Nightmare morning for the Fiat Stock Exchange. The shares of the Lingotto opened sharply lower, until being suspended. They were re-entered shortly after, posting a loss of more than six points. By mid-morning the red had almost halved, but remained above three and a half points.
The stock's performance is primarily linked to the latter rumors about a possible capital increase by the Turin-based company to finance the acquisition of 41,5% of Chrysler and thus get to own 100% of the Detroit giant. No denials have been received from the company.
Even the last ones weigh on Fiat shares Acea data on registrations. In November, the Lingotto registered 59.152 cars, recording a decrease of 12,8% compared to the same month in 2011. There was also a slight decrease in market share, which decreased from 6,3% to 6,1%. In 11 months, the Turin company's sales decreased by 15,6%, to 747.956 new cars, with a market share that decreased from 7% to 6,4%.
The Turin company specifies that “the Fiat brand was heavily penalized by the negative result of the Italian market (-20,1%), but improved in Germany, the United Kingdom, Spain, Belgium and Switzerland. Jeep has grown in Germany, France, the UK and Spain. Panda is once again clearly the best-selling car in segment A, with a share of almost 17% in November. Together with the 500, which has a share of 10,75%, the share of the two cars in the segment is 28%”.
