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Fiat Group was
present at the 80th Geneva Motor Show this
month showing cars including the new Alfa
Giulietta (bottom) and the Fiat Sedici (top)
while the Fiat Automobiles stand (middle)
won an award. |
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Boosted by
its domestic market which was the largest in Europe last
month, Fiat Group saw more that ninety thousand
registrations during February which put it up 4.9
percent year-on-year and meant it outperformed the
overall new car market which was up 3.2 percent while
the Italian carmaker's overall European market share climbed
from 9.1 to 9.3 percent year-on-year.
New passenger
car registrations in the EU increased by 3.0 percent in
February, and by 7.9 percent over the first two months of
the year, compared to the same period in 2009. With the same
average number of working days across the region in
February, no calendar effect occurred. Compared to the
pre-crisis levels of January and January-February 2008, new
car registrations decreased by 15 percent and 16 percent
respectively.
In February, a
total of 974,346 new cars were registered in Europe, or 3.0
percent more than in February 2009. A big decrease in
Europe’s second largest market Germany (-29.8 percent), was
countered by an increase in the other major markets. Under
the continued influence of government fleet renewal
incentives, France recorded 18.2 percent more registrations
in February, Italy +20.6 percent, the UK +26.4 percent and
Spain +47.0 percent. Romania, Hungary and Poland saw
registrations decrease by 63.0 percent, 57.9 percent and
19.2 percent.
Two months into the year, the EU has registered just over two
million new passenger cars, or 8.1 percent more than in the
same period a year ago. In absolute figures, Italy has registered the most vehicles (407,580 units), followed by
Germany (376,035 units), France (352,013 units), the UK
(214,165 units) and Spain (161,411 units). Germany was the
only larger market to contract (-19.5 percent) from January
to February. The market expanded by 16.3 percent in France,
25.5 percent in Italy, 28.7 percent in the UK and 32.9
percent in Spain.
Fiat Group’s
performance, more than 14,000 units up on February last year
was led out in volume terms by the Fiat Automobiles brand
which accounted for 72,356 units, up 3.0 percent
year-on-year almost exactly the same as the overall market
rise and its market share remained steady at 7.4 percent.
Lancia, boosted by another very strong month of sales in Italy was the group’s
big year-on-year winner, up 18.7 percent to 10,271 units and
its share of European sales climbed from 0.9 to 1.1 percent
year-on-year. Alfa Romeo’s 7,857 units was just over five
hundred units up on last year to give it an 8.1 percent rise
compared to last February while its overall market share
remains static on 0.8 percent. Of the Fiat Group’s niche
performance/luxury brands, Ferrari and Maserati saw
combined sales of 278 cars which was down 9.7 percent on the same
month last year.
After the first
two months of the year Fiat Group has posted 189,731 sales
in Europe, up 12.4 percent on the same period last year, with its overall market share up from 9.0 to 9.3 percent.
The complete market is up 8.1 percent in total. The Fiat brand has
152,392 sales for the year-to-date, which leaves it up 11.6
percent year-on-year for the first two months of last year.
Lancia is on 20,327 units for the year-to-date and is the Group’s best performer, up
23.2 percent, while Alfa Romeo’s 16,330 units for the opening
two months of the year means that it is also ahead of the
overall market rise, just, up 8.7 percent. It all adds up to,
for the year-to-date, the Fiat brand’s share of all European
sales up from 7.2 to 7.5 percent, Lancia up from 0.9
to 1.0 percent while Alfa Romeo remains static on 0.8
percent. Of the luxury/performance brands, Ferrari and
Maserati, the have combined sales of 682 units for the
year-to-date which is down 18.6 percent on the same period last
year.
The big losers last
month on Europe included Suzuki, Honda, Mazda, Mitsubishi, Toyota,
plagued by its high-profile recall problems, and of course
Chrysler Group, in which Fiat holds a 20 percent stake.
Chrysler's fading sales in
Europe continues unabated and it managed to shift just 2,902 units
combined across its three brands (Chrysler, Dodge and Jeep)
last month which equated to a 22.2 percent year-on-year fall and
added up to a
market share of 0.3 percent. For the year to date Chrysler
Group has managed 6,034 registrations combined, down 34 percent on
the same two months last year and its share of European sales for the
year-to-date stands at 0.3 percent.
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