The European car market continues to sink, with a decline in September (the twelfth consecutive) in new registrations of 10,8% compared to the same period of the previous year, at 1.099.264 new cars. This was communicated by Acea (European Association of Car Manufacturers), which adds that the decrease in the last nine months was 7,6% to 9.368.327 registrations.
One of the push ups the heaviest is that recorded in Italy, -25,7%. Worse than us was only Spain whose drop was 36,8%, but bad performances of the car market were also seen in Germany (-10,9%) and France (-17,9%). In the calculation of the nine months between January and September, registrations grew only in Great Britain (+4,3%), and suffered a decrease in Germany (-1,8%), Spain (-11%), France ( -13,8%) and in Italy which, with its -20,5%, marks the most important drop among the large European countries.
Acea then recorded, again for the month of September, the data on Fiat sales in the European Union, down by 18,5%, to 65.925 cars, compared to the same month in 2011. The market share is also decreasing, going from 6,5% to 6% in the space of a year.
In the first nine months of the year, however, the decline in new Fiat registrations was 17,3% to 609.264 cars. The market share in the same period of the previous year was 7,3% against the current 6,5%.
Lingotto commented on its results in a note, contextualizing its downturn within a market, the car market, generally in crisis, a crisis weighs even more "on the Italian market, whose losses are significantly greater than the European average".
