CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
Open platformOpen platform

Italy new car registrations up 4.8% year-on-year in October

By Reuters News

ROME, Nov 2 (Reuters) - New car registrations in Italy rose in October by 4.8% year-on-year to 131,921 vehicles, transport ministry data showed on Monday.

In the January-October period, registrations increased by 8.3% compared to the same period of last year, to 1.4 million units, the ministry said.

Italian market leader Stellantis STLAM.MI, whose brands include Fiat, Jeep, Peugeot and Chinese joint venture Leapmotor 9863.HK, had a negative result, with sales down 4.8% year-on-year in October, according to Reuters calculations.

Stellantis' market share stood at 24.1% last month, according to the same calculations.

Earlier on Monday, the Franco-Italian automaker warned that the shortage of an electronic engine component was disrupting production of some Fiat models in Italy.

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk