New Market Study Published: Italy Autos Report Q4 2012
Following four consecutive years of contraction in the new vehicle sales market, new vehicle demand in Italy is showing no signs of recovery. Passenger car sales declined by more than 20% year-on-year (y-oy) in the first seven months of 2012, while commercial vehicle sales fell by 37% y-o-y during the first six months. We believe consumer and business sentiment will remain subdued over the course of the year and forecast a 15% contraction in the passenger segment and a 10.6%...
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