The Fiat Group is
suffering a dismal end to a dismal year on its domestic
market: during November the Italian carmaker's sales
slumped by a quarter year-on-year, underperforming the
overall market which was down by just over a fifth.
According to industry body UNRAE, 145,198 new
passenger cars were sold
in Italy last month, down 21.13 percent year-on-year
(184,099 units Jan-Nov 2009).
For the Fiat Group its latest
monthly decline in domestic sales amounted to almost fifteen
thousand units year-on-year: 41,425 units in
November compared to 55,942 units during the same period
a year ago, a year-on-year fall of 25.95 percent. It
also served to keep the Fiat Group's market share well
under the psychological 30 percent threshold: it only
achieved 28.53
percent last month, down almost two percentage points
year-on-year (30.39 percent in Nov 2009). However it was
a big improvement on the
Splitting the Fiat
Group Automobiles (FGA) portfolio up, the Fiat brand
sold 31,184 cars last month compared to 43,230 during
November 2009 which adds up to a year-on-year fall of 27.86 percent and a
market share contraction from 23.48 to 21.48 percent. Lancia, with 5,863 sales,
it was the biggest loser in the FGA stable in year-on-year terms
as that figure meant it
lost over three thousand units year-on-year during the
month just gone which adds up to more than a third of
its sales (-34.40 percent). Correspondingly Lancia's
market share slipped from 4.85 to 4.04 percent
year-on-year in November. The arrival of the new
C-segment Alfa Romeo
Giulietta hatchback in the Italian showrooms is
currently the only bright spot for FGA and it helped the
niche sports brand to
achieve 4,379 units sales last month on its home market,
putting it up 16.31 percent year-on-year. That
allowed Alfa Romeo to increase its Italian market share
year-on-year from 2.02 to 2.98 percent for the month
just gone. Of the Fiat Group's niche performance/luxury
brands, Ferrari and Maserati, the former sold 24 cars
last month, down 22.58 percent year-on-year, while the
latter's 25 units was up 13.64 percent on the same month
last year.
After the first eleven months of the
year the Fiat Group has sold more than a hundred
thousand units less on its domestic market than it did during the same period
last year: 551,465 units so far this fiscal versus 656,193
units during the same period last year. That puts the
Fiat Group down 15.96 percent year-on-year for the
year-to-date which is double the overall market's
contraction while the Italian carmaker's share of the market for the period slides from
32.92 to 30.15 percent year-on-year. The Fiat brand is
on 420,983 units for the year-to-date, down 17.17
percent year-on-year and its market share for the period has dropped
by over two percentage points to rest on 23.02 percent. Lancia
is also a big loser: 81,290 units puts it down 14.19
percent for the year-to-date and gives it a market share
of 4.44 percent. Alfa Romeo's 48,057 units after eleven
months is down 7.62 percent year-on-year but it
fractionally outperforms the overall market so its share
of all Italian sales for the eleven month period is up
from 2.61 to 2.63 percent year-on-year. For the
year-to-date Ferrari has 658 sales, up 9.30 percent
year-on-year, while Maserati's 477 units leaves the
Trident brand down 15.12 percent.
Despite the Fiat
brand's on going dramatic sales slump it continues to
lock out the top two positions in the Italian market,
this month the Panda (10,710) though returned to the
number one slot ahead of the Punto (9,979) while the
Fiat 500 (5,216) made it three Fiat models in the
top-four (the Punto includes the Punto Classic, Grande
Punto and Punto Evo combined). Lancia's B-segment
Ypsilon (3,662) had a robust month just gone to take
sixth position. For the year-to-date the Punto (143,732)
is comfortably the best selling car in Italy ahead of
the Panda (127,895) while the 500 (64,825) is in fourth
place and the Ypsilon (42,764) ninth. Amongst diesel
cars the Punto (4,193) was the best-seller during
November while Alfa Romeo's Giulietta (1,637) easily
made the oil burning top-ten. For the year-to-date the
Punto (49,178) is the best selling diesel while the
Bravo (17,342) is FGA's other representative in the
diesel top-ten in ninth place.
The Chrysler
Group, 20 percent owned by the Fiat Group, continues to
see its products shunned by Italian
buyers. It managed just 381 sales last month combined
across its three brands, adding up to a year-on-year fall of 42.53
percent. That shook up as 105 units for the Chrysler
brand (+69.35 percent), just 15 units for Dodge (-93.95
percent) and 261 units for Jeep (-26.06 percent). For the
year-to-date the Chrysler Group is on 7,146 units in
Italy, down 17.61 percent year-on-year, and that splits
up into 1,390 units for Chrysler (+18.50 percent), 2,510
for Dodge (-33.26 percent) and 3,246 units for Jeep
(-17.61 percent). Elsewhere VW Group-owned Lamborghini continues to
lose the art of selling Italian sports cars to Italian
consumers:
2 units shifted last month compared to 3 units during
the same month a year ago still keeps the Sant'Agata
Bolognese brand away from hitting treble figures
at home for the year: it has just 91 sales for the year-to-date
compared to 149 units during the same eleven month period last
year, a year-on-year decline of 38.93 percent. Meanwhile
DR Motor, which assembles a selection of Chinese
carmaker Chery's cars under licence, had better fortunes
however and 479 units sold in Italy during November was
up 132.52 percent year-on-year. For the year-to-date DR
Motor has sold 4,128 vehicles which puts it up 97.42
percent year-on-year.