The crisis in the car industry in Europe shows no sign of stopping and it is above all Fiat that pays the price. Data on sales of new vehicles in France have been released, which in March fell overall by 23,5% compared to the same period of the previous year. But even worse it went for the Lingotto which, with only 6.447 new registrations, marked a drop in sales of 33,9%.
Alfa Romeo also gave way, which decreased by 28,9%, while Lancia sales grew by 122%, even if the numbers remained very low (586 units sold). So the decline overall market share of the Italian group, which went from 3,8% to 3,29%.
While awaiting the Italian sales data, which will have to deal with the overall drop of 16,9% in January (16,9% also for Fiat) and with the -18,94% in February (-20% Fiat), the share of the first brand of the Lingotto collapsed in Piazza Affari, marking, in mid-morning, a drop of 3,81%, signaling itself as one of the worst titles in the Italian list.
A drop of this magnitude can also be explained in the light of the declarations by CEO Sergio Marchionne who, last Friday, had defined the month of March as "horrible" for the car market in Italy, going so far as to fear a drop close to 40% of registrations of new volumes.
