In addition, escalating fuel prices and high costs associated with maintaining a car could have affected car sales as well. Recently, petrol prices hit €2 (S$3.20) a litre and the average cost of car ownership is estimated to be around €7000 (S$11,210) per annum.
This combination has caused traffic congestion in many parts of Italy. President of the Italian Federation of Bike Lovers, Antonio Della Venezia, commented that people who have only ever driven cars are changing their thinking and he does not think that car sales in Italy will return to the level before 2008.
Cycling is good for both the human body and the environment. In addition, it is kinder on the wallet too as compared to driving!