Reason for which, through a press release, the associations Anfia, Federauto and Unrae have asked for new car incentives. Here are their first statements about it:
The market has stopped. The health emergency and the exhaustion of market incentives cause car orders to collapse and bring the sector back into a deep crisis.
Immediately after, referring to the importance of new allocations, the trade associations would have stated:
These incentives, albeit for a very short period of time, have immediately shown their effectiveness and are for this reason they must be reactivated until the health emergency is in progress.
New car incentives intended for the main market segments could represent one of the few necessary and indispensable maneuvers to ensure that the sector quickly gets back on track, thus avoiding the “meltdown”. Up to now, the government has not expressed itself on the matter, in fact it is not yet clear whether, in 2021, new funds will be allocated by the executive. However, some rumors claim that new funds are ready - which will enter the Budget Law - which would amount to about 400 million euros.
Thanks to the money made available by the Government, now finished, slight positive signs have been highlighted. In fact, the data relating to registrations in our country speak for themselves. The month of September 2020 recorded an increase of + 9.5% compared to 12 months ago. Unfortunately, however, the month of October closed in negative, recording a decrease of -0.2%. At this rate, 2020 could end with a drastic -27% compared to 2019.
Not including adequate funds in the text of the next Budget Law for the refinancing of incentives would constitute a very serious loss both in terms of economic strategy and environmental vision for our country.
With these words, Anfia, Federauto and Unrae highlight the important role that the car sector plays in the Italian economy, which represents 10% of GDP, bringing about 80 to the state coffers billions of tax revenues.