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

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. United Kingdom ?

Motors 284
Motors Motor Motoring Market 284
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More than 50 percent of MoUs signed in Vibrant Gujarat are green | Autocar Professional

Baua Electric

JANUARY 9, 2024

According to industry estimates, the state’s automotive sector is now valued at USD 3 billion, with Gujarat exporting automobiles and auto components with over eight lakh vehicles exported in the fiscal year 2020-21. Tata Motors currently has signed an MoU with the Gujarat government to establish a lithium-ion cell factory.

Green 52
Green Suzuki United Arab Emirates UAE 52
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