Incentives for car – Dl August, the new funding for the sector down to half a billion euros

According to the recent rumors on the scope of the appropriations foreseen in the so-called decree-law of August, and the hopes of the automotive industry are in danger of being again dashed. For now there are still no official figures, but it also speaks of only half a billion euros of new funds to benefit one of the economic sectors most important in the Country, as well as the most affected by the pandemic of coronavirus.

The resources so far committed. For now, the government has passed very little for a sector with a considerable weight on the entire Italian economy: the supply chain of the car is worth at least 10% of the Gdp and employs over 1.2 million people. The launch of the scrappage scheme and the relative strengthening of the mechanism of the ecobonus were welcomed by the representatives of most of the components of the same chain, but the amount allocated in the decree Relaunch has dampened the enthusiasm: just 50 million euros, considered to be insufficient to boost demand, especially from the industrial fabric of turin, strongly dependent on the automotive industry.

The new promises. Shortly after the launch of the nth measure is intended to contain the economic effects of the pandemic have emerged the first rumors about a new intervention in favour of the car, precisely in the light of the small amount allocated in the dl Again: they spoke of around 1 billion of new resources. Now, a few days from the first confirmation on the part of the minister of Economy, Roberto Gualtieri, the bar has been lowered even further, down to 500 million, about 25 billion of new deficits that the government is preparing to ask Parliament for the new measures. Probably, the latter will already be launched next week, maybe between 5 and 6 August. The dl August should, among other things, close the series of anti-crisis decrees enacted by the executive as Count from march onwards and make up to 100 billion euros the total amount of the operations carried out to contain the consequences of the pandemic through lack of budget, i.e. the deficit with respect to the availability of the State and then through the emission of new public debt.

Source: Quattroruote.en – Edited by Anthon K.