Companies / Italy
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Punto To Boost Italian Market
April 2006 | Industry ForecastSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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The new Fiat Punto model, launched in September 2005, should help reverse the downward trend in car production over the forecast period. However, the rate of output growth will be modest. We forecast a 4% fall in car output in 2005 to 800,239 units. For the rest of the forecast period, car production will grow by an average of 1.5% per annum. BMI believes that the new Punto will boost Italian exports to the rest of Europe, assisted by eurozone growth rates of up to 2.4%. The commercial vehicle segment will see stronger levels of growth, as seen in the