07.01.2012 DISMAL DECEMBER FOR FIAT IN ITALY ROUNDS OUT A DIFFICULT DOMESTIC YEAR

FIAT 500 BY GUCCI, MILAN 2011
FIAT 500 BY GUCCI, MILAN 2011
FIAT 500 BY GUCCI, MILAN 2011
FIAT 500 BY GUCCI, MILAN 2011
FIAT 500 BY GUCCI, MILAN 2011

The new fashion-inspired Fiat 500 by Gucci special limited edition has brought its pan-European promotional tour to a conclusion with a public appearance in the city centre of Milan.

Fiat Group has ended the year in Italy with another poor month to cap a dismal year, with its 31,737 registrations in December representing a fall of one-fifth year-on-year, as well as an underperformance of the overall market, which dropped fifteen percent. The data, released by Italian automotive industry trade body UNRAE, reveals that 111,212 new cars were sold in Italy last month, compared to 131,298 during December 2010.

That marked a poor end-of-year performance for the Fiat Group, and those near-32,000 registrations on its key domestic market marked a fall of 19.80 percent when compared to the 39,570 units sold during the same period of the previous year, 2010. That means the Fiat Group’s overall market share drops from 30.14 percent in December 2010 to 28.54 percent last month.

The big problem for Fiat Group Automobiles (FGA), as ever, was its volume Fiat brand. It recorded 22,758 units sold last month, compared to 29,568 in December 2010, representing a fall of 23.03 percent. That lowered Fiat’s December market share down to 20.46 percent, from 22.52 percent in 2010.

The two secondary FGA brands – Lancia and Alfa Romeo – likewise slipped last month. Lancia fell 8.57 percent after selling 5,247 cars, although it comfortably outperformed the overall market. Worryingly, however, that performance was some 500 units down on last year, despite the marque having the benefit of the new-generation Ypsilon, as well as a couple of rebadged Chrysler models. Nevertheless, outperforming the overall market meant Lancia’s total share for December was up from 4.37 percent (2010) to 4.72 percent (2011). Alfa Romeo also slumped last month, down 20.41 percent year-on-year after selling 3,831 cars. Alfa Romeo’s Italian market share for December thus slid from 2.92 percent (2010) to 2.74 percent (2011). Amongst the smaller brands, Jeep was up 68.13 percent after selling 649 vehicles in December, while Ferrari slumped 48 percent to just 13 cars and Maserati remained unchanged on 21 cars.

Across the whole of 2011, a total of 1,748,143 cars were sold in Italy, down 10.88 percent on 2010’s full year figure. The Fiat Group sold 515,621 new cars in Italy last year, down more than eighty thousand units and 13.84 percent on 2010. That underperformed the overall Italian market and meant the group’s market share dropped from 30.51 percent in 2010 to 29.50 percent in 2011.

The Fiat brand sold 363,017 cars in Italy in 2011, down some 87,000 units and 10.47 percent on 2010. As a result, its share of all domestic sales slipped from 22.98 percent (2010) to 20.77 percent (2011). Lancia’s 85,552 sales were just under 3,000 units and 3.26 percent down on 2010, and gave it a 4.89 percent share of all sales last year. Thanks to a strong start to 2011, Alfa Romeo ended the year with 58,148 sales, up just over 6,000 units and 12.04 percent on 2010, while its market share for 2011 finished at 3.33 percent. The niche brands had a mixed year – Jeep was up 28.89 percent to 7,920 units, while Ferrari and Maserati both lost ground, the former falling 16.79 percent to 570 units, while the latter dropped 17.03 percent to 414 units.

Elsewhere, DR Motor, which assembles selected models from China’s Chery from CKD kits and is touting heady plans to take over Fiat’s now-closed Termini Imerese factory, saw its December sales collapse 89.9 percent to just 81 cars. DR Motor’s full-year 2011 sales came in at 2,920 cars, down 40.78 percent on 2010. Finally, Lamborghini is suffering from Italian consumers shunning home-grown sports cars, although its rejection by buyers is far worse than those suffered by Ferrari or Maserati – it sold just one car in December, which left it on just 72 sales in Italy for the whole of 2011, down a quarter on 2010.

Fiat’s Punto was once again Italy’s best-selling car in December with 8,456 units registered, putting it narrowly ahead of the Panda, which notched up 8,361 sales. Lancia’s new Ypsilon was fourth with 3,881 sales, while the Fiat 500’s sales took a surprising nosedive to just 2,263 units. That only just kept it amongst the top ten best sellers, in tenth place, while the less-successful 500C version slipped to just 25 units last month. With the recent decline in Alfa Romeo Giulietta sales putting it out of the picture, that meant four FGA models in the Italian top ten for December. The Punto was also Italy’s top selling diesel car for December, with 3,473 sold, while the Giulietta was in fifth, with 1,408 of its sales being oil burners.

Across the entirety of 2011, the Punto remained Italy’s best-selling car, despite a sharp drop in demand. Its final total of 121,963 units kept it clear of the Panda, which ended the year on 115,613 units. The 500 (59,821) was fourth ahead of the Ypsilon (54,824), with the Giulietta (34,958) hanging on in tenth to make it five FGA models in the top ten. The Punto was also the top-selling diesel in 2011, with 52,208 sales.

