Fiat 
						Group has begun 2012 with a further slide in sales in 
						its home market of Italy – this time it was Alfa Romeo 
						heading the decline, down a third year-on-year.  The 
						group recorded 40,463 registrations, down from 48,785 in 
						January 2011, although in percentage terms this broadly 
						reflected the fall of the market as a whole. The data, 
						compiled by Italian automotive industry trade body UNRAE, 
						reveals that 137,119 new cars were sold in Italy last 
						month, compared to 165,073 during January 2011.  
						At a group level, Fiat 
						slid 17.06 percent, which represented a loss of 8,322 
						units compared to the equivalent period last year.  In 
						market share terms, Fiat Group remained relatively flat, 
						coming in at 29.51 percent, compared to 29.55 percent in 
						January 2011. The result means Fiat maintains market 
						share at the level where it ended last year – across the 
						whole of 2011, the group’s market share was 29.50 
						percent.
						For a change, the Fiat 
						brand did not represent the biggest problem for Fiat 
						Group Automobiles (FGA). The dubious honour of worst 
						performer went instead to Alfa Romeo, which slid 33.30 
						percent year-on-year. That translated into a decline of 
						2,189 units, from 6,574 in January 2011 to 4,385 last 
						month, and left its market share at 3.20 percent (down 
						from 3.98). The volume Fiat brand’s sales declined 17.66 
						percent year-on-year, only marginally more than the 
						overall market decline of 16.93 percent.  This left the 
						Fiat brand market share at 20.67 percent, down from 
						20.86 percent year-on-year. However, while the decline 
						was roughly in-line with the overall market’s, it 
						nevertheless represented a substantial hit in overall 
						registration numbers – total units declined by 6,080, 
						from 34,429 to 28,349. A relatively bright spot was to 
						be found in the performance of the Lancia brand, powered 
						by the new Ypsilon. Although it declined 2.39 percent 
						overall (6,982 registrations compared to 7,153 in 
						January 2011), the brand handily outperformed the 
						overall market, boosting market share from 4.33 to 5.09 
						percent.
						
						With the benefit of a brand-new model arriving in 
						showrooms this month, Fiat’s A-segment Panda replaced 
						the Punto as Italy’s best-selling model. It notched 
						10,448 registrations, an incremental improvement over 
						January 2011’s figure of 10,058. Indeed, FGA models 
						swept the top four positions in the market overall, with 
						the Panda heading the Punto, Ypsilon and 500. The Punto 
						was also the best-selling diesel car for the month.
						
						However, this impressive headline masks serious 
						shortcomings in volumes throughout the range. The most 
						significant of these was for the core B-segment 
						Punto. Despite an emergency facelift to correct the 
						worst excesses of the aesthetically-challenging ‘Evo’, 
						the Punto shed 4,638 units, a huge 35.10 percent decline 
						year-on-year. Moreover, with its replacement not 
						scheduled to appear until 2014, the Punto’s continual 
						sales decline must be regarded as a significant area of 
						concern for Fiat.
						On 
						the flipside, the Ypsilon recorded a relatively strong 
						month, logging 5,143 units. This marked an improvement 
						of 1,159 sales and 29.09 percent compared to the number 
						of Ypsilons shifted in January 2011, although this is 
						only to be expected as last year’s result was achieved 
						by the aged and now-superseded model. It should also be 
						pointed out that, while this month’s result was quite a 
						good one for the Ypsilon in terms of recent history, it 
						does not come close to meeting Fiat’s target, which is 
						between 100,000 and 130,000 units a year. (While this is 
						a Europe-wide figure, it is difficult to see this number 
						being achieved, given that over 80 percent of Lancias 
						are sold on the Italian market.)
						
						Following a notable dip in volumes during December, the 
						Fiat 500 recovered with 4,840 units registered 
						throughout January. This represented a fall of 558 units 
						and 10.34 percent year-on-year, marginally below the 
						average A-segment drop of 11.67 percent. The Panda and 
						500 remained well clear of the third placegetter in 
						A-segment, the Smart Fortwo, which recorded 1,938 
						registrations.
						
						Elsewhere, however, it proved a difficult month for Fiat 
						in most volume segments. Having dropped to ninth in the 
						off-roader category in December, the Fiat Sedici dropped 
						out of the segment top 10 altogether in January. Having 
						shifted 685 units 12 months ago, the total number of 
						Sedici sales is unclear, but cannot have exceeded 400. 
						The result comes as Fiat released the results of a 
						review of future investments, which revealed the 
						next-generation Sedici would not be launched until 2014, 
						meaning the current model must soldier on for at least 
						another two years. The same review also elected to 
						extend production of the Lancia Musa mini-MPV, sales of 
						which dropped 774 units, or 52.44 percent, 
						year-on-year. (Overall, the mini-MPV segment dropped 
						34.81 percent.)  The Musa’s stablemate, the Fiat Idea, 
						shifted 567 units, shedding 155 registrations 
						year-on-year.
						In 
						the ‘Multispace’ category, the Fiat Doblò recovered 
						somewhat from the fivefold fall in year-on-year sales it 
						suffered during December.  It shifted 301 units, a 
						decline of 28.16 percent year-on-year, but enough to 
						retain second place in the category – although Citroën’s 
						Berlingo was just 61 units behind. As usual, Fiat’s Qubo 
						comfortably claimed first place with 933 registrations, 
						down just 24 units (2.51 percent) on last January.
						
