Auto, in May it is still deep red: sales at -27.9% –

by time news

In May 142,730 cars were registered in Italy with a decline of 27.9% on May 2019, which was pandemic-free in the last month of May. The decline would have been even more serious if in the first months of this 2021 incentives had not been in place also for the purchase of traditionally fueled cars with low CO2 emissions. However, the budget for these incentives ran out on 8 April. For a few weeks the market will still be supported by the incentives booked until April 8th. It is expected that, starting from mid-June, the situation of the car market will worsen significantly with significant consequences both because, with the lack of incentives, the further postponement of the replacement of cars already at the end of the race will have heavy effects. on the environment and traffic safety, and because a further decline in sales will significantly affect the recovery of the economy given the strong weight of the auto sector and its related activities on GDP.

To avoid this eventuality, during the development of the Sostegni-bis Decree, the possibility of refinancing for 2021 with an allocation of 400 million the incentives for cars with CO2 emissions contained between 61 and 135 gr / km was considered. . The presentation to the Parliament of the Sostegni-bis decree for the conversion into law was for a cold shower. The text of the Decree, contrary to the expectations and advances that had been made, does not provide for allocations for car incentives. The Government has in fact left to Parliament the burden of introducing a possible amendment in this sense to the Decree. The funds available for the amendments are only 800 million and the needs to be met with the amendments are the most varied.

It is therefore necessary – says Gian Primo Quagliano, president of the Promotor Study Center – that the Government find adequate funds to refinance in the shortest possible time the incentives for cars with CO2 emissions contained between 61 and 135 g / km. Among other things, as it is easy to demonstrate, the allocation of 400 million that we had talked about would be more than entirely recovered with the VAT revenue of the cars sold in addition thanks to the incentives and to this is added the certainty that without incentives the car market in the coming months it could collapse with everything that would ensue also in terms of growth in gross domestic product.

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