MILAN -- New-car sales in Italy fell 20 percent in January to 107,814 as demand for full-electric vehicles dropped after government incentives ended, according to data from the country's ministry of infrastructure and transport.
EVs saw their share decline from 2021 peaks after "help-to-buy" incentives stopped in October and were not renewed. The share of full-electric cars was 3.4 percent in January, up from 1.8 percent in January 2021, but down from 7 percent in December and 4.6 percent for the full year.
- Click here for Italy sales for January
According to industry association UNRAE, January 2022 had one additional selling day.
Among mass-market brands that gained volume, Dacia rose 43 percent to a 5.4 percent share, while Hyundai jumped 40 percent, and Kia grew 8.4 percent.
