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Auto market estimates 18% rise in 2016

To grow by 5% in 2017, foreign car makers in Italy tell ANSA

Redazione Ansa

(ANSA) - Paris, September 30 - Foreign car makers in Italy attending the Paris Motor Show on Friday told ANSA that they estimate the Italian auto market will grow by 18% in 2016 with a total of 1.8 million units sold.
    They were optimistic for 2017 as well, with estimates projecting a 5% increase, but said growth will remain well below pre-economic crisis levels.
    They said growth is due to a boom in fleet sales as well as Italians' renewed faith in the auto sector, and will be augmented in the future by a push towards electrification and self-driving cars.
   

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