The European car market smiles for the third consecutive month. Also in October 2022, as in September and August, sales of new cars in the Old Continent increased: 910,753 units registered in October, 14.1% more than the 798,505 delivered in the same month last year. A positive figure that involved all five major European markets, but what it wasn’t enough (as expected) to straighten the situation related to the entire year, with deliveries in the January-October cumulative down by 7.8% compared to the same period of 2021.
If in terms of absolute growth Italy is placed third among the top five European markets, behind the United Kingdom and Germany but ahead of Spain and France, in the segment of plug-in hybrid and electric vehicles our country also stood out in October as bringing up the rear, with a share of 8.3% of the total registered in the month, which compares with 32.5% in Germany, 22.4% in France, 21.4% in the United Kingdom and 10.1% in Spain. To weigh on the diffusion of vehicles on tap in Italy is certainly the lack of electric charging networksince the comparison between the various countries on the development of public infrastructures reveals how our country is placed in 14th position in the European ranking with 6.1 recharging points every 100 kilometers against the 8.2 of the European average.
“The unflattering position among the five major European markets shows how the automotive sector in Italy needs with urgent need for a clear and coordinated strategy towards the sustainable transition by central and local institutions – commented the General Manager of Unrae, Andrea Cardinali – To encourage decarbonisation, in line with the principle of technological neutrality, first of all a concrete policy is needed for public and private infrastructures, both for electric recharging and for hydrogen refueling, providing for substantial funds and tax relief, a detailed time schedule of development, an adequate and homogeneous capillarity throughout the Italian territory. In addition, targeted measures are needed maintain and enhance incentives the purchase of cars for the renewal of the circulating fleet up to 2026 in favor of individuals and companies based on the CO2 emission ranges, providing for a contribution also for lower incomes. And it is also necessary to review the tax system for company cars in mixed use, through a review of VAT deductibility and the deductibility of costs, also based on CO2 emissions”.
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