Fiat
Group ended a dismal year on its domestic market with a
26.41 percent year-on-year fall in sales during the
final month, December, which once again keeps its
Italian market share below the important 30 percent
threshold and underperforms the overall market which
fell by 21.71 percent last month.
According to automotive trade body
UNRAE a total of 130,319 new cars were sold in
Italy last month which, when compared to 166,461 units
during the final month of 2009, adds up to a 21.71
percent year-on-year fall. The Fiat Group saw its sales
slump by fourteen thousand units year-on-year from
52,608 in December 2009 to 38,712 last month, a fall of
26.41 percent which reduced its share of all Italian new
car sales from 31.60 to 29.71 percent year-on-year,
although last month represented a very mild improvement
on November.
The Fiat Automobiles brand led
the decline once again: 29,223 units registered during
the final month of last year versus 41,489 in December
2009 saw its sales dropping by 29.56 percent
year-on-year. It's share of all sales fell from 24.92 to
22.42 percent year-on-year for the final month of the
year. The Fiat brand's problems come in part from the
ending of government "eco" incentives, which finally
faded out in the spring, as well as a lack of
preparedness for the arrival of Euro V legislation which
has severely reduced consumer choice across the model
ranges. A weak facelift for the Grande Punto in the
autumn of 2009 has seen sales of its most important
model sliding (an even more acute problem outside of
Italy) and Fiat is now considering rushing out a revised
Punto model this summer to try to stem the decline.
Lancia ended the year with very
little good news either: 5,628 sales in December
compared to 7,834 during the same month the previous
year left it down 28.16 percent year-on-year and its
market share down from 4.71 to 4.32 percent
year-on-year. Alfa Romeo however provided some more
robust news for Fiat Group Automobiles (FGA) thanks to
demand for the Giulietta which more than counterbalanced
a drop in interest in the MiTo and 3,817 units last
month versus 3,239 during December 2009 added up to a
17.85 percent year-on-year increase and a jump in its
market share from 1.95 to 2.93 percent. The Fiat Group's
niche luxury/performance brands had a mixed month,
Ferrari went north as it added 23 cars last month, up
43.75 percent year-on-year, while Maserati went south,
its 21 cars left it down 30 percent year-on-year.
The Italian new car market ends
2010 with 1,960,282 cars registered, almost exactly
200,000 units down on the incentive-fuelled year before,
a decline of 9.22 percent. The Fiat Group ends the year
with 590,376 cars sold, nearly one hundred and twenty
thousand cars less than the preceding year (708,799
units for the full year of 2009). The Fiat brand suffers
the most again, it shed 100,000 units from 2009 to 2010
(2009: 549,760 units/2010: 450,384 units) an 18.08
percent year-on-year fall and its market share declined
from 22.98 percent (2009) to 18.08 percent (2010).
Lancia sold a total of 86,929 cars in Italy last year,
well down from 2009 when it broke through the six-figure
barrier at home (102,574 units) and it was therefore
down 15.25 percent. Its market share correspondingly
slid from 4.75 percent (2009) to 4.43 percent (2010).
Alfa Romeo was helpfully
boosted by the mid-year arrival in the showrooms of the
new Giulietta hatchback to fill in the key C-segment but
its sales collapse in the Sergio Marchionne era is
nothing short of shocking: once a key player in Italy
its sales for the full-year of 2010 only just breached
the fifty thousand units mark, far away from the
continual stream of wild sales estimates set by its
senior management, and almost one-sixth of the infamous
Marchionne-touted target of "300,000 units by 2010".
Alfa Romeo's total sales last year of 51,882 units
however was less that five thousand units shy of the
previous year's tally (55,260 units in 2009), a
year-on-year fall of 6.11 percent. As it outperformed
the benchmark overall market, its share climbed from
2.56 percent (2009) to 2.65 percent (2010). Ferrari
meanwhile sold 682 of its sports cars during 2010, up
10.71 percent year-on-year, while Maserati's 499 units
was down 15.71 percent.
The Fiat Punto (combining the
Punto Classic, Grande Punto and Punto EVO) saw 10,279
sales last month to keep it in the number one slot on
the best sellers list, albeit with the Panda (9,803) not
far adrift. Lancia's Ypsilon (3,763) had a surprisingly
good month of sales to climb to fifth place while the
500 (3,616) slipped to sixth to make it four FGA models
in the top-six. For the full year of 2010 the Punto ends
as the best-seller with 154,061 units registered, around
twenty eight thousand down on 2009. The Panda (137,772)
winds up second, the 500 (68,463) fourth, and the
Ypsilon (46,532) in ninth. The Punto was also Italy's
best-selling diesel car during December with 4,101 units
and for the full year a total of 53,314 also kept it at
the top.