Fiat
Group suffered another month of sharply declining sales
in Italy last month, dropping 20.23 percent year-on-year
to 37,016 units, in the process slightly underperforming
the overall market, which fell 18.94 percent. In total,
130,661 new cars were sold in Italy during February,
according to industry trade body UNRAE, which was
some 30,000 units down on the same month in 2011.
The
Fiat Group posted sales of 37,016 units for February.
When compared to the figure of 46,403 recorded during
the same period last year, that represented a fall of
over a fifth. That was slightly greater than the overall
market’s decline, and meant the group’s share of its
domestic market edged downwards once more, from 28.79 in
February 2011 to 28.33 last month.
The
Fiat brand was the big volume loser – its 25,123 units
last month, compared to 32,121 in February last year,
represented a decline of 21.79 percent, and its market
share for the aforementioned periods contracted from
19.93 percent (2011) to 19.23 percent (2012).
On
the plus side, Lancia bucked the market thanks to the
steadying hand of the new Ypsilon, as well as an
impressive month for the ageing Musa. Its performance of
7,073 registrations was only around 300 units down on
the same month last year, and added up to a soft fall of
4.11 percent. That market-beating performance meant
Lancia’s share of sales for February jumped from 4.58
percent (2011) to 4.58 percent (2012).
But
against this pleasing performance, Alfa Romeo had a
shocking month, losing more than a third of its sales,
as the MiTo sank and the Giulietta lost ground. Its
4,041 units sold last month was down 35.54 percent on
February last year when sales came in at 6,269 units.
In
year-on-year terms, Jeep was the best performer from
Fiat Group Automobiles (FGA) as its 747 sales last month
was up 37.32 percent when compared to 544 registrations
during February 2011. However, despite these gains, the
off-road brand remains only a nominal player in the
Italian market – its performance delivered a market
share of 0.57 percent.
The
Fiat Group’s two luxury/performance brands, Ferrari and
Maserati, both endured a dismal February. The Trident
fared the worse as its sales collapsed: just 5
registrations, compared to 33 during the same month last
year, added up to a fall of 84.85 percent. Ferrari
managed to sell 27 cars, less than half what it managed
during the same month a year ago, when sales totalled 60
units. That amounted to a year-on-year slump of 55
percent.
After the first two months of the year, the Italian new
car market has seen 268,240 new cars sold, a fall of
17.78 percent. Fiat Group has recorded 77,559 sales, and
when compared to the 95,187 registrations it managed
during the first two months of last year, it represents
a fall of 18.52 percent – essentially mirroring the
overall market’s drop. As a result, Fiat Group’s market
share for the year-to-date slips from 29.71 percent
(2011) to 28.91 percent (2012).
After just two months of the year, the Fiat brand had
shed some 13,000 sales and sits on 53,524 units for the
year-to-date, compared to 66,549 for the same period
last year – a fall of 19.57 percent. Consequently, its
YTD market share has declined from 20.40 percent in 2011
to 19.95 percent this year.
Lancia has secured 14,076 registrations after two months
of the year – down slightly on the same period last
year, when it sold 14,529 cars. That represents a drop
of 3.12 percent. However, the brand has comfortably
outperformed the overall market, and as a result its
market share climbs from 4.45 percent during the
equivalent period last year, to 5.25 for the first two
months in 2012.
Alfa Romeo is enduring its usual yo-yo-ing sales
pattern, and February’s result followed January’s in
surrendering the gains of last year. Claiming 8,433
sales for the year to date, compared to 12,843 during
the same period last year, represented a fall of 34.34
percent, leaving the brand as easily the worst performer
in the FGA stable across 2012 thus far.
Looking at the results in more detail, it becomes
apparent a recently-unveiled facelift for Fiat’s Punto
has failed to arrest the continued slide in this core
model’s sales fortunes so far. It shed 3,766 units from
last February’s total of 10,820, representing a decrease
of 34.81 percent – far higher than the overall decline
in B-segment of just under 20 percent. The decline was
not entirely set off by the small rise in deliveries
recorded by the Panda nameplate, which on the back of
the new model rose from 9,468 to 10,014 units (+5.77
percent) year-on-year. Also registering a modest rise in
overall deliveries on the back of a new model was
Lancia’s Ypsilon, which added 458 units to last
February’s 4,091 registrations to wind up second in
B-segment, on 4,549 (+11.20 percent).
However, the fashionable Lancia’s performance was
undermined by a collapse in sales for its Fiat
platform-mate, the 500. From being the
third-best-selling model in Italy this time last year,
behind only the Punto and Panda, the 500 shed more than
57 percent of its volume, relegating it outside the top
10 overall nameplates. As the volume leader, the
hatchback’s decline of more than 55 percent (3200 units)
accounted for the majority of the fall in overall terms,
but matters were not helped by the difficult performance
as usual from the cabrio, which accounted for only 74
units in total – a fall of more than 82.5 percent
year-on-year. As a result, and despite the arrival of
the new Panda, Fiat’s overall market share in A-segment
declined from 55.90 to 54.66 percent.
