ITALY’S NEW AUTOMOTIVE DECREE: FROM PURCHASE INCENTIVES TO INDUSTRIAL POLICY: THE CHALLENGE NOW IS TURNING PUBLIC RESOURCES INTO LONG-TERM INVESTMENT

team vallettaAutomotive, In the Press, Pietro Meda

With the new Automotive Decree (DPCM Automotive), the Italian Government is shifting its approach to supporting the automotive sector: less emphasis on purchase incentives and greater focus on strengthening the industrial supply chain through investments in research, innovation, components manufacturing and production conversion.

Will the new Automotive Decree truly enhance the competitiveness of Italy's automotive supply chain?

Interviewed by QN Motori, Pietro Meda notes that, while the measure is "certainly welcome", particularly because it allocates the majority of available resources to the production chain, "the key risk to avoid with a measure of this kind is creating a market that appears artificially stronger due to incentives. This could produce data that do not accurately reflect real demand, potentially distorting future industrial and economic policy decisions."

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