Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Stellantis N.V. Earnings Release 2015

Dec 15, 2015

6222_iss_2015-12-15_8d5a161f-60f0-4677-9f90-7eb620c740d3.pdf

Earnings Release

Open in viewer

Opens in your device viewer

FCA posted European sales of 68,500 units for the month of November, representing an 18.3% vear-over-year increase and outperforming the industry average (+13.7%) for the eleventh consecutive month. For the eleven months year-to-date, sales were up 13.4% (+8.6% for the industry) to more than 807,000 units. The Fiat Panda and 500 continued to lead the European A segment with a combined share of 27.5% for the month. For more than a year, the Fiat 500L has ranked as the best-selling Small MPV (23.5% segment share for the month). With its continuous sales increases, the Fiat 500X was segment leader in Italy and has also firmly established itself among the segment leaders in Europe. The Fiat brand outperformed the industry average for the third consecutive month, with European sales up 19.7% from November a year ago. Jeep brand sales were up 131.9% for the year-to-date driven by results for the Renegade, which continues to rank among the top ten in its seament.

In November, the European passenger car market (EU28+EFTA) posted new vehicle registrations up 13.7% to nearly 1.125.000 units.

For the eleven months year-to-date, registrations were up 8.6% over the same period in 2014 to nearly 13,046,000 vehicles.

FCA closed the month with sales up 18.3% over November a year ago to nearly 68,500 vehicles. This marked the eleventh consecutive month that the Group has outperformed the industry average, taking European market share to 6.1% (+30 basis points).

For the year-to-date, FCA sales were up 13.4% to more than 807,000 vehicles and share increased to 6.2% (+30 basis points).

The Group posted sales increases in most major European markets, in several cases outpacing the industry average. In Italy, sales were up 26.0% in November and 17.7% year-to-date. FCA also posted sales increases in Germany (+9.2% vs. +8.9% for the industry), France (+17.1% vs. +11.3% for the industry) and Spain (+37.3% vs. 25.4% for the industry).

Fiat brand outperformed the industry for the third consecutive month, with November sales up 19.7% to more than 51,000 vehicles and market share 30 basis points higher at 4.6%.

For the year-to-date, brand sales totaled more than 608,000 vehicles (+11.2% year-over-year) and market share was 4.7% (+10 bps).

For the major European markets, the brand posted particularly positive November sales in Italy (+29.4%), Germany (+7.7%), France (+26.9%) and Spain (+42.0%). Year-to-date, sales were up 15.8% in Italy, 3.5% in Germany, 17.5% in France and 27.0% Spain.

The brand continued to dominate the European A segment with the Panda and 500 holding a combined share of 27.5% in November and 27.8% for the year-to-date. Sales of the Panda (A segment leader in November) were up 12.95% for the year-to-date to nearly 161,000 units. For the 500, just under 169,000 units have been sold so far this year. The other members of the 500 family also posted positive results. The 500L led the Small MPV segment for both November and the year-to-date, with sales so far this year totaling more than 77,600 units and segment share at 22.4%. The 500X also continues to post strong sales growth and has firmly established itself among the leaders in the Small SUV segment with more than 66,000 units sold year-to-date. In Italy, the 500X was the clear segment leader for both November and the year-to-date.

Lancia/Chrysler posted November sales of more than 4,500 vehicles and market share was 0.4%. Year-to-date, brand sales across Europe totaled more than 57,000 units and market share was $0.4%$ .

In Italy, sales o of the Lancia a Ypsilon we re up 8.1% f for the year-t o-date.

Al wi an lfa Romeo p ith share sta nd 21.2% in A posted Nove able at 0.4%. Austria. The mber sales o November s Giulietta pos of more than sales were u sted a 10.9% n 4,500 vehic up 17.7% in % sales incre cles, a 6.3% Italy, 3.5% i ase for the m year-over-y n France, 6. month. ear increase 6% in Spain

Ye Co Au ear-to-date, t ompared wit ustria. Sales the brand's th the same of the Giulie European sa e period in 2 etta were up ales totaled n 2014, sales 1.1% for the nearly 52,50 were 7.0% e period. 0 units and higher in Ita market shar aly and 26.6 e was 0.4%. 6% higher in

Je m inc m an eep marked ore than 7,5 creases in a arket, unit sa nd 80.8% in S its 25th-cons 500 vehicles all major Eu ales were up Spain. secutive mon . Market sha uropean ma p 67.2% in It nth of sales are was 20 arkets, signif taly, 23.5% i growth in No basis points ficantly outpe n Germany, ovember, wit s higher at 0 erforming th 37.1% in Fr th unit sales 0.7%. The b he industry a rance, 121.3 up 50.2% to brand posted average. By % in the UK en.nodyK.pn

Ye Th te ear-to-date, s hose results n in its segm sales increas were driven ment in Europ sed 131.9% by continued pe with more to nearly 80 d strong grow e than 50,000 ,700 vehicles wth for the J 0 units sold s s and market eep Renega so far in 2015 t share doub ade, firmly am 5. bled to 0.6%. mong the top

Fo No or Ferrari a ovember and and Maserat d 8,362 for th ti, the Group he year-to-da p's luxury b ate. brands, Euro pean sales totaled 527 7 vehicles in

Lo ondon, 15 De ecember 201 15

Fo +3 m ww or further info 39.011.00630 ediarelations ww.fcagroup ormation: 088 s@fcagroup. p.com .com