Italy: New car market contracts 27% in March

New car registrations in Italy continued to decline year-on-year in March 2012. Car registrations fell 27% compared with a year earlier, from 188,495 units in March 2011 to 138,137 units last month. Dow Jones Newswires, citing the Italian transport ministry, said this was primarily due to the slowdown in the economy, Subscribe to Automotive World … Continued

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• April 3, 2012