Renault, Fiat and BMW show high double-digit gains in August

Article by Christian Andrei, on August 26, 2010

Would it surprise you to know that Renault, Fiat and BMW made high double-digit gains in European car production last month? It appears that government incentives did make a tremendous improvement on sales. J.D. Power Automotive Forecasting reports that Renault raised production 78.1% to 49,145 units.

The Twingo was most in demand, for which output rose 82.3% to 9,906. As Fiat moved to satisfy demand for the Doblo and New Fiorino vans, its production went up 62.7% to 40,645 units.

BMW increased production 38.1% to 43,837 units largely due to rising orders for the 5 series. Meanwhile, the output of Citroen, Peugeot, Ford, Skoda and Toyota also increased by double digits in August while Volkswagen brand's production rose 4.4% to 128,744.

While these are significant gains, overall production could not be prevented from slipping 14.4% to 790,156 units in August. It's a bit of a comfort though that this was the second-smallest year-on-year loss in 2009.

It was in July when the smallest year-on-year loss was recorded when car output slipped 11.4% to 1,476,041 units. For western and eastern Europe including Russia and Turkey , the production during the first eight months of the year was down 27.0% to 9,547,895 units.

This year's production low point came in February when output slipped 39.7% to 1,070,474 units. Interestingly, the steep decline was observed right before the launch of scrapping incentives in the five major European markets. Since then, production numbers have been readily improving since governments started offering incentives of up to 5,000 euros to get people to trade in their old cars and replace them with new, more fuel-efficient models.

Topics: renault, fiat, bmw, sales

If you liked the article, share on:


Login or Create new account to add a comment!


More than three decades ago, the DeLorean DMC-12 was produced by the DeLorean Motor Company. However, production was stopped due to issues within the company. The car itself was decent...
by - October 27, 2016
Tesla is making sure that all models under production will receive the necessary advanced hardware that will allow them to be autonomously driven. The fitment of these advanced hardware to...
by - October 27, 2016
Wondering how fast the 2017 Chevrolet Camaro ZL1 in actual driving? To provide customers a good idea on how fast the 2017 Camaro ZL1 could really get, Chevrolet recently had...
by - October 27, 2016
So, it is official! The new Honda Clarity FCV has the longest verified range of any zero-emissions vehicle currently on the road in the United States. One of the main...
by - October 27, 2016
Many have been anticipating Mercedes-Benz Vans’ newest luxury pickup truck, the X-Class. While Mercedes-Benz has yet to reveal the official production version of the X-Class, it was kind enough to...
by - October 27, 2016