In 2023, the number of petrol passenger cars with an engine size of at least 2000 cc in Italy stood at approximately 324.48 thousand units. From 2024 onwards, this figure is projected to decline annually. A year-on-year decrease is expected, with a compound annual growth rate (CAGR) of -1.23% from 2024 to 2028. This indicates a clear downward trend in the volume of these vehicles.
Future trends to watch for:
- Potential impact of stricter environmental regulations on large petrol engine adoption.
- The growing preference for electric and hybrid vehicles as sustainable alternatives.
- Shifting consumer preferences towards smaller and more fuel-efficient vehicles.