Fiat Chrysler Automóveis Brasil (FCA) endured a rocky February as it missed out on the overall new passenger car market’s 15.5% year-on-year surge and instead its sales dropped by 7.8%.
In total 129,779 new passenger cars were sold in Brazil last month a rise of over seventeen thousand units when compared to the second month of last year.
FCA totted up a total of 15,573 passenger car sales last month which represented a decline on the 16,883 units it sold in the same month last year and also underperformed the rising market.
The Fiat brand added 9,551 sales during February, down 13.8% year-on-year, while the Jeep brand climbed 3.8% to 5,987 units.
FCA was however still the third biggest selling passenger carmaker, with GM (24,403 units) and VW (18,030 units) occupying the top two spots as usual.
For the year-to-date FCA has totted up 36,028 passenger car sales in Brazil which represents a positive performance, up 4.8% year-on-year, although that however misses out on the overall market’s 19.2% sales surge over the first two months of the year.
The Fiat brand has amassed 22,912 sales so far this year, up 1.4% year-on-year, while Jeep is also up as its 13,052 units sold represents a rise of 11.6%.
Meanwhile, the Light Commercial Vehicle (LCV) segment in Brazil enjoyed a robust February, up 9.5% year-on-year to 22,005 units.
Here Fiat continued its dominant segment lead although it’s 7,765 units sold in February missed the LCV sector’s surge, rather it dropped by 0.9% year-on-year. However, Fiat was still far and away clear at the top as the next biggest LCV seller was VW on 4,231 units.
For the year-to-date a total of 48,797 LCVs have been sold in Brazil up 15.4% year-on-year while the Fiat brand is on 17,815 units for the period and that’s up 10.1% on the first two months of last year.
