15.08.2012 FIAT ENJOYS STRONG SALES MONTH IN BRAZIL

FIAT UNO 1.0 ATTRACTIVE (BRAZIL)

Fiat Automóveis enjoyed a strong July for passenger car sales in Brazil, its sales were up a third which also beat the market, while its LCV sales were flat and slightly underperformed the overall market. Fiat comfortably led both of these market sectors in volume terms to retain its outright leadership of the Brazilian market both the month of July and also for the year so far.

In total 281,420 new passenger cars were sold in Brazil last month and Fiat weighed in with 70,111 units, up 32.4 percent and seventeen thousand units year-on-year. That left Fiat with clear daylight at the top of the segment ahead of VW (67,406 units) and GM (49,116 units).

In month-on-month terms Fiat was up six and a half thousand units and 10.4 percent on June which easily outperformed the overall market's 2.0 percent rise for the period as well as VW which was up 8.0 percent from June to July.

For the year-to-date 1,559,092 new passenger cars have been sold in Brazil, up 4.2 percent on the same period last year. Fiat meanwhile has 357,804 sales for the first seven months of the year, up just over fifteen thousand units and 5.2 percent year-on-year. That also keeps Fiat four thousand units ahead of VW (353,147 units YTD) which is up 5.5 percent while third placed GM (293,537 units YTD) is a distant third and down 1.6 percent.

Meanwhile the Brazilian sector reserved for Light Commercial Vehicles (LCV) was up in July by 6.9 percent, although it enjoyed a much smaller bounce than the passenger car segment. In total 69,804 units were sold in July. Fiat sold 14,019 LCVs in Brazil last month which was down four hundred units and 2.9 percent year-on-year but outperformed the overall market and allowed it to remain the clear segment leader. VW however had a rosy month, its LCV sales were up 22.2 percent to 11,325 units.

In month-on-month terms the LCV sector was up 7.9 percent in July versus June. Fiat performed well under this criteria, up a market beating 19.7 percent while VW also turned in a very similar rise, up 20.6 percent. Third placed GM was up 5.3 percent in July versus June.

For the year-to-date a total of 423,880 LCVs have been sold in Brazil, down 1.4 percent on the same period last year. Fiat is the clear LCV leader over the first seven months of the year with 88,096 units and also follows the market direction, it is down 3.8 percent. Second placed VW is on 63,982 units for the year-to-date, and again mirrors the market's flat trend, it is down 0.9 percent.


 

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