Press release. June 2016

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1 Press release FIRST HALF OF 2016 IN GROWTH (2-DIGIT) FOR TRUCKS (+34.2) AND HEAVY TRAILERS/SEMITRAILERS (+35.7); BUS MARKET AGAINP IN CONTRACTION (-7.1) Top priority: replacement of the vehicles in use (as for buses) that in Italy, to this date, are aged over 12 years (European average: 7) Turin, 12 th July 2016 In 2016, registration documents were issued as for new trucks (+53.9 on 2015), plus 1,110 for heavy trailers and semitrailers with GVW > 3,500 kg (+58.8). In the first half of 2016, on the other hand, 10,162 registration documents were issued as for new trucks (+34.2) and 7,299 as for heavy trailers and semitrailers (+35.7). In detail: Goods Transport sector Trucks with GVW >3,500 kg by weight classes Medium trucks >3500<16000 kg ,100 1, Heavy trucks >=16000 kg 1, ,062 5, Total Trucks with GVW >3,500 kg 2,010 1, ,162 7, according to type Rigid trucks ,902 3, Road trucks 1, ,260 3, Total Trucks with GVW >3,500 kg 2,010 1, ,162 7, Trailers and semitrailers with GVW >3,500 kg according to type Trailers Semitrailers ,710 4, Total Trailers + Semitrailers with GVW >3,500 kg 1, ,299 5,

2 The market has been growing fast, though speaking of volumes that are quite far from those recorded in the pre-crisis period: in the years 2000/2008 the annual average of medium-heavy truck sales attained 36,700 units, then they went down to 15,300 in the period Similarly, the annual average of towed vehicle sales declined from 16,900 units in the years to 8,200 in the period The commercial vehicles in use are now in a quite slow stage of renewal: trucks with GVW > 3,500 kg and ante-euro4 emission class, registered at the Public Vehicle Register (PRA) from 84.9 in 2014 to 83.7 end of 2015; as for road tractors, on the other hand, this percentage has d, over twelve months, from 58.9 to 55. Road tractors are, actually, the youngest segment of the whole CVs area: 53 (age: <= 10 years), 47 (age: > 10 years). On the contrary, trucks for the goods transport (aged of more than 10) exceeded sixty percent of the number of registered vehicles at the PRA. The age was higher as for the segment of heavy trailers/semitrailers: just one third of the vehicles in use were aged up to 10. The commercial vehicles with GVW >3,500 kg represented 18 of all vehicles for the goods transport and special motor vehicles, for a total of more than 725,000 trucks for goods and special ones, together with approximately 154,000 road tractors. With regard to particular categories of vehicles, we highlight, in terms of share on vehicles in use, the following means: among trucks, the refrigerated vehicles and the ecological units (transport of solid waste); among trailers and semitrailers, the vehicles for the transport of containers, swap bodies and rail carriages, refrigerated wagons and transport of dangerous goods, according to ADR (Dangerous Goods by Road) and EU dispositions. After the heavy ageing determined by the sinking of the demand during the crisis, the replacement of the oldest vehicles still on the road has also benefited from the dispositions issued to support the sector of the goods transport, and introduced in our country in these last years that, since 2015, have also included the purchase of alternative motorizations with a low environmental impact and efficient in terms of consumptions in particular the Decree of the Ministry of Infrastructure and Transport on investments made by companies belonging to the goods transport sector (issued in November 2015). The market of alternative motorizations is to be sustained now, in terms of diffusion of the distribution network (in particular, as for CNG and bio-cng) and by means of indirect incentive measures put forward to award those most efficient means as for emissions and consumption. Thanks to the Decree here above, those trailers and semitrailers in use destined to the intermodal transport rose 5.3 in 2015, namely up by 892 vehicles in comparison of the container sector, swap bodies and rail carriages, and for the benefit of the intermodal transport that seems to be the most efficient solution for long distances, since the options of using alternative fuels are in this case more limited towards the urban environment. The above-mentioned regulation was concluded on 31st March 2016, but it is likely to be repeated already this year, and in the next few years as well. At present, the Decree, under way, continues insisting on the modernization of the vehicles in use, by means of a measure regarding the scrapping of obsolete vehicles with a contextual purchase of last generation vehicles. 2

