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

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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.

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ACEA: EU commercial vehicle registrations: down 23.2% in Q1 2020; -47.3% in March

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across the EU, as measures to prevent the spread of COVID-19 lead to the closure of dealerships, according to the ACEA (European Automobile Manufacturers Association). In March 2020, demand for new commercial vehicles fell by 47.3%

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ACEA: data show EU market for electric cars highly fragmented; need for inclusive measures

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The European Automobile Manufacturers’ Association (ACEA) has published new data demonstrating the correlation between the market uptake of electrically-chargeable vehicles (ECVs) and both GDP and customer incentives. Estonia. Five EU member states don’t offer any incentives at all: Croatia, Estonia, Lithuania, Malta and Poland.

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