ROME (Reuters) -Sales of new cars in Italy fell in October by 0.57% year-on-year to 125,826 units, transport ministry data showed on Monday. In the first ten months of the year, sales were down 2.66%
October Sees 0.57% Decline in Italy's New Car Sales Year-on-Year
Overview of Italy's Car Sales Trends
ROME (Reuters) -Sales of new cars in Italy fell in October by 0.57% year-on-year to 125,826 units, transport ministry data showed on Monday.
Market Leader Performance
In the first ten months of the year, sales were down 2.66% to 1.33 million compared to the same period of 2024, the ministry said.
Fiat's Popularity in October
Market leader Stellantis, whose brands include Fiat, Jeep and Peugeot, bucked the negative trend, with year-on-year sales up by 4.45% in October, according to Reuters calculations.
Growth of Chinese Brands
Its market share stood at 26.6%, according to the same calculations.
Fiat, which is recovering from a recent slide in sales, was confirmed as Italy's most popular car brand in October, with a market share of 9.2%, up from 7.3% in October 2024.
Chinese brands BYD and Chery's Omoda/Jaecoo reported the biggest jumps in October sales, with respective year-on-year increases of around 260% and 280%.
(Reporting by Alvise Armellini, editing by Gavin Jones)
