Italy’s Consumer Confidence & Auto Sales: Toro Italiano by Greenwood Investors
While we love to shy away from talking macro, the Italian economy has undeniably turned the corner with its foot on the gas. We’re very well positioned for the renaissance.
Speed Read:
- We’re Italian Bulls: early cycle industries are improving even further in the third quarter
- Italian consumer confidence at a 13-year high
- Fiat-Chrysler: Italian auto sales now pulling the European average up – FCA’s taking market share in Europe
- Piaggio: Italian scooter sales (which are down >60% from the highs) have begun a very earnest recovery
- Fiat-Chrysler: A study published this past week adds to our previous argument that Fiat hasn’t been “gaming,” its emissions statistics, as its real-world vehicles tested fairly...
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