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.