AGP Executive Report
Last update: 3 hours agoMotorcycle Industry: Chinese brands are gaining ground in Europe with lower-priced, high-performance bikes. China supplied 27.1% of EU motorcycle imports in 2025, worth €1 billion, as manufacturers showcased new models at Milan’s EICMA show. Steel Crisis: Furnaces at the former ILVA steelworks in Taranto have shut down. A prospective buyer says it is ready to take over but wants a €1 billion state loan. Manufacturing: A shortage of electronic control units has disrupted Fiat production in Italy. Wages and Banking: Italian wages are lagging behind Europe’s 4.3% rise, while Monte dei Paschi reported nine-month profits of €1.66 billion, up 21%. Energy Costs: Italy’s government plans measures to lower electricity prices for businesses and households.
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