In 2023, new registrations of petrol passenger cars, including hybrids, in Italy stood at 800,000. Looking at forecasted data through 2028, a steady growth trend is evident, with annual registrations increasing from 815,310 in 2024 to 864,360 in 2028. Year-on-year growth rates from 2024 onwards average around 1.5%. Over the five-year period, the compound annual growth rate (CAGR) is approximately 1.6%, reflecting modest growth in this market segment.
Future trends to watch include stronger adoption of electric and hybrid vehicles driven by government incentives and stricter environmental regulations. Advances in hybrid technology and fluctuating fuel prices could further influence these trends.
