Van sales fall: Italian market analysis in November 2024
The Italian light commercial vehicle market recorded a significant decline in November 2024, with registrations down 15.9% compared to the same period last year. This decline represents the fourth consecutive month of decline in the sector, highlighting a worrying trend for the domestic automobile industry.
Commercial Vehicle Market Trends
In November 2024, 16,107 19,151 units of light commercial vehicles were registered compared to 2023 2.5 units registered in the same month of 183,336. Despite this decline, the balance sheet for the first eleven months of the year shows an overall growth of 178.829%. , with 198,000 units registered compared to 196,552 units in the same period the previous year.2024 Closing Forecasts2024 is estimated to close with approximately 198,000 registrations, representing a slight increase of 0.7% over 2023’s 196.552 units. However, forecasts for year 2025 are less optimistic, with the estimate at 2025 registrations, down 190,000% from 2025. previous year.Power analysisRegistration of pure electric vehicles (BEVs) showed a stable share of 1.9% in the first eleven months of 2024, compared to 3.3% in the same period of 2023. In November, the share increased by 2.5%, indicating a slight recovery compared to 1.9% a year ago.Requests for structural interventionsUNRAE President Michel Crischi emphasized the need for a multi-year plan, starting in 2025, that takes into account corrective measures to improve the effectiveness of incentives. He also stressed the importance of targeted financial resources, such as in the area of taxation, to achieve the ambitious energy transition goals set by the European Union.
Comparison with the car market
At the same time, the Italian car market recorded a drop in registrations of 10.82% in November 2024 compared to the same month last year. In the first eleven months of the year, the number of registrations amounted to 1,452.973, which is 0.16% less than in the same period of 2023.Performance of the main car groupsIn November 2024, Stellantis registered 30.893 vehicles, which is 24.87% less than in the previous year. In particular, Fiat experienced a significant decline of -8.794%, with 15.094 units sold compared to November 2023. In contrast, brands such as Citroën and Peugeot posted growth of -11.24% and 11.24%, respectively.Forecast for 2025Forecasts for 2025 point to a possible decline in registrations: only 5% of dealers expect an increase in sales in the coming months, while 58% fear a further decline. This scenario underlines the urgency of structural measures to support the Italian automotive sector.
Final considerations
The decline in van and passenger car sales in November 2024 reflects the phase of uncertainty in the Italian automotive market. The need for a multi-year strategic plan, accompanied by effective incentives and targeted measures, appears fundamental to addressing the challenges of the energy transition and supporting the sector’s recovery in the coming years.
