Arab Today, arab today fiat\s european sales suffer another big fall
Last Updated : GMT 13:27:38
Arab Today, arab today
Arab Today, arab today

Fiat\'s European sales suffer another big fall

Arab Today, arab today

Arab Today, arab today Fiat\'s European sales suffer another big fall

Rome - ANSA

Fiat\'s sales on the European car market suffered another big fall in August, when they dropped to 37,687, 17.7% down on the same month in 2011. The Italian carmaker\'s sales in the European Union and the countries of the European Free Trade Association also dropped 16.4% in July and 16.7% in June with the economic crisis having a massive impact on auto purchases. In the first eight months of 2012, Fiat sold 557,090 new cars, 16.6% down on the same period last year. The August fall in sales took Fiat\'s share of the European market down to 5.2%, compared to 5.8% in August 2011. Fiat said in a statement that it had been penalised by the \"dreadful results of the Italian market, which were much more negative than Europe as a whole (down 21% in July, 20.2% in August)\".

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