TURIN -- New car sales in August in Italy -- the key, domestic market of Fiat -- are expected to be in line with the same month of last year at about 90,000 units, industry sources said on Monday.
"There are still two working days to come and therefore the estimates should be taken with care but ... sales in the month should be similar to last year," one of the sources told Reuters ahead of the data which is due out on Friday.
Another source said there could be sales of a few thousand units above or below the figure of just over 90,000 posted in August last year.
Italian car sales fell nearly 6 percent year-on-year in July when there were fewer working days than in the same month in 2003. Soaring oil prices, high insurance costs and uncertainty over when the government will introduce tax breaks to kickstart the economy have also been seen as factors holding back sales.
Fiat took 28.2 percent of the market in July, up from 26.6 percent in June, according to preliminary data from Italy's Transport Ministry.