For
the sporty Alfa Romeo brand, it proved a dispiriting
month, with the decline headed by the brand’s MiTo
supermini. Like the Punto on which it is based, the MiTo
is now ageing against fresher rivals without a makeover
in sight, and this fact is reflected in its sales, which
continued their downward trend. It lost 927 units
year-on-year, or 43.83 percent. The C-segment Giulietta
fared somewhat better, retaining its second place in
C-segment, albeit by a mere two registrations from the
new Ford Focus. Shifting 2,750 units, it dropped 25.80
percent year-on-year, against the segment’s average
decline of 19.85 percent year-on-year. Together, the
MiTo and Giulietta accounted for 3,938 of Alfa’s sales,
with the remaining hundred or so units accounted for by
runout stock of the D-segment 159.
Elsewhere in C-segment, the supposedly mainstream Fiat
Bravo shifted just 1,433 units, down 50.71 percent on
February 2011’s 2,907 registrations. That pushed it from
fourth in the segment to ninth. The Lancia Delta,
meanwhile, continued to record a steady sales
performance, notching 1,100 registrations.
But
while Lancia’s Italian-developed models maintain
consistent sales performances, its range of ‘Imported
from Detroit’ rebadged Chryslers, rushed to market as
stop-gap ‘range fillers’, continue to attract little
enthusiasm from Italian consumers. As usual, the Thema
failed to notch sufficient registrations to make the
E-segment top 10. Having recorded just 75 registrations
in January, this figure slipped to 66 in February,
rather undermining Fiat management’s argument that the
Thema’s arrival in showrooms would help provide a
meaningful boost in volume for struggling Lancia
dealers. It seems unlikely these volumes will see a
significant boost in the near-term, despite the Geneva
unveiling of two more rebadged Chrysler variants – an
all-wheel-drive version of the Thema, and the D-segment
Flavia convertible. The Voyager MPV, meanwhile, added
114 registrations, placing it fifth in the large MPV
category and fourth for the year-to-date.
In
the mini-MPV category, the Lancia Musa recovered from a
poor January to reclaim segment leadership, shifting
1,244 units. While this represented a decline from
February 2011’s 1,674 registrations, in percentage terms
it amounted to a drop of 25.69 percent, just a touch
over the segment average of 24.97 percent. This
performance easily bested its main rival, the
second-placed Opel Meriva, which shed 1,435 units (57.49
percent) year-on-year. The Musa’s stablemate, the Fiat
Idea, notched 597 registrations to place fifth in the
segment. Both the Idea and Musa also retain those
monthly positions in the year-to-date rankings.
Consistent performances were also notched by Fiat’s
offerings in the ‘Multispace’ category, where the Qubo
and Doblò assumed their traditional first and second
places, shifting 831 and 348 units respectively. For the
year to date, the Qubo has secured 1,897 registrations
(up on 2011’s 1,788), while the Doblò’s 663
registrations mark a slight decrease from its figure of
767 in the equivalent period last year.
Elsewhere, with the Sedici fast fading from the
four-wheel-drive segment, the Freemont AWD recorded 438
registrations as dealers across Italy took delivery of
showroom stock. These contributed to the Freemont’s
overall total of 1,575 registrations, putting it top of
D-segment for the month and second for the year to date,
sandwiched behind Volkswagen’s Tiguan and Passat models.
Jeep’s Grand Cherokee continues to spearhead the drive
to re-establish the brand’s presence in Italy, shifting
173 units. This put in seventh in E-segment, both for
the month and for the year to date.
In
the elite F-segment, the Maserati brand failed to
register any of its models in the top 10, thus the sole
Fiat Group representation came courtesy of the Ferrari
458 Italia, which notched 14 sales, down 11 units on
February 2011. For the year to date, the 458 has 40
registrations, half its figure at the same time last
year, while the brand’s FF added six registrations to
January’s 10.
Traditional rival Lamborghini reconnected with Italian
buyers, selling 15 cars which, when compared to its four
registrations in February last year, represented a rise
of 275 percent. After the first two months of the year
Lamborghini has 21 sales, up 61.54 percent year-on-year.
Meanwhile, DR Motor saw a continuation of its sales
slump, notching just 71 units last month – a
year-on-year fall of 82.07 percent. For the
year-to-date, DR Motor, which harbours ambitious hopes
to utilise Fiat’s former factory in Termini Imerese,
Sicily, has 179 sales, down 81.04 percent on the same
two months last year.