Ford, Fiat and Renault posted large declines in European new car sales in March

Article by Christian A., on April 18, 2011

New-car deliveries in Europe dropped 5 percent in March 2011 to 1.6 million units, the European automakers association, ACEA, disclosed on Tuesday. Actually, European registrations have been dropping each month except for one in 2010 when the government scrappage programs in core markets ended. In addition, consumers are restricting their spending as the continent fights off a debt crisis.

According to Gian Primo Quagliano, president of Centro Studi Promotor GL Events research group in Bologna, Italy, the end of government-sponsored incentives caused much suffering to automakers especially Fiat S.p.A., Ford Motor Co. and Renault SA.

In fact, these three companies reported large drops in new-car sales in the European market in March 2011. Specifically, Fiat sales dropped 20 percent to 106,836 units, Ford expects a 16 percent decline to 142,789 vehicles and Renault experienced a 14 percent decline to 141,711 cars, according to ACEA.

The trend is expected to be reversed from April. Ford of Europe stated that it is optimistic that its sales will rebound with the help of the company’s new five-door Focus, with at least 10,000 units sold in March.

The new vehicle is still selling throughout Europe. In addition, sales of PSA/Peugeot Citroen SA last month declined 7 percent to 204,347 vehicles. On the other hand, Volkswagen AG enjoyed the sales rebound in its home market in German, with VW Group reporting a 4 percent sales growth to 346,817 vehicles in March.

If you liked the article, share on:

Comments

Recommended

There is definitely a second-generation Super Series from McLaren. Even in camouflaged form, it is simply incredible. But while we still don’t have the full data on how truly dynamic...
by - February 25, 2017
A lot of fans are excited with the news that Porsche could be unveiling a performance version of its Panamera 4 E-Hybrid plug-in hybrid during the 2017 Geneva Auto Show. ...
by - February 25, 2017
Tesla is finally setting a more “definite” schedule with regards to the official launch of the Tesla Model 3 electric car. A “limited production” is said to be slated to...
by - February 25, 2017
Are you a big fan of legendary boxer Mike Tyson, the former heavyweight world champion? Or are you a big fan of the iconic Ferrari F50? Either way, you will...
by - February 24, 2017
It seems that AM-RB 001 hypercar is not the only vehicle project that Aston Martin and Red Bull Racing has gone into. This time, don’t expect something as outlandish as...
by - February 24, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries