Italy Autos Report Q2 2013 - New Study Released
In January 2013, passenger car sales in Italy declined 17.6% year-on-year (y-o-y), to 113,525 units. BMI forecasts a decline of 7.8% in 2013 on the back of an ongoing decline in private consumption. We maintain this forecast for now as we expect the market to moderate somewhat over the course of the year. Further, sales volumes in the first half of 2012 were larger than in the second half, so the large decline witnessed in January is unlikely to be...
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