Fiat saw its sales shrink
7.8 percent across Europe last month, twice the overall
market's fall, however it shed the worst performer tag
amongst the big groups as both the French carmakers',
PSA Peugeot-Citroën and Renault, lost double-digit
ground.
In total 1,128,327 million cars were sold in Europe last
month according to automotive manufacturer body ACEA.
The Fiat Group weighed in with 82,315 registrations
across Europe (counting the EU27 plus EFTA signatories)
last month and when compared to 89,277 units during
April 2010 that was down 7.8 percent. As a consequence
the Italian carmaker's share of all European sales for
the month just gone slid from 7.6 to 7.3 percent
year-on-year.
April saw a contraction of the major markets, except for
Germany (+2.6 percent), leading to an overall 4.1
percent downturn. Demand was down 2.2 percent in Italy,
7.4 percent in the UK, 11.1 percent in France and 23.3
percent in Spain. Germany was the biggest market with
266,251 new registrations, followed by France (169,757),
Italy (157,309), the UK (137,746) and Spain (71,808).
Fiat was the sixth placed carmaking group in Europe for
the month of April; last year it was fifth in the same
period ahead of Ford but while both groups declined last
month, the Italian company fell further allowing the
U.S. firm to leapfrog it. At the top to the tree in
Europe last month was VW (+3.7 percent) while the two
French volume carmakers, PSA Peugeot-Citroën (-17.9
percent) and Renault (-12.6 percent) were next up but
right amongst the biggest losers for the month. Fourth
and fifth places went to the two U.S. manufacturers: GM
(+0.6 percent) and Ford (-3.0 percent). Behind Fiat the
remainder of the nine key players was made up of BMW
(+5.0 percent), Daimler (-1.9 percent) and Toyota (-0.1
percent). Other big losers amongst more niche carmaker's
were Honda (-34.0 percent), Mazda (-25.1 percent),
Chrysler (-27.2 percent) and Jaguar Land Rover (-18.2
percent).
The Fiat brand continued to drag Fiat Group Automobiles
(FGA) downwards as customers shun its aging product
lineup and its traditional reliance on domestic sales to
make up volumes are being hit by a home market downturn.
Its 60,933 sales last month was a drop of ten thousand
units (71,484 units in April 2010), a fall of 14.8
percent. Consequently its European market share declined
from 6.1 to 5.4 percent year-on-year.
Alfa Romeo however provided some much needed black ink
at FGA as its 12,650 units registered last month
compared to 7,821 units during the same month a year ago
equated to a rise of nearly five thousand units and a
61.67 percent rise for the period. Lancia once again
joined Fiat in going the wrong way, its 8,098 units in
April was down one thousand units year-on-year and a
fall of 11.9 percent. Fiat's two luxury/performance
brands, Ferrari and Maserati, sold a combined 634 units
for the month just gone and when compared to 777 units
in April 2010 that was a fall of more than a quarter
(-27.2 percent).
After the first four months of the year the Fiat Group
has notched up a total of 346,310 registrations, seventy
thousand units and 16.6 percent down year-on-year for
the year-to-date. Last year the Italian carmaker was on
415,172 units at this point meaning that it remains
unchallenged as Europe's worst performer for the
year-to-date amongst its major peers. The other losers
in the top nine are led out by Ford (-11.3 percent) and
completed by PSA Peugeot-Citroën (8.4 percent), Renault
(8.1 percent) and Toyota (-3.0 percent). The Fiat
Group's European market share for the year-to-date thus
slides from 8.4 to 7.2 percent for the year-to-date.
From January to April,
growth prevailed in two thirds of the markets in Europe
but the downturn recorded in the UK (-8.5 percent),
Italy (-19.0 percent) and Spain (-26.3 percent) resulted
in a 2.4 percent decline in demand. Germany, the largest
market, registered over 1 million units in the first
four months of 2011, or 10.7 percent more than in the
same period last year, followed by France with 817,211
new cars (+4.0 percent).
The Fiat brand continues to be the main culprit for FGA
and its 257,361 registrations for the year-to-date
compared to 335,344 during January to April 2010 leave
it down 23.3 percent year-on-year for the periods and
its market share consequently dropping from 6.8 to 5.3
percent. Alfa Romeo however is a very different story,
it has made gains all year thanks to the Giulietta's
strong reception with customers and 52,617 units for the
year-to-date is up by almost exactly a half (+52.2
percent) year-on-year and its market share climbs 0.4
percent to 1.1 percent. Lancia is also a loser for the
first third of the year: 33,959 units is down a fifth
year-on-year and its market share drops by 0.2 percent
to 0.7 percent. The niche brands, Ferrari and Maserati,
have a combined 9,989 sales for the year-to-date and
compared to 14,810 during the same period last year,
that is a fall of 32.6 percent.
At the bottom of the
pile the Chrysler Group was Europe's worst performer for
the month of April and the year-to-date. The Chrysler
Group also remains clear at the bottom of the tree, only
residing in the tables above the "others" catchall, and
last month 2,534 cars registered was down more than a
quarter year-on-year (-27.2 percent) to give it a 0.2
percent share of all European sales for the month. The
U.S. carmaker is however mostly reliant now on the Jeep
division's sales as the Dodge brand has been withdrawn
from all markets and the Chrysler nameplate now only
nominally exists in two markets: the UK and Republic of
Ireland. For the year-to-date the Chrysler Group hasn't
yet broken the ten thousand unit barrier: 9,989 units
registered so far this year is down 32.6 percent to push
its market share down to 0.2 percent year-on-year.