Italian car output decreases

Italian passenger car production decreased in August following an upward trend until July, Kallanish notes from local carmakers’ association Associazione Nazionale Filiera Industria Automobilistica (Anfia) preliminary data.

Italian car production fell year-on-year by 8.2% in August to 13,251 cars. However, it increased by 20.7% on-year in the first eight months of 2023 to 360,313 units.

By comparison, German output also increased significantly in the first eight months, by 28% to 2.7 million units, and by 15% to 266,800 cars in August. The UK recorded a decrease in August of 9.7% to 45,052 cars but a 11.8% hike to 571,671 units in January-August. Spain’s August car production fell 24.9% to 71,417 but increased in January-August by 13.7% to 1.2 million cars, Anfia points out.

“The automotive production sector is in the context of industrial production and the overall Italian economy still decreasing compared to last year’s levels: in August 2023, the industrial production index as a whole closed 4.2% down compared to August 2022,” Anfia says in a report.

According to service centre sources in Italy, demand for coil from the automotive sector has been weakening since July, adding to the already weak European demand.

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

Italian passenger car output hiked 6.6% y-o-y in full-year 2022 to 473,149 units. Last year, Italy produced 796,394 vehicles in total, including cars, vans and trucks.

Natalia Capra France