The forecast for the sold production of motor vehicles with petrol engines larger than 1,500 cm³ in Italy shows a steady increase from 2024 to 2028. In 2023, the actual production stood at 301,000 vehicles. The year-on-year growth rates are as follows: 2024 to 2025, an increase of 6.3%; 2025 to 2026, an increase of 5.9%; 2026 to 2027, an increase of 5.5%; and 2027 to 2028, an increase of 5.2%. The compound annual growth rate (CAGR) over the forecasted five-year period is approximately 5.7%.
Future trends to watch for include:
- The impact of environmental regulations on production and consumer preferences.
- Technological advancements in petrol engine efficiency.
- Market shifts towards hybrid and electric vehicles, which could affect petrol engine sales.
- Economic factors and their influence on consumer purchasing power and market demand.