While total SUV global sales fell by 3.1%, FCA posted a decline of 8% during the same period, with its volume falling from 992,300 units in H1 2018 to 908,100 units in H1 2019.
The Q2 2019 financial results of 25 auto makers are the best proof that the global economic growth is rapidly slowing down.
With two models, Fiat was able to almost triple the volume sold by Volkswagen Group and its three models. The Italian-American automaker lost ground in most of the segments where it operates.
In contrast to many of the models in its lineup, FCA has been successful in positioning the Fiat 500, selling a lot despite its higher price, and earning money. Will they also succeed with the electric version?
During the H1 2019 Lancia has registered 34,700 units. On the other hand, the volume of its sister brand Alfa Romeo totaled 29,200 units.
FCA’s plan B is to look even further in both terms, time and space. While the French decide what to do, Manley and his guys should start looking for partners in China.
If the Renault board accepts the merger proposal made by FCA, the new group would not only become the world’s third largest carmaker but it would also lead the global market’s key segments.
FCA underperformed in the industry during the quarter. The group posted the seventh largest revenue with €24.48 billion.
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Fiat gets ready to remove the Fullback from its line up. With almost 22,000 units sold since April 2016, the midsize pickup joins the long flops list of FCA. Unlike […]