Italian car output continues to decline

Italian passenger car output decreased slightly year-on-year in February and fell significantly versus 2020, Kallanish notes from local carmakers’ association Associazione Nazionale Filiera Industria Automobilistica (Anfia) preliminary data.

Passenger car production stood at 39,055 units in February and 78,293 units in January-February 2022. Output was at 38,813 units in February 2021 and 77,245 in the first two months of 2021. In February 2020, the first year of the pandemic, output reached 52,205 units, and 87,423 units in January-February 2020, Anfia says.

Italian passenger car output decreased by 2.1% y-o-y in full-year 2021 to 442,432 units. It stood at 451,718 units in 2020 versus 542,472 units in 2019.

At present, automakers’ plants in Italy are implementing production stoppages due to the component shortage and sluggish consumer demand. Passenger car registrations continue to fall in Europe and Italy. Italian coil sellers and buyers report slow demand from the automotive sector, which is causing coil prices to fall, Kallanish notes.

Italy has 23 car production plants. By comparison, Spain has 17 plants, France 31 and Germany 42.

Natalia Capra France