04.07.2012 FIAT AND THE ITALIAN MARKET DOWN A QUARTER DURING JUNE

FIAT PANDA 2012

Thanks to the arrival of the new model which is propping up sales, the Fiat Panda was comfortably Italy's best selling car last month with 10,930 sales compared to the second placed Fiat Punto which notched up 7,974 units.

Fiat Group wasn't able to ride out another troubled month in Italy as its sales dropped 23.48 percent during June to 39,421 units, although its market share remained virtually flat at just over 30 percent. In total 128,388 new cars were sold in Italy during June, a fall of 24.42 percent, according to automotive trade body UNRAE.

Fiat Group lost twelve thousand units year-on-year in Italy during June, however it mildly outperformed the overall market meaning its share for the month was up 0.37 percent to 30.70 percent.

All the Italian carmaker's portfolio of brands struggled. The Fiat brand was down 24.70 percent to 27,803 units although that kept its market share flat at 21.66 percent, while Lancia was down 12.04 percent to 7,215 units which however easily beat the market and raised its share from 4.83 to 5.62 percent year-on-year. Alfa Romeo was down 29.82 percent to 3,864 units which gave it a 3.01 percent market share for June.

The niche brands also struggled, Jeep was down 35.01 percent to 505 units, while the Fiat Group's two luxury/performance brands, Ferrari and Maserati, both suffered last month. The Maranello sports car maker was down 66.07 percent to 19 cars while the Trident lost 69.39 percent to 15 units.

For the year-to-date a total of 814,179 new cars have been sold in Italy, down 19.73 percent on the first half of last year. Fiat Group has amassed 240,736 sales to the end of June, down 20.12 percent and sixty thousand units on the same period last year. That mirrors the overall market which means its share of all sales is virtually unchanged at 29.57 percent.

The Fiat brand is on 168,038 sales so far this year, down 20.56 percent and forty three thousand units on the first half of 2011 while its market share is similar, at 20.64 percent. Lancia is down 10.63 percent to 43,114 units for the first half of the year with its market share up to 5.30 percent while Alfa Romeo is on 25,519 units which is down 31.32 percent and nearly twelve thousand units on the first six months of 2011 meaning its market share for the year-to-date contracts to 3.13 percent.

The niche brands are mixed after six months of sales, Jeep is flat (+1.30 percent) on last year with 3,826 sales while Ferrari is down 56.40 percent to 177 units and Maserati has lost three quarters of sales (-76.06 percent) to register just 62 sales for the year-to-date.

The Fiat Panda was comfortably Italy's best selling car last month with 10,930 sales compared to the Fiat Punto which notched up 7,974 units. The Fiat 500, with 4,432 sales, made it a top three lockout for the Fiat brand while next up, Lancia's Ypsilon (4,253) made it a top four sweep for Fiat Group Automobiles (FGA). Alfa Romeo's Giulietta (2,777) edged its way into eighth place meaning half the June top ten best sellers were from FGA. The Punto was also the market's best selling diesel car in June with 2,939 versions being specified as oil burners. For the year-to-date the Panda (65,317) is Italy's best seller ahead of the Punto (48,648), Ypsilon (27,521) and 500 (25,102). The Giulietta also makes the first half top ten in ninth with 17,823 sales.

Amongst the segments the Panda and 500 were the top sellers in A-segment during June, the former was up five hundred units year-on-year thanks to the new model while the latter lost three thousand sales compared to the same month last year. The convertible 500C accounted for 476 of the model's total sales. For the year-to-date the Panda sees its sales holding steady, down just a couple of hundred units, while the 500 has dropped over twelve thousand sales.

In B-segment the Punto was the clear leader as usual. But it lost a third of its sales, down four thousand units, year-on-year. For the first half of the year the Punto is also struggling despite a spring freshening up, down almost twenty three thousand units on the same period last year. Alfa Romeo's MiTo has long since fallen away from the B-segment top ten and it managed only 962 sales last month which represented less than half the sales it notched up during the same month last year. The story is the same for the MiTo for the first half of the year as sales have nearly halved to 6,890 units.

In C-segment the Giulietta had an excellent month to top the class, almost matching last June's performance and ending up more than four hundred units ahead of the VW Golf. For the year-to-date the Giulietta is second in C-segment, two and a half thousand units behind the Golf while placing four thousand adrift of its performance during January to June last year.

The Fiat Freemont had a very solid June to top D-segment with 1,431 sales, well ahead of the 621 units it managed during the same month a year ago and more than three hundred units ahead of the VW Tiguan. For the year-to-date the Freemont is on 8,237 sales, just under a thousand adrift of the Tiguan.

In E-segment the Jeep Grand Cherokee added 125 units, a sharp decline over the 235 units that it managed during June 2011. However for the year-to-date the Grand Cherokee is on 963 units, more than double that of the same period last year. The Lancia Thema as usual didn't trouble the E-segment top ten. Meanwhile, the only Italian car to make the F-segment top ten in June was the Ferrari 458 Italia in ninth which added a further 10 sales; it is also the only Italian survivor in the first half of the year top ten, in sixth with 108 sales, 90 units less than it managed during the same period last year.

Elsewhere, the Lancia Musa added 1,133 sales for the month, placing it narrowly behind the Opel Meriva in the class for compact MPVs while the Fiat Idea continues to trickle out sales, adding a further 253 in June. For the year-to-date the Musa tops the category for mini MPV sales with 7,924 units while the Idea has 2,372. In the class for large MPVs Lancia's rebadged Chrysler Voyager was third with 241 sales while for the first half of the year it has added up 847 sales.

In Fuoristrada the Fiat Sedici saw its sales drop by over two thirds to 441 units. Amongst convertibles the new Lancia Flavia weighed in on its first month on sales with 133 units although these are the initial dealer demonstrators for its Italian launch.

Finally, Fiat ruled the roost as ever in Multispace, the Qubo added 1,053 sales in June which was flat year-on-year while the Doblò didn't fare as well, its sales tanked by more than two thirds to 321 units although it continued to comfortably hold onto second spot. For the year-to-date the Qubo is the clear Multispace leader with 6,273 sales, just a few hundred units shy of the same period last year while the Doblò continues to have a difficult 2012, its sales have halved to 2,068 units.


 

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