Giovedì, 20 Settembre 2018

Fiat's European sales drop 16.7% in June


(ANSA) - Rome, July 17 - Fiat's car sales on the European
market dropped 16.7% in June, European automakers' association
ACEA said on Tuesday.
Italy's biggest private-sector employer sold 79,927 cars in
Europe last month, compared to 95,900 in June 2011, after it
registered a 12.1% year-on-year drop in sales in May.
As a result, Fiat's share of the European market fell to
6.4% in June, compared to 7.5% in June 2011 and 7.2% in May this
The company said in a statement that it had been "penalised
by the dreadful overall results of the Italian market".
Italian sales were down by almost a quarter in June
compared to the same month in 2011.
Fiat CEO Sergio Marchionne said earlier this month that the
carmaker may have to close one of its plants in Italy if weak
demand on the European auto market continues.

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