11.10.2010 NO RESPITE FOR FGA IN THE UK AS SEPTEMBER SALES FALL DOUBLES THE MARKET'S DECLINE

FIAT 500 SPORT

The Fiat brand, which is suffering from the decline in consumer demand for small cars, saw a total of 9,366 registrations last month in the UK and that mean the Turinese car maker was down 20.03 percent on the same month last year (11,712 units in September 2009) and thus its overall UK market share shrank from 3.18 to 2.79 percent year-on-year.

ALFA ROMEO GIULIETTA MULTIAIR 1.4 TB TURBO

The year-on-year fall at Alfa Romeo in September was also very similar to Fiat's, the 'sports' brand lost 20.58 percent after selling 1,571 cars last month compared to 1,978 a year ago, and demand for the new C-segment Giulietta hatchback couldn't compensate for a decline in interest in the brand's other models.

There was no respite in the UK for Fiat Group Automobiles' Europe-wide sales slowdown this year as both the Fiat and Alfa Romeo brands lost more than a fifth of their sales last month meaning their declines were more than double the overall market's slowdown, according to data released by SMMT. Fiat Automobiles in particular has been one of the biggest losers from the ending of state-supported 'scrappage' incentive schemes across Europe as its mostly small car mix of products have since found it very difficult to stand their own ground.
 
Total registrations in the UK fell 8.88 percent in September to 335,246 units against a scrappage-fuelled 2009. The overall market however remains well up, by 7.8 percent, for the year-to-date, at 1,635,659 units. September was 16.3 percent ahead of last year if the 'scrappage' scheme is excluded, and was also on a par with 2008. For the full year, the UK market is expected to steady hold at two around million units, according to SMMT, putting it up marginally on 2009. Fleet, diesel and alternatively fuelled cars all posted growth in September.
 
The Fiat brand, which is suffering from the decline in consumer demand for small cars, saw a total of 9,366 registrations last month in the UK and that mean the Turinese car maker was down 20.03 percent on the same month last year (11,712 units in September 2009) and thus its overall UK market share shrank from 3.18 to 2.79 percent year-on-year. The year-on-year fall at Alfa Romeo in September was also very similar to Fiat's, the 'sports' brand lost 20.58 percent after selling 1,571 cars last month compared to 1,978 a year ago, and demand for the new C-segment Giulietta hatchback couldn't compensate for a decline in interest in the brand's other models. Its market share shrank from 0.54 to 0.47 percent year-on-year. Abarth however was a bright spot for FGA, the Scorpion's 244 units last month, compared to 212 during the same period a year ago, added up to a year-on-year rise of 15.09 percent allowing it to comfortably outperform the overall market's fall of 8.88 percent.
 
The September market for the new ‘60’ plate cars was actually 1 percent better than SMMT had predicted in July, but still was the second lowest volume for the month since 1999 when twice yearly registrations were established. The market over the past 12 months has risen 14.0 percent, or over 250,000 units, to 2.11 million new cars. However, over the past three months, demand has fallen 11.0 percent, or over 65,000 units, reflecting the end of scrappage.
 
For the year-to-date Fiat Automobiles has seen 43,858 units registered in the UK and that is more than one-and-a-half thousand units ahead of the same nine month period last year (42,294 units Jan-Sep 2009) which means the brand is still positive for the year-to-date (+3.70 percent) although that result is less than half the the overall market's performance. Fiat's UK market share thus slips from 2.79 to 2.68 percent year-on-year. Alfa Romeo is on 6,106 units for the year-to-date, down more than a thousand units on the same period last year (7,135 units Jan-Sep 2009), and that adds up to a 14.42 percent year-on-year fall for the year-to-date while its market share correspondingly contracts from 0.47 to 0.37 percent year-on-year. Abarth's rosy September, albeit on tiny volumes, adds to a positive picture for the Scorpion brand for the year-to-date, and it has amassed a total of 1,154 registrations for the first three quarters of the year compared to 973 units during the same period last year; that in turn adds up to a year-on-year rise in sales of 18.60 percent for the year-to-date and an increase in its UK market share from 0.06 to 0.07 percent.
 
The Chrysler Group, now 20 percent owned by Fiat Group, continued to see its sales shrivel away in the UK, although its presence on this market is at the moment just nominal. The Chrysler brand, which Fiat Group ambitiously hopes to retain as a full-liner in the UK in the future, saw its sales slump to just 289 units last month from 681 during the same period last year, a year-on-year fall of 57.56 percent. Dodge, which now has only a token presentation through just the Journey minivan in the UK, managed 211 sales last month compared to 773 a year ago, a fall of 72.70 percent year-on-year. The 'off road' Jeep brand also saw UK consumers shun its products last month, although it did outsell its two sister brands, and 383 units in September compared to 560 during the same month last year added up to a fall of just under a third (-31.61 percent). Combined together the Chrysler Group took a quarter of a percent of all UK sales for the month just gone. For the year-to-date in the UK the Chrysler Group's position is just as bad versus a positive market: the Chrysler brand has 2,184 units year-to-date and is down 43.24 percent year-on-year, Dodge is on 737 units, down 65.09 percent, while Jeep's 1,614 units after the first three quarters of the year means it has lost 11.56 percent compared to the first nine months of last year.
 
“Despite an 8.9 percent fall in September registrations, demand for new cars has stabilised and will end 2010 slightly up on last year," comented Paul Everitt, SMMT chief executive. “It is important that alongside government’s austerity measures, the comprehensive spending review signals a strong growth agenda to boost consumer and business confidence.”
 

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