Italy car registrations rise 4.8 percent in October
Italy new car registrations rose 4.8 percent year-on-year in October to reach 131,921 vehicles. Market leader Stellantis saw sales decline by 4.8 percent amid component shortages.
Insights:
New car registrations in Italy rose 4.8% year-on-year to 131,921 vehicles in October, according to transport ministry data released on Monday morning. The increase builds on an 8.3% rise to 1.4 million units across the first ten months of the year. Investors are watching European automotive supply chains as component shortages pressure regional manufacturing output.
