Italy's automobile market contracts 25.74%

Fiat gains market share

Italy's automobile market contracts 25.74%

(ANSA) - Rome, October 1 - Italy's automobile market contracted 25.74% in September over the same time last year, reported the Italian automaker Fiat on Monday. "It is the worst September result since 1984, when there were 107,000 (vehicle) registrations," said a statement. Fiat added that its own market share had grown to 30.3% of the total, a gain of 0.6% over September 2011. Fiat's best-selling model is its low budget compact model, the Panda.

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