Registrations are on the rise in Italy and in Europe
The growing trend continues for the car market: in Italy for the month of May there was an increase of 23.1%. The registrations of the four-wheelers are flying, which in the first 5 months of 2023 alone number 702,339 units.
“In May 2023, the Italian car market grew for the fifth consecutive month since the beginning of the year (+23.1%), once again benefiting from the comparison with a May 2022 decline (-15%)” confirms Paolo Scudieri, President of ANFIA.
What are the best-selling cars
Here are some detailed data, just published by ANFIA:
| Registrations for feeding | MAY 2023 VS MAY 2022 |
| Gasoline cars | +23,9% |
| Diesel cars | +24,4% |
| Electrified cars | +43,2% |
| Non-rechargeable hybrids (HEV) | +27,7% |
| Rechargeable cars (BEV and PHEV) | +7,4% |
| Gas cars | +8,5% |
Small cars or SUV, which are the most requested?
| Segment registrations | MAY 2023 VS MAY 2022 |
| Utilitarian and Superutilitarian | +30,6% |
| Cars of the medium segments | +12% |
| SUV | +33,2% |
The second-hand market totals 448,397 transfers of ownership gross of mini-transfers to dealers in May 2023, 11% more than in May 2022.
Innovation and research the pillars of recovery
The European car market also scores positive points and, with the latest data, recorded a +16.1%.
“The signs of market recovery are strong and supported by the latest data” – they comment from the VRM SPA group. “Surely the commitment put in place to encourage research, development and above all more sustainable processes is reaping its fruits”.
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