The ongoing recession, compounded by the adverse impact of higher taxes and weakening consumer confidence, continued to take a toll on new passenger car registrations in Italy. In May, registrations fell 14.3% compared with the corresponding month in 2011 to 147,102 units. Last month's figures were, however, up compared with registrations Subscribe to Automotive World … Continued
The ongoing recession, compounded by the adverse impact of higher taxes and weakening consumer confidence, continued to take a toll on new passenger car registrations in Italy. In May, registrations fell 14.3% compared with the corresponding month in 2011 to 147,102 units.
Last month's figures were, however, up compared with registrations
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https://www.automotiveworld.com/articles/94138-italy-may-sees-new-car-market-decline-14-3-y-o-y/
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