After so many months of extension, the American car market pulls the handbrake. General Motors fell 2,92% after announcing a 5,8% drop in sales in April. Ford fell 4,42% on a 7,2% drop in sales. Fiat Chrysler fell 4,1% after posting a 7% drop in sales in the US in April.
After a long streak of increases, the Italian market is also slowing down. Yesterday evening, with the markets closed, the data for the peninsula were in fact announced: for the first time in three years, the car market is showing a slight sign of slowing down. In April, 160.359 cars were registered, with a variation of -4,62% compared to April 2016 (after +18,16% in March).
FCA registered 46.900 cars, i.e. 4% less than last year for a share of 29,2%, up by 0,1%. In detail, the decline of the Fiat (-5,97%) and Lancia (-15,52%) brands was partially offset by the +46,63% of Alfa Romeo. Sales of Chrysler, Jeep and Dodge cars were substantially stable (-0,42%).
Returning to the market trend in general, 352.676 transfers of used car ownership were recorded in April, -12,34% compared to April 2016. In April 2017, the global volume of sales (513.035 cars) therefore concerned 31,26% new cars and 68,74% used cars.
The other big European companies also fell (index for the sector -0,9%): Volkswagen lost 0,9%, Daimler fell by 0,9%.
