06.06.2010 FIAT OUTPERFORMS CLIMBING UK MARKET DURING MAY TO POST GAIN OF NEARLY 30 PERCENT

FIAT QUBO TREKKING
FIAT QUBO TREKKING
FIAT QUBO TREKKING

The new more off road capable "Trekking" version of Fiat's people-carrying Qubo vehicle has recent been at the centre of attention during the "WordCamp" event which was held at the end of last month in the city of Milan.

Fiat Automobiles enjoyed a very strong May's sales in the UK, in direct contrast to several other leading European markets such as Germany and Italy, The Italian brand saw its sales surge by nearly 30 percent year-on-year which was considerably stronger than the overall market's 13.52 percent gain. Alfa Romeo however couldn't contribute to the positive picture painted by Fiat and its sales slid by a fifth year-on-year.

Registrations across the UK in May added up to 153,095 units and it means that volumes over the first five months of the year have now risen by 22.0 percent, according to industry body SMMT. The growth however reflects the weakness of the 2009 market, with May volumes still 14.6 percent or 26,177 units down on the 2008 level. The final few "scrappage" registrations continue to feed the market, following the scheme’s closure to new orders in March. The Scrappage Incentive Scheme started on 18 May 2009 and since then has averaged 17 percent of monthly new car registrations. Almost all orders have now been delivered with only 2.7 percent of the May market coming through the scheme.

The Fiat brand collected 4,093 registrations of its cars last month in the UK which was up nine hundred units on the same month last year (3,188 units during May 2009) and that added up to a strong year-on-year rise of 28.39 percent. It also meant that Fiat raised its UK market share for the month from 2.36 to 2.67 percent. Other big year-on-year volume winners aside from Fiat last month in the UK included Volvo (+49.50 percent), Nissan (+47.61 percent), Skoda (+42.96 percent) and Hyundai (+37.77 percent).

Fiat Group Automobiles' (FGA) UK niche brands, Alfa Romeo and Abarth, couldn't replicate the success of Fiat Automobiles or even edge into positive territory in a climbing overall market. Alfa Romeo notched up 549 registrations last month, compared to 683 during the same period a year ago, and that equated to a year-on-year sales decline of a fifth (-19.62 percent) and a shrink in its market share for the month of May from 0.51 to 0.36 percent year-on-year. A good recent run for Abarth was grounded in May too, 96 registrations compared to 111 a year ago, added up to a slump of 17.12 percent.

After the first five months of the year the Fiat brand has seen 24,546 registrations in the UK, up more than 7,000 units on the same period last year (17,197 units January-May 2010) and that adds up to a pleasing year-on-year rise of 42.73 percent. It also means that Fiat increases its share of the UK market from 2.30 to 2.69 percent year-on-year.

Alfa Romeo is very narrowly in positive territory for the year-to-date in the UK with 3,095 registrations, and it is up just over a hundred units on the same five month period of last year (2,977 units January-May 2009) and that adds up to a 3.96 percent year-on-year rise for the year-to-date. However that underperforms the overall market and it means that Alfa Romeo's UK market share for the year-to-date drops from 0.40 to 0.34 percent year-on-year. Abarth, the niche division reserved for sportier Fiat models, has seen 615 registrations for the year so far, and compared to 519 in the same period last year and that adds up to a year-on-year rise of 18.50 percent.

“May was another good month for the UK new car market, although we expect the coming months to be extremely challenging,” said Paul Everitt, SMMT chief executive.  “It is essential that the upcoming emergency budget promotes consumer and business confidence to maintain economic recovery.” Meanwhile alternatively fuelled vehicle registrations rose 195.3 percent to take a 1.1 percent market share in May and diesel demand  rose 21.0 percent reaching 46.9 percent, almost matching its best ever share. Ford’s Fiesta was knocked off the best selling model list for the first time this year, by the Ford Focus. Growth in mini and supermini cars cooled in May, reflective of the rate of gain in previous months. Other segments posted recovery on weak 2009 levels.
 

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