(Finance) – The car market in Europe continues its upward trend also in the month of November. In the 30 countries (26 from the EU, the United Kingdom and the 3 EFTA countries) 1,014,630 registrations were registered in the month, +17.4% compared to 864,046 in November 2021. In the 11 months the total is 10,196,115 cars, -5.8% compared to 10,824,193 in January-November 2021 with a loss of 628 thousand units. This is what emerges from the last one report of the National Union of Foreign Motor Vehicle Representatives (Unrae) relating to November 2022.
How projection at the end of the year Unrae estimates for the European market a closing 2022 at 11,300,000 cars sold, equal to about -4% compared to the 11,774,885 units of the whole of 2021.
Registrations of the 5 Major Markets are growing in November, with values ranging from +9.8% of Franceat +10.3% of Spain, +14.7% ofItaly+23.5% of United Kingdomup to +31.4% of the Germany. Over the 11 months Italy – in fourth place both in the month and in the cumulative – maintains the worst performance (-11.6%), kept at a distance by Germany (-2.4%), United Kingdom (-3.4% ), Spain (-4.4%) and France (-8.7%).
in november theItaly distinction continues to be made between the five largest countries such as thelatest market for “plugged” cars, electric and plug-in hybrids. The overall share of these vehicles in Italy has risen to 9.8%, but it is still far from the Germany (39.4%), since United Kingdom (27.7%) and from France (24.4%) and also lags behind the Spain (11.1%).
“We underlined the critical conditions of the car market in Italy in a press conference and in an open letter to Prime Minister Giorgia Meloni, explaining – says the director general of Unrae Andrea Cardinali – Unrae’s proposals for a more accelerated development of zero or very low emission mobility and recalling that the transition in our country has been underway for some years, but has already stalled. We ask the Government – he adds – to give a clear direction to the market on the acceptance of new technologies, otherwise Italy will continue to be the only European country that recedes in the sales of cars with plugs, and will remain only among the 5 major European markets but also with respect to secondary markets, slowing down the energy transition”.
Unrae’s proposals – as he explains Cardinals – they are: strengthening the incentives for the purchase of cars for the renewal of the vehicle fleet at least until 2026 for individuals and companies; develop an infrastructure policy for electric recharging and hydrogen refuelling; review the tax system of the sector by modulating VAT deductibility and cost deductibility based on CO2 emissions for company cars; quickly plan an industrial reconversion of the automotive and components supply chain to restore our country to being a reference at European level.