						While the Fiat 500 hatchback fared relatively well, it 
						proved a dreadful month for the 500C convertible 
						variant. Slippng to fourth in the cabrio segment, it 
						notched just 60 registrations, down a massive 79.17 
						percent (228 units) year-on-year. Matters proved little 
						better for the supposedly volume C-segment Bravo hatch, 
						which dropped 53.16 percent compared to January 2011 
						(1,083 units, down from 2,312). As usual, the related 
						Lancia Delta failed to trouble the segment top 10.
						
						Elsewhere in C-segment, Alfa Romeo’s current mainstay, 
						the Giulietta, maintained its usual second place in 
						C-segment to Volkswagen’s Golf, and was the 
						eighth-best-selling model overall. However, in a 
						worrying sign, its unit registrations were also well 
						down year-on-year – from 4,056 units in January 2011, it 
						managed only 2,979 registrations last month. This 
						represents a fall of 26.55 percent, notably higher than 
						the 21 percent drop of C-segment as a whole. There was 
						further bad news for the Milanese marque in B-segment, 
						where the rapidly ageing MiTo’s sales collapsed 37.44 
						percent year-on-year, compared to 21.84 percent for the 
						segment overall. Residual stocks of the discontinued 159 
						accounted for the remaining 143 units of the brand’s 
						registrations. With no new models scheduled to hit the 
						market for the remainder of the year, indications are 
						that 2012 will prove a tough year for Alfa dealers.
						In 
						D-segment, the Fiat Freemont notched 1,396 
						registrations, finishing second to the Volkswagen Tiguan 
						compact SUV. Fiat is targeting 20,000 Freemont sales 
						annually in Italy, and a further 20,000 across other 
						European markets. Placing fourth in the ‘large MPV’ 
						segment, the Lancia Voyager shifted 146 units, compared 
						to 92 units of the pre-facelift, Chrysler-badged Voyager 
						registered in January 2011.
						In 
						E-segment, the new Lancia Thema continues to sell 
						poorly, again failing to crack the segment top 10 and 
						looking unlikely to hit its optimistic sales target of 
						15-20,000 units a year. With the tenth-placed Mercedes 
						CLS recording 102 sales, it means the Thema’s 
						registrations came in below this figure; indeed, the 
						only time the Thema has figured in the monthly sales 
						data has been its debut month on the market last 
						October, when its total included an initial flurry of 
						dealer registrations. The group’s sole representation in 
						terms of top-ranked segment sellers came courtesy of the 
						Jeep Grand Cherokee, which shifted 197 units to rank 
						seventh. Indeed, Jeep had a good month overall, carrying 
						over the strong gains from last year.  It increased 
						37.68 percent year-on-year, and improved its market 
						share from 0.30 to 0.50 percent. This translated into a 
						188-unit increase in overall registrations, numbering 
						687 overall (these figures also include small remaining 
						stocks of Dodge vehicles).  
						Of 
						the niche Fiat Group brands, Ferrari suffered a tough 
						month, shifting only 26 458 Italias (compared to 55 last 
						January), although this was sufficient to place it 
						fourth in F-segment. The Prancing Horse also recorded 10 
						registrations for the new FF, but the marque’s 
						California slid precipitously, falling out of the 
						segment top 10 (from sixth place and 32 registrations 
						last January). Maserati also struggled, with sales of 
						the GranTurismo coupe dropping from 23 to just 8 
						year-on-year.
						
						Overall, Ferrari dropped by 56.25 percent year-on-year, 
						dropping from 96 registrations to 42. Figures were also 
						down overall at Maserati, the Trident dropping to 18 
						units from 34, translating into a loss of 47.06 percent 
						year-on-year. Lamborghini, meanwhile, lost a third of 
						its meagre sales tally year-on-year, slipping from nine 
						to six units. Finally, DR Motor saw a continuation of 
						the recent collapse in demand for its CKD-assembled 
						vehicles sourced from China’s Chery. Sales dropped 82.66 
						percent, from 548 registrations to just 95. It reduced 
						DR Motor’s overall market share from 0.33 percent to 
						just 0.07.