728x90 AdSpace




Latest News

ad

Wednesday, January 4, 2012

Fiat 500 Sales Up 44 Percent

US Fiat 500 Lounge

Fiat USA has reported December sales rose 44 percent over last month, recording 2325 sales, bringing the total of Fiat 500s delivered since March to 19,769. When we factor Canadian sales in that figure goes to 25,161.

This is encouraging news and contradicts the detractors in the media proclaiming the sky is falling. Fiat sales took a dip in October and November, which had the haters in the media rubbing their hands proclaiming failure. Seizing on the negative, they neglected to say that Fiat had actually beaten MINI Cooper sales for 3 months in a row, a remarkable feat considering Fiat only had 30-60 dealers open for most of that period.

July 2011 Sales
Fiat 3038
MINI 2753

August 2011 Sales
Fiat 3106
MINI 2003

September 2011 Sales
Fiat 2773
MINI 2331


This news will hopefully mean Fiat USA has finally turned the corner on its slow launch that was handicapped by dealers coming on board slower than expected.

Fiat 500 Prima Edizione

Original plans in 2010 called for the bulk of 130 Fiat dealers being open by March and then a full scale advertising campaign beginning in April, however by by that time, only 30 or so dealers were open. Without dealers to handle traffic, advertising was delayed as long as possible until a critical mass of open studios were available. This happened in August when 100 dealers were finally online.

Ironically, Fiat's biggest 'problem' seems to be one of its own making, with an optimistic first years sales forecast of 50,0000 cars, first floated back in the summer of 2009, during a much different economic time (read expensive gas prices). Never intended to be a volume seller, the Fiat 500's original mission was to be a boutique car that drew shoppers into Chrysler dealer's showrooms (Read here).

This mission got modified when separate free standing dealership facilities became required. Gasoline prices were also more stable this year, affecting the interest in smaller cars.

US Fiat 500

Two years later, these figures were never addressed and became the standard by which to judge current sales numbers. It should be noted that Toyota anticipates the new redesigned Yaris to achieve 24,000 units this year, and the gold standard MINI sold 24,590 cars in its first year. So even with all the delays, the Fiat 500 sales figures of 25,161 within 9 months can be considered a good showing and certainly not the "sales flop" some in the media are trying hard to portray it as.

US Fiat 500 Abarth

This new year marks a fresh start, and with Fiat dealers fully online and the Fiat 500 Abarth ready to burst onto the scene in Spring, get ready to see some action!

Fiat 500 USA - July Fiat sales
Fiat 500 USA - June Fiat sales
May US Fiat 500 sales
April Fiat 500 sales
March US Fiat 500 sales
-
5 ( 88 ratings )
-
  • Blogger Comments
  • Facebook Comments

0 Comments:

Post a Comment