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FCA still beats the market, the title goes up on the stock exchange

In October, Fiat-Chrysler recorded an increase in sales of 7,7% on the year, against the +2,7% of the European market - Volkswagen, Psa and Renault bad, Daimler and BMW good

FCA still beats the market, the title goes up on the stock exchange

Even in October fca beats the European car market. Last month the group sold over 70 cars in Europe, an increase of 7,7% on the year. In the same period, according to data released this morning by Acea (the association of European automobile manufacturers), registrations increased by 2,7% on average for the continental market (the worst performance since the beginning of the year). In the wake of these numbers, the FCA share on the Stock Exchange gains 1,77% today at 12,67 euros.

Since the beginning of the year, Fiat-Chrysler has recorded over 738 thousand registrations in Europe with an increase of 12,9% compared to the same period of 2014 and against a +8,2% of the market. FCA's market share also grew, going from 5,9% to 6,2% both in October and in the final balance for the first 10 months.

As for individual brands, Fiat sees registrations increase by 8,6% in October and by 10,4% in the 10 months. The performance of the brand is still remarkable Jeep, with a leap of 70% in October and a +145% since the beginning of the year.

Territorially, in October the group recorded +7,5% in Germany, +5,5% in France and +6,2% in Great Britain. In Spain, registrations of FCA brands rose by 16,9% last month and by 27,7% in the 10 months. 

Negative October instead for Volkswagen, which however limits the damage, recording a contraction in sales of 0,8% on an annual basis. French houses are also down A dog e Renault, while driving the car market of the old continent were (in addition to FCA) Daimler e bmw. Since the beginning of the year, car registrations in Europe amount to almost 12 million vehicles, with an increase of 8,2% over the first 10 months of last year.

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