Italy says longer auto incentives depends on EU

Newswire

ROME, Dec 23 (Reuters) - Italy will wait to see what its European partners do before deciding whether to renew its financial incentives for people to buy new, less polluting cars, Economy Minister Giulio Tremonti said on Wednesday. The current incentives are due to expire on Dec. 31. The chief executive of Italy's top carmaker Fiat , Sergio Marchionne, has warned that sales will be hit badly if the incentives are ended abruptly. Industry Minister Claudio Scajola has said they are likely ...

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