June 25, 2020 / 8:23 AM / 2 months ago

Fiat Chrysler expects Italy car sales to fall by at least 35% this year

FILE PHOTO: Fiat Chrysler Automobiles (FCA) headquarters are seen in Turin, Italy, July 21, 2018. REUTERS/Massimo Pinca

ROME (Reuters) - Fiat Chrysler (FCA) (FCHA.MI) expects car sales in Italy to fall by at least 35% this year due to the new coronavirus crisis, Pietro Gorlier, FCA’s chief operating officer for Europe, the Middle East and Africa said on Thursday.

The first half of the year saw a 50% year-on-year drop with sales close to zero in March and April, Gorlier said, adding that there were still 450,000 vehicles in stock.

Reporting by Giselda Vagnoni, editing by xxx

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