Italian, European car markets have not hit bottom:
``The Italian and European car markets are in a free fall and perhaps have not yet hit bottom,'' said Marchionne, who is also the chief executive of Chrysler, at the opening of a new factory outside Turin.
Italian property prices will stay low in 2012, according to Bologna based researchers Nomisma, who believe that continuing problems within the eurozone as well as the plans of the new government will continue to affect the market.