13.04.2010 FIAT BRAND SALES UP BY MORE THAN A THIRD IN THE UK DURING MARCH

FIAT 500 SPORT MULTIAIR
JEEP PATRIOT 2010
ALFA MITO 1.4 TB TURBO MULTIAIR

The Fiat brand (top, 500 1.4 Sport) saw its sales climb by a third in the UK last month while Alfa Romeo (bottom, MiTo 1.4 Turbo) was up by over a fifth. Jeep was Chrysler Group's high point and saw its sales double with more than half of registrations coming from the Patriot (middle).

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.
 

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