its July 2008 introduction into
the UK.
Further
indications of the Fiat Group Automobiles' success in August
are shown in private and fleet sales figures – Fiat’s are up
86 per cent and Alfa Romeo’s have risen by 59 per cent.
Private demand in the UK rose by 50.5 percent in August,
albeit on a weak 2008 performance. The increase is
significant, with volumes boosted by the scrappage scheme.
On private sales Fiat comfortably beat the market to record
a rise of 174 percent, to make it third best-selling
manufacturer for the month, with Alfa Romeo rising by 233
percent. For the year to date, the average private market
share is down by 12.3 percent while Fiat’s share has
increased by 5.4 percent and Alfa’s is up by 88 per cent.
“This is a
remarkable series of results for the Fiat Group which
highlights once again the growing popularity of Fiat, Alfa
Romeo and Abarth vehicles in this country,” says Andrew
Humberstone, managing director, Fiat Group Automobiles UK
Ltd. “This is part of the overall business strategy we
implemented two years ago and we are beginning to see the
fruits of this in terms of brand, market share and positive
residual value movements.”
August typically
accounts for just 3.3 percent of annual new car
registrations in the UK. September, with the plate change,
accounts for an average of 17 percent of the market. The
recent success of the scrappage scheme suggests volumes
should rise from last year’s very weak showing. As well as
the upturn in A- and B-segment categories last month the
sports and dual purpose segments also recorded strong
growth, up 25.8 percent and 10.1 percent respectively, in
the month. “New car registrations in August increased for
the second successive month, providing welcome news for the
UK motor industry. The scrappage incentive scheme is having
a positive impact but with consumer and business confidence
still fragile, there remain significant risks ahead. It is
essential that these early signs of recovery are sustained
into 2010,” said Paul Everitt, SMMT chief executive. The
Ford Focus was the best selling model in August, ahead of
the Fiesta and Hyundai i10. Ford’s Fiesta was the best
seller over the year-to-date.
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