Positive month February 2024 for the Italian car market. According to data provided by UNRAE, in the month just ended there were 147,094 registrationscompared to 130,405 a year ago (+12.8%). However, in the first two months of the year, a total of 289,103 vehicles were registered, representing an increase of 11.7% compared to the same period in 2023. The numbers are still far from the pre-pandemic period (-15.9% in the January-February 2019 period).
UNRAE reiterates the importance of the new incentive structure being introduced as soon as possible. The anticipation of the new Ecobonus has effectively paralyzed sales of zero or very low emission vehicles.
We are awaiting the publication of a Prime Ministerial Order that will bring into effect the new 2024 incentives that have been announced for months and are paralyzing sales of zero or very low emission vehicles. As has been reiterated many times, we hope that incentives will come into full effect as soon as possible to avoid further continuation of this negative expectation effect.
The fact that the expectation of new incentives is affecting sales of electric models can also be judged from data for February 2024. Despite the increase compared to January, in February the share of BEVs stalled at 3.4% and the share of PHEVs at 3.2% of the total market.
Returning to the February 2024 data, on the data front users, individuals reach a market share of 57.1%. However, the share of registered cars is 9.2% of the total. The share of long-term rentals is reduced to 20.0% per month. In February, short-term rentals showed strong growth, reaching 8.1% for the month. The company owns 5.6% shares.
Let’s move on to Power suppliesGasoline models gain 30% of volumes and reach a share of 31.31%. Diesel’s share, down by double digits, fell 4.4 points in February to 14.8% of the total. However, for liquefied petroleum gas this share is 9.5%, and for methane it is only 0.2%. Hybrid vehicles continue to grow and hold a market share of 37.8%, with 10% coming from “full” hybrids and 27.8% from “mild” hybrids. Finally, in February, the BEV share stalled at 3.4% and the PHEV share at 3.2%.
Speaking of car groups, Stellantis ends February with an increase of 17.43% (Alfa Romeo 1889/+7.51%; Citroen 6463/+40.32%; DS 434/-32.71%; Fiat 17580/+14.83%; Jeep 6497/ +4%; Lancia 4152 / +68.99%; Maserati 221 / -15.33%; Opel 4107 / +2.24%; Peugeot 7708 / +19.10%). Volkswagen Group, however, receives +5.67% (Audi 6406 / +15.11%; Cupra 1823 / +63.94; Lamborghini 36 / -7.69%; Seat 1816 / +64.20%; Skoda 3187 / +18, 78%; Volkswagen 9860 / -13.37%). Then we have Renault Group with an increase of 12.01% (Dacia 8,974/+15.01%; Renault 7,408/+8.57%).
[Fonte dati: UNRAE]
Source: HD Motori
Ashley Fitzgerald is an accomplished journalist in the field of technology. She currently works as a writer at 24 news breaker. With a deep understanding of the latest technology developments, Ashley’s writing provides readers with insightful analysis and unique perspectives on the industry.