Thursday, September 1, 2016

Auto, August turbo for Italy. Fca beats all – Milano Finanza

Acceleration of the Italian car market in August. According to information from the Ministry of Transport, on the basis of the DMV data, in spite of a month traditionally insignificant new car registrations are in fact grew by 20.12% to 71,576 units, after + 3.37% at the July. With regard to used cars, however, the recorded property transfers were 271,586 (+ 16.39%) for a total volume of sales (343,162 units) made up for 20.86% of new car and for the 79.14 % of used. Also expanding the cumulative result, with new registrations that from January totaled 1,251,806 passenger cars (+ 17,38%), while property transfers were 3,110,542 (+6.37%).

“volumes of registrations so high not seen for the month in question, from August 2009, when the market surpassed the 85,000 units. And ‘the 27th consecutive monthly increase for the Italian market, double-digit again after the slowdown in July, thanks to the positive calendar effects, with a working day more than in August 2015, “said Aurelio Nervo, President of ANFIA, the National Association of the Automobile Industry.

However, “in the coming months, there may be a slowdown in growth rates, as expected, in consideration of a reduction in the confidence of consumers and businesses, while positive signals continue to arrive in reducing the fuel prices after the increase recorded between April and June, “he added Nervo who reiterated the need to maintain support tools to investment, such as superammortamenti that this year” have favored the segment of cars headed to society. “

Satisfaction was also expressed by Gian Primo Quagliano, president of the SPC:” August is definitely an atypical month, but the signal that comes from the data released today is still evidence that the desire to drive the Italian continues to be very high. Added to this it is that there is still a strong contingent of replacement demand postponed during the crisis years that laboriously we are leaving behind. This situation will continue to support demand for cars in our country in the medium term because they still need a few years to bring the average age of the fleet on the Italian pre-crisis. “

Among the individual automakers , was again better than a market trend already positive in itself the performance of Fiat Chrysler Automobiles, which registered 24% more cars than a year ago, bringing its market share from 28.03% in August 2015 to 28.92%, despite the decision to proceed with an increase in list prices. Year-to, the recordings of the Italo-American company amounted to more than 363,000 units (+ 20.2%). similar situation also in terms of the share it is 29%, almost one point higher than
same period last year. in the detail of the individual brands, Fiat registrations were up 26.09% yoy to 14,692 units, the Alfa Romeo of 26.07% to 1,596 units and the Jeep of 56.69% to 1,932 units, while they contracted the Lancia, fell 1.9% to 2,477 units.

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