Venerdì, 19 Ottobre 2018
ROME

Italian car sales likely contracted 25%, Federauto says

English
© ANSA

(supercedes previous) Rome, January 25 - Italian
car sales in January dropped by about 25%, according to
estimates released on Friday by Italian car dealers' association
Federauto.
"At the moment in January we are seeing a drop in the car
market of about 25%" the association said in a statement.
"This is a dramatic number, which could be partially
corrected by the end of the month" said Federauto Chairman
Filippo Pavan Bernacchi.
Pavan Bernacchi went on to add that "if the new government
doesn't intervene immediately after the elections," the nation
risks "an implosion of the car sales distribution system".
As such, he asked the political parties contending for the
Feburary 24 and February 25 general elections to "declare what
they intend to do for the car making sector, if elected".
Italy's car sales, down 22.5% in December, slumped 19.9%
for the full year to 1.4 million units, their lowest levels
since 1979.

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