Cars in crisis, Coronavirus will bring the market to 1.1 million units



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2020 OUTLOOK

Industry operators look bleak and ask for an incentive for new and used items.

by Pier Luigi del Viscovo

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(AFP)

2 ‘reading

One million and one hundred thousand new cars registered this year. To date, it seems like a realistic estimate, made by the Center for Fleet and Mobility Studies based on the indications provided by an online survey by AgitaLab, a group of industry experts, of 240 experts and operators in the world of car.

In the May / July quarter, half of respondents expect a 50% drop compared to last year’s volumes, while one in three even indicates 70% less.

After the summer, from September to December, things should improve, settling at a 30% drop for two-thirds of the sample, but the other indicates even less than 50%. Weighting these values ​​would lead to a closing estimate of around one million.

Bearing in mind, however, that long-term rental should express significantly less critical performance, and despite the fact that car rental will remain out of the market and that dealer self-records (aka km0) seem little less How unlikely, the 1.1 million figure could be at hand. With bowls still.
Therefore, it would be advisable to have a strong stimulus that, according to one of every two interviewees, would have the expanded purpose of making consumption start quickly, accelerating the recovery of the economy.

One in three also points their fingers at the disposition of the stock already available online. But what kind of stimulus, if the experts decided? In order, 41% would give priority to new cars and 38% to recently used cars, Euro 5 and 6, while 23% would prefer tax incentives on company cars, such as 100% deductible VAT , super – depreciation and a high deductibility of cost.

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