Market share in Europe fell from 8.2 to 7.3 percent in the first nine months of 2011. Bleeding is accelerating: In September, Fiat will participate in the market stood at 6.6 percent. Small BMW only 0.3 percent behind - by car to benefit from the last machine.
Marchionne Fiat blamed the poor results in Europe in the Italian market is weak
"Italy has lost 700 000 cars (since 2008), which Fiat is a loss of 210,000 cars. There is no point in looking for new models. "
In this business, to stop the development of new models would be suicidal. Volkswagen, which never cease to produce new vehicles and technologies, expanding European market share of 20.7 percent in September 2010 to 23.1 percent in September 2011. Fiat is the biggest problem will be lost in the delivery of the emergence of Asian markets, machine big benefits for co-Fiat in northern Europe.
Is it not surprising that El Salvador needs to save Chrysler by Chrysler?
Home » News » Marchionne Gives Up Italy, Looks To U.S. And Brazil For Salvation
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