Fiat Group saw its new 
						car sales continue to slide right across Europe 
						throughout November: once again it held tightly onto the 
						wooden spoon as it was the biggest loser of all the 
						major carmaking group's, losing nearly a quarter of all 
						its sales year-on-year which was more than three times 
						worse than the overall market's dip of 6.5 percent.
						The data, released this 
						morning by European automotive body ACEA covers 
						the twenty seven members of the European Union (EU) plus 
						the three members of the European Free Trade Agreement 
						(EFTA). In fact the Fiat Group was the worst performer 
						of any carmaker in Europe last month - large or small - 
						except for the fading carcass of the Chrysler Group, in 
						which the Italian firm ironically owns a 20 percent 
						stake.
						
						Fiat has hampered by the 
						Italian market, where it is always over reliant, which 
						is at present losing a lot of ground after the ending of 
						state "eco" incentives in the spring and an 
						artificially-distorted end to last year when there was a 
						surge before the 'scrappage' scheme's cut-off. The Fiat 
						Group is also suffering from its mix of ageing models, a 
						lack of consumer favour for the mid-life facelifted 
						Punto, the Punto Evo, and being unprepared for the 
						arrival of Euro 5 regulations.
						In 
						November, demand for new passenger cars fell by 6.5 
						percent in Europe (EU27+EFTA), and amounted to 1,106,598 
						units. All major markets contracted, from 6.2 percent in 
						Germany to -10.8 percent in France, -11.5 percent in the 
						UK, -21.1 percent in Italy and -25.5 percent in Spain. 
						The general downturn led to a 7.1 percent drop across 
						the EU, compared to last year when the month of November 
						recorded the largest increase (+27.1 percent) of 2009, 
						rebounding from the previous 25.7 percent plunge in 
						November 2008. 
						The 
						Fiat Group sold 74,194 cars during November, which was 
						twenty three thousand units less than the same month a 
						year ago (97,301 in November 2009), to add up to a 
						year-on-year fall of 23.7 percent and which contracted 
						its market share from 8.2 to 6.7 percent year-on-year.
						That 
						result left Fiat Group languishing in sixth place 
						amongst the carmaking groups in Europe and only 8,000 
						units for the month ahead of seventh placed BMW Group. 
						As ever VW Group (-5.2 percent) was the big seller with 
						PSA Peugeot-Citroën (-9.5 percent) in its usual second. 
						Demonstrating just how far the Fiat Group has taken its 
						eye off the ball over the last year or so, a 
						historically time honoured trait for the Italian 
						carmaker when times are good, Renault (-12.1 percent), 
						which the Fiat Group had not so long ago overhauled, was 
						the third best-selling group in Europe for November and 
						was in fact more than forty thousand units ahead of the 
						Fiat Group. Fourth place went to GM (+4.6 percent), the 
						European arm of the American carmaker had been 
						overhauled by the Fiat Group this time last year but 
						last month it was almost twenty five thousand units 
						ahead of the Italian firm. Ford (-14.7 percent) was the 
						final carmaker to finish November ahead of Fiat Group: 
						it had a cushion of ten thousand units.
						
						Splitting up the Fiat Group Automobiles' (FGA) 
						portfolio, the Fiat brand suffered again last month, 
						57,208 units registered during November compared to 
						78,640 during the same month a year ago was down 27.3 
						percent year-on-year, and resulted in a slide in its 
						market share for the period from 6.6 to 5.2 percent 
						year-on-year. Alfa Romeo however provided a much 
						brighter note, its 10,023 units last month, driven by a 
						strong reception for the new C-segment Giulietta, was up 
						by a quarter (+25.6 percent) year-on-year and that 
						allowed its European market share to climb by 0.2 
						percentage points year-on-year to 0.9 percent for 
						November. FGA's other niche brand, Lancia, however went 
						the other way: 6,619 units last month added up to a 
						year-on-year fall of 35.6 percent and a year-on-year 
						reduction in its market share by 0.3 percentage points 
						to 0.6 percent for November. Of the Fiat Group's two 
						performance/luxury brands, Ferrari and Maserati sold a 
						combined total of 344 cars last month, down 14.0 percent 
						year-on-year.
						From 
						January to November, a total of 12,736,102 new cars have 
						been registered in Europe (EU27+EFTA), or 5.1 percent 
						less than over the same period last year. From January 
						to November, the UK (+3.4 percent) and Spain (+5.9 
						percent) have performed better than in the same period a 
						year ago. France (-2.4 percent), Italy (-8.2 percent) 
						and Germany (-25.2 percent) contributed to the overall 
						5.7 percent downturn across the region. The largest 
						expansion was noted in Ireland (+54.0 percent).
						With 
						just one month of the year remaining the Fiat Group 
						still hasn't breached the one million units sold 
						barrier, it's now on 971,201 units for the year-to-date 
						which leaves it two hundred thousand units adrift of the 
						same period last year and down 16.9 percent 
						year-on-year. That leaves it equally with Toyota (-16.9 
						percent) as the worst performer amongst the big 
						carmaking groups in Europe for the eleven month period. 
						Consequently the Fiat Group's market share for the 
						year-to-date slides from 8.7 to 7.6 percent. The Fiat 
						brand has 77,458 registrations for the year-to-date, 
						down 18.5 percent, and that reduces its market share for 
						the year-to-date, year-on-year by one percentage point 
						to 6.1 percent. Alfa Romeo's timely boost from the 
						Giulietta has narrowed its year-on-year fall to just 3.0 
						percent which also means it outperforms the overall 
						market. For the year-to-date the 'sports' brand has sold 
						100,759 cars in Europe while its market share for the 
						year-to-date taken year-on-year remains unchanged on 0.8 
						percent. Lancia has edged up to 92,886 units for the 
						year-to-date which is down twenty thousand units and 
						17.5 percent year-on-year. It's market share for the 
						year-to-date slips slightly from 0.8 to 0.7 percent 
						year-on-year. The Fiat's Group's niche brands, Ferrari 
						and Maserati, have a combined total of 6,098 units for 
						the year-to-date which is up 0.3 percent year-on-year.
						The Chrysler Group 
						continues on its road to European oblivion without any 
						pause for breath: 2,293 units last month combined across 
						its three brands - Chrysler, Dodge and Jeep - was down 
						35.8 percent year-on-year (3,573 units in Nov 2009), 
						making it the worst performer of any carmaker in Europe 
						for the penultimate month of the year and its market 
						share for November came in at just 0.2 percent. For the 
						year-to-date it is also untroubled as the worst 
						performer too, 34,127 units combined across its brands 
						is down more than twelve thousand units and 27.2 percent 
						on the same period last year (46,813 units Jan-Nov 
						2009).|