ANFIA - Italian Association of the Automotive Industry. Algeri, 10 th January 2019

Transcription

1 ANFIA - Italian Association of the Automotive Industry Algeri, 10 th January 2019

2 Agenda Presentation of ANFIA and the Italian automotive sector Business relations between Italy and the North African countries Collaboration and investment opportunities in the automotive sector 2

3 Presentation of ANFIA and the Italian automotive sector

4 Who we are With 300 associate members, has been one of the leading Italian Trade Associations, members of CONFINDUSTRIA, for more than 100 years. Structure and represented sectors: 3 product groups divided in different sections COMPONENTS CAR COACHBUILDERS AND DESIGNERS COACHBUILDERS AND MANUFACTURERS MOTOR VEHICLES DESIGN AND PRODUCT DEVELOPMENT ENGINEERING Association activities Public Affairs Technical and regulatory affairs Studies and Statistics Internazionalization Training Vision: creating value for automotive world 4

5 Automotive industry in Italy 5,700 companies in the production industry (motor vehicles, components, tyres) Bn turnover of production industry (6% of national GDP) 1.2 million employees (both direct and indirect) 259,000 of whom in the production industry (7.1% of the manufacturing sector in Italy) 1 private investor in R&D, with 1.8 Bn yearly investments, 12.7% of R&D spending of manufacturing sector in Italy 45 Bn export 74.4 Bn fiscal burden on motorization, 16% of national fiscal revenues; 4.3% of national GDP 5

6 Focus on Components industry in Italy Figures and facts A unique and complete supply chain ( from concept to car ) Turnover: 46.5 bn in 2017 Export: 21.2 bn in 2017 Trade balance: +5.7 bn in 2017 N of companies: 2,200 Design, Style and engineering services Modules and systems Lighting and signaling devices Electrical / electronic components Components for bodyworks and interiors Engine and transmission components Steering, suspension and braking system components 75% of a car today is made by parts and components (roughly 30,000, externally supplied to Car Manufacturers) Italian technological excellencies CNG (Compressed Natural Gas) and LPG (Liquefied Petroleum Gas) systems Powertrain technologies Connected and autonomous driving technologies Engineering, Design & Styling Source: ANFIA; Italian Automotive Report 2018 Ed. 6

7 OEM s Italian Plants Grugliasco Modena Torino- Mirafiori Sant Agata Bolognese Pontedera Sevel Cassino Melfi Pomigliano d Arco 7

8 ITALY - Domestic production and export (units) Production Export % Chg Jan/Sep % Chg Jan/Sep % on 17/ / prod. Cars , , % Lcv , , % Light Vehicles , , % Trucks and Buses , , % Total , , % Source: car makers 8

9 ITALY - Vehicles sales (units) Processed by ANFIA on data from the Italian Department of Transport % Chg % Chg. 17/16 18/17 Motor Vehicles , ,2 Cars , ,1 Lcv , ,8 Trucks , ,1 Buses , ,7 Trailers and Semitrailers , ,1 Light trailers , ,3 Heavy trailers , ,7 Heavy semitrailers , ,2 Motor-cycles , ,3 Scooter , ,7 Motrbikes , ,7 Motor-cycles under 50cc , ,4 9

10 Business relations between Italy and the North African countries

11 Italy vs North Africa: Motor Vehicles Trade new and used motor vehicles UNITS Import Export Balance VALUE IN MILLION EURO Import Export Balance Exports by country of destination, million euro Export 2016 Balance 2016 Export 2017 Balance 2017 Morocco Tunisia Algeria Egypt Libia Lebanon Giordania TOTAL NORTH AFRICA ANFIA on ISTAT data 11

12 Italy vs North Africa: parts and components of vehicles Trade parts and components for motor vehicles VALUE IN MILLION EURO Import Export Balance H Exports by country of destination, million euro Export 2017 Balance 2017 Export 1H 2018 Balance 1H 2018 Tunisia Algeria Morocco Egypt Lebanon Libia Giordania Total North Africa ANFIA on ISTAT data 12

13 Production of motor vehicles in Algeria, Egypt, Morocco Fitch Solutions s projections Morocco is becoming an ever more important global producer of vehicles. In 2017 EU imported from Morocco about 241,000 passenger car (+22% on 2016) for a value of 1,907 million (+23% on 2016). 13

14 Key View In 2018, vehicle production is expected to increase in Algeria, Morocco and Egypt. In 2018, vehicle sales are expected to decline in Egypt, Lebanon, Tunisia and increase in Algeria and Morocco. North Africa will be the key beneficiary of investment in autos manufacturing in the MENA region as the US withdrawal from the nuclear agreement with Iran forces foreign companies to rethink their strategy in the country. The re-imposition of the Us sanctions on Iran will have both a detrimental impact on the Iranian automotive sector and at the same time it will be beneficial for other vehicle producing countries in the region, namely Egypt, Morocco and Algeria. 14

15 Collaboration and investment opportunities in the automotive sector

16 Possible winning approaches to North African countries Strategy Main advantages Interest level Serving world carmakers present in North Africa countries Setting up an R&D Center - OEM presence hugely grown in the last years, and even - A supply chain made of multinational and local companies constantly improving in efficiency and skills - Good infrastructure mainly regarding to the port system - Interesting incentive and grants schemes for investments and hiring people - Competitive personell costs (blue and white collars) - Availability of skilled manpower at competitive costs (technicians, engineers, etc) - Increasing people English spoken - Incentives for R&D investments in some countries HIGH (depending one specific coutries) STILL LOW 16

17 ANFIA concrete activities in North Africa Two missions in October 2014 and in February 2016 in cooperation with AMICA (local Automotive Association) and Invest in Morocco Agency (12 companies attended) Visit of the Industrial Parks in Kenitra and Tangier Contacts with PSA and Renault Purchasing Departments Some Italian companies are already located in the Tangier Automotive City (Alfagomma, Magneti Marelli, Sigit, Sogefi Group), in Kenitra (MTA) and in the Casablanca premises (Proma Group). ANFIA and TAA (Tunisia Automotive Association) MoU signed in Turin in June 2016 Potential Areas of Cooperation Training Activities on specific issues (Target: local suppliers) Business Development among Italian and Tunisian companies (technical, industrial or commercial joint ventures) Exchange of Statistical Data between ANFIA and TAA Italian companies already located: Clerprem, Dainese, Sparco Current relationships with Algerian and Egiptian Consulates in Italy in order to promote investment and business opportunities for italian comnpanies in the two countries 17

18 Thank you ANFIA Italian Association of the Automotive Industry Corso Galileo Ferraris, Torino Tel.: Fax: Viale Pasteur, Roma tel fax Mail: web site: