Italian automotive and vehicle-related economic trends

Recent reports highlight various economic factors affecting vehicle-related costs and regulations in Italy.

In Liguria, real estate investigations show record prices for newly built car garage boxes due to high demand and limited supply, with some units in Camogli priced at approximately €4,700 per square metre. To address these costs, the Italian government introduced the ‘Bonus Box auto 2026’, a tax deduction scheme allowing owners to recover a portion of construction or purchase costs, up to a maximum of €96,000 per property depending on whether it is a primary or second home.

In Puglia, car insurance premiums have seen an upward trend, with regional averages for four-wheel vehicles reaching 548.46 euros, significantly higher than the national average of 423 euros. Additionally, legislative discussions regarding a new Highway Code have raised concerns over potential requirements for foreign-registered vehicles, such as those with Polish plates, to use Italian insurance providers, a move critics suggest may conflict with European Union principles of free movement.