(ANSA) - Rome, March 1 - Automaker Fiat logged a slump in
car sales in February.
Fiat reported Friday it sold just under 31,000 cars last
month, down 16.8% from February last year.
January sales were down 15.76%.
But the Turin-based automaker is still managing to increase
market share in Italy, where a recession is eating away at
buying power and the car market at large.
Fiat reported that February sales accounted for 28.48% of
the Italian auto market, up on 28.28% from the same month last
year.
Rising sales in the US of Chrysler, which Fiat controls,
gave the company a boost.
Sales there were up 4% in February, when 139,015 vehicles
went off the lot.
It was the best February performance since 2008, Chrysler
said.
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