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Regearing for growth

Light vehicle production in Italy hit a new low in 2024, with fewer than 600,000 units produced, a 67% decline compared to 2000. Europe also saw a contraction, though to a lesser extent. Italian defence spending is set to grow significantly in the coming years, in line with European commitments. After reaching €33.7 billion in 2024, it is expected to increase to €51.5 billion in 2027 and over €80 billion in 2035.

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Professional services promotion - Italian entities of the PwC Network Information detail
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