Thursday, June 2, 2011

Car market: in May to grow back in Italy

The auto market in Italy, after thirteen months of declines and after the worst since the last fifteen years to grow back. He informed the Ministry of Infrastructure and Transportation disseminating the data of May: registrations have marked the 3.58% increase, with 170,603 units compared to 164,704 the same month of 2010.

In detail, the Fiat car registrations increased by 4.58% (with 51,342 new cars sold against 49,091 in May 2010). In return, the share of the Group in Italy, which climbed to 30.1% from 29.8% in the same month last year. The improvement, confirmed by the Lingotto, is partly related to the renewal of the range, "have begun to produce positive (after the end of the stimulus and the output from the range of some important models available in 2010) the renewal of the range of marks will last all year and has already started with Fiat and Lancia Ypsilon Freemont, "says a spokesman for the House.

Good results also for Alfa Romeo, always driven by the success of Juliet, which increases the sales volume by 43.9%, and raises the market share of 3.6%. In contrast to the optimism about the market for the second half of the voice of Philip Pavan Bernacchi, president of Frederick, in a statement that emphasizes that "for a layman to +3.58% in May 2011 compared to May 2010, it might seem a sign of recovery.

We were wrong: the market is characterized by large amount of miles that offsetting the zero reading of the data. " It also moves the second hand market, which saw 418,371 transfers of property in the last month, +7.15%, compared to 390,467 completed in May of last year. The overall volume of sales, 588,974 units, is divided into 28.97% to 71.03% in new cars and used cars.

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