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The Fiat 500 has broken into the Top 10 best
sellers list in the UK for the first time
since its launch in January last year. The
Fiat 500 sold 2,989 units last month – well
up on the 993 sold in October last year.
That makes it the 10th best-seller in the UK
last month. |
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The
Fiat 500 has broken into the Top 10 best sellers
list in the UK for the first time since its
launch in January last year. The Fiat 500 sold
2,989 units last month – well up on the 993 sold
in October last year – according to official
figures, just supplied by the Society of
Motor Manufacturers and Traders (SMMT). That
makes it the 10th best-seller in the UK last
month.
Fiat’s 6,570
sales result for October was 117.50 percent up on the 3,020
unit figure for the same period last year, in a market that
was sharply up by 31.62 percent (128,362 units) – a result
which follows a particularly strong September performance,
in which Fiat sales were up 19.3 percent in a market that
was up by just 11.4 percent. October was the strongest month
yet this year for the overall UK market. The growth, from a
weak base in 2008, reflects the positive impact on
registrations from the Scrappage Incentive Scheme. The
market had been expected to grow, on a 23 percent fall last
October, but recovery was better than expected. Volumes were
3.9 percent ahead of the 1999-2008 average for the month of
162,658 units.
It all meant
that Fiat's share of October sales climbed by more than
one-and-a-half percentage points year-on-year: 2.35 to 3.89
percent. Meanwhile with 693 sales Alfa Romeo was up 92.50
percent year-on-year last month and its share of the market
for the month climbed from 0.28 to 0.41 percent. Abarth,
Fiat's sporty niche derivative brand, sold 158 cars last
month in the UK but its year-on-year data isn't reliable yet
due to the dealer roll-out that has gone on since its launch
last summer. Fiat's new North American alliance partner,
Chrysler Group, had a very mixed month, the Chrysler brand
was up an impressive 80.15 percent in October (245 units)
while Jeep made up 35.48 percent (168 units), Dodge however
let the side down and it lost 35.61 percent (170 units). The
Chrysler and Dodge brands will soon be removed from the UK
market leaving just Jeep to represent the Chrysler Group.
After the first
ten months of the year the UK market has seen 1,922,771 cars
sold, leaving it down 12.32 percent year-on-year. Fiat has
48,864 sales so far this year which outperforms the overall
market but leaves it very slightly in negative territory,
down 1.68 percent year-on-year, Fiat’s year-to-date market
share however has risen from 2.58 percent to 2.90 percent.
Alfa Romeo however is one of the markets biggest winners for
the year-to-date, its 7,828 units to the end of last month
leaves it up a healthy 43.84 percent on the same period last
year. Abarth meanwhile has sold 1,131 of its two model range
for the year-to-date. Chrysler Group has had a tough year,
after the first ten months the Chrysler brand (5,373 units)
is down 56.63 percent, Dodge (3,575 units) has lost 36.16
percent and Jeep (3,769 units) has shed 47.12 percent.
“This is an
incredible result for the Fiat 500 which we are, of course,
delighted with,” says Andrew Humberstone, managing director,
Fiat Group Automobiles UK Ltd. “Interest in this car has
been sky high ever since we launched it here less than two
years ago. The popularity of this superb vehicle speaks for
itself and, with the launch this summer of the fantastic
500C, and the option of Start&Stop bringing further
environmental benefits to the range, we’re sure we will see
the Fiat 500 making even greater inroads into the UK small
car market.” Available with a choice of three frugal,
ultra-low emissions, Euro 5-ready engines: 69 bhp 1.2-litre
and 100bhp 1.4-litre petrol, or 75 bhp 1.3-litre MultiJet
turbodiesel, the new Fiat 500 can be ordered in three
different trim levels – Pop, Sport and Lounge. With a
starting price of £8,700 on-the-road, the Fiat 500
represents outstanding value for money and positions the car
below benchmark rivals. Top-of-the-range Lounge versions
start at £10,100 – a price that includes alloy wheels and
air conditioning as standard.
Overall market
demand over the first ten months of the year in the UK
though is still 12.3 percent or 236,790 units down on last
year. Registrations are expected to continue to grow in the
final two months of the year, ending 2009 at 1.928 million
units, some 200,000 units shy of 2008's total. Private
registrations are almost doubled on the 2008 outturn and
year-to-date volumes are now 3.3 percent above last year’s
level. Year-to-date fleet and business demand remains
subdued.
Ford’s Fiesta
was the best selling model in the month, for the eighth time
in 2009. Seven of the top ten best sellers in October were
in the mini or supermini segment, including the Fiat 500 in
tenth place. Registrations of small cars have been boosted
by the scrappage scheme and impact of new models. The mini
segment rose by 200 percent in October and the supermini
segment was up 47.9 percent. Several other segments also
posted growth in the month. Alternatively fuelled vehicle
registrations rose strongly for a second successive month
(+42.9 percent), helped by new and revised models. Diesel
penetration fell again, as the small cars the scrappage
scheme tends to favour are predominantly petrol-engined. The
Fiat 500 had another boost in the UK when it was recently
voted Best Supermini by the readers of What Car?
magazine.
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