Italy sales fall nearly 8% in January on diesel woes

Italy’s new-car sales dropped by 7.6 percent in January, as demand for diesel vehicles plummeted.

Registrations were 164,864, according to Italy’s Ministry of Infrastructure and Transport. The month had the same number of working days as January 2018.

Private customer demand rose by 4.3 percent, the third consecutive monthly increase after a 10 percent rise in December and a 5.2 percent increase in November, according to market researcher Dataforce.

All other channels suffered declines, with registrations by short-term rental companies falling 16 percent, sales to long-term rental businesses down 19 percent and sales to companies down by 6 percent. Self-registrations by dealers and automakers fell 13 percent and 92 percent, respectively.