Even before the bubbles inflate and deflate in the real estate market -even when the derivatives were at most petroleum hypo products- the ''ants'' of saving money in Europe that was exiting the war were investing their savings in car, symbol of ambition and limitless progress.
Now, in 2013 we live in thousands of uncertainties and we are out of the annus horribilis which changed the history of the world. In 2012, which among other things was a dark time for buying a car, the new car licences went back to the levels of 1979. The phenomenon was called ''Carmageddon'' and severely affected all Europe apart from the United Kingdom. As the ''Promotor Research Center'' remarks, ''The account of 2012 brings the italian economy 33 whole years back, that is to the levels of 1979 when the new car licences amounted to 1.397.039'', highlighting that the data become even more dramatic if we take into account that the global car market should have set a new record for 2012 and the prediction related to even more development within 2013. In fact, the car crisis has only to do with the eurozone and it is an immediate consequence of the drawdown in the actual economy which is due to austerity policies''.
Moreover, the future very closely connects the fate of the economy with that of the car and generally the political regulation which has been governing Italy since March
According to the ''Promotor's'' analysis, the financial crisis in Italy ''is undoubtedly the basic factor responsible for the decrease of cars sales; however, in 2012 even more elements led to the compression of the new car licences numbers: the expensive fuel, costly insurances, difficulty in finding financial support, excessive taxation and even the rapid decline of the Italian Statistics Agency (Istat) indices regarding the companies' and the consumers' fidelity''. So, it seems that this data marks in a way the end of an economic cycle: in the 50's we started from the car and in 2013 we are back to it but with a completely opposite operator. Moreover, the future very closely connects the fate of the economy with that of the car and generally the political regulation which has been governing Italy since March.
If the “forced” majority of the centre- right and centre-left which came out of the ballot box can calm not only the money markets but also the consumers then, one can assume that the recovery of the resulting confidence could bring about in a few months the reversal of the tendency which would reduce the additional shrinking of this market in relation to the rest of the actual economy. The ''Promotor'' was having the faith that ''the announcement of a less punitive financial policy regarding cars and motorists will be needed''. This has not been confirmed so far, considering that Letta's government efforts include more urgent issues such as the suspension of the VAT increase and the new property tax. Therefore, the message is clear. It applies to Italy and other countries that were cruelly struck by crisis, like Greece, where Porsche and Jeep are sold (out) for more than 10.000 € without anyone being willing to buy them.
The reassurance of the fiscal policies, at least as they mean it in Germany, is not combined with a car market which will start to move again. Little money has to be poured in the financial cycle or else we will return to the italian ''car- free Sundays'' of the 70's. Then, gasoline was missing. Today there is gasoline but we do not know where to put it.