Italy's automotive market is experiencing a significant surge in new-car registrations, a trend that has been building momentum in recent months. According to the latest data, the country saw a substantial increase in the number of new vehicles being registered, with many industry analysts attributing this growth to a combination of factors, including the lingering effects of the COVID-19 pandemic and the upcoming changes to electric vehicle (EV) incentives. As Italy prepares to phase out its current EV subsidy scheme, many consumers are racing to take advantage of the remaining incentives, leading to a surge in demand for eco-friendly vehicles. However, with the new EV incentives set to be introduced, industry experts are warning that the market may experience a significant downturn once the current subsidies expire.
New-car registrations soar in Italy amid looming EV incentive issues Autovista24
