Italian Automotive Industry was the twelve largest globally in the 2015 and the fifth in Europe. However, the impressive growing trend reported during the first part of 2016 is projecting it back within the top 10.
Italy is the third-largest economy in the euro-zone, but it’s exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets.
Public debt has increased steadily since 2007, topping 132% of GDP in 2014, but investor concerns about Italy and the broader euro-zone crisis eased in 2013, bringing down Italy’s borrowing costs on sovereign government debt from euro-era records.
The domestic light vehicles market has always been one of the top 10 globally with volume record hit in the 2007 with sales at 2.73 million (of which 2.5 million car passenger’s).
Unfortunately the sharp 2008-2009 financial crisis has stormed over this industry that collapsed falling down at the lowest level in thirty years in the 2013, when passenger’s car sold were 1.3 million and LCVs 101.000.
Since the 2014 the market is recovering with 2015 total light vehicles sales rebounded at 1.7 million with the market losing the Top 10 status, ranking 12th at global level.
In the 2016 the market is sharply growing with full year sales projected at 1.96 million (1.8 million cars).
Research, Consulting, Data & Forecast Store
F2M covers intensively this market with several products developed to help any investigation required.
Market Researches in PDF are immediately available for download with study on the market since 2005 and with forecast up to the 2020.
Auto Data in EXCEL are immediately downloadable with annual sales volume, split by month, for all brands and all models distributed in the market. This year data are released year to date, but you will receive a monthly update until the year-end.
All these and more within our Italy Store!