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.