Fiat SpA : Fiat beats annual production and sales records in Brazil with more than 838,000 vehicles sold in 2012

Fiat beats annual production and sales records in Brazil with more than 838,000 vehicles sold in 2012

In 2012, Fiat set a new all-time record for production and sales in Brazil, posting the best performance in its 36-year operating history in the country. Full-year sales of cars and light commercial vehicles totaled 838,219 units, representing an 11.1% increase over the prior year (754,276 units) and a 10.2% increase over the previous sales record of 760,495 units set in 2010.
Leader for the past 11 years, Fiat outperformed the Brazilian market where sales of passenger cars and light commercial vehicles increased 6.1% in 2012 to 3,634,510 units (3,426,290 units sold in 2011). As a consequence, Fiat increased its share to
23.1% from 22% in 2011.
"This year's performance, our best in the 36 years since we began operating in Brazil, was attributable to the fact that we anticipated the market recovery and were ready to ramp up production at just the right moment to ensure we gained market position and share", commented Cledorvino Belini, Chairman of Fiat/Chrysler for Latin America.
Significant contributors to that market performance were the Uno, the brand's leading model with 255,149 units sold, and the Strada, with 117,464 units sold.
Fiat also set an all-time production record in Brazil with 759,000 cars and light commercial vehicles produced, representing a 12.5% increase over 2011 (675,000 units) and a 10% increase over the previous record of 690,000 units set in 2010.

December

The full-year results also reflect the strong performance of the Brazilian market in December, with sales of cars and light commercial vehicles up 15.8% over November to 343,744 units. Fiat posted December sales of 74,465 units.
Turin, 3 January 2013

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