New product – primarily from Jeep – is paying off for Fiat Chrysler Automobiles which posted European November sales up 3.6% year on year compared with 1.2% for the industry.
The Jeep brand posted an all-time monthly record for European sales, with a 110.6% increase as Renegade volume kicked in.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The European auto market (EU28+EFTA) continued a positive trend in November with new passenger car registrations up 1.2% to nearly 990,000 units. For the 11 months year to date, registrations were up 5.5% to 12,010,000 vehicles.
FCA November sales rose 3.6% to nearly 58,000 vehicles and market share was up 10 basis points to 5.8%.
YTD FCA sales were up 3.2% to nearly 712,000 units, albeit with market share 20 basis points lower at 5.9%.
The group said it achieved gains in all major European markets, with sales in Italy up 6.1%, Germany up 0.8%, France up 2.1%, the UK up 6.8% and Spain up 16.5%.
Lancia/Chrysler posted November sales of just less than 5,200 vehicles (-9.5%) with market share down to 0.5% from 0.6%.
YTD sales fell 2.5% to 67,500 vehicles with share unchanged at 0.6%.
Alfa Romeo November sales fell 3.7% to just under 4,300 vehicles (-3.7%).
YTD European sales were off 8.7% to nearly 55,000 vehicles.
Jeep Europe November sales rose 110.6% to just under 5,000 vehicles, reflecting launch of the Fiat-built Renegade. Market share increased to 0.5% from 0.2%.
The brand posted increases in nearly all European markets. In the five major markets, sales in Italy were up 245.5%, Germany 52.1%, France 309.5%, the UK 45.2% and Spain 43.1%.
YTD Jeep brand sales were up 57.1% to more than 34,700 units and share increased to 0.3%.
EU car sales scrape to 1.4% gain in November
