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Auto, EU: February sales +8%, Fiat +5,6%

Italy's recovery was higher than the average (+8,6%) – As for the Fiat group, growth on an annual basis fell to 1,6% in the first two months – The market share of Lingotto in the EU is dropped to 6,7%, against 6,9% in February 2013.

Auto, EU: February sales +8%, Fiat +5,6%

In February the European car market closed for the sixth consecutive month of growth. According to Acea data released this morning, registrations in the EU increased by8% on an annual basis, while in the first two months of 2014 the increase was 6,6%, for a total of 1.796.787 units. The ascent ofItaly was above average (+8,6%), while France was the only important market to record a decline (-1,4%). The United Kingdom (+3%), Germany (+4,3%) and above all Spain (+17,8%) recorded positive changes. 

As for the group Fiat, in February registrations increased by 5,6% compared to the same month last year, while extending the gaze to the first two months, the growth on an annual basis is reduced to 1,6% (116.604 new cars registered). Although positive, these results are not enough for Lingotto to maintain its reputation market share in the EU, which fell to 6,7% last month, against 6,9% in February 2013. In the first two months of 2014, the figure stood at 6,5%, from 6,8% in the January period -February 2013.

Fiat Chrysler Automobiles let you know that in February Pandas and 500 they were the best-selling city cars in Europe (together they achieved a 29,9% share in segment A), while the 500L was the best-selling in its segment with a 20,5% share. In addition to the growth recorded in Italy (+7,6% sales), FCA achieved positive results in France (volumes up by 1,9% in a market that is losing 1,4%), in the United Kingdom (+ 14,4% compared to +3,1% in the market) and especially in Spain, where in a market that grew by 17,8%, Fiat Chrysler Automobiles increased its sales by 50,5%.

This morning at the opening of Piazza Affari, the Fiat share lost 0,8%.

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