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The performance of national markets reflects the duration of the blockade in individual countries. Italy has the worst result because the closure started earlier. Here the market, as announced in recent weeks, has lost 85.4 percent. The effect was more contained in France, where the drop was 72.2 percent, in Spain, where the records fell by 69.3. Germany lost 37.7 percent of the market, Great Britain 44.4. A geography of collapse that is also reflected in the results of individual manufacturers.
Confcommercio, fall in consumption in March: -31.7%. Fall of 13% of GDP forecast for April
In this context, in fact, the Fiat Chrysler group has announced that it has registered 27,326 cars, 74.4% less than in the same month of 2019. The participation is equal to 3.2%. In the quarter, the group sold 170,327 cars, down 34.5% in the same period last year and a share fell from 6.3% to 5.6%. Even this data is impossible to read without reference to the virus. In fact, Lingotto reminds us that as of March 11 in Italy, the reference market for Fiat Chrysler cars, production plants, dealerships and car outlets have closed earlier than in other countries. “In the extraordinarily difficult current context, explains the company, Fiat Chrysler Automobiles has launched some new initiatives, involving the dealer network, to help citizens who, despite the health emergency, are considering buying a new vehicle. and I want to contact an FCA sales consultant. Italy was the first market to launch this “remote” contact method, the use of which is expanding to other countries thanks to the ease of use of the technology. It is already operational in Austria, Belgium, France, Germany, Portugal, the United Kingdom, the Czech Republic, Slovakia, Spain, Switzerland and now it is doing it in Greece and Serbia “.
Already in recent weeks, European manufacturers have asked governments and the EU for incentives to buy and finance companies in the four-wheel chain to ensure recovery. The proposal of the Promoter Centro Studi is “to encourage spare parts with financial support to those who sell a car over 10 years old and buy a new euro 6 or zero emissions”.
Finally, returning to the sales account in Europe, the first quarter ended at 3,054,793 in March, 26.3% less than in the same period last year, while in Italy the contraction is 35.5% to 347,193 units.
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Carlo Verdelli
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