Martedì, 23 Ottobre 2018

Italian car sales drop 1.9% in July, dragged down by Fiat


Rome, August 1 - Italian car sales slumped 1.9% in
July to 107,514, down from 109,617 in the same month last year,
according to data released by Italian Transport Minister on
Sales in the first seven months of the year dropped 9.3% to
New car registrations for Fiat, Italy's largest carmaker,
slumped 5.3% to 31,377 units in July, down from 33,213 in the
same month last year.
This compares with a 15.2% drop in June sales.
Its sales in the first seven months of the year dropped
10.7% to 244,643 vehicles, down from 10.7% a year ago.
Fiat's market share in the period dropped to 29.2% in July
compared to 30.3% in the year-earlier month. In June this year,
it had a 27.5% share.
In the first seven months of the year, Fiat's market share
was 29.1%, down from 29.6% in the same period in 2012.

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