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The car restarts: European market +7,3%, FCA above average (+11,9%)

The performance of the Jeep brand was particularly significant in February, with sales up 200% – Fiat (+5,5%), Lancia/Chrysler (+5,8%) and Alfa Romeo (+3,3%) also doing well .

The car restarts: European market +7,3%, FCA above average (+11,9%)

Il car market continue along the road to recovery e Fiat-Chrysler scores a better result than that recorded by the average of the other car manufacturers. This is what we learn from the official data published today by That, which essentially confirm the numbers anticipated yesterday from IHS Global Insight.

According to the European Builders' Association, car registrations in Europe grew by 7,3% in February on an annual basis, at 924.440 cars. This is the eighteenth consecutive month with the positive sign. Rises on all the major markets: in the lead is the Spain (+ 26,1%), followed by Italy (+ 13,2%), Britain (+ 12,0%), Germany (+ 6,6%) and French (+ 4,5%).

In this context, last month fca scored one sales growth of 11,9% year on year, to 65.060 cars. The group's market share also increased, rising from 6,8% to 7,0%. The performance of the brand is particularly relevant Jeep, which marks a +200% of sales, to 6.066 cars. Well too Fiat (+ 5,5%), Lancia / Chrysler (+ 5,8%) and Alfa Romeo (+ 3,3%).

In the European Union plus the EFTA countries (Iceland, Liechtenstein, Norway and Switzerland), FCA group sales rose by 11,2% in February to over 66 cars, with a market share that rose from 6,6% to 6,9%.

Fiat-Chrysler registrations increased in all major European countries, with double-digit increases in Spain (+ 40,9%), Britain (+10,8%), e Italy (+13,4%). Positive data also in Germany (+ 9,6%) and French (+ 8,9%).

In the former two months of 2015FCA sales rose by 8,6% compared to the same period of 2014, to around 130 cars, with a market share rising from 6,4 to 6,5%.

This morning, one hour after the start of trading, the FCA stock gained 0,82%, to 15,93 euros. During yesterday's session, the value of the shares had managed to exceed the psychological threshold of 16 euros, registering an increase of around 68% since the beginning of the year.  

In addition to the results in terms of sales, the group's prices take advantage of the long wave of hypotheses put forward last week by CEO Sergio Marchionne, who had spoken of possible agreements with other big names in the sector such as Volkswagen o Peugeot . But the market's spirits are also warmed by the hypotheses on theFerrari IPO, which could obtain a valuation of more than 7 billion euros.

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