Fiat Automobiles saw its sales
climb 33.85 percent year-on-year in the UK last month, an increase of
two-and-a-half thousand units and a performance that comfortably beat the
overall market which surged by just over a quarter. The Alfa Romeo and Abarth
brands also climbed significantly year-on-year but slightly underperformed the
market, up 22.44 and 25.88 percent, respectively.
Sales
volumes in the UK March jumped 83,471 from the low of last year, the overall
market up 26.59 percent to 397,383 units, roughly in line with the combined
total of sales so far this year. March is typically the largest volume month of
the year in the UK, averaging 418,404 registrations and accounting for 17.8 percent of the
annual market since 1999, when the twice yearly plate change started.
The
Scrappage Incentive Scheme accounted for 12.2 percent of the March market and
14.4 percent over the first quarter. The scheme closed at the end of March and,
while just under a further 20,000 units will be delivered in the coming months,
the loss of the incentive and continued uncertainty over the economic setting
are expected to result in a marginal decline in volumes over the remainder of
the year. All sales types reported growth in March as they have through 2010.
Again, it was the private sector that posted the largest rise, up 33.5 percent
in the month and 37.8 percent in quarter one.
“The
UK motor industry has enjoyed a better than anticipated
first quarter of 2010,” said Paul Everitt, SMMT chief
executive. “A strong March performance was underpinned
by the scrappage incentive and improving demand in the
fleet sector. The coming months will remain challenging
and headline registration numbers are expected to dip,
but underlying demand will continue to improve slowly.”
Most segments posted
growth in March but the "mini" segment recorded by far
the strongest gains, up 90.3 percent, and this helped
Fiat to achieve 10,709 units for the month compared to
8,001 units during the equivalent month a year ago. This
equated to a market-beating 33.85 percent year-on-year
rise and it helped to raise Fiat's share of UK sales
from 2.55 to 2.69 percent year-on-year although the
best-selling 500 model dropped out of the market's
top-ten best-sellers. Alfa Romeo added 1,364 sales in
March, up from 1,114 a year ago and this added up to a
year-on-year rise of 22.44 percent. It's market share
however slipped very slightly from 0.35 to 0.34 percent.
Abarth recorded 287 registrations in March compared to
228 a year ago, a year-on-year rise of 25.88 percent
while its share of the UK market remained fixed at 0.07
percent.
Chrysler Group had a
mixed month, the Chrysler brand managed 259
registrations which made it the Group's worst
year-on-year performer down more than a third (-35.09
percent) against a market that surged more than a
quarter, the only positive being that the 300C sedan
model saw its sales rise year-on-year, while Dodge could
only muster 169 registrations and was down 17.59 percent
year-on-year. However the Jeep brand saw its sales
double (+100.72 percent) to 558 units, although with
more than half sales (329 units) being from the Patriot
model the data has to be taken with a note of caution.
Jeep's Grand Cherokee saw its sales rise year-on-year.
Federico Goretti, Managing
Director of Chrysler UK Ltd, registered himself pleased
with this result, saying in a statement: “Despite
challenging market conditions, I am delighted that
Chrysler sales for March have been strong, a clear
signal of the strength of our product range and appeal
to customers.”
For the first quarter
of the year the UK market has seen a total of 611,548
registrations, up 27.31 percent on the opening three
months of last year. The Fiat brand has a total of
16,433 units which puts it up 43.38 percent year-on-year
and with a market share of 2.69 percent for the
year-to-date. Alfa Romeo is on 1,962 units and is up
22.01 percent and with a market share of 0.32 percent,
while Abarth has 388 registrations so far this year, a
climb of 25.97 percent. The Chrysler Group has a mixed
year so far that reflects March's performance, the
Chrysler brand has managed just 398 registrations for
the first three months and is down 27.37 percent, Dodge
is on just 220 units, a drop of 18.22 percent, while
Jeep is well within positive territory, its 818 units
for the year-to-date is up 106.05 percent on the same
period of last year.