(Finance) – In the month of November the commercial vehicle market records the fourth consecutive decline, with 16,107 registrations: over 3,000 units less than the 19,151 in the same month 2023, a decrease of 15.9%. 2024 is characterized by a two-speed trend: the first seven months of the year showed constant growth – also the result of the collection of orders at the end of 2023 – while in the last four months the market went into reverse.
Overall growth in the first eleven months of the year stood at 2.5%, with 183,336 units compared to 178,829 in January-November 2023. Registrations of pure electric vehicles show a stable share of 1.9% in the first 11 months , down compared to 3.3% in the same period of 2023, while in November they stood at 2.5% compared to to 1.9% a year ago.
UNRAE estimates for the end of 2024 a market of 198,000 registrationswith a slight increase (+0.7%) compared to the 196,552 units of 2023, confirming the substantial stability of the sector despite the economic difficulties. The forecast for 2025 is 190,000 registrations, down 4% (-8,000 units), but still higher than the average of the last eight years, which stands at 183,500 units.
The President Michele Crisci underlines: “For the commercial vehicle sector, the Ecobonus 2024 incentive plan has highlighted some criticality in its structure, with the consequent residue of approximately 14 million euros out of the 53 allocated. Therefore, we hope for the adoption of a multi-year plan starting from 2025, which takes into consideration the corrective measures proposed several times to improve their effectiveness. This should be accompanied by financial resources aimed at specific interventions, for example in the field of taxation, in order to achieve with determination the ambitious energy transition objectives outlined by the European Union”.
In line with the Competitiveness Report presented by Mario Draghi to the European Commission last 9 September, UNRAE reiterates the crucial importance of the rapid deployment of a charging infrastructure networkcurrently inadequate at European level. In this regard, the Association continues to urge the introduction of a 50% tax credit for private investments in fast charging (over 70 kW) in the three-year period 2025-2027, considering these interventions essential to support the development of mobility zero emissions and support the commercial vehicle sector at a time of strategic transformation.
The market structure of the 11 months of 2024, with almost definitive data, compared with the same period of 2023, confirms a generalized growth for all sales channels, with the exception of car registrations. Private individuals grew in volume and lost just 0.1 points of share, to 15.0%. Long-term rental lost 0.7 points, falling to 31.6% of the total market, due to the decline in both Top and Captive companies. Short-term rental gains 2 decimals, rising to 6.2% share, entities and companies maintain first position and, with growth above the market, gain 0.8 share points, to 39.8%. Car registrations stopped at 7.3%, dropping 0.3 points.
On the engine front, in January-November diesel – the only engine growing – gained 3.8 points of share and rose to 84.0% of the market. The petrol engine loses 0.4 decimals, stopping at 3.8%. LPG loses 0.3 points and drops to 2.7%, methane stops at 0.1% of the total, like plug-in vehicles. As anticipated, BEV vehicles are in sharp decline, going from 3.3% a year ago to the current 1.9%, while hybrid vehicles lose 0.9 points and cover 7.5% of the total.
Consequently, the weighted average CO2 in the 11 months of the year grows by 3.6% to 195.8 g/Km (compared to 188.9 g/Km in the same period in 2023).