Italy Car Sales Grow 3.9% Year-on-Year in July
ROME, Aug 3 (Reuters) – New car registrations in Italy rose in July by 3.9% year-on-year to 123,184 vehicles, transport ministry data showed on Monday.
United Kingdom Manufacturing PMI Drops to 51.9 as Iran War Impacts Industry
In the first seven months, registrations were up by 8.9% compared to the same period last year, to 1.06 million units.
Italian market leader Stellantis , whose brands include Fiat, Jeep, Peugeot and Chinese joint venture Leapmotor, rose in line with the market in July, with sales up 3.8%, according to Reuters calculations.
The Franco-Italian automaker’s market share stood at 25.9% last month, according to the same calculations.
Chinese groups continued to make strong inroads, with BYD’s year-on-year sales up by 127% to 4,466 units and a market share of 3.63%, and Chery’s Omoda/Jaecoo brands up 168.5% to 3,786 units.
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