The Fiat 
						Group saw its European sales nose diving again during 
						November with the picture getting even more bleak as its 
						overall market share dropped to 6.3 percent while the 
						troubled Fiat brand slid to just a 4.5 percent cut of 
						sales. Highlighting the relentless downwards spiral that 
						the Fiat Group is currently locked into, it only 
						narrowly held onto its position as the sixth biggest 
						carmaker in Europe, finishing November less than one 
						thousand units ahead of the prestige segment focused BMW 
						Group.
						
						In total 1,071,895 new cars were sold in Europe last 
						month (data from ACEA counting the EU27 plus EFTA 
						signatories), 3 percent down on the same period last 
						year. Germany was the only major market to post any 
						growth in November (+2.6 percent) last month while the 
						downturn ranged from -4.2 percent in the UK to -6.4 
						percent in Spain, -7.7 percent in France and -9.2 
						percent in the Fiat Group's home market, Italy.
						In November the Fiat 
						Group missed the party once again as its sales lost 11.7 
						percent year-on-year, that equated to 67,640 sales last 
						month versus 76,612 during November 2010 and left it as 
						the second worst performer amongst the big nine 
						carmaking groups in Europe, only PSA Peugeot-Citroën 
						fared worse, down 13.2 percent year-on-year. The biggest 
						carmaker, VW Group, had no problems last month, up 5.8 
						percent driven by a 13.1 percent rise for the VW brand. 
						Behind second-placed PSA, Renault was almost flat (-1.0 
						percent), before the two American carmakers, GM and 
						Ford, both suffered, they lost 10.8 and 5.5 percent 
						respectively. Then came Fiat, before BMW (+1.1 percent), 
						Daimler (-6.8 percent) and Toyota (+4.2 percent) wrapped 
						up the key nine groups. Fiat Group's dismal performance 
						saw its European market share slide from 6.9 to 6.3 
						percent year-on-year for November.
						The Fiat brand 
						continues to drag the Italian group down and 47,968 
						units in November was almost ten thousand down on the 
						same period last year, a decline of 16.3 percent. As a 
						result the Fiat brand's European market share slips from 
						5.2 percent in November 2010 to just 4.5 percent last 
						month. Thanks to the arrival of the new Ypsilon, Lancia 
						sold 8,894 cars last month, up one and a half thousand 
						units and 21.8 percent on the same month last year 
						(Lancia's European total also includes 234 cars sold 
						under the Chrysler name in the UK last month as well as 
						a further handful in Ireland). Despite being an almost 
						exclusively Italian-only brand Lancia also outsold Alfa 
						Romeo in Europe last month, the sports brand's 8,348 
						cars was down more than one thousand five hundred units 
						on the same period last year and equated to a 16.7 
						percent fall which left Alfa Romeo firmly holding the 
						Fiat Group Automobiles (FGA) wooden spoon. Lancia and 
						Alfa Romeo both claimed a 0.8 percent share of the 
						European market last month, up and down 0.1 percent 
						year-on-year respectively. Jeep sold 2,055 cars last 
						month, up 84.5 percent year-on-year to be FGA's best 
						performer of the month; it was driven by the latest 
						Grand Cherokee which saw its volumes up 147.1 percent 
						year-on-year for November. Elsewhere the Fiat Group's 
						two luxury/performance brands, Ferrari and Maserati, had 
						a November to forget, a combined 375 units was down a 
						massive 56.1 percent year-on-year.
						For the year-to-date, 
						12,577,164 new cars have been sold in Europe, down 1.2 
						percent on the same 11 month period last year. Fiat 
						Group has 886,178 sales from January to November, and 
						when compared to 1,004,518 sales during the same period 
						of 2010, that is a fall of 11.8 percent. That leaves 
						Fiat as the worst performer amongst the big nine groups 
						in 2011 and the only one to suffer a double-digit fall. 
						As a result Fiat Group's market share for the 
						year-to-date slides from 7.9 to 7.0 percent 
						year-on-year.
						The Fiat brand has 
						suffered this year as cutting investment in its products 
						really bites home, coupled to management's continuing 
						lack of interest in pursuing a focus away from a 
						traditional overreliance on Italy which is now adding to 
						the problems. Fiat's 638,550 units for the year-to-date 
						is down more than one hundred and forty thousand units 
						and 17.1 percent on the same period last year and its 
						market share has slumped from 6.1 to 5.1 percent for the 
						year-to-date in year-on-year terms. There are few 
						positives for the Fiat brand to cling to, but in 
						A-segment the outgoing Panda continues to lead the way 
						with a 15.8 percent share of the market for the first 11 
						months. The 500 follows closely behind, achieving a 13.2 
						percent share for the year-to-date. Fiat's most 
						important model, the Punto, however is really 
						struggling, it has only managed to grab a 6.4 percent 
						share of its segment for the first 11 months of 2011. 
						The Qubo and Doblò remain among the best selling 
						vehicles in the 'Multispace' segment with a combined 
						15.9 percent share of the market year-to-date.
						Thanks to the upwards 
						effect of its new Giulietta during the first half of the 
						year, Alfa Romeo is on a solid 122,401 units for the 
						year-to-date, up twenty two thousand units and 21.5 
						percent compared to the same period last year. Lancia is 
						down just over six thousand units and 6.6 percent to 
						95,774 units for the year-to-date while Jeep is on 
						21,675 units and is up 63.6 percent led out by the Grand 
						Cherokee which is up 53.5 percent for the period. In 
						terms of year-to-date market share, Alfa Romeo is up 0.8 
						percent to 1.0 percent while Lancia is flat on 0.8 
						percent. Jeep is on 21,675 units for the year-to-date, 
						FGA's best performer in these terms, as it is up 63.6 
						percent on the same 11 month period last year. Ferrari 
						and Maserati are having a year to forget across Europe 
						in 2011, they have sold a combined 7,778 units for the 
						year-to-date, down by ten thousand units and 55.8 
						percent year-on-year for the period.