Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Italy’s car registration in the first eight months of the year rose by 30.9pc to more than 1 million units compared to the same period in 2020, according to the National Association of Automobile Industry (ANFIA). In August, registrations fell 27.3pc to 64,689 units compared to 88,973 units in August 2020. 

 

Under this, registration of diesel cars in January-August dropped by 12.3pc on an annual basis and decreased 55.9pc in August from last year. Petrol car registrations saw a 1.6pc decline in the eight month period over last year and dropped by 49.7pc in August from the same month in 2020. 

 

Registration of alternatively powered cars surged by 155pc in the first eight months of the year, annually, and by 36.2pc in August. Under this, the non-rechargeable hybrids segment grew by 218pc in January-August from the same period in 2020 and increased by 53pc in August alone. Registration of rechargeable cars rose by 81.5pc in the first eight months of the year from a year ago, ANFIA stated. 

 

ANFIA reported that registration of LPG cars grew by 39pc in January-August on an annual basis and was up by 4.2pc in August  from the same month last year. 

 

Leave a Reply

Your email address will not be published.