Automotive Industry Data
Subscribe  |  FREE SAMPLE   Front Page Editions  |  Current Issue page 1  |  BACK COPIES  |  Info  |  REPORTS  |  CONSULTANCY SERVICES  |   CONTACT  |  MEMBERS 
BRIC  |  CHINA  |  DIESELS  |  EDITORIALS  |  ELECTRIC  |  NEW PRODUCT  |  PREMIUM BRANDS  |  STOCK MARKET VIEW  |  TRUCKS  |  USA  |  WESTERN EUROPE

ITALY
Bounce back from the bottom
Italy’s long-battered car market to rise at long last – gas in retreat

Published: Thu, 15 May 2014 18:39:59 GMT
 

Fiat Panda 2012 Ad spot Italy

Italy’s car market, after plummeting like a stone to a 34-year low last year, shows first signs of life - It’s been a long time coming, but finally the signs are that the tight grip that has held Italy’s new car market in the deepest recession for the past half-dozen years has now began to loosen its hold

Italy’s long-ebbing new car market may be about to return slowly to a semblance of near-enough normal health after terrifying domestics and importers alike by its dogged reluctance to finally free itself from the icy grip. But despite the first green shoots after half a dozen years of permafrost, progress remains slow.

1.9%
April’s rise to just under 120,000 units


Widely seen as the first encouraging signs of hope for Italy’s long-battered car market, where last year’s car sales slumped to a 34-year low of just 1.3 million cars, April saw the fifth successive month of rising sales. 

April’s 1.9 per cent rise to just under 120,000 units brings the cumulative gain after five successive
months of unbroken car sales growth to 5 per cent, with sales edging up to almost half-a-million units. 

With the prospect of brighter skies on the horizon, following more than half-a-decade of severe belt-tightening, Italy’s car buying public appears to have rediscovered its appetite for new cars
...more 


MORE LIKE THIS:


> Life seen in French car market 19 Apr 2014


> Germany back in drive  18 Mar 2014


> UK’s unwavering solo move to pre-crisis annual car sales levels  16 Jan 2014



DATA AVAILABLE TO SUBSCRIBERS WITH THIS ARTICLE:

ITALY new CAR sales:

by manufacturer and marque
APRIL 2014 v APRIL 2013
4-MONTHS 2014 v 4-MONTHS 2013

To continue reading this article, please register for a free sample without obligation...

Please note that eagleAID.com is a subscriber-only site, and as such it can only be viewed by subscribers to the newsletter.