FCA – the world’s seventh largest automaker – has announced that January sales on the European continent edged up by 5.8 percent to more than 63, sickness 500 vehicles, view with deliveries outpacing the overall growth in numerous key markets.
The Group, generic formed after the merger of Italy’s Fiat SpA and America’s Chrysler Group LLC, saw sales jumping 11.3% in Italy, 4.0% in Germany, 9.9% in France and 45.1% in Spain. Just like in the United States, the primary driver of growth proved to be the specialist brand Jeep – which has seen another spectacular monthly performance after deliveries skyrocketed 164% year-over-year. Meanwhile, the small car specialist Fiat continued to post strong results buoyed by its best-selling models in certain segments: 500, Panda and 500L. Additionally, immediately after the sales begun, both the new Fiat 500X (currently available only in Italy) and Jeep Renegade have placed among the top ten models in the small SUV segment.
Total European passenger car sales (European Union and EFTA markets) also had a positive January, leading 2015 into a 6.2% surge to a total of almost 1,028,000 units. FCA’s European sales of more than 63,500 autos, a 5.8 % increase from the same month last year turned a market share of 6.2% for the month. The core Fiat brand took the lion’s share in terms of sales, with more than 47,000 vehicles delivered and a 3.6 percent growth. The Jeep brand continues its rise to prominence in the Group, with January sales in Europe reaching almost 5,900 units and snatching a market share of 0.6%. Naturally, the best-selling model immediately became the new Renegade, already commending a place among the top ten offerings in the segment. Ferrari and Maserati, the luxury divisions of the automaker, posted combined sales of 660 vehicles.