13.04.2011 FIAT LEADS THE BRAZILIAN MARKET DURING Q1 AND POSTS NEW SALES RECORD

FIAT STRADA TREKKING 1.4

Amongst light commercial vehicles sales for Q1, the Project 178 "World Car" family member compact Strada pick up, was - as is ever the case - Brazil's best-selling load-lugger, with 28,030 units registered from January to March.

Fiat Automóveis added 64,539 registrations in Brazil last month to close the first quarter of the year with a total of 172,003 units sold meaning that it led the Brazilian market for both periods as well as setting a new sales record for Fiat over the opening three months of the year.

The data, released by Anfavea - Associação Nacional dos Fabricantes de Veículos Automotores (National Association of Automotive Vehicles’ Manufacturers), confirms Fiat Automóveis' leadership in the Brazilian market for the first quarter with 22 percent share of all sales. That adds up to 2.7 percent growth year-on-year for the same period and drives Fiat Automóveis to a new sales volume record although it does however mildly underperform the overall Brazilian market as total vehicle sales during the first quarter of rose 3.6 percent to 777,725 vehicles.

In March 64,539 new cars and light commercial vehicles were sold by Fiat Automóveis which put it firmly clear at the top and was more than six thousand units ahead of its closest rival. That added up to a 22.4 percent market share for the month for Fiat Automóveis as well a month-on-month rise of 6.3 percent. However in March versus February terms Fiat Automóveis underperformed the overall market (+11.6 percent) and all its key rivals: VW (58,124 units in March) was up 6.3 percent month-on-month, GM (55,282 units) was up 19.3 percent while Ford (27,675 units) was up 17.0 percent.

In year-on-year terms, for the month of March it was a different story as Fiat Automóveis (-12.3 percent) outperformed the overall market (-14.4 percent) and all its main rivals: VW (-16.3 percent), GM (-21.0 percent) and Ford (-23.7 percent). Much of the market's sharp year-on-year decline for the month just gone is put down to the carnival holiday period falling in March this year as opposed to February last year while March 2010 also saw consumers beating a furious path to the showrooms to take advantage of the final month of a government tax incentive.

Fiat Automóveis' list of best selling cars for the first quarter of the year is dominated by the new Uno, which, with total 61,349 units registered for the period, actually accounted for more than one-in-three of all Fiat models sold in Brazil. Fiat's second highest selling car for the three months was the Siena sedan, with 24,815 units finding buyers, just ahead of its Project 178 "World Car" sister, the Palio; the B-segment hatchback ending the quarter on 23,281 units. The Palio's volumes have reasonably stabilised now after the arrival of the new Uno cannibalised the majority of its sales while prototypes for the next-generation model are currently pounding the Brazilian roads. Amongst light commercial vehicles, another Project 178 member, the compact Strada pick up, was - as ever - Brazil's best-selling load-lugger, with 28,030 units registered from January to March. Another Brazilian highlight for Fiat was the Ducato van which, with a total of 3,280 registrations over the first three months of the year, topped its segment.
 

© 2011 Interfuture Media/Italiaspeed