19.06.2012 FIAT GROUP SEES SALES CONTINUE TO FALL DURING MAY

FIAT PANDA 2013

Fiat Group continued to be amongst Europe's biggest losers during May as its 82,501 sales equated to a fall of 12.1 percent against the overall market which dropped by 8.4 percent. In total 1,150,434 new cars were sold across Europe last month, taking data for the EU member nations plus the EFTA signatories, according to Brussels-based automotive industry body ACEA.

With a decline of eleven thousand units last month when compared to May 2011, Fiat Group saw its market share slip by 0.3 percent year-on-year to 7.2 percent. That 12.1 percent drop in year-on-year terms, Fiat Group did however outperform PSA Peugeot-Citroën (-19.6 percent), Renault (-12.8 percent) and Ford (-12.6 percent), and in fact the only carmaker amongst the big nine to enjoy a positive sales month was Toyota, up 13.2 percent year-on-year.

The Fiat brand sold 60,503 cars in Europe last month, down eight thousand units and 11.7 percent year-on-year meaning its market share was down by 0.2 percent to 5.3 percent. Lancia (which includes Chrysler's UK and Ireland sales in its sales data) bucked the overall downward trend and its 9,756 registrations was up 104 units and 1.1 percent to keep its market share unchanged at 0.8 percent. Alfa Romeo's difficult 2012 continued, its 9,111 sales was down nearly four thousand units and 29.7 percent, the second worst performance of any brand in Europe (after Mitsubishi, -34.0 percent) and its market share contracted 0.2 percent to 0.8 percent year-on-year.

The Fiat Group's niche brands had a mixed month of May, Jeep was up 31.7 percent, the third best performance of any brand in Europe in year-on-year terms, albeit to just 2,626 units, while Ferrari and Maserati sold a combined 505 units, down 30.3 percent.

After the first five months of the year a total of 5,641,371 new passenger cars have been sold in Europe, down 7.3 percent on the same period last year. Fiat Group has 375,795 registrations for the year-to-date, down 16.6 percent on the same period last year. That leaves Fiat Group as the second poorest performer from the top nine groups with Renault (-19.4 percent) holding the wooden spoon. Fiat Group's market share for the year-to-date slips from 7.4 to 6.7 percent year-on-year.

Fiat brand has 269,430 registrations so far this year, and when compared to 326,851 during the same period last year that's a fall of 17.6 percent. As a result its market share for the year-to-date slips from 5.4 percent to 4.8 percent year-on-year. Lancia (which includes Chrysler's UK and Ireland sales in its sales data) has 46,384 sales for the year-to-date, virtually flat (+1.1 percent) year-on-year and that comfortably outperforms the overall market and keeps its share unchanged at 0.8 percent. Alfa Romeo is on 45,070 units after five months, a slump of twenty thousand units and 31.3 percent when compared to the January to May period last year and its market share is down by 0.3 percent to 0.8 percent year-on-year. Along with struggling Mitsubishi (-31.9 percent), Alfa Romeo is the biggest losing brand in Europe for the year-to-date, a stark contrast to its successful first three quarters of the 2011.

Amongst the Fiat Group's niche brands, Jeep is up 46.8 percent to 12,423 units, the best performing brand in Europe for the year-to-date in year-on-year terms. Ferrari and Maserati have sold a combined 2,488 cars which is down 36.9 percent compared to the same period last year.
 

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