The Fiat Group suffered
another torrid month's sales in Italy during March
tumbling 31.90 percent year-on-year dragged down by the
Fiat brand which shed 39.81 percent while Alfa Romeo
provided the only bright spot, up 51.20 percent.
The Fiat Group saw total
of 55,177 sales last month, twenty five thousand units
down on the same month last year (81,018 units in
January 2010) while the overall market slid 27.57
percent to 187,687 units (versus 259,115 during March
2010) according to data released by Italian automotive
trade body UNRAE. That performance meant that the
Fiat Group's sales fall was somewhat closer to the
overall market's decline than in recent months and thus
is market share for the month slid less sharply, from
31.27 to 29.40 percent year-on-year.
The Fiat brand drove
down the Italian carmaker's performance as ever last
month, 38,813 units compared to 64,485 units during the
same month a year ago equating to a year-on-year slump
of 39.81 percent and its market share dropped more than
four percentage points from 24.89 to 20.68 percent
year-on-year. That performance was also significantly
worse than the previous month, February, when sales
dropped by a third.
Lancia's market share
dropped by more than a fifth last month (-22.02 percent)
although it comfortably outperformed the overall market
thanks to continuing resilience from the outgoing
B-segment Ypsilon hatchback and despite its replacement
being due to arriving in the showrooms in a month's
time. Its 9,115 units during March was down
two-and-a-half thousand year-on-year (11,689 units in
March 2010) but as it beat the overall market fall so
Lancia's share climbed from 4.51 to 4.86 percent. Alfa
Romeo continued to provide Fiat Group Automobiles (FGA)
with some much needed relief and 7,144 units in March
compared to 4,725 units during the same month last year
added up to a year-on-year rise of 51.20 percent and a
hike in its market share from 1.82 to 3.81 percent. The
Fiat Group's niche brands, Ferrari and Maserati, turned
in a mixed month: the Maranello sports car maker sold 64
cars, up 4.92 percent year-on-year, while the Modenese
marque's 41 sales was down 29.31 percent.
After the first
quarter of the year the Italian market has seen a total
of 513,710 new cars registered, down 23.10 percent on
the same three months of last year, while the Fiat Group
has 149,067 registrations for the year-to-date compared
to 210,026 units last year, a fall of 29.02 percent
year-on-year for the period. As the Fiat Group has
significantly underperformed the overall market in this
period its market share for the first quarter thus slips
from 31.44 to 29.02 percent year-on-year.
With 105,298
registrations so far this year compared to 165,115 for
the same period of 2010 the Fiat brand has lost fifty
thousand units and slumped by more than a third (-36.23
percent) year-on-year. The Fiat brand's share of the
market for the opening quarter of the year
correspondingly slides from 24.72 to 20.50 percent.
Lancia's 23,460 units for the year-to-date compared to
30,025 for the same period last year is a market-beating
21.87 percent drop and thus its share for the first
quarter actually rises from 4.49 to 4.57 percent. Alfa
Romeo is positive though for the year-to-date, 19,986
units compared to 14,533 units for the opening three
months of last year is a rise of 37.52 percent and its
market share jumps from 2.18 to 3.89 percent
year-on-year. Of the Group's niche luxury/performance
brands, Ferrari has 219 sales so far this year (+2.82
percent) while Maserati has just 104 (-25.71 percent).
The Fiat Punto
(13,843) was Italy's best selling new car last month
more than twelve hundred units clear of the
second-placed Fiat Panda (12,604). Lancia's outgoing
Ypsilon (5,305) was an impressive fifth, pushing the
Fiat 500 (5,241) down to sixth. The Alfa Romeo Giulietta
(4,165) was ninth, but significantly it was actually
three-and-a-half thousand units adrift of February's
tally. The Punto (6,230) was also Italy's best-selling
diesel in March with the Giulietta (3,134) in fourth and
the Fiat Bravo (2,589) in eighth rounding out FGA's
representation in the oil-burning top-ten. For the
year-to-date the Punto (37,822) and the Panda (32,007)
are clear at the top as the best-sellers in Italy, with
the 500 (16,800) in fourth, the Ypsilon (13,380) in
sixth and the Giulietta (11,924) in eighth wrapping up
FGA interest in the top ten. Amongst diesel cars for the
year-to-date the Punto (16,451) is the top seller with
the Giulietta (8,937) the runner up and the Bravo
(7,167) in fifth.
The Chrysler Group,
now 25 percent owned by the Fiat Group, saw its sales
halve during March, from 1,185 to 579 units year-on-year
although the disappearance of the Dodge brand (just 2
units registered last month) and the phasing out of the
Chrysler brand (83 units sold in March) means the data
isn't representative anymore. The sole surviving
brand, Jeep, registered 494 units last month, down 5.36
percent year-on-year (522 units in March 2010). For the
year-to-date the Chrysler Group has 1,804 registrations
and is down 27.70 percent year-on-year (2,495 units for
January to March 2010). However the only fully
representative brand, Jeep, has 1,511 sales for the
year-to-date compared to 1,224 units for the opening
three months of last year, a 23.45 percent rise in
registrations.
Elsewhere, Lamborghini
sold 7 of its sports cars in Italy last month as it
continues to struggle to reconnect with Italian
consumers. For the year-to-date its sales stand on just
20 units which is down 39.39 percent year-on-year.
Meanwhile DR Motor, which assembles CKD kits from
China's Chery Automobile in Italy, added a further 364
cars last month. However as a prime beneficiary of last
year's scrappage scheme its sales tumbled by 72.65
percent when compared to the 1,331 registrations it
racked up during the same month last year. For the
year-to-date DR Motor has 1,308 sales and with 2,205
units having been sold during the same period last year
that adds up to a year-on-year fall of 40.68 percent for
the opening quarter.