Thursday, April 12, 2007

UPDATE 1-Fiat level with Renault in Q1 in Europe-ACEA

(Reuters) - Riding a wave of new models such as the Bravo, the Grande Punto hatchback and the Panda city car, Fiat had 6.4 percent higher sales in total in the 28 European counries surveyed by Acea. Its market share was up to 8.3 percent from 7.8 percent.

Renault, meanwhile, is treading water as it gears up for a new model offensive starting with Twingo and Laguna later this year and its market share dropped to 8.3 percent from 9.2 percent with a 9.9 percent sales decline in the European area made up of the European Union and the European Free Trade Association.


Read more at Reuters.com Economic News

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