Fiat 
						Group has suffered a terrible month for new car 
						registrations across the European Union during April, 
						its sales tumbling by 27.3 percent compared to the total 
						market which fell 7.4 percent, meaning that the Italian 
						carmaker was Europe's worst performer amongst its peers.
						It all comes in stark 
						contrast to the same month a year ago when the Fiat Group was riding 
						high on the back of "scrappage" schemes being 
						implemented by governments across the European Union and April's dismal 
						performance, in particular dragged down by its domestic 
						market and also a collapse in 
						its German sales after this market shrank by almost a third, 
						was more than 30,000 units down on the same month a year 
						ago. 
						
						New 
						passenger car registrations across the 27 members of the 
						European Union fell by 7.4 percent in April compared to 
						the same month last year. Over the first four months of 
						2010 the market expanded by 4.8 percent compared to the 
						same period a year ago, while shrinking by 11.6 percent 
						in comparison to January-April 2008. The decline in 
						April registrations, the first in ten months, is linked 
						to the upturn in registrations last year when a growing 
						number of markets had started to benefit from fleet 
						renewal incentives. In the first months of the present 
						year, however, government support has ended or begun to 
						fade out and the economic situation remains difficult.
						
						In 
						absolute numbers, a total of 1,134,701 new cars were 
						registered in the EU in April. Of the largest markets, 
						Germany registered the largest number of new cars 
						(259,414 units) though new registrations declined the 
						most (-31.7 percent) percentage wise, followed by Italy 
						(-15.7 percent), the Czech Republic (-13.2 percent), 
						Poland (-11.9 percent) and Austria (-11.6 percent). The 
						steepest decline was noted in Bulgaria (-50.8 percent). 
						By contrast, markets expanded in France (+1.9 percent), 
						the UK (+11.5 percent), Belgium (+20.3 percent) and 
						Spain (+39.3 percent). 
						Four 
						months into the year, a total of 4,809,647 new passenger 
						cars were registered in the EU, or 4.8 percent more than 
						in the same period last year. Most of the larger markets 
						increased registrations, ranging from +7.5 percent in 
						Austria to +12.9 percent in France, +13.4 percent in 
						Italy, +23.9 percent in the UK, +43.2 percent in Spain 
						and +59.1 percent in Portugal. Germany (-25.5 percent) 
						and Poland (-10.5 percent), however, recorded a decline.
						The 
						Fiat Group saw 87,630 registrations last month in the 
						EU, down 27.3 percent year-on-year (compared to 120,499 
						units during April 2009) and this contributed to a sharp 
						market share contraction for April, from 9.8 to 7.7 percent. The 
						Fiat brand was the biggest in terms of volume but 
						more unusually it was the biggest loser year-on-year, 70,400 
						units in April versus 99,082 during the same month a year ago, a fall of 28.9 
						percent year-on-year and a market share drop from 8.1 to 
						6.2 percent. Lancia was the best performer from the Fiat 
						Group Automobiles (FGA) portfolio although its decline, 
						16.0 percent, was still more than double the overall 
						market's decline. Lancia saw 9,098 units registered as its market 
						share slipped from 0.9 to 0.8 percent. Alfa Romeo, 
						anxious to see a positive impact from the new Giulietta, 
						continued to fall, its sales of 7,470 units were down 
						by almost a quarter year-on-year (-24.9 percent) and its market 
						share slipped from 0.8 to 0.7 percent. There was better 
						news at the Fiat Group's two niche luxury/performance 
						brands, Ferrari and Maserati; they saw a combined total of 
						662 sales in April and this put them up 4.4 percent year-on-year.
						For 
						the year-to-date the picture looks bleak for Fiat Group 
						also, it is now down 3.6 percent to 409,947 units compared 
						to an overall market that is up by 4.8 percent and all 
						its bigger rivals have made gains, only GM is rooted below Fiat 
						(although it made up some ground during April). The 
						Fiat Group's share of sales so far this year is down from 9.3 
						to 8.5 percent. Last year the Fiat Group was steaming past 
						the Renault 
						Group but an abrupt reversal in slipping fortunes for the French carmaker 
						leaves it almost 100,000 units ahead of the Fiat Group after the 
						first four months of this year after a year-on-year 
						performance that is up by 30.4 percent. The Fiat brand has 
						331,887 registrations so far this year, down 4.9 percent 
						year-on-year, which means its share of the market for the year-to-date 
						has slipped from 7.6 to 6.9 percent, Lancia is still a 
						bright spot for FGA, up 10.8 percent to 42,512 units, and 
						with its 
						market share up 0.1 to 0.9 percent, while Alfa Romeo 
						slips 6.9 percent to 33,325 units and its market share 
						is down 0.1 top 0.7 percent. Ferrari and Maserati have a 
						combined 2,223 units for the year-to-date, virtually 
						unchanged (-1.2 percent).
						Chrysler Group's 
						European sales decline remained at pretty much the same 
						pace during April, its three divisions (Chrysler, Jeep 
						and Dodge) shed almost a quarter of their sales (-23.0 percent) 
						combined year-on-year, from 4,093 to 3,153 units. The 
						U.S. carmaker, 20 percent owned by Fiat, sees its market 
						share remains unchanged on just 0.3 percent. For the 
						year-to-date the Chrysler Group's registrations are down 
						by a fifth (-20.3 
						percent), from 17,167 sales during the first four months 
						of last year to 13,698 units for the same period this year and 
						a market share drop of 0.1 percent to 0.3 percent.