28.02.2013 FIAT GROUP ENJOY NO RESPITE TO DECLINING SALES AS NEW YEAR GETS UNDERWAY

FIAT 500L

Fiat brand had a decent opening month, of the year, falling 4 percent to 46,899 units (48,843 in January 2012) and that was half the rate of the overall market's decline meaning its share climbed by 0.2 percent year-on-year to 5.1 percent. Photo: New Fiat 500L.

Fiat Group has started the new year in Europe where it left off the previous year with its sales continuing to fall during January and 61,010 cars sold for the month left it down 12.4 percent year-on-year and adrift of the overall market which fell 8.5 percent.

In total 918,280 new passenger cars were sold in Europe (EU27+EFTA) during the opening month of the year according to Brussels-based automotive manufacturer trade body ACEA.

Fiat Group meanwhile lost more than eight thousand registrations in January and that pushed its market share down by 0.3 percent year-on-year to 6.6 percent. That left Fiat Group mid pack when it came to its main peer group, with Ford (-25.8 percent), PSA Peugeot-Citroën (-16.1 percent) and Toyota (-16.1 percent) all performing worse than the Italian carmaker last month in year-on-year terms.

Amongst the Fiat Group Automobiles (FGA) brands there was unbroken red ink, however, the Fiat brand had a decent opening month, of the year, falling 4 percent to 46,899 units (48,843 in January 2012) and that was half the rate of the overall market's decline meaning its share climbed by 0.2 percent year-on-year to 5.1 percent.

With sales of the latest-generation Ypsilon tailing off, Lancia suffered a sharp fall last month down 31.7 percent to 6,178 units (versus 9,044 in January 2012). Lancia's January European market share thus slid by 0.2 percent year-on-year to 0.7 percent. Lancia's data includes the Chrysler brand's small number of sales in the UK.

Alfa Romeo continues to prove to be the rotten apple in the FGA barrel, last month dropping a further 36.8 percent year-on-year to 5,638 units, that compares to 8,923 in January 2012. That left its January European market share down 0.3 percent year-on-year to 0.6 percent.

Jeep is FGA's token brand in Europe but it also fell last month, down 14.5 percent to 1,981 units (2,318 in January 2012). That left the American off road brand unchanged on 0.2 percent of the market for January.

Finally the Fiat Group's two luxury/performance brands, Ferrari and Maserati, sold a combined 314 cars last month and when compared to the 479 they sold during the same month a year ago that added up to a fall of 34.4 percent.
 

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