The Fiat 
						Group's sales across Europe continued to deteriorate 
						during September and 82,115 vehicles registered equated 
						to a year-on-year slide of 7.8 percent and reduced its 
						overall market share for the month to just 6.5 percent.
						That weak result leaves 
						the Fiat Group still undisputed as the worst performing 
						major carmaker in Europe for the year-to-date according 
						to data released by automotive manufacturer body ACEA. 
						The picture for the Fiat Group is even worse if it 
						compared to the same month in 2010 when its sales 
						plummeted by 21.4 percent, double the overall market's 
						fall at the time.
						A total of 1,249,646 
						new passenger vehicles were sold in Europe (EU27+EFTA) 
						last month, a figure that was virtually flat 
						year-on-year (+1 percent). The Fiat Group's 7.8 percent 
						sales fall (82,115 registrations last month versus 
						89,102 during the same period last year) left it as the 
						third worst performer amongst its major peers: ahead of 
						Toyota (-9.2 percent) and September's biggest loser, PSA 
						Peugeot-Citroën (-13.3 percent).
						During the same month 
						last year the Fiat Group held onto a 7.1 percent market 
						share so last month's decline was more than half a 
						percentage point. The Fiat Group in fact only managed to 
						sell just over two thousand units more than BMW/Mini, 
						which took a 6.3 percent share for the month. The Fiat 
						Group's sales problems stem from a sharp lack of 
						investment in new models and a continuing failure to 
						remove its overreliance on its domestic market.
						The Fiat brand, as 
						ever, was the loser and its 58,928 sales in September 
						compared to 67,537 units during the same month a year 
						ago was down 12.7 percent and meant its market share for 
						the month slid from 5.4 to 4.6 percent year-on-year. 
						Lancia (which now counts Chrysler's handful of UK and 
						Irish sales within its sales total) has been boosted by 
						the showroom arrival of the new B-segment Ypsilon and 
						its September sales rose by 16.9 percent to 9,029 units 
						while its European market share for the month just gone 
						was up by 0.1 percent to 0.7 percent. Lancia may also 
						get some further sales traction in coming months from 
						two rebadged Chrysler brand models which went on sale in 
						Italy today.
						Alfa Romeo, however, 
						has seen the positive effect of the new C-segment 
						Giulietta wearing off and its sales last month were down 
						2.6 percent to 10,792 as it now tries to survive on a 
						diet of just two models. It's European market share was 
						flat at 0.9 percent. Jeep now comes under the umbrella 
						of Fiat Group Automobiles (FGA) in Europe and its 
						September sales were up 132.5 percent to 2,730 units to 
						give it a 0.2 percent share of the market. Finally, the 
						Fiat Group's two niche luxury/performance brands, 
						Ferrari and Maserati, continued to suffer dramatic drops 
						in their European sales and just 636 units - combined 
						between the two - sold last month was down by 59.9 
						percent.
						After the first three 
						quarters of the year the sales picture looks bleak for 
						the Fiat Group: 749,417 registrations is more than one 
						hundred thousand units less than the same nine month 
						period last year. That adds up to a 12 percent 
						year-on-year fall and makes Fiat comfortably the worst 
						performer amongst its peers - and in fact the only one 
						to have posted a double-digit loss for the year-to-date. 
						Market share for the period slips thus from 8.1 to 7.2 
						percent year-on-year. It also comes on the back of a 
						dismal September 2010 when sales had slumped by 14.2 
						percent - and means that in two years the Group's sales 
						collapse for the first nine months stands at nearly a 
						quarter of a million units.
						The Fiat brand is the 
						main loser for FGA for the year-to-date: 540,925 units 
						is down eighty five thousand units and 17.6 percent 
						year-on-year and means market share slips by 1 point to 
						5.2 percent for the nine month period in year-on-year 
						terms. Alfa Romeo is up by almost a third (+32.1 
						percent) for the year-to-date to 105,434 units to see 
						its overall share of sales up from 0.8 to 1.0 percent 
						year-on-year while Lancia (including Chrysler) is down 
						10.7 percent to 78,675 units to keep its share steady at 
						0.8 percent. Jeep is up by more than a half (+54.8 
						percent) for the year-to-date to 17,432 units while 
						Ferrari and Maserati go the opposite way, their sales 
						have more than halved (-55.9 percent) to 6,951 units 
						combined.