Fiat
Group lost yet more ground in Western Europe last month,
the 65,904 cars it sold was down 9.5 percent
year-on-year and left with with a market share that
shrank by more than half a point to 6.7 percent.
According to European auto manufacturer body ACEA
a total of 980,636 cars were sold last month across the
15 Western European EU members plus the EFTA signatories
in October.
The markets posted a
mixed bag of results last month: the French and British
markets performed similarly, posting 2.4 percent and 2.6
percent growth respectively. Demand in Germany, the
largest European market, remained stable (+0.6 percent),
while results in Italy (-5.5 percent) and Spain (-6.7
percent) were negative.
The Fiat Group's
October sales (EU15+EFTA) were down seven thousand units
on the same period last year and that meant its market
share for the month fell by 0.6 percent. As usual the
Italian carmaker was one of the worst performers and in
fact amongst its peers - the so called big nine - only
Toyota fared worst, down 11.7 percent. The market's
dominant carmaking group, VW, was up 4.5 percent for the
month just going but was followed by three losers: PSA
Peugeot-Citroën (-5.9 percent), Renault (-2.5 percent)
and GM (-3.0 percent). The final carmaker to sit above
Fiat in sales terms last month, Ford, was up 6.2
percent. Below Fiat came BMW (+1.7 percent), Daimler
(-9.4 percent) and finally Toyota.
As has been the case so far this year the Fiat brand has
been the rotten apple in the Fiat Group Automobiles
(FGA) barrel, its 47,061 sales in October when compared
to 53,481 during the same period last year was down 12
percent. That dropped Fiat's market share from 5.4
percent (2010) to 4.8 percent (2011).
Lancia provided some very positive news as its 8,046
sales during October was up 15.1 percent on the same
month last year when it shifted 6,908 cars. That bumped
Lancia's October market share up by 0.1 percent to 0.8
percent. Unfortunately Alfa Romeo proceeded to more than
undo that good work and its 8,319 sales last month
compared to 10,630 units in October 2010 was down 21.7
percent. Jeep weighed in positively though and 2,036
sales was up 150.7 percent year-on-year. The Fiat
Group's two luxury/performance brands, Ferrari and
Maserati, suffered in October, their combined total of
442 units was down 53.2 percent year-on-year.
After the first ten months of the years total of
10,882,968 new cars have been sold in Western Europe
which leaves the market almost flat (-0.9 percent). From
January to October, Germany is the only major market to
have posted significant growth (+9.8 percent). France
has seen demand slightly increase by 0.4 percent, while
the UK (-4.5 percent), Italy (-10.8 percent) and Spain
(-19.7 percent) have all faced a downturn.
The
Fiat Group has had a year to forget so far, and it is
down 11.4 percent after selling 791,102 cars to the end
of October. That compares unfavorably with 892,594 units
during the same period last year. It leaves Fiat Group
as comfortably the worst performer amongst all the big
carmaking groups in Europe; the other major losers for
the year-to-date are Toyota (-9.5 percent), Renault
(-8.6 percent) and PSA Peugeot-Citroën (-7.6 percent).
In volume terms the Fiat brand continues to drag FGA
down as consumers shun its ageing model portfolio and
567,369 sales for the year-to-date is down a massive one
hundred and fourteen thousand units on the same period
last year. As a result the Fiat brand's Western European
market share for the first ten months of the year slides
from 6.2 to 5.2 percent year-on-year.
Lancia is down 8.6 percent and eight thousand units for
the year-to-date. It has recorded 86,069 sales so far
this year. Lancia hasn't been helped by sales of the
Delta slipping away in Italy, the only market it ever
made an impact in, while the robust selling Musa has now
reached the end of its life. Lancia however has been
boosted by the arrival of the new-generation Ypsilon in
the summer to help it narrow the deficit while the
addition to the range this month of two rebadged
Chrysler models may lend some extra future traction in
Italy at least. Lancia's year-to-date market share is
down from 0.9 to 0.8 percent year-on-year.
Alfa Romeo has received a huge boost to its sales this
year from the new Giulietta although this effect has
reversed in recent months. However that demand has
helped make Alfa Romeo the golden performer from the FGA
stable and it is up by a quarter year-on-year (+25.2
percent) to 111,684 units. That is more than twenty
thousand more than the same period last year and means
the 'sports' bran's year-to-date market share climbs
from 0.8 percent (2010) to 1.0 percent (2011).
Amongst the niche brands, Jeep has 7,162 registrations
for the year-to-date, that is up a healthy 64.3 percent
year-on-year ,while Ferrari and Maserati have a combined
7,162 sales for the ten month period, down by more than
a half on the same period last year (-55.7 percent).