Fiat Executive Bearish on Italian Auto Industry's Recovery

Newswire

MILAN, Nov 7 (Reuters) - Italy's car market shows no signs yet of recovery, unlike other key countries in Europe, a top Fiat executive said on Thursday. Italian car sales fell 5.58 percent in October from a year ago, while sales rose in France, Spain and Germany. "We are not seeing signs of a recovery in Italy, while in other markets we are seeing the glimmer of recovery where the market has touched bottom," said Fiat-Chrysler EMEA chief Alfredo Altavilla. "The real ...

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