Italy Autos Report Q2 2013 - New Study Released
New Transportation research report from Business Monitor International is now available from Fast Market Research
Boston, MA -- (SBWire) -- 06/03/2013 --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 sustained throughout the year.
In 2012, passenger car sales in Italy declined 19.8%, to 1,402,905 units. We believe that this reflects the country's weak consumer story. BMI believes that private consumption will continue to contract in 2013 as Italian households are hit by ongoing austerity measures, including higher taxes and cuts in social spending. Further, unemployment will continue to weigh on consumption.
BMI believes that Italy's labour market still remains relatively uncompetitive and rigid, and production will continue to be uncompetitive.
View Full Report Details and Table of Contents
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Transportation research reports at Fast Market Research
You may also be interested in these related reports:
- Vietnam Autos Report Q3 2013
- Brazil Autos Report Q3 2013
- Hungary Autos Report Q2 2013
- Malaysia Autos Report Q2 2013
- Japan Autos Report Q2 2013
- Serbia Autos Report Q2 2013
- India Autos Report Q2 2013
- Pakistan Autos Report Q2 2013
- Qatar Autos Report Q3 2013
- Indonesia Autos Report Q2 2013
Media Relations Contact
Director of Marketing
View this press release online at: http://rwire.com/257086