Home » Car market: Italian registrations in apparent growth in April, with the end of incentives risk a return to the 60s

Car market: Italian registrations in apparent growth in April, with the end of incentives risk a return to the 60s

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Only apparent growth of the car market in Italy. According to data released today by the Ministry of Infrastructure and Mobility, 145,033 cars were registered in April, against 4,295 units registered in April 2020, which had closed at -97.5% due to the total lockdown. A staggered comparison. Referring therefore to the last normal April, that is to April 2019, there was a decrease of 17.1%.

“As already happened in March, even in April of the current year the apparent growth of the market is actually the result of the comparison with the worst April in history, given that in 2020 sales were practically zero”, he says. Paolo Scudieri, president of Anfia.

The decline does not reflect the actual market situation, which it really is much more negative than appears from the statistics and this is because in 2019 there were no incentives in force for the most requested cars, which are those with CO2 emissions from 61 to 135 gr / km, while from 1 January 2021 incentives are in force for this range of cars for 250 million euros. This allocation has undoubtedly supported demand, but was not able to fully compensate for the highly negative impact of the pandemic.

The push of incentives booked before the funds run out should continue in the first half of May. Then, according to the Centro Studi Promotor, a much more severe crisis will open for the car market than that of the first quarter of this year which could lead 2021 to close its final balance even far below the catastrophic result of 2020. in which, with 1,381,646 cars sold, we returned to the levels of 50 years ago, that is to say the 70s of the last century. A further decline on these levels would open a dangerous scenario for the Italian car market it could even plummet to the levels of the 1960s with all that this entails also for the gross domestic product of the country on which the impact of the car and its related activities reaches 12.5%.

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Among the houses, the Group Stellantisoverall, in the month it totaled 58,504 registrations, with a market share of 40.3%. In the cumulative since the beginning of 2021, the group’s overall registrations amounted to 238,973 units (+ 63.6%), with a market share of 40.4%.

There are seven Stellantis Group models in the top ten in April, with the Fiat Panda still at the top of the standings (10,108 units), followed in second place by the Lancia Ypsilon (5,152), which recovered one position compared to the top ten in March, and, in third place, by the Fiat 500 (4,670), which rises two places. In fourth place we find the Fiat 500X (4,101), followed, in the fifth, by the Jeep Renegade (4,079) and, in the eighth, by the Citroen C3 (3,113). Closes the top ten, in tenth place, Opel Corsa (2,966), which gains one position.

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