FCA continued to post sales gains in Europe during the summer months, with Group sales up 9.8% year-over-year in August and 1.4% in July. For the eight months year-to-date, FCA sales were up 9.5% versus an average of 4.4% for the industry. August sales were up 41.3% for Alfa Romeo, 11.3% for Lancia and 10.2% for Fiat. The Fiat brand continued to dominate the European A segment, with the Fiat 500 and Fiat Panda holding a combined share of nearly 30.0% for the year-to-date. The Fiat 500L is the best-selling vehicle in its segment with a 24.3% share for the year-to-date. The Fiat Tipo family continues to climb the European rankings with sales up 183.5% so far this year. Continued sales growth for the Giulia and Stelvio is also driving the success of the Alfa Romeo brand.
FCA continued to post sales gains in Europe during the summer months, with Group sales up 9.8% year-over- year in August (+5.5% for the industry) and 1.4% in July. The Group's August sales totaled nearly 52,700 vehicles, with European market share 20 basis points higher at 5.8%.
Year-to-date, sales were up 9.5% (+4.4% for the industry) to more than 741,300 vehicles and market share was 30 basis points higher at 7.0%.
The Group's August sales performance was particularly strong in Italy (+15.6%), France (+17.7% vs. 9.4% for the industry) and Spain (+28.3% vs. 13.0% for the industry).
Fiat brand posted August sales of more than 38,700 vehicles (+10.2% year-over-year) and market share was up 20 basis points to 4.3%.
Year-to-date, brand sales totaled nearly 563,700 vehicles (+9.7% over the same period in 2016 vs. 4.4% for the industry) and market share for the period was up 20 basis points to 5.3%.
In August, the Fiat brand outperformed the industry in both France (+21.1% year-over-year) and Spain (+30.1%).
The brand maintained its lead in the European A segment, with the 500 and Panda ranking first and second, respectively, for the year-to-date. These models held a combined 30.0% segment share. The 500 posted a 20.7% increase August sales, while sales for the Panda were up 16.0% year-over-year.
For the 500L, August sales were up 3.1% and it ranked first in its segment for the year-to-date with a 24.3% share. The Fiat Tipo family posted another monthly increase with August sales up 61.2% year-over-year.
Lancia/Chrysler posted an 11.3% increase in August sales to more than 2,800 vehicles and market share was in line with the prior year at 0.3%.
Sales of the Ypsilon were up 11.9% in August and it continued as the best-selling B segment vehicle in Italy with a 13.9% share.
Alfa Romeo posted a particularly strong performance during the summer months with European sales up 41.3% in August to nearly 4,700 vehicles (share up 10 bps to 0.5%) and 36.0% in July to more than 7,000 vehicles (share up 20 bps to 0.6%).
Results were positive in almost all major European markets. In Italy, sales were up 35.6% in August and 26.9% in July. In Germany, there was a 66.1% increase in August and a 75.1% increase in July. Sales in France were up 21.1% and 72.0%, respectively. And in Spain, the brand posted increases of 31.2% and 12.6% for the same two months.
Year-to-date, sales were up 39.4% to 57,900 vehicles with market share at 0.5% (+10 bps).
Driving these results were the Alfa Romeo Giulia and Stelvio. August sales for the Giulia were up 46.8% year- over-year, while the Stelvio continued to gain momentum with nearly 1,200 units sold during the month.
Jeep brand posted European sales of nearly 6,000 vehicles in August and just under 8,200 vehicles in July. Both months, share was in line with the prior year at 0.7%. August sales were up 22.8% in Italy, 2.7% in France and 26.0% in Spain.
Year-to-date, sales totaled more than 68,100 vehicles with share at 0.6%.
The Jeep Renegade continued among the top ten in its segment with more than 51,000 vehicles sold year-to- date.
For Maserati, the Group's luxury brand, European sales totaled 833 vehicles in July, 441 in August and 6,849 year-to-date.
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Distributed by Public, unedited and unaltered, on 14 September 2017 07:03:02 UTC.