|
The Italian vehicle market is booming: in September, registrations totaled 139,356, up over 10% from the previous year, and in the first nine months, they exceeded 1.26 million (+8.7%). In spite of this, they are still 13.6% below the pre-pandemic levels of 2019. The automobile market is likewise changing: hybrids account for more than half of all sales, diesel has dropped below 5%, and the Fiat Panda remains the best-selling model. Electric cars are gaining ground but account for just 7.6% of the market, compared with between a quarter and a third in France and Germany. Behind the encouraging numbers, the industry is suffering: according to the Turin Chamber of Commerce Observatory and Anfia, the connected industries' sales have dropped by almost €3 billion, to €53.5 billion, with Piedmont and its 700 enterprises bearing the highest cost. The Italian suppliers are burdened by the German crisis, as the country is their primary customer. As a result, they are experiencing full warehouses, slower payments, and reduced liquidity to invest in batteries and electronics. National vehicle production is estimated at between 520,000 and 530,000 units, and the supply chain is once again urgently calling for a second carmaker to establish operations in Italy.
|