Italian auto market, black crisis: the situation is not improving

UNRAE launched the registration information in Italy in October 2021. As soon as once more the market exhibits a deep scourge, that of the disaster attributable to the tough state of affairs of the Covid-19 pandemic that started final 12 months, which sadly nonetheless immediately brings with it unprecedented aftermath.

The variety of registrations in October stood at 101,015 share, with a lower of 35.7% in comparison with 157,188 in the identical month of 2020. This is a crucial lower, of virtually 360,000 vehicles in all within the first ten months in comparison with the identical interval of 2019. Along with the harm attributable to the pandemic, sadly immediately the state of affairs continues to be dramatic for the market because of the semiconductor disaster, which we’ve already talked about rather a lot.

The microchips important for the manufacturing of latest vehicles are missing, and due to this fact the producers are in nice issue, with a severe delay within the deliveries of the brand new automobiles offered. Sadly, no short-term enchancment is predicted, the speculation is certainly that of closing 2021 with a complete quantity that doesn’t transcend 1,500,000 models; that is 417,000 fewer vehicles than in 2019, within the pre-Covid period, with a lower of 21.7%.

Let’s focus on auto incentives, which clearly have contributed and proceed to contribute to the development of the state of affairs of the automotive market, not directly pushing gross sales, particularly as regards electrical and hybrid automobiles. Certainly, in October, ‘on faucet’ fashions recorded a 12% share (7% for EVs, 5% for plug-in hybrids) and hybrids by 35.2% (8.2% for full hybrids and 27% for milds). Bonus and Ecobonus clearly have an emergency nature, even when sadly they did not push the restoration of the market, or not less than not as a lot as hoped.

In accordance with Salvatore Saladino, Nation Supervisor of Dataforce Italy, sadly “the demand for brand spanking new vehicles is now not in disaster: this has turn into a market pushed by the (scarce) provide that no incentive will have the ability to revive so long as the disaster within the manufacturing of important parts lasts “.

Even the president of UNRAE, Michele Crisci, thinks in the identical manner: “On this state of affairs, the absence of any measure for the automotive sector within the draft finances regulation, regardless of some ministers having ensured an imminent three-year plan of helps. We proceed to rely on the monetary maneuver as an acceptable instrument for a second medium-term strategic intervention the three pointers indicated by UNRAE: refinancing of the Ecobonus; tax assessment, specifically for the corporate automotive class; a plan for the widespread and homogeneous improvement of recharging infrastructures all through the territory, with high-power stations on the motorways “.

Returning to the variety of vehicles offered, if we’ve seen a great development in electrical and hybrid vehicles, we are able to solely notice as an alternative the continual decline of diesel and petrol engines, immediately in decline, additionally penalized by the rise in gasoline costs, which provides no respite and may be very heavy for the pockets of Italians. The used automotive market can be in disaster (-16.8% in October 2021 in comparison with the identical month final 12 months); there have been 297,892 modifications of possession, gross of mini-revolutions.