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						Fiat 
						Automobiles turned in an impressive January’s sales in 
						the UK, jumping 68.95 percent year-on-year which was in 
						fact more than double the growth of the overall market 
						which itself was up 28.9 percent. Alfa Romeo was also in 
						positive territory year-on-year for last month, up by 
						4.76 percent, although it underperformed the overall 
						market's surge. 
					
					Both Fiat and 
					Alfa Romeo benefitted from the pace of growth in new car 
					registrations in the UK as the market posted a seventh 
					consecutive monthly gain despite the cold weather and the 
					VAT increase which pulled some registrations into the end of 
					2009. The January 2010 market total of 145,479 units was 
					16,618 units short of the January 2008 figure but remained 
					up on January 2009 by 29.8 percent due to the severity of 
					last year’s decline. 
					
					With 3,972 cars 
					registered last month the Fiat brand was up 68.95 percent on 
					the 2,351 cars it saw registered during the same period a 
					year ago and this raised its market share from 2.10 to 2.73 
					percent year-on-year. With 2,439 registrations notched up in 
					January the Fiat 500 again broke into the top-ten 
					best-sellers where the supermini is now establishing itself 
					as a regular fixture. Alfa Romeo’s total of 374 cars sold in 
					the UK during January was 17 units up on the opening month 
					of last year and that gave it a year-on-year rise of 4.76 
					percent. Fiat’s niche sports brand Abarth saw 68 
					registrations last month which was up 44.68 percent 
					year-on-year. 
					
					Chrysler Group 
					had a mixed month and although there were some rises in 
					sales for the Chrysler and Jeep brands the 20-percent 
					Fiat-owned carmaker’s UK market has last year collapsed to 
					just a handful of cars. The Chrysler brand saw just 118 
					registrations in the UK during January, up 24.21 percent, 
					Dodge was down 34.38 percent to just 21 cars, while Jeep 
					fared best in volume terms, albeit with 170 units although 
					this was in fact up 203.57 percent over a very difficult 
					last January. 
					
					The UK's 
					scrappage scheme remains a positive influence on consumer 
					demand, and with its range of smaller, efficient cars, Fiat 
					Automobiles has been a key beneficiary, and its continuation 
					into March will ensure that the maximum number of people can 
					benefit from the budget available. The scheme will now last 
					until the end of March or when the money runs out, whichever 
					is the sooner. As the impact of the scheme subsides the 
					market is expected to slow to 1.817 million units over the 
					full year – the lowest level since 1993. Volumes are 
					expected slowly to recover to over two million by 2012. 
					
					“The 29.8 
					percent increase in January new car registrations provides a 
					better than expected start to 2010 for the UK motor 
					industry,” said Paul Everitt, SMMT chief 
					executive. “Scrappage continues to lift demand successfully 
					and today’s announcement of a continuation of the scheme to 
					the end of March will allow the maximum number of people to 
					benefit from the budget that’s still available. “Industry 
					expects another difficult year with the availability of 
					finance, consumer confidence and sustaining demand post-scrappage, 
					key to performance in the second half of the year, but signs 
					of recovery in the fleet and business sectors are 
					encouraging,” he concluded. 
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