Italy new car registrations rise 7.6 percent in May
New car registrations in Italy rose 7.6% year-on-year to 150,096 vehicles in May, while year-to-date sales grew 9.4%. Market leader Stellantis saw sales increase 11%, while Chinese manufacturers BYD and Chery recorded significant growth as Tesla sales fell 23.5%.
Italy new car registrations rose 7.6% year-on-year in May to 150,096 vehicles. The growth brings total registrations for the first five months of the year to 790,301 units, a 9.4% increase. The data reflects strong consumer interest in new vehicles in Europe's fourth-largest economy despite a shifting landscape for electric vehicle manufacturers.
### Stellantis Outpaces Market Growth Market leader Stellantis outperformed the broader industry as its May sales climbed 11%. The group, which includes brands such as Fiat, Jeep, and Peugeot, captured a 28.8% market share last month. These figures follow the joint venture with Leapmotor in China.
