Car registrations in Italy, in August + 9.9%. YTD -18.4%

Car registrations in Italy, in August + 9.9%. YTD -18.4%
Car registrations in Italy, in August + 9.9%. YTD -18.4%
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The market returns with a positive sign after 13 months in which it has been in decline. Stellantis recorded a + 16.5%. Two-wheelers also did well with + 3.2%

The auto market marks a recovery in August. After months of double-digit collapses, 71,190 new cars were registered in the month just ended, 9.9% more than the 64,764 sold in the same month a year ago. The balance for the first eight months remains strongly negative. 865,044 cars have been registered since January, 18.4% less than the 1,060,373 sold in the same period of 2021 (DRIVE CLUB – THE SKY TG24 ENGINE BOOK).

Stellantis: + 16.5% registrations in August

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The Stellantis Group registered 25,228 cars in August compared to 21,660 in the same month last year, with a growth of 16.5%. In the first eight months of the year, 317,813 vehicles were registered compared to 412,645 in the same period of 2021 (-23%).

Csp: positive sign after 13 consecutive drops

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The Centro Studi Promotor (Csp) enthusiastically welcomed the August data “after thirteen consecutive monthly drops”. However, he also underlines that “the market is still in deep crisis. The positive result must be grasped, but it does not significantly change the scenario that remains characterized by a crisis both in demand, due to the effects of the pandemic and the war, and in the difficulties of supply to car manufacturers of essential components (microchips, cables) “. According to Gian Primo Quagliano, president of the Center, “the prognosis for the Italian car market remains ‘confidential’. Recovery is not yet in sight and a new threat looms. the discounts granted by the dealers almost disappear and there is the possibility of significant increases in the car price lists linked to the impact of the energy crisis on production costs “.

Two-wheelers are also positive: + 3.2% in August

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The two-wheeler market in Italy also returned to positive in August with 16,126 vehicles sold, registrations of mopeds, scooters and motorcycles recorded a + 3.2% compared to the same month of 2021. The lion’s share was made by motorcycles , with 6,864 vehicles registered, an increase of 13.4%. Scooters, on the other hand, are unable to get back on top, with 7,948 vehicles being registered and losing 5.17% over 2021. The growth of mopeds continues, which in August recorded an increase of 10.8% with 1,314 vehicles, while it marks a first stop (-25.9%) the electrical sector, in positive territory since January. The annual cumulative (-2.4%) remains slightly negative, with 227,425 vehicles registered.

The article is in Italian

Italy

Tags: Car registrations Italy August YTD

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