In January, there is still growth for the car market in Europe. Italy doubles, compared to the EU average, and FCA continues its race with better data than the market. The share benefited from this on the Stock Exchange where it rose by 1,15% to 5,74 euros around 10,15 on Tuesday.
In January, according to data released on Tuesday morning by Acea, 28 cars were registered in the 1.061.150 national markets of the Union, with an increase of 6,3% (twenty-ninth consecutive monthly growth). “The growth of the car market therefore continues, but slows down – affirms the Promotor Study Center – after a decidedly positive 2015 for the European Union (+9,3%), but also for sales in the entire world market with registration record in very important countries such as the United States, China and India”.
Nonetheless, comforting data that rewards fca: “In January, in a market that grew by 6,3 percent, Fiat Chrysler Automobiles did better with over 72.600 registrations in Europe – says a company release – up 14,5 percent on a year ago. All FCA brands are up: Jeep +32,6%, Fiat and Alfa Romeo +13,9%, Lancia +2,3%. Fiat Chrysler Automobiles' flagship models continue to be highly appreciated by customers: the Panda, 500 and 500L dominate the sales charts in their respective segments, while the 500X and Renegade are consistently among the best-selling cars. Excellent European debut for the Tipo with over 15 orders in the EMEA region".
The contribution of the five largest countries in the area was decisive for registrations in the EU, even if it should be noted that of the 28 national markets of the Union, 23 have the plus sign in January. In particular, in the major countries, substantial growth was recorded in markets that are still far from pre-crisis levels, such as that Italian, where registrations grew by 17,4% and Spanish (+12,1%). More contained are the increases in the other three major markets, namely Germany, the United Kingdom and France, where the impact of the crisis that began in 2008 was more contained than in the countries of the southern band of the euro area. In particular the German market, after an increase of 5,6% in 2015, it grew by 3,3% in January; The French market, after a growth of 6,8% in 2015, grows by 3,9% and the UK market, which in 2015 had recorded a record number of registrations, grew by 2,9%.
The figure for the first month of the year certainly does not allow us to anticipate assessments of the possible trend for the whole of 2016. However, the Centro Studi Promotor underlines that the growth rate with which 2016 begins, while appreciable, is decidedly lower than that of the entire 2015 (+9,3%), which had made it possible to halve the delay compared to pre-crisis levels, a delay which at the end of 2014 was still 19,41% and which was reduced to 11,94% in 2015. The January result was probably affected by the uncertainties on the global economic situation and in particular by the turbulence on the financial markets. Obviously these elements have a greater impact on the markets which have already completely or almost completely recovered the delay on pre-crisis levels. In markets, such as those of Italy and Spain, for example, still heavily penalized by the economic difficulties that began in 2008 and also, and above all, by the economic policy of the euro area, the impact of the economic situation appears to be less. Confirmation of this assessment also comes from the analysis carried out by the Promoter Study Center on registrations in the countries of the euro area and the non-euro countries of the Union. In January, the euro area grew by 6,8%, while the non-euro area grew by 4,6%.
As always, the data released by Acea also concern the three countries in the EFTA area, ie Iceland, Switzerland and Norway, which overall recorded a growth of 9,5% in January.
