Cars, motorcycles and scooters: restarting the markets for Covid-19

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The auto market zeroed in April, with registrations down 97.5% and an entire sector struggling with Phase 2. Since the beginning of the year, new car registrations contracted by 50.7 compared to 2019, the Covid -19, therefore, will leave a strong mark on the automotive market in Italy and Europe. If during the months of March and April the blockade completely blocked sales, the reopening of the dealerships will give a break.

But there is a more general market problem facing the auto sector, made even more dramatic by the health emergency and likely to last for months. This was revealed by industry operators who asked the government for organic measures to support the automotive world. With over 76 billion motor vehicle taxes, for example, Italy follows France and Germany in the tax revenue ranking compiled by ACEA, the association led by European automakers.

The dramatic figure of the Italian car market, with only 4,200 cars registered, follows a few hours from Paris: in April, France registered an 89% drop in registrations, 48% since the beginning of the year, with In the prospect of the reopening of the distributors from May 11 and a support plan for the sector in September, as announced by the Minister of Economy Bruno le Maire.

The reopening of dealerships in Italy anticipates the French market in one week and, instead, follows Germany in about two weeks, where Exhibition halls They reopened on April 21. However, the impact of the pandemic will continue to be serious in the coming months, also in light of the drop in purchasing power and the uncertainties of the moment.

“The strong contraction in GDP already registered in the first quarter of 2020, underlines Gian Primo Quagliano as head of the Centro Studi Promotor, and the negative prospects for the rest of the year make the recovery of the automotive sector problematic.” However, to return to normal, shock therapy is needed, as it also emerges at the European level. “