18.01.2013 FIAT GROUP ENDS DIFFICULT YEAR IN EUROPE WITH FALLING SALES THROUGH DECEMBER

FIAT PANDA 4X4 2013

The Fiat brand sold 37,310 cars last month across Europe a fall of six thousand units and 14.7 percent when compared to December 2011. That however beat the market and allowed Fiat to keep its December market share steady on 4.4 percent. Photo: Fiat's newest product, the Panda 4x4, seen at last month's Bologna Motor Show.

Fiat Group ended 2012 on a low note in Europe, mirroring the overall market's sales fall the Italian carmaker dropped 17.9 percent year-on-year last month to 50,653 units while for the full year it rested on 798,542 units, down 15.8 percent.

According to European automobile manufacturer body ACEA, 838,428 new passenger cars were sold in Europe (EU27+EFTA) during December, a fall of one hundred and sixty thousand units and 16.0 percent on the final month of the previous year.

Fiat Group slightly underperformed the overall market as it lost eleven thousand units year-on-year in December. That trimmed its market share down from 6.2 percent in December 2011 to 6.0 percent last month.

However Fiat Group's December fall of 17.9 percent actually gave it one of the softest landings amongst its peers in the main nine car making groups exposed in Europe: Bigger losers in year-on-year terms were Ford, which was down 27.3 percent, while GM (-27.0 percent), Toyota (-20.9 percent), Renault (-19.4 percent), and PSA Peugeot-Citroën (-18.8 percent) all underperformed Fiat Group in Europe last month.

The Fiat brand sold 37,310 cars last month across Europe a fall of six thousand units and 14.7 percent when compared to December 2011. That however beat the market and allowed Fiat to keep its December market share steady on 4.4 percent.

Lancia ended the last month of the year losing a quarter of its sales (-24.2 percent) as it dropped to 5,584 units, but kept its market share steady on 0.7 percent. Alfa Romeo saw its sales plunge once again during the final month of 2012, it was down three thousand units and 36.5 percent to 5,176 units.

The niche brands had a mixed December: Jeep was the only Fiat Group brand to enjoy black ink on its sales data, up 11.4 percent to 2,363 units, while the two luxury/performance brands, Ferrari and Maserati, lost more than a third of their sales combined, dropping to 220 units.

For the full year of 2012, a total of 12,527,912 new cars were sold in Europe according to ACEA. That was a fall of 7.8 percent when compared to 2011.

After dropping below the one million unit threshold in 2011 it got even worse for the troubled Fiat Group in 2012 as it slumped 15.8 percent and one hundred and fifty thousand units, a year-on-year fall that was double the overall market's drop. Fiat Group, which saw its market share slip to 6.4 percent last year (7.0 percent in 2011) was also pushed down to seventh place as it was beaten by BMW by less than one thousand units.

The Fiat brand lost one hundred thousand units and 14.9 percent of its sales last year as it contracted to 581,885 units while market share slipped 0.4 percent year-on-year to 4.6 percent.

Lancia, meanwhile, lost ten thousand units and 9.2 percent last year to end on 93,624 units. That only slightly underperformed the overall market and saw its market share slip by 0.1 percent to 0.7 percent.

Alfa Romeo's European sales fade accelerated last year as it shed forty thousand units and 31.1 percent to end 2012 with just 89,962 registrations. That dropped Alfa Romeo's market share from 1.0 percent in 2011 to 0.7 percent in 2012.

Amongst the niche brands, Jeep was up 19.0 percent to 28,263 units while Ferrari and Maserati posted combined sales of 4,808 units, down 29.7 percent.

 

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