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Fiat's performance was headlined by the 500
which was the ninth best-selling car in the
UK for the month, its highest ever sales
position, with 2,764 units registered. |
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As the UK new car market surged
38.87 percent year-on-year
during December Fiat (+78.52 percent) and Alfa Romeo
(+133.07 percent) were two of the biggest winners while
the Fiat 500 wound up as the ninth biggest-selling car
for the month.
The UK market in
fact turned it the third best December on record and highest
since 2005. The performance was above forecasts by trade
body SMMT, as buyers acted before VAT rises kick in
next month. The strong year-end lifted registrations to
1,994,999 units for the whole of 2009, some 67,000 units
above the forecast in October and 337,000 units above the
April forecast (pre scrappage scheme announcement). However,
2009 was still the first sub two million market in the UK
since 1995 and it was down 6.4 percent year-on-year.
With its range of smaller
efficient cars, comprising the Panda, 500 and Grande Punto,
Fiat Group Automobiles UK was able to take full advantage of
the government-sponsored scrappage scheme which accounted
for a provisional 20.8 percent of December's volumes, with
over 280,000 units having gone through the scheme since its
launch in May. With the scheme finishing the overall new
market is forecast to fall back below 1.8 million units in
2010. Private demand also performed better than expected,
buoyed by scrappage and, more recently, consumers taking
advantage of reduced VAT rates.
Average new car CO2 emissions fell by 5.4
percent on the 2008 level to 149.5g/km in 2009.
For the Fiat
brand the picture was very rosy during December in the UK,
its 5,459 units was up two-and-a-half-thousand cars on the
same month a year ago (3,058 in December 2008), a
year-on-year rise of 78.52 percent, and this raised its
share of the market for the final month of the year from
2.81 to 3.62 percent year-on-year. Fiat's performance was
headlined by the 500 supermini which was the ninth
best-selling car in the UK for the month, its highest ever
sales position, with 2,764 being registered.
Ford’s Fiesta was the best-selling model
in December as well as over the full year.
More than 24,000 Fiat 500s were sold last year, dramatically
up from 15,000 in 2008.
Alfa Romeo had an impressive month too, albeit off the back
of a poor December 2008, its 599 registrations last month
was up 133.07 percent on the 257 cars it sold during the
final month of last year. That increased its share of the UK
market for the month from 0.24 to 0.40 percent year-on-year.
Alfa Romeo’s flourishing 2009 in the UK was boosted by
strong demand for the MiTo: more than 6,000 have been sold
since its launch last January.
Abarth, the Fiat's sports brand, also had a strong final
month of the year, it added 113 more units of its two-model
range based on the 500 and Grande Punto, although
year-on-year data is inaccurate as it was only launched last
summer and just 5 units were registered in December 2008. It
does however mean that Abarth saw its year-on-year sales
rise by 2,160.00 percent.
Fiat and Alfa
Romeo are also two of a very small handful of brands to end
the year in the UK with increased year-on-year sales. The
Fiat brand weighs in with 60,337 registrations for the
full-year, up 5,000 units on 2008 when 55,325 units were
sold, a year-on-year rise of 9.06 percent, and this raises
overall market share from 2.60 to 3.02 percent, its best
result from 2002. Alfa Romeo
ends the year up 52.39 percent after selling 9,067 cars in
December versus 5,950 for the last month of 2008. It all
means that Alfa Romeo was only beaten in terms year-on-year
performance for 2009 versus 2008 by the two South Korean
carmakers, Hyundai and Proton, if niche two brands, Corvette
(36 sales) and MG (374 sales), are discounted.
This was also
Alfa Romeo's best result in the UK for six years, and its
best market share (0.45 percent) since 2003. Abarth ended
its first full year back in the UK with 1,381 sales,
compared to 100 units for 2008 when it was launched mid-year
and had a limited dealer network.
“The December
new car market was boosted by the Scrappage Incentive Scheme
and consumers looking to avoid January’s VAT increase,” said
Paul Everitt, SMMT chief executive. “The 2009 market
of 1,994,999 new car registrations was significantly above
early expectations and reflects the positive impact of the
scheme, due to end in February. “Another tough year awaits
the UK motor industry in 2010, with new car registrations
expected to be below 2009 levels and only limited recovery
in the van and heavy commercial vehicle markets. Sustaining
the progress made in the latter part of 2009 will require
stronger demand from fleet and business buyers, alongside
the greater availability and affordability of credit and
finance,” he continued.
Fiat also enjoyed success in the used car market in 2009
with some impressive residual value increases across most
models and derivatives. The demand for good value,
economical cars meant Fiat were well placed, with some of
the UK’s most popular cars in the Panda, Grande Punto and
500.
“The best year since 2002, with a market share of over three
per cent, the last quarter averaging over four per cent, and
sales of nearly 71,000 cars – the figures speak for
themselves,” says Andrew Humberstone, managing director, FGA
UK and Ireland. “This is the result of a clear strategy
coming to fruition, an unmistakable recovery of the brands
and their product initiatives, and the support of a more
streamlined dealer network which is showing improvements to
its profitability. “This has also been an exceptional year
for Fiat used cars with many residual values far exceeding
the market norm; Grande Punto for instance saw a 25 per cent
increase in values, while Panda experienced over 22 per
cent.”
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