MILAN Feb 1 New car sales in recession-hit
Italy fell 17.58 percent in January from the same month a year
ago to 113,525 vehicles, Italy's Transport Ministry said on
In December, car sales plunged 22.5 percent, bringing the
total decline for 2012 to 19.87 percent.
Automakers are facing a sustained slump in the European car
market against the backdrop of the euro zone debt crisis and
government austerity measures.
Italian carmaker Fiat's market share rose slightly
to 30.1 percent in January, according to a statement by Fiat,
compared to 29.3 percent in December.
(Reporting By Danilo Masoni)