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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. This just goes to show the sheer scale of the importance of the automobile industry to Europe.

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Driving Dystopia: Pickup Sales Are Probably Going to Decline in the UK

The Truth About Cars

What I assumed would be a quick chat quickly devolved into my being educated on British tax codes, especially the benefit-in-kind (BIK) taxes applied to any items of value provided to employees. For corporate automobiles that also see private use, benefit-in-kind taxes are calculated as a perk on top of the base salary.

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All Western European Countries Will Have CO2-Related Car Taxation This Year; European Auto Industry Urges Harmonization of Schemes

Green Car Congress

The number of EU countries with CO2-related car taxation rose to 15 in 2008. ACEA provides an overview of the CO 2 -based vehicle taxes here. The annual Tax Guide gives an overview of motor vehicle taxation in the twenty-seven Member States of the European Union, the countries of the European Free Trade Association as well as Turkey.

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Increasing number of EU states incentivising CO2 transport cuts

Green Cars News

At present, seventeen EU member states levy CO2-related taxes on passenger cars, the European Automobile Manufacturers’ Association (ACEA) has revealed. Plus fifteen governments in the EU provide tax incentives for electrically chargeable vehicles. In 2009, motor vehicle taxes in the EU 15 amounted to €377 billion or 3.4

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CMU Paper: Market-Based Mechanisms for CO2 Reduction Will Be Insufficient to Attain Mid-Century Goals

Green Car Congress

cap and trade or a carbon tax) is a likely key part of a US strategy to reduce carbon dioxide (CO 2 ) emissions, such a market-based approach alone will not induce the investments in long-lived technology required to achieve a 50 to 80% reduction in emissions of carbon dioxide by mid-century.

Market 186
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Frost Sullivan Projects That About 80% of European Vehicle Sales Will Be in the 150 g/km CO2 Band by 2015; EVs as a Strategy of Premium Automakers

Green Car Congress

A new report from Frost & Sullivan, Implementation Roadmap of CO 2 Tax Banding in European Countries and Impact Analysis on Powertrain and Green Technology Adoption , finds that about 80% of the European vehicle sales is expected to be in the less than 150 g/km CO 2 emission band by 2015. Hariher Balasubramanian.

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IEA technology and policy reports outline paths to halving fuel used for combustion-engined road transport in less than 40 years

Green Car Congress

The index is built from the four key policies needed to improve fuel economy: fuel tax, CO 2 -based vehicle tax, fuel economy standards and labeling. Important complementary policies include fuel economy labeling, fuel economy or CO2-adjusted vehicle tax systems (such as “feebates”), and fuel taxes.