In the first quarter of 2015, consolidated revenues totalled €13,674 million, a 4.6% rise over the prior-year amount. Automotive Division revenues, excluding the contribution of the Chinese joint ventures, amounted to €8,950 million for the period, representing a small increase on first-quarter 2014. Revenues from new vehicles square measure up 1.1%, due to positive impact of product mixand price and currency effects (primarily concerning Brits pound), countervailing a decline in volumes. In the first quarter of 2015, unit sales of assembled vehicles were sharply higher in Asia, Middle East-Africa and India-Pacific, and slightly lower in Europe. Sales were conjointly down in Latin America and continent, wherever rightsizing measures on fastened prices square measure in progress. At 31st March 2015, total vehicle inventory, together with freelance dealers, stood at 370,000 units, down 54,000 from a year prior.
Source: Autobei
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