3 On the other hand, as for those measures favoring the diffusion of alternative motorizations, that are getting more and more important since in the year 2016 the EU DAFI Directive shall be enforced (2014/94/UE), the Government is now evaluating to include also the electric motorizations. In conclusion, among its targets, the European Union wants to transfer by 2030 thirty percent of the road transport to other modes of transport (rail or sea) and to reach such a target Italy shall have to face a climbing road, to be covered just by introducing structural measures and planning long-distance investments. In detail: Passenger Transport sector Buses with GVW >3,500 kg by type Specific urban buses Specific interurban buses Specific tourist buses Midi-buses Minibuses School buses Buses with GVW >3500 kg - TOTAL ,268 1, The bus market (GVW > 3,500 kg) recorded an increase by just 1.1 in 2016, for a total of 180 registration documents, while in the progressive since the beginning of the year it recorded a decline by 7.1, with the issue of 1,268 registration documents. The Ministry of Infrastructure and Transport Graziano Delrio has recently reconfirmed the Ministry s intention to intervene on the lack and malfunctioning of the Italian Public Transport by means of investments to be made in the Local Public Transport, not only to make increase the number of transported passengers, but also to sustain and re-launch the industrial sectors there related. Consequently, it is essential to give priority to the replacement of the vehicles in use. Just by means of an ad hoc long-lasting investment plan it is possible to assure an effective and real renewal of the vehicle in use park that in Italy, up to this date, is >12 year-old in comparison with the European average of 7 years. Furthermore, this would allow the domestic industry, today working quite below (than fifty percent) its productive capacity, to restart and redouble its production in order to respond to the public demand. The plan of resources allocation as for the years 2015/2016, approved by the Conference of State-Regions, is still waiting to be published. Actually, it needs to be quickly unblocked, and it is necessary to identify innovative solutions to be actuated already as from 2017, also by using those European funds coming from PON METRO. 3

4 At the end of 2015, around 98,000 buses were registered at PRA (Public Automobile Register), as a whole, of which, however, a certain number resulted to be not aligned with the technical inspection (blocked on deposit). Buses registered and that are destined to the public service are 51,000, of which 66 ante- EURO3. According to the ISTAT Survey on Urban Mobility, published on 28th 2016 and referred to the year 2014, the offer of Local Public Transport has been going on decreasing; in particular, from 4,787 places-km per inhabitant (end of 2013) to 4,423 (end of 2014), remaining highly differentiated on the territory: in the cities of Northern Italy (5,722) and in the Center of Italy (4,931) it is from 2 to 3 times higher than the average value recorded in the South of Italy (2,163). On the contrary Local Transport networks (rail) recorded +2.6 (tramways in 12 cities) and as for underground lines (7 cities, of which 6 re-modernized centers by enlarging the net in these last 5 years). With regard to the Local Public Transport, the expenditure made by the various main regional cities rose from 97 to 137 per capita (2008/2010 and 2012/2014 yearly averages, respectively), whereas the expenditure for investments went down from 68 to 41 per capita. The Local Public Transport demand, on the other hand, went on growing - from 190 to 192 passengers/inhabitant - though it was still far from the pre-crisis levels (218 passengers/inhabitants in 2008). ISTAT observes that in Italy, as a whole, those accustomed to using buses, trolley-buses and tramways are around one tenth of the resident population aged =>14 and, of which 15 in the Center, 12 in the North and 9 in the South of Italy, and just a little more than a third in the center of the metropolitan areas. According to ACI data (Automobile Club of Italy), in metropolitan centers, the size of the vehicle in use park has been decelerating since 2012 and, consequently, in 2015, the relating index was aligned to the year Also in some large municipalities (> 250,000 inhabitants) this figure has been in downturn since 2012, becoming in 2015 even lower than those levels recorded in 2000: in this case, the relating index went down to 93.2 on the year 2000, as a basis of comparison (=100). This figure highlights that in the major big municipal cities the alternative transport, compared to the private means (buses, bicycles, motorcycles, walking), has allowed a more reduction in the size of the vehicle in use park than in big cities. Italian Car park: metropolitan areas and big cities (>250,000 inhabitants) Index numbers 2000=100 Basis: 2000= Metropolitan cities Big municipal cities The statistical sample is inclusive of Metropolitan cities and Big municipal cities: Bari, Bologna, Catania, Florence, Genoa, Milan, Naples, Palermo, Rome, Turin, Venice, and Verona. (Source: ACI) 4

5 For more information: ANFIA Press Office Miriam Gangi (Ms.) - m.gangi@anfia.it Telephone: Mobile phone: ANFIA Italian Association of the Automotive Industry is one of the leading Italian Trade Associations, members of CONFINDUSTRIA. Born in March 1912, over these one hundred years, ANFIA mission has always been to represent the interests of its associate members and ensure effective communication between the Italian motor vehicle industries on the one hand, and the Public Administration and Italian political bodies on the other, with regard to all technical, economic, fiscal, legal, statistical and quality-related issues referred to the automotive sector. The Association is structured in three product-based Groups, each one chaired by a President. Components: motor vehicle parts and components manufacturers; Car Coachbuilders and Designers: companies working in the sector of design, engineering and style of motor vehicles and/or parts and components for the automotive sector; Motor vehicles: motor vehicles manufacturers in general, including trucks, trailers, camper vans, special means of transport and/or intended for special use, such as fitting and specific equipment mounted on motor vehicles. 5

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