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Car market collapses, in April -33% in Italy – Industry

The car market in Italy collapses. In April, registrations were 97,339, 32.98% less than in the same month of 2021 and 44.4% less than the pre-Covid levels of 2019. The number of cars sold – underlines the Centro Studi Promotor – is remained below the psychological threshold of 100 thousand units, a level that in normal times is not reached only in August. Since the beginning of the year, 435,647 cars have been sold with a decrease of 26.5% compared to the same period last year and of 38.9% on the same period of 2019.

Almost all car manufacturers are experiencing heavy downturns. The Stellantis group sold 34,504 cars in Italy in April, 41% less than in the same month of 2021, with the share falling to 35.4% compared to 40.3% in April last year. In the four months, the group’s registrations were 158,296, down by 33.6% over the same period of 2021, from 40.3 to 36.3%. The Centro Studi Promotor speaks of “catastrophic data” and explains that the results of the first four months of 2022 are projected over the whole year to obtain a forecast of 1,117,044 units, a level from the 60s of the last century. The war and the delay in the supply of components weigh heavily, but all the associations in the supply chain underline the serious delay in the incentives. For the president of the CSP, Gian Primo Quagliano, these are “intolerable errors, inefficiencies and delays”. When the incentives arrive, “demand for around 200,000 cars will be unlocked. This means that registrations could reach 1,317,000 in the whole year, a level that puts the car’s distribution system into question. in particular, the resilience of the dealer system “.

“The long wait for the incentives looming over the sector has been wearing down the market since the beginning of the year; it is to be hoped that in the next few days the Dpcm on incentives will be published, an act necessary to raise the registration curve that for too many months it has been oriented downwards “underlines Michele Crisci, recently confirmed as president of Unrae for the next three years.

For the president of Anfia, Paolo Scudieri “to avoid further damage to the market, it is necessary to accelerate this process as much as possible, so as to stimulate the recovery of demand, already heavily penalized by the slowdowns in the supply of raw materials and components and, therefore, , of production processes “.

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