The car in the time of the coronavirus? Very bad mass, obviously. Quattroruote, the specialized monthly Domus, thought with the help of other specialists: Michele Crisci dell’Unrae (Union of Foreign Houses), Adolfo De Stefani Cosentino from Federauto (Association of dealers) and Massimiliano Archiapatti dell’Aniasa (Association of rental companies).
The painting that leaves the service – published in the April issue Quattroruote, on newsstands from April 3 and available in digital edition from March 30 – alarming. According to Crisci, if the blockade of the country continues throughout April, “a 32% drop in registrations, equal to 1.3 million sales over the year, is foreseeable”. The market will thus return to the levels of the 2009 crisis, if not even further, to those of the early 1970s.
A situation, adds Federauto’s number one, De Stefani Cosentino, who “would put indebted dealers at risk of survival or struggling with recent and important investments, given that the impact of the coronavirus could compromise, on average, 40-50% of the 2020 income statement”. Fear shared by Archiapatti, according to which “there is a fear that some of the smaller rental companies will not be able to overcome this moment”.
So what to do? The sector’s request to the government this: to quickly create a new scrapping cycle, as aired long ago by the Minister of Economic Development Stefano Patuanelli. Not only that: incentives should be extended to company cars and commercial vehicles. “It is necessary – writes Quattroruote director Gian Luca Pellegrini in the editorial – that the car overcome the divisions that compromise its credibility on the public agenda. That a single strong voice be raised to convince politics to defend an industry that employs millions of people. It takes courageous choices and for me this means, as a first Brussels measure, to immediately freeze the CO2 sanctions that entered into force in January: the decarbonisation process can wait, if on the other side of the balance there is not simple competitiveness, but the survival of the European car ”.
For Quattroruote, the pandemic-induced crisis has highlighted another aspect of the fragility of the globalized system: the dependence of the production system on supplies of indispensable components that come from the other side of the world. This is the case of a factory of electromechanical elements such as the MTA in Codogno (Lodi), which is located in the heart of the “red zone” and has had to stop or reduce its activity, making plants in Brazil, India or China difficult, that risk having to stop the lines due to the lack of those essential pieces, whose stocks are reduced to a minimum by production with the just in time method.
two-way globalization, which sees Italy not only importing components from countries with low labor costs, but also producing and sending elements that require more complex processing to geographically distant factories. In fact, as Quattroruote’s analysis still reveals, all cars are now made with this sort of planetary supply chain, the risks of which have been clearly highlighted by the coronavirus crisis.
March 26, 2020 (change March 26, 2020 | 11:58)
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