Looking at the results in more detail, the Panda and 500 again locked out the top two spots in A-segment, while in B-segment, the Punto and Ypsilon placed first and third respectively. Given that a new model is just around the corner, the eight-year-old Panda has held up well, dropping only 23,000 units between 2010 and 2011. The 500 shed some 8,000 units year-on-year, while Fiat’s current problem child, the Punto, slipped 33,000 units compared to last year. The Ypsilon however, thanks to the launch of the new model, put on more than 8,000 units year-on-year. Unfortunately, the new Y is proving a tough sell to retail customers, and in December, its 3,881 sales were up only 113 units on the total managed by the old model in December 2010 – meaning it is falling well short of management’s ambitious targets to double sales. As is now traditional, there was no place in the B-segment top 10 for Alfa Romeo’s MiTo – its sales slide continues, and 976 units last month compared unfavourably to December 2010 when it shifted 1,611 units. The MiTo finished 2011 with 18,345 registrations, more than 7,000 adrift of 2010.

In C-segment, the Giulietta had a decent month, and at 1,864 registrations, it was up more than 600 units on December 2010 – although it has never managed to make a stab at the segment leader, VW’s Golf, which recorded 2,781 sales last month. For the full year, the Giulietta managed 34,955 sales, with the Golf on 49,158. The Opel Astra placed third and the Nissan Qashqai fourth on 30,763 and 30,048 units respectively. But for FGA’s other C-segment contenders, December – as for the year as a whole – marked another disappointing sales chapter. Both finished outside the top 10 for December, the Bravo shifting just 763 units and the Delta even fewer. That left the Bravo on 19,847 units for the full year, finishing seventh in C-segment (down from fifth last year), while the Delta failed to rank inside the top 10, meaning it sold less than 15,500 units for the full year.

In D-segment the Fiat Freemont (Dodge Journey) continues to sell well, aided by sharp pricing. With 1,133 units added in December, it topped the segment, narrowly ahead of VW’s Passat (1,043) and Tiguan (1,008). The Freemont has now notched up 9,983 sales in Italy since it went on sale last year. In E-segment the Jeep Grand Cherokee (187) was fifth, and over the whole of 2011 the American SUV recorded 1,811 sales in Italy. There was a continued no-show, though, for Lancia’s new Thema (a rebadged Chrysler 300). Having failed to break the segment top 10 last month, it repeated that performance in December. Total figures are unavailable, but with the tenth-placed E-segment car (Mercedes’ CLS) selling 84 units last month, it means the Thema managed less than this number.

In F-segment, the Italian luxury/performance brands are struggling to find buyers and only Maserati’s GranTurismo (12) and Ferrari’s FF (9) cracked the top ten, meaning all the other Italian prestige models sold 8 units or less domestically last month. German brands locked out the top five in F-segment in December, with Porsche’s Panamera the top seller, at 53 units registered. For the full year, the Ferrari 458 Italia was the seventh-best seller in the segment with 264 registrations (up from 222 in 2010), with the GranTurismo on 247 units (almost flat on the 251 it sold in 2010) next up. Ninth place went to Ferrari’s California with 187 sales; however, this 2+2 sports car really fell out of favour with Italians last year, as that figure represented only half of the 364 units it managed in 2010.

Elsewhere, the Fiat Sedici added 310 sales last month, although that was significantly down on the same month a year ago when it saw 486 units sold, and dropped it to ninth in the off-roader category. For the whole of 2011, the Sedici recorded 7,698 registrations, a small fall when compared to 8,065 during 2010. Amongst small MPVs, the ageing Lancia Musa continues to plod along well, adding 618 sales last month (958 in December 2010), albeit that it that represented only half the class-topping Opel Meriva’s total. The Musa’s sister, Fiat’s Idea, added 381 sales in December. For the full year, the Musa finished on 14,934 units, while the Idea recorded 5,878 units. That was mixed when compared to the previous year – the Idea largely maintained its sales in a falling market (5,916 in 2010), but the Musa dropped significantly from its 2010 figure of 22,433. In the large MPV class, the new Lancia Voyager (a rebadged Chrysler Town & Country) added 93 units to be the fifth-best seller but down on November’s 112 units. The category was topped by the Peugeot 5008 (360) and the Chevrolet Orlando (201).

Finally, December’s red ink spread even to the ‘Multispace’ category, where Fiat’s Qubo and Doblò both had a difficult month, although they retained their top two positions. The Qubo saw 694 registrations in December, down slightly from 755 during the same period in 2010, but the Doblò’s slumped dramatically, shrinking fivefold from 1,304 sales in December 2010 to just 232 last month. For the entirety of 2011, the Qubo sold 11,551 units (16,078 in 2010) and the Doblò 6,202 units (7,317 in 2010). However, they ran out comfortable category winners in 2011 – the third-placed Citroën Berlingo would up with 2,397 sales, just ahead of its brand sister, the Nemo (2,249).

 

Support Italiaspeed

 

© 2012 Interfuture Media/Italiaspeed