Fiat Auto said on Friday its share of the European market had risen to more than 8% in April.
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Speaking to Reuters on the sidelines of an economic forum, chief executive Sergio Marchionne also said that results in May would show the impact of the new Bravo model which reached showrooms in February.
Fiat boosted its market share to 8.3% in March, joining Renault as the fifth largest automaker by market share. Official ACEA sales figures for April are due next week.
Marchionne reportedly reiterated his interest in making an acquisition, but said it would not happen any time soon.
“We are looking around, there is nothing important but by 2010 we will do something,” he told Reuters.
He also told the news agency he did no see any urgent need to simplify Fiat’s share structure, which includes ordinary, savings and preference shares. “At the moment, there is no need,” he was reported to have said.
