Auto market, new collapse in April: registrations -33%

Auto market new collapse in April registrations 33

(Finance) – The Ministry of Sustainable Infrastructures and Mobility has announced that in April 2022 they were registered 97,339 cars compared to the 145,243 registrations registered in the same month of the previous year, with a drop by almost 33%.

According to Unrae“the delay of the implementing decree for the incentiveswhich still does not see the light, has weighed down the already significant collapse of the registration market “, underlining that in April 2021 there were 48,000 fewer cars for what becomes the second negative record of the last 12 months.” The long wait of the incentives looming over the sector have been wearing down the market since the beginning of the year; it is to be hoped that already in the next few days the necessary Prime Ministerial Decree on incentives will be published, an act necessary to raise the registration curve that has been for too many months oriented downwards, ”he commented Michele CrisciPresident of the association representing foreign houses in Italy.

“The double-digit decline that, from the second half of last year, characterizes the monthly trend of the auto market, in April at -33%, also thanks to two working days less in April 2022 compared to April 2021 (19 days against 21) – said Paolo SquiresPresident of ANFIA -. On the negative trend of registrations, the expectation of the effective entry into force of the incentives for the purchase of electric, hybrid and low-emission vehicles – cars and motorcycles – defined by the Dpcm signed last April 6 (650 million euros for each of the years 2022-2023-2024), from which the registration of the Court of Auditors, the publication in the Official Gazette and the updating of the Ecobonus web platform still separate us. 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 slowdown in the supply of raw materials and components and, therefore, of the production processes “.

But what will happen when the incentives are finally paid? According to Gian Primo Quaglianopresident of the Promotor Study Center“the demand for about 200,000 cars will be released. This means that registrations could reach 1,317,000 registrations in the whole year, a level that seriously questions the resilience of the car’s distribution system and is at risk. in particular, the resilience of the dealer system which, unlike the car manufacturers, have no other markets on which to find compensation for the Italian disaster and which have already seen the number of their companies reduced to 1,220, while in 2007, i.e. on the eve of the crisis of subprime mortgages, there were 2,785 “.

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