The forecasted number of passenger cars less than 2 years old in Italy shows a gradual decline from 2024 to 2028. In 2023, this segment stood at 4 million units. From 2024 to 2028, a steady year-on-year decrease is observed: from 3.993 million in 2024 to 3.935 million in 2028. The compound annual growth rate (CAGR) over these five years is negative, indicating a shrinking segment for new passenger cars.

Future trends to watch:

The impact of economic conditions on car purchases and consumers' willingness to invest in new vehicles.
Developments in electric and hybrid vehicle adoption could alter these forecasts.
Potential government incentives or policy changes aimed at boosting new car sales.