MILAN -- New-car sales in Italy fell 23 percent in February to 110,869 as demand for full-electric vehicles dropped after government incentives ended, according to data from the country's ministry of infrastructure and transport.
It was the market's second steep monthly sales decline. Registrations in January dropped by 20 percent.
EV sales declined by 8.2 percent in February to give the powertrain a 2.8 percent market share, compared with a 3.4 percent in January. However, this is still a rise from February 2021, when the share was 2.4 percent.
- Click here for Italy sales in February, 2 months.
Incentives aimed at boosting sales of electrified cars were stopped in October, but new subsidies have been promised and should be introduced by the end of March, for full-electric and other low-emission vehicles.
Few brands managed to increase sales last month. Dacia rose 14 percent to a 4.6 percent market share, while Mini posted 17 percent growth.
