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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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Trump promises 100% tariff on Mexico-built Chinese cars—EV or not

Baua Electric

In a Saturday campaign speech in Dayton, Ohio, Trump said that over a period of 30 years Mexico has taken away 34% of the automobile manufacturing business in the U.S. Earlier this month three Senate Democrats from car-manufacturing states warned of “artificially low-priced Chinese EVs flooding the U.S. made ones this year.

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