Overview
- Passenger car registrations fell 5.2% in July, driven by a 13.3% plunge in the private channel with over 10,000 fewer vehicles registered.
- Light commercial vehicles bucked the downturn with a 5.6% rise in July, though year-to-date volumes remain 3.8% below last year’s level.
- Battery electric vehicle registrations jumped 35.2% and plug-in hybrid sales climbed 82.6%, lifting their combined market share to 7% in July.
- UNRAE revised its full-year Italy registration forecast down to 1.515 million units as demand stays below pre-pandemic levels.
- Stellantis saw a 12.1% drop in July registrations while Chinese entrants like BYD overtook legacy brands and Tesla volumes declined 4.99%.