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Auto: European market collapses, Fiat limits the damage

In March, for the 18th consecutive month, the European car market contracted: -10,3% on an annual basis – Fiat limits the damages with a drop of 1,2% and increases its share of market at 6%.

Auto: European market collapses, Fiat limits the damage

The decline of the car market in Europe continues, which in March recorded the 18th consecutive monthly decline, marking a contraction of 10,3% on an annual basis, to 1.346.889. In the first quarter of 2013, the decline was 9,7%, to 3.096.226 units.

Limit the damage to the Fiat group, which limited the decline to 1,2% on an annual basis, thanks to the registration of 80.703 vehicles. In the first quarter, the decline of the Lingotto was 9,1% to 197.806 units, while the Fiat brand grew by 7,7% to 63.149 units over the year. The market share of ingots in Europe has grown to 6%, from 5,4% in March 2012.

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