Fiat
Automobiles was one of the biggest winners in the UK
last month and with 4,020 cars sold its year-on-year
performance was up by 57.7 percent, although Alfa Romeo
fared less well, it lost 14.87 percent year-on-year as
sales declined to 584 cars. Fiat's performance was all
the more impressive as it comprehensively outperformed
the overall UK market which climbed by 11.5 percent to a
total 148,793 vehicles for April, according to data
released by automotive body SMMT.
Registrations rose for a
tenth consecutive month in April, up 15,318 units on the
2009 market. However, volumes were still 15.3 percent or
26,875 units off the April 2008 total. The Scrappage
Incentive Scheme accounted for just 8.0 of the April
market, as the scheme closed in March, compared with an
18.7 percent average in previous months. SMMT has
increased its registration outlook for the full year
2010 market after a stronger than expected start to the
year. Manufacturer incentives and renewed market
confidence look set to maintain some momentum, but
concerns about economic stability over the coming months
suggest a 3.6 percent net fall to 1,924 million units
for the year. Latest projections expect the market to
return to over two million annual registrations by 2012.
Growth remains focused in the private sector with demand
for vehicles in more fuel-efficient segments remaining
strong. Diesel penetration rose for the first time since
March 2009, climbing to 45.5 percent in April 2010,
compared with 44.7 percent in April 2009.
The Fiat brand posted
an impressive month, and was amongst the top volume
manufacturers in terms of year-on-year rises: 4,020
vehicles registered last month compared to 2,548 during
the same month a year ago was up 57.77 percent
year-on-year and meant its market share rose from 1.91
to 2.70 percent. The Fiat 500, previously boosted by a
high profile volume supply deal with a driving school,
has however vanished from the top-ten best sellers in
recent months. Alfa Romeo couldn't continue the success
story, it was down 14.87 percent year-on-year with 584
sales last month compared to 686 during the same month a
year ago, and its market share slipped from 0.51 to 0.39
percent as a result. Abarth was up 35.00 percent last
month, with 135 sales, 35 units higher than during the
same month last year, although as the Scorpion brand is
busy reestablishing itself in the UK the year-on-year
data is meaningless.
For the year to date
Fiat has sold 20,453 cars in the UK, and compared to
14,009 units during the opening four months of last
year, that equates to a year-on-year rise of 46.00
percent and means its market share has jumped from 2.28
to 2.69 percent. Alfa Romeo is also up in volume terms
on last year, 2,546 units for the year-to-date is up 250
units on the same period last year, and adds up to a
10.99 percent rise, but with the overall market up more
than double that (+23.87) for the year-to-date, Alfa
Romeo's market share thus slips from 0.37 to 0.33
percent. Abarth is on 508 cars registered so far this
year, and compared to the 408 cars it sold during the
same period last year, it is up 28.19 percent.
Fiat Group's partner
Chrysler Group continued to slump in a market where the
Chrysler brand name is likely to continue once the messy
realignment with Lancia has fully played out. The
Chrysler brand managed just 128 registrations last
month, down 27.27 percent year-on-year, Dodge was on a
round 100 units sold, down 63.77 percent, while Jeep's
sales slumped by a half, 107 sales equating to a drop of
50.23 percent. For the year-to-date the picture is mixed
for the Chrysler Group, the Chrysler brand has managed
to find just 526 buyers for its models so far this year
and is down by more than a quarter (-27.35 percent),
Dodge is the poorest performer in terms of volume, only
managing 320 registrations, and is down 41.28 percent,
while 925 sales for Jeep, a spurt put on during a couple
of recent good months, means it is up 51.14 percent
year-on-year for the first four months of the year.
“As our new government
establishes itself, the priority must be sustaining and
strengthening the economic recovery with particular
focus on encouraging the availability of more and better
priced finance for businesses and consumers,” said Paul
Everitt, SMMT chief executive. “April was another good
month for the UK motor industry with private buyers
responding positively, despite the end of the scrappage
scheme. There are still difficult months ahead, but the
strong start to 2010 has led SMMT to increase its annual
forecast to 1.924 million units.”