Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Italian Stock Exchange  >  Fiat Chrysler Automobiles    FCA   NL0010877643

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Fiat Chrysler Automobiles : July and August 2017 Fiat Chrysler Automobiles Sales in Europe

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/14/2017 | 09:04am CEST

PRESS RELEASE

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.

PRESS RELEASE

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.

London, 14 September 2017 For further information:

+39.011.0063088

[email protected] www.fcagroup.com

Fiat Chrysler Automobiles NV published this content on 14 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 September 2017 07:03:02 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FIAT CHRYSLER AUTOMOBILES
06:55p FIAT CHRYSLER AUTOMOBILES : Estonian Juri Vips won the ADAC Formula 4 Championsh..
09/22 FIAT CHRYSLER AUTOMOBILES : Concluding events in the ADAC F4 Championship powere..
09/21 Carmakers announce $9.5 billion in U.S. investments since January
09/21 FIAT CHRYSLER AUTOMOBILES : UAW officials accused of laundering money through ho..
09/21DJEUROPEAN MORNING BRIEFING : Fed Hints at Another Rate Rise
09/20 FILING : Auto training center funds laundered through hospice
09/20 FIAT CHRYSLER AUTOMOBILES : Sporty driving could disable Chrysler minivan seat b..
09/20DJEUROPEAN MORNING BRIEFING : Markets on Hold as Fed Looms
09/19 Intel collaborates with Waymo on self-driving computer design
09/17 FIAT CHRYSLER AUTOMOBILES : Abarth 124 rally dominated in FIA R-GT at Rally Roma..
More news
News from SeekingAlpha
09:04a Harvey And Irma Won't End Carmageddon
09/22 MAGNA INTERNATIONAL : Even Car Of The Future Will Still Need A Metal Body
09/22 Commerce secretary amps up pressure ahead of third NAFTA round
09/20 Fiat recalls 50K Chrysler Pacifica vans
09/19 Fiat recalls 494K Ram diesel pickups
Financials (€)
Sales 2017 115 B
EBIT 2017 7 040 M
Net income 2017 3 314 M
Debt 2017 3 826 M
Yield 2017 0,05%
P/E ratio 2017 6,99
P/E ratio 2018 6,16
EV / Sales 2017 0,23x
EV / Sales 2018 0,21x
Capitalization 23 136 M
Chart FIAT CHRYSLER AUTOMOBILES
Duration : Period :
Fiat Chrysler Automobiles Technical Analysis Chart | FCA | NL0010877643 | 4-Traders
Technical analysis trends FIAT CHRYSLER AUTOMOBILES
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 26
Average target price 12,9 €
Spread / Average Target -14%
EPS Revisions
Managers
NameTitle
Sergio Marchionne Chief Executive Officer & Executive Director
John Jacob Philip Elkann Chairman
Richard Keith Palmer CFO & COO-Systems & Castings
Harald J. Wester Chief Technology Officer
Andrea Agnelli Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
FIAT CHRYSLER AUTOMOBILES73.69%27 650
SAIC MOTOR CORPORATION LIMITED29.25%53 739
MARUTI SUZUKI INDIA LTD51.60%37 619
BYD COMPANY LIMITED--.--%25 420
GUANGZHOU AUTOMOBILE GROUP CO LTD98.30%22 597
FERRARI95.34%21 440