Automobile Automobile Industry Tax 
Green Car Congress
MAY 4, 2020
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.
Green Car Congress
JULY 9, 2012
Natural gas and other alternative fuel vehicle technology is basically mature, the government said, and is headed toward initial industrialization. However, generally speaking, the government continued, China has not achieved a breakthrough with new energy automobiles and core components of the key technologies.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Green Car Congress
FEBRUARY 15, 2012
Sector analysis: Automobiles. The major climate change-related risk for the automobile industry is the potential to be exposed to carbon reduction legislation such as carbon taxes or emissions trading systems which would result in corresponding increases in operating costs, according to the KPMG report.
Revenge of the Electric Car
DECEMBER 28, 2009
in tax incentives for those sites and others. The state has the highest US unemployment rate at 15.2%, largely a result of the depressed automobile industry that has resulted in thousands of layoffs in the past 18 months. “We expect the Detroit-Hamtramck plant will be the first facility in the U.S. Michigan has approved $135.2m
Green Car Congress
AUGUST 6, 2013
The automobile industry has said that without additional government subsidies they can only sell 600,000 electric cars by 2020 at best. In the short run, preserve the implicit road tax exemption for EV owners by minimizing road use EV surcharges. Enthusiasm in some areas has been tempered by slow EV uptake.
Clean Fleet Report
JUNE 15, 2021
With more users gearing towards purchasing electric vehicles, a surge in demand has drastically hit the electric automobile industry. You can now purchase an electric vehicle at a fair price due to the existing tax credits. The federal tax credit exempts allows you to deduct up to $7,500 from the vehicle’s initial cost.
Teslarati
JULY 29, 2024
.” It was reportedly these factors that led to Tesla being snubbed by the Biden administration in its EV summit and US President Joe Biden crediting GM CEO Mary Barra for leading and electrifying “the entire automobile industry.” ’ And by the way, SpaceX would be paying a carbon tax too.
Expert insights. Personalized for you.
284 
Let's personalize your content