27.04.2010 DIFFICULT MARCH SALES FOR FIAT'S KEY-SELLING PUNTO AND PANDA

FIAT PUNTO EVO MULTIJET
FIAT PANDA HYDROGEN

Fiat has seen a drop in March sales in Europe for the Punto (top) and Panda (bottom), largely due to significantly reduced sales in Germany; however they remained amongst the top-10 best-sellers in ninth and tenth slot, with 31,636 and 30,483 sales respectively.

Fiat has seen a drop in March sales in Europe for its key key models, the Punto and Panda, largely due to significantly reduced sales in Germany where the market has tumbled; however the two cars remained amongst the top-ten best-sellers in Europe for the month in ninth and tenth slot, with 31,636 and 30,483 sales respectively. They are also both up for sales for the year-to-date, according to leading provider of automotive data and intelligence, JATO Dynamics.

After a very strong March 2009 in Germany Fiat's sales on this important volume market came back down to earth last month as sales shrank, the Punto seeing sales tumble 88 percent and the Panda losing 80 percent. This contributed to a more difficult month for the two Fiat Automobiles' models, their overall European sales both down for March, the Punto (including Punto Classic, Grande Punto and Punto Evo) was down 15.5 percent year-on-year while the Panda shed 9.5 percent. The only other car amongst the European top-ten to lose ground year-on-year during March was the seventh-placed VW Polo which dropped 3.9 percent.

For the year-to-date the Punto has notched up 86,019 sales across Europe, up thirteen thousand units on the same period last year (73,165) and that adds up to a 17.6 percent rise in sales to make it the fifth best year-on-year model performer in the European top-ten for the opening three months of the year. The Panda has 74,730 sales for the first quarter, up slight on the 72,250 units it sold during the same three months last year, a year-on-year rise of 3.4 percent.

Meanwhile the Ford Fiesta has become Europe’s best-selling car, beating the Volkswagen Golf into second place in both March and year-to-date sales, In total, 68,630 Fiestas were sold in March 2010, a 25.8 percent rise in sales compared to March 2009 and 11,785 more than Volkswagen’s second-placed Golf. Year-to-date, Fiesta is also ahead, selling 140,496 to Golf’s 135,048, reversing the picture from Q1 2009, but continuing a pattern where Fiesta has closed the sales gap to Golf through 2010.

Fiesta’s achievement is more impressive considering Golf sales also increased during last month and the year’s first quarter.  Fiesta sales simply outpaced Golf, with its move to pole position particularly due to its strong March sales in the UK (+14.7 percent) and Italy (+87 percent), where 57 percent of all Fiestas sold (11,251) were LPG-powered. By contrast, Golf’s traditionally strong home market, Germany, continued to struggle, losing 106,590 sales overall compared to March 2009 (- 26.6 percent). 

“What may appear to be a sudden change in fortunes is actually a continuing trend,” explained David Di Girolamo, Head of JATO Consult.  “Fiesta has been closing the gap to Golf through 2010 and there are a number of factors behind this. The buoyant sales markets so far this year are those where Fiesta is popular and are also scrappage-influenced markets, driving purchase of small cars. In the UK, March marked a registration change and the final month of Britain’s scrappage scheme, while in Italy, March was the last month of 2010 in which scrappage sales could be registered. The last time Fiesta was ahead of Golf in European sales was March 2009, so it remains to be seen whether it can hold top position this time round.”
 

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